AMH is a real estate investment trust headquartered in Las Vegas, Nevada, that operates as an integrated owner, operator, and developer of single-family rental homes across the United States. The company was founded in October 2012 by B. Wayne Hughes, who previously established Public Storage in 1972. AMH went public via initial public offering in August 2013 and trades on the New York Stock Exchange under the ticker AMH. The company's core business model focuses on acquiring, developing, renovating, leasing, and managing detached single-family homes as rental properties in metropolitan markets across more than 20 states. AMH has developed a build-to-rent development program that includes the construction of purpose-built rental communities, which differentiates it from traditional scattered-site acquisition approaches. The company's strategy targets suburban neighborhoods in growth markets where residents seek single-family home amenities with rental flexibility. As of March 2026, the company owns over 61,000 single-family properties primarily in the Southeast, Midwest, Southwest, and Mountain West regions. The portfolio concentrates on Sun Belt and growth markets including Atlanta, Dallas-Fort Worth, and Charlotte. In October 2024, AMH acquired nearly 1,700 single-family rental homes for approximately $480 million, demonstrating continued portfolio expansion. The company operates as an internally managed REIT with a vertically integrated platform.
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