American Homes 4 Rent
TypePublic company
IndustryReal estate investment trust
FoundedOctober 19, 2012 (2012-10-19)
FounderB. Wayne Hughes
HeadquartersLas Vegas, Nevada, U.S.
Key people
David P. Singelyn (CEO)
ProductsLeasehold estates
RevenueIncrease US$1.143 billion (2019)
Increase US$85 million (2019)
Total assetsIncrease US$9.100 billion (2019)
Total equityIncrease US$6.018 billion (2019)
Number of employees
1,324 (2019)
Websitewww.amh.com
Footnotes / references
[1]

American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states. Its largest concentrations are in Atlanta (9.3% of total homes), Dallas-Fort Worth (8.4% of total homes), and Charlotte, North Carolina (7.2% of total homes).[1]

History

The company was established in October 2012 by B. Wayne Hughes, the founder of Public Storage.[2] It was one of the first large public companies to begin investing heavily in single-family homes, following the entry of The Blackstone Group into the field in 2012.[3] Early funding for the company included a $600 million investment from the Alaska Permanent Fund.[2]

In August 2013, the company became a public company via an initial public offering.[1]

In March 2016, the company merged with American Residential Properties, Inc.[4]

In January 2023, the company announced a branding change from American Homes 4 Rent to AMH in a public news release and a notice to investors.[5][6]

See also

References

  1. 1 2 3 "American Homes 4 Rent 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. 1 2 Perlberg, Heather; Gittelsohn, John (February 13, 2013). "Billionaire Hughes chasing Blackstone as U.S. rental king". Bloomberg News.
  3. ↑ Lee Van Der Voo (September 8, 2015). "Wall Street moves in on Portland rental homes". Investigate West. Retrieved 2015-09-10.
  4. ↑ "American Homes 4 Rent And American Residential Properties, Inc. Complete Their Merger, Enhancing The Size Of The Largest Publicly Traded Single-Family Rental Company" (Press release). PR Newswire. March 1, 2016.
  5. ↑ "Investors – AMH". investors.amh.com.
  6. ↑ "Introducing AMH, a brand built for the future". www.amh.com. Retrieved 12 January 2023.
  • Official website
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