Amherst Holdings

Name

Amherst Holdings

Legal name

The Amherst Group LLC

Website

https://amherst.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Management of Companies and Enterprises (55111), Other Financial Investment Activities (5239)

SIC

Investors, Nec (6799), Real Estate (6500), Investment Advice (6282)

akta.pro primary industry

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

akta.pro secondary industries

Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Real Estate Management for Family Offices (Acquisition, Development, Property Ops) (FSAAADAI), Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

Keywords

• Single-family rental investment
• Residential property management
• Mortgage-backed securities
• Commercial real estate lending
• Real estate investment management

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Rental Income: Long-term rental income from approximately 47,000 single-family homes under management across 32 U.S. markets
2. Asset Management Fees: Fees from managing investment portfolios for institutional investors including equity and debt capital management
3. Property Transaction Fees: Transaction fees from property acquisitions, sales through Bungalo direct-to-consumer platform, and portfolio management
4. Securitization and Debt Capital: Utilization of securitization shelf to access public credit markets and raise private debt through credit partners

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Amherst Holdings is a vertically integrated real estate investment, development, and operating platform that acquires, finances, renovates, manages, and sells U.S. residential and commercial real estate. It underwrites and trades residential mortgage-backed securities and operates single-family rental, property management, direct-to-consumer home sales, modular construction, and commercial real estate lending businesses.

Product overview

Amherst Holdings is a vertically integrated real estate investment, development, and operating platform offering strategies across the real estate capital stack. The platform consists of: Amherst Residential (single-family rental investment), Main Street Renewal (property management), Bungalo (direct-to-consumer home sales), Amherst Capital Management LLC (mortgage-backed securities and commercial real estate), and StudioBuilt (modular home construction). The platform is supported by proprietary data analytics including the Amherst Home Price Index, and includes social impact initiatives like the Amherst CARES program and the Amherst Foundation. The company manages $16.4B in assets across approximately 47,000 homes in 32 U.S. markets as of September 30, 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Bungalo: Direct-to-consumer platform for acquiring and selling renovated homes to homebuyers
• Amherst Capital Management
• StudioBuilt
• Firefly
• Amherst InsightLabs
• Main Street Renewal

Quantifiable outcome

• 59,400+ homes acquired, $10.8B value of homes acquired, 348,000+ residents served
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Main Street RenewalcoreOthersIn-house property management company that leases and manages single-family homes across all 32 of Amherst's rental markets. Amherst bears the lease-up risk and provides ongoing services, responsible property management, and resident experience.
• BungalocoreOthersDirect-to-consumer platform through which Amherst acquires and renovates homes, incorporating thoughtful design elements and high-quality sustainable finishes before listing through the Bungalo brokerage for home buyers.
• StudioBuiltcoreOthersModular building entity that constructs homes at studios in Cuero, Texas and partner studios across the Southeast. At full capacity, the Cuero facility creates over 250 manufacturing jobs and can build homes about 50% faster than traditional with stronger quality controls.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Invitation Homes: Largest U.S. institutional single-family rental owner/operator, publicly traded REIT sponsored by Blackstone. Direct competitor in acquiring, renovating, leasing, and managing SFR portfolios for institutional capital; comparable scale, geography, and resident profile to Amherst Residential.
• American Homes 4 Rent (AMH): Publicly traded single-family rental REIT with a vertically integrated development, acquisition, leasing, and property management platform. Closest peer to Amherst Residential given overlapping vertically integrated model and institutional capital base.
• Progress Residential: Major institutional SFR operator owned by Pretium Partners with ~80,000+ homes. Competes head-to-head with Amherst in Sun Belt acquisition markets and serves the same institutional investor base.
• Pretium Partners: Private equity and real estate investment manager focused on SFR housing; owner of Progress Residential and active acquirer of institutional SFR portfolios. Comparable business model: aggregating institutional capital into SFR exposure.
• Tricon Residential: Vertically integrated SFR operator (acquisition, renovation, leasing, property management) serving institutional investors across the U.S. and Canada; recently acquired by Blackstone. Comparable scale and institutional capital model to Amherst.

Broad incumbents

• Blackstone Real Estate: Largest global real estate PE platform; parent of Invitation Homes and Tricon, and dominant institutional acquirer of SFR. Comparable as a capital-allocator in U.S. SFR, but operates across all real estate asset classes and geographies.
• Starwood Capital Group: Major private real estate investment firm with deep SFR, multifamily, and CRE lending exposure. Comparable in deploying institutional capital into U.S. residential strategies and in proprietary data-driven underwriting.
• DigitalBridge (formerly Colony Capital): Alternative asset manager with legacy SFR and CRE lending exposure through Colony Capital. Comparable as a real estate-focused institutional capital manager, though more digital infrastructure-focused today.

Emerging players

• Roofstock: Online marketplace and asset manager for SFR investing, serving individual and institutional buyers. Comparable in enabling institutional capital exposure to SFR, though more of a marketplace/tech-enabled platform than a vertically integrated owner-operator.

Others

• JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm. Comparable as a capital markets and investment management intermediary in U.S. real estate, particularly relevant to Amherst's CRE lending and capital-raising activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/amherstholdings
• LinkedInlinkedin.com/company/amherst-holdings-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries7 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amherst Holdings