American_Homes_4_Rent

American Homes 4 Rent

American Homes 4 Rent

American real estate investment firm

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]

Quick Facts Company type, Traded as ...

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]
    "American Homes 4 Rent 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. [2]
    Perlberg, Heather; Gittelsohn, John (February 13, 2013). "Billionaire Hughes chasing Blackstone as U.S. rental king". Bloomberg News.
  3. [3]
    Lee Van Der Voo (September 8, 2015). "Wall Street moves in on Portland rental homes". Investigate West. Retrieved 2015-09-10.
  4. [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. [5]
    "Investors – AMH". investors.amh.com.
  6. [6]
    "Introducing AMH, a brand built for the future". www.amh.com. Retrieved 12 January 2023.
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