American Homes 4 Rent is an internally managed Maryland real estate investment trust (REIT). The Company is focused on acquiring, developing, renovating, leasing, and managing single-family homes as rental properties. The Company’s objective is to generate attractive, risk-adjusted returns for its shareholders through dividends and capital appreciation. It holds approximately 58,993 single-family properties in select submarkets of metropolitan statistical areas (MSAs) within 21 states. The Company is focused on developing built-for-rental homes through its internal AMH Development Program and acquiring newly constructed homes from third-party developers through its National Builder Program in target markets in select submarkets of MSAs. The Company’s integrated operating platform provides property management, acquisitions, development, marketing, leasing, financial, and administrative functions. Its subsidiaries include American Homes 4 Rent SFR, LLC and American Residential GP, LLC.