AMH.PH — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-07-31

• The “21st Century ROAD to Housing Act” (the “ROAD Act”) was enacted into federal law on July 11, 2026 and will take effect on January 7, 2027. The ROAD Act generally imposes a federal restriction on our ability to purchase single-family homes, subject to various exemptions such as purchases of homes…

• The following table summarizes certain key single-family properties metrics as of June 30, 2026:

• During the six months ended June 30, 2026, we developed 999 newly constructed homes delivered to our operating portfolio through our AMH Development Program, partially offset by 854 homes identified for sale. During the six months ended June 30, 2026, we also developed an additional 191 newly constr…

• Our properties and land held for sale were identified based on individual asset-level review, as well as submarket analysis. As of June 30, 2026 and December 31, 2025, there were 701 and 1,142 properties, respectively, as well as certain land lots, classified as held for sale. During the three month…

• Net income totaled $132.9 million for the three months ended June 30, 2026, compared to $123.6 million for the three months ended June 30, 2025. The increase was primarily due to increases in rents and other single-family property revenues exceeding increases in total expenses and higher net gains o…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• The following table summarizes certain key single-family properties metrics as of March 31, 2026:

• Our properties and land held for sale were identified based on individual asset-level review, as well as submarket analysis. As of March 31, 2026 and December 31, 2025, there were 1,037 and 1,142 properties, respectively, as well as certain land lots, classified as held for sale. During the three mo…

• Net income totaled $148.8 million for the three months ended March 31, 2026, compared to $128.7 million for the three months ended March 31, 2025. The increase was primarily due to increases in rents and other single-family property revenues exceeding increases in total expenses and higher net gains…

• As we continue to grow our portfolio with a portion of our homes still recently developed, acquired and/or renovated, we distinguish our portfolio of homes between Same-Home properties and Non-Same-Home and Other properties in evaluating our operating performance. We classify a property as Same-Home…

• renovated by the Company or newly constructed and then initially leased or available for rent for a period greater than 90 days. Properties acquired through a bulk purchase are first considered non-stabilized, as an entire group, until (1) we have owned them for an adequate period of time to allow f…

Text added vs the prior filing · source: 10-Q · 2026-07-31

• Various legislative and regulatory bodies, including at the federal, state and local level, have been focused on the shortage of residential housing in the U.S. and significant increases in the cost of housing. For example, the ROAD Act, which was enacted into federal law on July 11, 2026 and will t…

• Although we have not been acquiring a significant number of homes through the MLS in recent years, we expect the ROAD Act will adversely impact our ability to do so in the future. In addition, the ROAD Act and the similar state and local initiatives noted above could impose significant costs, restri…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• Various legislative and regulatory bodies, including at the federal, state and local level, have been focused on the shortage of residential housing in the U.S. and significant increases in the cost of housing. Some states and local jurisdictions have passed or proposed regulations (i) imposing proh…

• We expect this trend to continue at the federal, state and local level. Any such laws or regulations could impose significant costs, could require that we suspend or limit property acquisitions or otherwise modify or cease existing business practices or divest properties, could restrict the location…