 | |
| Company type | Public company |
|---|---|
| Traded as | |
| Industry | Real estate investment trust |
| Founded | October 19, 2012; 12 years ago (2012-10-19) |
| 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) |
| Net income | 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 | |
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).
History
The company was established in October 2012 by B. Wayne Hughes, the founder of Public Storage. 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. Early funding for the company included a $600 million investment from the Alaska Permanent Fund.
In August 2013, the company became a public company via an initial public offering.
In March 2016, the company merged with American Residential Properties, Inc.
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.
See also
References
- ^ "American Homes 4 Rent 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ 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
- Official website
- Business data for American Homes 4 Rent: