What VineBrook Homes does

VineBrook Homes is an internally managed single-family rental (SFR) real estate company founded in 2007 and headquartered in Dayton, Ohio. The company acquires, renovates, and leases single-family homes across 23 markets in 18 U.S. states, with a deliberate focus on secondary Midwestern, Heartland, and Southern metros (Cincinnati, Dayton, Columbus, Indianapolis, Atlanta, Memphis, Birmingham, Little Rock, and others). Its resident base consists of individual households and families seeking affordable rental housing; the company serves this segment through digital self-service channels and structured support programs.

The operating model is asset-heavy and revenue-recurring: VineBrook generates income through monthly residential rent (due on the 1st of each month), with supplemental streams from pet fees, lease addendums, and month-to-month tenancy premiums after initial lease terms. Resident services are delivered through a digital stack built on Yardi Systems' infrastructure—comprising the VineBrook Homes Resident mobile app (iOS and Android), the SecureCafe-based Resident Portal for rent payments and AutoPay, an online service request portal with defined response SLAs (1-2 business days for emergencies, 3-10 days for non-emergencies), and an SMS/MMS messaging system capped at 20 messages per month. Proprietary resident support programs include the Hardship Relief Program (for eligible residents facing financial difficulty) and a partnership with Operation HOPE providing free financial coaching via dedicated HOPE Coaches covering credit, debt, savings, and pathways to homeownership.

Since September 2024, VineBrook has been transitioning all property management operations to Evergreen Live (Evergreen Residential Management LLC, Dallas, TX) in phased rollouts across markets, with Evergreen now handling resident services, rent collection, and property operations company-wide. The corporate entity operates as VineBrook Homes LLC, with a publicly reporting parent, VineBrook Homes Trust, Inc., that convenes annual stockholder meetings. Investor relations is handled through [email protected] and [email protected], and the company has received capital from NexPoint Real Estate Finance ($20M in May 2026), Access Private Capital ($11.5M in February 2019), and an earlier $25M round in 2015.

Name

VineBrook Homes

Legal name

VineBrook Homes LLC

Website

https://vinebrookhomes.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

501–1,000 employees

Short description

VineBrook Homes is a Dayton, Ohio-based single-family rental operator founded in 2007 that acquires, renovates, and leases affordable homes across 23 markets in 18 U.S. states, serving individual residents and families through a Yardi-powered digital platform and resident support programs.

Ownership category

akta.pro rank

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Single-Family Residential Rent: VineBrook Homes generates revenue through monthly rental payments from tenants in single-family homes. Rent is due on the 1st of each month and considered late after the 2nd. The company offers a Hardship Relief Program for eligible residents experiencing financial difficulties.
2. Pet Fees and Addendums: Additional revenue from pet-related fees and pet addendum agreements. Maximum of 2 pets allowed per property with management approval.
3. Month-to-Month Rental Premium: Residents may transition to month-to-month tenancy after lease ends at an added cost as outlined in their lease agreement.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

VineBrook Homes acquires, renovates, and leases single-family homes to residents across 23 markets in 18 U.S. states, primarily in the Midwestern, Heartland, and Southern regions. Residents locate and apply for homes through the company's website and Resident Portal, pay monthly rent, and submit maintenance requests digitally. Property management operations have been transitioning to Evergreen Live across all markets since 2024.

Product overview

VineBrook Homes operates as a single-family rental housing provider offering a portfolio of residential properties across 23 markets in 18 states. The company's product ecosystem includes the core rental housing service supported by a resident-facing technology stack consisting of the VineBrook Homes Resident mobile app (developed by Yardi Systems Inc.) and a web-based Resident Portal for rent payments, maintenance requests, lease management, and account services. Additional resident support offerings include the Hardship Relief Program for financial hardship assistance and Operation HOPE Financial Coaching for financial wellness support. Property management services are transitioning to Evergreen Live across all markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Single-Family Rental Homes
• VineBrook Homes Resident App
• VineBrook Resident Portal
• Hardship Relief Program
• Operation HOPE Financial Coaching

Quantifiable outcome

• 23 markets across 18 states
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Evergreen Live (Evergreen Residential Management LLC)coreChannel Partner/ Reseller/ Distributor · 17 September 2025VineBrook Homes transitioned property management to Evergreen Live (Evergreen Residential Management LLC) across all 23 markets. Evergreen handles all resident services, rent payments, and property management activities. The transition began in September 2025, with different markets transitioning on different dates (July 18, September 17, October 22, 2025). Evergreen's address is 1999 Bryan St., Ste. 1300, Dallas, TX 75201.
• Operation HOPEcoreStrategic or Co-development PartnerVineBrook Homes partners with Operation HOPE to provide free financial coaching programs to residents. Two dedicated HOPE Coaches offer personalized coaching sessions to help residents improve money management, set financial goals, build credit, reduce debt, increase savings, and develop action plans for financial independence including steps toward homeownership.
• Yardi Systems Inc.coreTechnology or IntegrationYardi Systems Inc. developed the VineBrook Homes Resident mobile application, which enables residents to submit one-time rent payments, set up monthly automatic payments, and receive announcements. The app is available on iOS and Android app stores.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Invitation Homes: Largest publicly traded single-family rental (SFR) REIT in the U.S. Directly comparable to VineBrook as a scaled institutional owner/operator of single-family rental homes across multiple Sun Belt and Heartland markets.
• American Homes 4 Rent (AMH): Public SFR REIT with a portfolio of more than 60,000 single-family homes across the Sun Belt and Midwest. Closely mirrors VineBrook's institutional SFR business model with a focus on rental, maintenance, and resident services.
• Progress Residential: One of the largest privately held SFR operators in the U.S., backed by Pretium Partners. Directly comparable as a single-family rental owner-operator offering similar resident-facing digital services and standardized home rentals.
• Tricon Residential: Major institutional SFR operator (now owned by Blackstone). Comparable to VineBrook in its focus on single-family rental homes leased to working families, with a similar tech-enabled resident services approach.
• FirstKey Homes: Large SFR operator owned by Cerberus Capital Management, leasing single-family homes across multiple U.S. markets. Directly comparable in scale, target renter demographic, and multi-market operating model.
• Amherst Holdings: Residential real estate investment platform with a significant single-family rental portfolio. Comparable to VineBrook as an institutional SFR acquirer and operator with a focus on scale and operating efficiency.

Broad incumbents

• Pretium Partners: Specialized investment firm focused on U.S. residential housing, owning Progress Residential. Comparable to VineBrook's parent/sponsor ecosystem as a major institutional capital source in the SFR space.
• NexPoint (NexPoint Asset Management): Diversified alternative investment firm with a real estate finance arm (NexPoint Real Estate Finance) that has directly funded VineBrook. Relevant as a capital and strategic partner comparable in mission to VineBrook's institutional ownership.

Emerging players

• Front Yard Residential (now part of Pretium): Was a publicly traded SFR REIT that acquired single-family rental assets; provides a historical peer reference for VineBrook's strategic options as an institutional SFR platform.

Others

• Roofstock: Online marketplace and services platform for single-family rental investing. Comparable to VineBrook as an ecosystem enabler for the institutional SFR category, providing acquisition, management, and disposition services to SFR operators and investors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors2 records

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

M&A

Investments

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

Frequently asked questions about VineBrook Homes