Private company

VINEBROOK HOMES TRUST, INC.

VINEBROOK HOMES TRUST, INC. is an American real estate investment trust based in Dallas.2

Last updated Oct 20, 2026.

Overview

  • IndustryReal Estate Investment Trusts2
  • HeadquartersDallas, United States2
  • Incorporated inMD3
  • Business address300 Crescent Court, Suite 700, Dallas, Tx 752013
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • Kind of organizationReal estate investment trust2
  • LEI5493007VIZSKYNAKUH782
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O THE CORPORATION TRUST INCORPORATED, 21093 Lutherville-Timonium, United States2
  • Registered withBusiness Services (Maryland Department of Assessments and Taxation), D189667472

See how the biggest companies compare on our leaderboards

VineBrook Homes Trust, Inc. was formed on July 16, 2018 as a Maryland corporation, and elected to be taxed as a REIT beginning with its taxable year ended December 31, 2018. Our mission is to provide our residents with affordable, safe, clean and functional homes with a high level of service through institutional-quality management. Our investment objectives are to acquire properties with cash flow growth potential, renovate and maintain our homes to deliver a high-quality resident experience, while providing quarterly cash distributions and seeking long-term capital appreciation for our stockholders. Our investment focus has historically been on the affordable and workforce segments of the housing industry, but we are not precluded from investing in homes in the higher-cost segments of the housing industry. In addition to this historical value-add strategy, we have begun to underwrite a…5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-52.1%Net margin6
2.3%Revenue growth, 20256

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs60¢$221.1M
  • Interest40¢$150.2M

Out of $371.3M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid89¢$34.5M
  • Share buybacks11¢$4.1M

Out of $12.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue789106$371.3M in 2025+610% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $52.3M$52.3M20192020: $76.5M$76.5M2020+46%2021: $156.9M$156.9M2021+105%2022: $269.3M$269.3M2022+72%2023: $351.1M$351.1M2023+30%2024: $362.8M$362.8M2024+3%2025: $371.3M$371.3M2025+2%
Net income789106-$193.3M in 2025+11671% since 2019
-$300.0M-$200.0M-$100.0M0$100.0M2019: -$1.6M-$1.6M20192020: -$1.7M-$1.7M2020+1%2021: $61.0K$61.0K20212022: -$49.7M-$49.7M20222023: -$280.1M-$280.1M2023+464%2024: -$194.4M-$194.4M2024−31%2025: -$193.3M-$193.3M2025−1%
Fiscal year2019202020212022202320242025
Revenue$52.3M7$76.5M8$156.9M9$269.3M10$351.1M6$362.8M6$371.3M6
Operating expenses$156.9M9$316.4M10$502.9M6$520.5M6$568.8M6
Interest$9.8M7$10.9M8$25.2M9$60.2M10$139.2M6$143.9M6$150.2M6
Net income-$1.6M7-$1.7M8$61.0K9-$49.7M10-$280.1M6-$194.4M6-$193.3M6
Earnings per share-$0.217-$0.308-$0.569-$1.5810-$8.946-$5.736-$6.046
Earnings per share (diluted)-$0.217-$0.308-$0.569-$1.5810-$8.946-$5.736-$6.046
Shares (weighted, basic)15.4M shares924.6M shares1024.7M shares625.3M shares625.7M shares6
Shares (weighted, diluted)15.4M shares924.6M shares1024.7M shares625.3M shares625.7M shares6

Compare VINEBROOK HOMES TRUST, INC. with another company

Corporate structure

VINEBROOK HOMES TRUST, INC. sits at the top of its group. 48 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of VINEBROOK HOMES TRUST, INC.

