American Homes 4 Rent
From Wikipedia, the free encyclopedia
 | |
| 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 | Bryan Smith (CEO) |
| Products | Single Family Rental Homes and Communities |
| 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]
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]