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]
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]