  • APC - VB Homes, LLC Filed SCHEDULE 13D on VINEBROOK HOMES TRUST, INC., latest Apr 4, 2025
  • VINEBROOK HOMES TRUST, INC. Dallas, Texas, United States
    • Huber Funding LLC Subsidiary · Delaware, United States
    • NexPoint Homes Trust, Inc. Subsidiary · Maryland, United States
    • NexPoint SFR 1 Holdings, LLC Subsidiary · Delaware, United States
    • NexPoint SFR 2 Holdings, LLC Subsidiary · Delaware, United States
    • NexPoint SFR 3 Holdings, LLC Subsidiary · Delaware, United States
    • NexPoint SFR Operating Partnership, L.P. Subsidiary · Delaware, United States
    • NexPoint SFR SPE 1, LLC Subsidiary · Delaware, United States
    • NexPoint SFR SPE 2, LLC Subsidiary · Delaware, United States
    • NexPoint SFR SPE 3, LLC Subsidiary · Delaware, United States
    • NREA VB I LLC Subsidiary · Delaware, United States
    • NREA VB II LLC Subsidiary · Delaware, United States
    • NREA VB III LLC Subsidiary · Delaware, United States
    • NREA VB IV LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor I LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor II LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor III LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor IV LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor V LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor VI LLC Subsidiary · Delaware, United States
    • NREA VB Pledgor VII LLC Subsidiary · Delaware, United States
    • NREA VB V LLC Subsidiary · Delaware, United States
    • NREA VB VI LLC Subsidiary · Delaware, United States
    • NREA VB VII LLC Subsidiary · Delaware, United States
    • VB Annex C Ohio LLC Subsidiary · Delaware, United States
    • VB Eight, LLC Subsidiary · Delaware, United States
    • and 22 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What VINEBROOK HOMES TRUST, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$518.7M6 Dec 31, 2025$527.4M6 Dec 31, 2024−1.6%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$2.8B6 Dec 31, 2025$2.9B6 Dec 31, 2024−3.6%
Real estate accumulated depreciation$463.5M6 Dec 31, 2025$374.0M6 Dec 31, 2024+24.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$95.0M6 Dec 31, 2025$40.7M6 Dec 31, 2024+133.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$20.5M6 Dec 31, 2025$20.5M6 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$10.4M6 Dec 31, 2025$5.8M6 Dec 31, 2024+79.7%

Properties, in its own words

Please refer to Item 1. “Business” of this Form 10-K for information concerning our properties.

Item 2 of the 10-K filed Mar 11, 2026.5

Leadership

Who has led VINEBROOK HOMES TRUST, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John A. Good2024

President

  1. James D. Dondero2021
2025
Board members and other officers (13)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Chief Financial Officer, Assistant Secretary and TreasurerPaul Richards named Sep 28, 202625

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Huber Funding LLC Delaware4
  • NREA VB I LLC Delaware4
  • NREA VB II LLC Delaware4
  • NREA VB III LLC Delaware4
  • NREA VB IV LLC Delaware4
  • NREA VB Pledgor I LLC Delaware4
  • NREA VB Pledgor II LLC Delaware4
  • NREA VB Pledgor III LLC Delaware4
  • NREA VB Pledgor IV LLC Delaware4
  • NREA VB Pledgor V LLC Delaware4
  • NREA VB Pledgor VI LLC Delaware4
  • NREA VB Pledgor VII LLC Delaware4
  • NREA VB V LLC Delaware4
  • NREA VB VI LLC Delaware4
  • NREA VB VII LLC Delaware4
  • NexPoint Homes Trust, Inc. Maryland4
  • NexPoint SFR 1 Holdings, LLC Delaware4
  • NexPoint SFR 2 Holdings, LLC Delaware4
  • NexPoint SFR 3 Holdings, LLC Delaware4
  • NexPoint SFR Operating Partnership, L.P. Delaware4
  • NexPoint SFR SPE 1, LLC Delaware4
  • NexPoint SFR SPE 2, LLC Delaware4
  • NexPoint SFR SPE 3, LLC Delaware4
  • VB Annex C Ohio LLC Delaware4
All 47 listed subsidiaries
  • VB Eight, LLC Delaware4
  • VB Eleven, LLC Delaware4
  • VB Five, LLC Delaware4
  • VB GP LLC Delaware4
  • VB Nine, LLC Delaware4
  • VB OP Holdings LLC Delaware4
  • VB One, LLC Delaware4
  • VB Six, LLC Delaware4
  • VB Ten, LLC Delaware4
  • VB Three Equity, LLC Delaware4
  • VB Three, LLC Delaware4
  • VB Two Equity, LLC Delaware4
  • VB Two, LLC Delaware4
  • VineBrook Annex B, L.P. Delaware4
  • VineBrook Annex I, L.P. Delaware4
  • VineBrook Homes Borrower 1, LLC Delaware4
  • VineBrook Homes Borrower 2, LLC Delaware4
  • VineBrook Homes OP GP, LLC Delaware4
  • VineBrook Homes Operating Partnership, L.P. Delaware4
  • VineBrook Homes, LLC Delaware4
  • VineBrook Partners II, L.P. Delaware4
  • VineBrook Partners, L.P. Delaware4
  • VineBrook Properties, LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 28, 20268-K Entered a material agreement; New debt or obligation26
  2. Jul 6, 20268-K Regulation FD disclosure27
  3. Mar 4, 20268-K Entered a material agreement; New debt or obligation28
  4. Oct 23, 20258-K Entered a material agreement; New debt or obligation29
  5. Sep 17, 20258-K Entered a material agreement; New debt or obligation30
  6. Aug 27, 20258-K Entered a material agreement31
  7. Aug 13, 20258-K Entered a material agreement; New debt or obligation32
  8. Jul 25, 20258-K Executive or director change; Other events33
  9. Jul 1, 20258-K Entered a material agreement; New debt or obligation; Other events34
  10. Jun 13, 20258-K Entered a material agreement; Exit or restructuring costs; Impairment35
  11. Mar 3, 20258-K Entered a material agreement; New debt or obligation36
  12. Dec 31, 20248-K Other events37
  13. Aug 29, 2024New chief executive John A. Good becomes CEO13
  14. Jul 16, 2018Founded VINEBROOK HOMES TRUST, INC. is founded2

