Goldman Sachs analyst Julien Blouin has become cautious on the residential REIT sector, flagging a challenging setup for the second half of 2025 and into 2026. He pointed to weaker job growth, slowing migration trends in Sunbelt (south and southwest U.S.) markets, and rising supply forecasts as key headwinds that continue to cap pricing power despite steady absorption levels.DowngradesCamden Property Trust CPT was downgraded to Sell with a $106 price forecast, cut from $118, based on a 15.2x forward FFO mul ...

The Zacks REIT and Equity Trust - Residential industry is facing headwinds from oversupply and economic uncertainty. A surge of new apartment units, particularly in the Sun Belt, has weakened rents and occupancy, forcing landlords to rely on concessions to attract tenants. Broader macroeconomic pressures, including tariffs and labor market strain, further weigh on renter affordability and investor sentiment.However, demographic-driven household formation and high costs of homeownership continue to support s ...

Single-family giants are selling houses they bought amid the Housing Bust and shifted to new construction of build-to-rent developments. Multifamily caught up in CRE turbulence. The top six single-family rental landlords own 422,000 single-family properties; the top six multifamily landlords own 660,000 rental apartments; and mom-and-pop landlords own 11 million single-family rentals, out of nearly 50 million total rental units.Big multifamily landlords and mom-and-pop single-family landlords are classic el ...

Group 1 - The article promotes a 2-week free trial for access to a real estate investment portfolio and top picks [1] - The company claims to be the largest real estate investment community on Seeking Alpha with over 2,000 members [1] - The community has received a perfect rating of 5/5 from over 400 reviews [1] Group 2 - A limited-time offer is available for joining at a deeply reduced rate [1] - The promotion emphasizes the value of the investment community and its resources [1]

PresentationGood morning. Welcome to Bank of America's 2025 Global Real Estate Conference. I'm Jana Galan, and I cover the residential REITs at Bank of America. We're very pleased to have with us AMH's CEO, Bryan Smith; CFO, Chris Lau; and EVP and COO, Lincoln Palmer. Bryan will start with a few opening remarks, and then we can jump into Q&A.Bryan SmithCEO & Trustee Thank you, Jana. I'll start today with some brief comments on the single-family rental industry, and then I'll highlight a few key points speci ...

PresentationGood morning. Welcome to Bank of America's 2025 Global Real Estate Conference. I'm Jana Galan, and I cover the residential REITs at Bank of America. We're very pleased to have with us AMH's CEO, Bryan Smith; CFO, Chris Lau; and EVP and COO, Lincoln Palmer. Bryan will start with a few opening remarks, and then we can jump into Q&A.Bryan SmithCEO & Trustee Thank you, Jana. I'll start today with some brief comments on the single-family rental industry, and then I'll highlight a few key points speci ...

American Homes 4 Rent (NYSE:AMH) 2025 Conference September 10, 2025 09:35 AM ET Company ParticipantsBryan Smith - CEO & TrusteeChristopher Lau - CFO & Senior EVPConference Call ParticipantsYana Gallen - Research AnalystYana GallenGood morning. Welcome to Bank of America's 2025 Global Real Estate Conference. I'm Yana Gallen, and I cover the residential REITs at Bank of America. We're very pleased to have with us AMH's CEO, Bryan Smith, CFO, Chris Lau, and EVP and COO, Lincoln Palmer. Bryan will start with a ...

LAS VEGAS, Sept. 3, 2025 /PRNewswire/ -- AMH (NYSE: AMH), a leading large-scale integrated owner, operator, and developer of single-family rental homes, today announced that members of the Company's management team will participate in a roundtable discussion at the BofA Securities 2025 Global Real Estate Conference on Wednesday, September 10, 2025 at 9:35 a.m. Eastern Time.A live audio webcast of the presentation will be available on the Company's website at www.amh.com under the "Investor Relations" tab. A ...

Core Viewpoint - The article discusses the investment landscape in the real estate sector, particularly focusing on the performance and potential of various real estate investment trusts (REITs) and related securities [2]. Group 1: Company Insights - Hoya Capital Research & Index Innovations is affiliated with Hoya Capital Real Estate, which provides investment advisory services and focuses on publicly traded securities in the real estate industry [2]. - The commentary emphasizes that the information provided is for educational purposes and does not constitute investment advice [2][3]. Group 2: Market Commentary - The article highlights that past performance of investments is not indicative of future results, stressing the importance of understanding market risks [3]. - It notes that investments in real estate companies and housing industry firms carry unique risks, which should be considered by potential investors [2].

Core Insights - American Homes 4 Rent (AMH) reported strong financial results for Q2 2025, with Core FFO per share at $0.47, significantly above the $0.17 analyst estimate, and revenue reaching $457.5 million, exceeding expectations of $450.2 million [1][2] - The company raised its full-year 2025 Core FFO guidance, indicating confidence as it approaches the peak leasing season [1][12] Financial Performance - Core FFO per share and unit increased by 4.4% year-over-year [2] - Revenue grew by 8.0% compared to the prior year [2] - Net income per diluted share rose by 12.0% year-over-year [2][5] - Core NOI from Same-Home properties increased by 4.1% [1][2] Business Model and Strategy - American Homes 4 Rent focuses on acquiring, building, leasing, and managing single-family rental homes, targeting families and professionals [3] - The company emphasizes internal development through its AMH Development program, delivering new homes rather than relying on acquisitions [4][7] - The average occupied portfolio consisted of 58,282 homes as of Q2 2025 [3] Market Dynamics - The leasing environment remained strong, with a same-home average occupancy rate of 96.3% and blended lease rate growth of 4.3% [6] - The company experienced strong demand for single-family rentals, particularly in the Midwest, despite some competition in markets like Texas and Florida [8] Capital Structure and Financial Position - The company issued $650 million in new unsecured senior notes at a 4.95% coupon rate, enhancing financial flexibility [8] - Cash on hand totaled $323.3 million, with total outstanding debt at $5.2 billion and a weighted average interest rate of 4.5% [8][9] - Retained cash flow was $49.3 million, and the company generated $120.6 million in net proceeds from property sales [9] Future Outlook - Management raised full-year 2025 Core FFO guidance to a midpoint of $1.86 per share, reflecting a 5.1% anticipated growth [12] - The company plans to deliver 1,800–2,000 homes in 2025, with investment costs estimated at $700–800 million [13]