/

|

In total, AMH has a portfolio of 59,343 wholly owned single-family rentals. Of those rental homes, 10,000 were built by AMH’s homebuilding/build-to-rent operation.

Additionally, AMH has another 10,000 build-to-rent homes in its development pipeline, ranging from raw lots to homes already under construction.

“America is woefully underbuilt for housing,” Landry says. “Certainly [we need more housing] for the millennial generation, they’re in their household formation years. It’s a strong tailwind.”