American Homes 4 Rent
 | |
| Company type | Public company |
|---|---|
| Industry | Real estate investment trust |
| Founded | October 19, 2012 |
| Founder | B. Wayne Hughes |
| Headquarters | Las Vegas, Nevada, U.S. |
Key people | David P. Singelyn (CEO) |
| Products | Leasehold estates |
| Revenue |  US$1.143 billion (2019) |
| US$85 million (2019) | |
| Total assets | US$9.100 billion (2019) |
| Total equity | US$6.018 billion (2019) |
Number of employees | 1,725 (December 2023) |
| Website | www |
| 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
[edit]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
[edit]References
[edit]- ^ a b c "American Homes 4 Rent 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ a b Perlberg, Heather; Gittelsohn, John (February 13, 2013). "Billionaire Hughes chasing Blackstone as U.S. rental king". Bloomberg News.
- ^ Lee Van Der Voo (September 8, 2015). "Wall Street moves in on Portland rental homes". Investigate West. Retrieved 2015-09-10.
- ^ "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.
- ^ "Investors – AMH". investors.amh.com.
- ^ "Introducing AMH, a brand built for the future". www.amh.com. Retrieved 12 January 2023.
External links
[edit]- Official website
- Business data for American Homes 4 Rent: