Nope. It's more similar to Twitter (chronological timeline), but without promoted messages / "you may have missed" types of features.
Event Invitations is one of the few uses of FB that I still have. I'm open to alternatives that simplify facilitate threaded discussions between those who were invited, but as with any system convenience is a factor.
Google Calendar does work, yet somehow (and ironically) seems more intrusive than Facebook in that you're communicating directly with emails; the younger the participant, the greater the lack of enthusiasm for emails.