2024-02-18 15:14:23 ET
Summary
- American Homes 4 Rent is a leading single-family rental REIT with multiple growth channels and a strong balance sheet.
- AMH's ability to refresh its portfolio by selling older properties and investing in higher-yielding build-to-rent properties is a unique advantage.
- The demand for single-family rentals is expected to increase due to the aging Millennial cohort and the affordability challenges of buying a home.
American Homes 4 Rent ( AMH ) is, in my opinion, the premier single-family rental ("SFR") REIT.
It boasts multiple growth channels, including acquisitions, home rehabs, and its own internal, ground-up development platform. AMH is a top 40 homebuilder in the US, delivering 2,000+ new, high-quality rental homes into its portfolio annually. With home prices continuing to creep up while construction costs have flattened out, AMH's development margins and stabilized NOI yields are improving....
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For further details see:
American Homes 4 Rent: Leasing The American Dream