Filings

232 filings to the SEC since October 2021: 6 annual reports, 17 quarterly reports, 46 major events, 121 insider forms, 1 large holders, 11 private raises, 30 other. The latest 20:

  1. Oct 7, 2026SC TO-I/A EDGAR
  2. Oct 6, 2026SC TO-I/A EDGAR
  3. Sep 28, 2026D/A EDGAR
  4. Sep 28, 2026D/A EDGAR
  5. Sep 28, 20268-K EDGAR
  6. Sep 28, 2026SC TO-I/A EDGAR
  7. Sep 22, 2026SC TO-I/A EDGAR
  8. Sep 4, 2026SC TO-I SCHEDULE TO-I EDGAR
  9. Aug 14, 202610-Q EDGAR
  10. Jul 6, 20268-K EDGAR
  11. May 8, 202610-Q EDGAR
  12. Apr 14, 20264 EDGAR
  13. Apr 14, 20264 EDGAR
  14. Apr 14, 20264 EDGAR
  15. Apr 14, 20264 EDGAR
  16. Apr 10, 2026DEFA14A EDGAR
  17. Apr 10, 2026ARS EDGAR
  18. Apr 10, 2026DEF 14A EDGAR
  19. Apr 6, 20264 EDGAR
  20. Apr 6, 20264 EDGAR

The 232 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 31, 2023DONDERO JAMES DDirectorBuy200,000$25.00$5.0MForm 4
Mar 31, 2022Mitts BrianDirectorBuy4,618$54.14$250.0KForm 4
Mar 1, 2022LAFFER ARTHUR BDirectorBuy7,388$54.14$400.0KForm 4
Nov 12, 2021LAFFER ARTHUR BDirectorBuy4,175$47.90$200.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Dana Sprong,$244.4K$16.2M39
2025Ryan McGarry$244.4K$16.2M39
2025Matt McGraner42$4.1M39
2025Paul Richards37$875.7K39
2025John Good68$650.5K39
2024Executive Vice PresidentChief Investment Officer and Secretary$3.7M39
2024Chief Financial OfficerAssistant Secretary and Treasurer$800.0K39
2024Former DirectorSenior Vice President of Acquisitions and Dispositions$550.0K39
2024Former Senior VicePresident of Asset Management$550.0K39

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jul 31, 2023Raised $63.7 million in a private offering of equity Form D: 425 investors so far Form D
  2. Dec 10, 2019Raised $78.6 million in a private offering of equity Form D: 49 investors so far Form D
  3. Dec 31, 2018Raised $133.4 million in a private offering of equity Form D: 4,890 investors so far Form D

SEC filer profile

How VINEBROOK HOMES TRUST, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVINEBROOK HOMES TRUST, INC.1
  • CIK0001755755
  • Employer ID (EIN)83-12688575
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inMaryland5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6798 Real Estate Investment Trusts1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address300 Crescent Court, Suite 700, Dallas, TX 752011
  • Phone214-276-63001
  • Shares outstanding26,195,174 as of Aug 11, 202612
  • Public float$0 as of Jun 30, 20256
  • AuditorKPMG LLP, Dallas, Texas, United States PCAOB ID 185; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceNov 13, 20181
  • Filings278 in all: 4 (114), 8-K (53), D/A (20), 10-Q (16), 3 (13), UPLOAD (10), CORRESP (8), 10-12G/A (5)1
    All 24 form types

    10-K (5), D (5), ARS (4), DEF 14A (4), SC TO-I/A (4), 3/A (3), 4/A (3), 10-Q/A (2), DEFA14A (2), 10-12G (1), 10-K/A (1), 8-K/A (1), NT 10-Q (1), S-8 (1), SC TO-I (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 11, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Apr 10, 2026
    Latest 8-K (8-K) Sep 28, 2026

