Same Store NOI Growth definition

Same Store NOI Growth means net operating income for an identified population of homes as set forth in the Company’s annual and quarterly reports filed with the SEC in respect of the actual Performance Period. This Restricted Stock Unit Agreement, effective as of the Date of Grant (as defined below), is between Invitation Homes Inc., a Maryland corporation (the “Company”), and the Participant (as defined below).

Same Store NOI Growth means the growth in same store net operating income of the Trust for the Performance Period as compared to the prior Performance Period, as adjusted and calculated in accordance with the Trust’s accounting principles.

Same Store NOI Growth means net operating income for an identified population of homes as set forth in the Company’s annual and quarterly reports filed with the SEC in respect of the actual Performance Period. RESTRICTED STOCK UNIT AGREEMENT (2020 GRANT) INVITATION HOMES INC.2017 OMNIBUS INCENTIVE PLAN This Restricted Stock Unit Agreement, effective as of the Date of Grant (as defined below), is between Invitation Homes Inc., a Maryland corporation (the “Company”), and the Participant (as defined below). WHEREAS, the Company has adopted the Invitation Homes Inc. 2017 Omnibus Incentive Plan (as it may be amended, the “Plan”) in order to provide additional incentives to selected officers, employees, consultants and advisors of the Company Group; and WHEREAS, the Committee (as defined in the Plan) responsible for administration of the Plan has determined to grant RSUs to the Participant as provided herein and the Company and the Participant hereby wish to memorialize the terms and conditions applicable to such RSUs. NOW, THEREFORE, the parties hereto agree as follows:

Examples of Same Store NOI Growth in a sentence

• Peers (1) 8.1 7.0 6.6 6.0 5.8 5.6 5.0 4.8 4.8 3.8 3.5 0.0 3.0 6.0 9.0 ESS Monogram CPT UDR EQR AIV MAA AEC AVB HME PPS (%) 2-Year Average Same Store NOI Growth vs.

• We raised funds to strengthen Killam’s balance sheet, and to increase our cash on hand, giving us the ability to pursue acquisition opportunities as they arose.We used a portion of the cash to repurchase $10 million of Killam’s $20 million Historic Same Store NOI Growth 8.

• Same Store NOI Growth on an absolute basis was set at: Threshold 2.5%Target 3.0%Maximum 3.5%Rationale: The Compensation Committee considers same store NOI to be an important driver of real estate property values and stockholder value.

• Change in Guidance for Conventional Same Store NOI Growth Compared to 2011Aimco currently expects full year 2012 Conventional Same Store revenue to increase 4.6% when compared to 2011, which is 0.4% lower than the midpoint projected by Aimco in second quarter 2012.

• Same Store NOI Growth and Outperformance ELS has maintained positive same store NOI growth in all quarters since at least Q3 1998.

• Consistent Same Store NOI Growth and Outperformance ELS has maintained positive same store NOI growth in all quarters since at least Q3 ’98.

More Definitions of Same Store NOI Growth

Same Store NOI Growth means net operating income (“NOI”) for an identified population of homes as rental revenues and other property income less property operating and maintenance expense (which consists primarily of property taxes, insurance, HOA fees (when applicable), market level personnel expenses, repairs and maintenance, leasing costs and marketing), and excludes: interest expense; depreciation and amortization; general and administrative expense; property management expense, net of tax; impairment and other; acquisition costs; (gain) loss on sale of property; and interest income and other miscellaneous income and expenses. This Restricted Stock Unit Agreement, effective as of the Date of Grant (as defined below), is between Invitation Homes Inc., a Maryland corporation (the “Company”), and the Participant (as defined below).

Same Store NOI Growth means net operating income for an identified population of homes as set forth in the Company’s annual and quarterly reports filed with the SEC in respect of the actual Performance Period.