American Homes 4 Rent Debuts at #45 on 2021 Builder 100 List

Rhea-AI Summary

American Homes 4 Rent (NYSE: AMH) has achieved a significant milestone, ranking as the 45th largest homebuilder in the U.S. on BUILDER magazine's 2021 Builder 100 List. This accomplishment, noted CEO David P. Singelyn, reflects the company's successful built-to-rent strategy and its AMH Development program. In 2020, the firm delivered 1,647 homes and owns nearly 54,000 single-family properties across 22 states as of March 31, 2021. This news positions American Homes 4 Rent for sustained growth in the competitive rental market.

Positive

• Ranked 45th largest homebuilder in the U.S. on BUILDER's 2021 Builder 100 List.
• Successful delivery of 1,647 homes in 2020.
• Significant inventory of 53,984 single-family properties across 22 states as of March 31, 2021.

Negative

• None.

CALABASAS, Calif., June 10, 2021 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, has been ranked by BUILDER magazine as the 45^th largest homebuilder in the country on its 2021 Builder 100 List.

"American Homes 4 Rent's debut in the top 50 on the Builder 100 list less than four years after delivering our very first home is a testament to our foresight to pursue the built-to-rent strategy and our pioneering AMH Development program's ability to deliver highly desirable, single-family rental communities in rapidly growing markets," said David P. Singelyn, Chief Executive Officer, American Homes 4 Rent. "We're proud to be the highest ranked builder solely focused on single-family rental homes and we are laying the foundation for sustained growth over the coming years."

American Homes 4 Rent delivered 1,647 homes in 2020. The 2021 Builder 100 list can be viewed here.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing and operating attractive, single-family homes as rental properties. As of March 31, 2021, we owned 53,984 single-family properties in selected submarkets in 22 states.  

Additional information about American Homes 4 Rent is available on our website at http://www.ah4r.com.

Contact:
American Homes 4 Rent
Media Relations
Megan Grabos
Phone: (805) 413-5088
Email: media@ah4r.com

 

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SOURCE American Homes 4 Rent

FAQ

What is American Homes 4 Rent's stock symbol?

American Homes 4 Rent is traded under the stock symbol AMH.

When did American Homes 4 Rent rank on the Builder 100 List?

American Homes 4 Rent was ranked 45th on the Builder 100 List on June 10, 2021.

How many homes did American Homes 4 Rent deliver in 2020?

American Homes 4 Rent delivered 1,647 homes in 2020.

How many properties does American Homes 4 Rent own as of March 31, 2021?

As of March 31, 2021, American Homes 4 Rent owned 53,984 single-family properties.

What strategy is American Homes 4 Rent focusing on for growth?

American Homes 4 Rent is focusing on a built-to-rent strategy for growth.