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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.
The FTC and the State of Colorado recently sued a prominent property management company, alleging hidden fees added on top of the publicly advertised monthly rent.
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
The company is organized in Maryland with its headquarters in Highlands Ranch, Colorado. As of December 31, 2020, the company owned interests in 149 apartment communities containing 48,283 apartment units. [1] It is the 19th largest owner of apartments in the United States and the 30th largest apartment property manager in the United States. [2]
Advertisement for mobile homes on the Florida Keys, June 1973. Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
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