Risk factors and legal proceedings

The risks VINEBROOK HOMES TRUST, INC. names in Item 1A of its 10-K filed Mar 11, 2026: 76 risks under these headings, as written.5

  • These disclosures reflect the Company’s beliefs and opinions as to factors that could materially and adversely affect the Company and its securities in the future. References to past events are provided by way of example only and are not intended to be a complete listing or a representation as to whether or not such factors have occurred in the past or their likelihood of occurring in the future.
  • Risks Related to Our Common Stock and Our Organizational Structure
  • We are dependent upon the retention of key personnel and the ability to attract qualified personnel.
  • Stockholders will have limited participation and communication in regard to our management or control.
  • There are restrictions on the transferability of our Common Stock, and therefore, our stockholders’ ability to dispose of Common Stock will likely be limited to repurchases by us.
  • The ability of stockholders to have Common Stock repurchased through the Amended and Restated Share Repurchase Plan is limited. We may choose to repurchase fewer shares of Common Stock than have been requested to be repurchased, in our Board’s sole discretion, and the amount of Common Stock we may repurchase is subject to caps. Further, our Board may modify, suspend or terminate the Amended and Restated Share Repurchase Plan if it deems such action to be in our best interest and the best interest of our stockholders.
  • The Board may amend or suspend the DRIP at any time in its discretion, including by decreasing the discount at which shares of Common Stock may be purchased through the DRIP.
  • The purchase price at which the shares of our Common Stock may be repurchased under the Amended Share Repurchase Plan is based on NAV as calculated in accordance with the Valuation Methodology, which is subject to certain risks and uncertainties and may be changed at any time in the sole discretion of our Board.
  • Calculations of Forward NOI and cap rates in each MSA may not necessarily correspond to realizable value. In addition, our Valuation Methodology and related policies may be changed at any time at the sole discretion of our Board.
  • Our NAV per share amounts may change materially if there is a change in the assumptions underlying the NAV calculation or a material event.
  • The form, timing and/or amount of dividend distributions on our Common Stock in future periods may vary and be impacted by economic and other considerations.
  • Reinvestments of distributions and repurchases of shares of our Common Stock are generally based on a prior period (month or quarter) end NAV per share and may not accurately reflect the current NAV per share.
The other 65 risks
  • NAV calculations are not governed by governmental or independent securities, financial or accounting rules or standards.
  • We may pay distributions from sources other than our cash flow from operations, including, without limitation, the sale of assets, borrowings or offering proceeds, and we have no limits on the amounts we may pay from such sources.
  • Disruptions in the financial markets and deteriorating economic conditions may adversely affect our operations and may limit our ability to execute our business strategy.
  • Stockholders have no assurance of investment returns.
  • Provisions providing for indemnification and limitation of liability in our charter and bylaws may limit investors’ rights of action.
  • Our bylaws designate the Circuit Court for Baltimore City, Maryland as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders and provide that claims relating to causes of action under the Securities Act may only be brought in federal district courts, which could limit stockholders' ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees and could discourage lawsuits against us and our directors, officers and employees.
  • Certain provisions of the MGCL may limit the ability of a third party to acquire control of us.
  • Our exemption from holding plan assets may have negative consequences.
  • Our Board may change significant corporate policies without stockholder approval.
  • Future issuances of debt securities and equity securities may negatively affect the value of our Common Stock and, in the case of equity securities, may be dilutive to owners of our Common Stock and could reduce the overall value of an investment in our Common Stock.
  • Risks Related to our Series A Preferred Stock and Series B Preferred Stock
  • Our charter permits our Board to issue stock with terms that may subordinate the rights of our common stockholders or discourage a third party from acquiring us in a manner that could otherwise result in a premium price to our stockholders.
  • The Series A Preferred Stock will bear a risk of early redemption by us.
  • Risks Related to Our Business and the Single-Family Rental and Built-to-Rent Housing Market
  • We may not be able to replicate the historical results achieved by other entities managed by or sponsored by affiliates of our Adviser, the Evergreen Manager or their affiliates.
  • We are employing a business model with a limited consolidated institutional track record, which may make our business difficult to evaluate.
  • A significant portion of our costs and expenses are fixed and we may not be able to adapt our cost structure to offset declines in our revenue.
  • Increasing property taxes, HOA fees and insurance costs may negatively affect our financial results.
  • Our Portfolio is concentrated in the single-family asset class; our Portfolio is also geographically concentrated, which could adversely affect operations if either the targeted markets or asset class suffers from a negative event.
  • If rents in our markets do not increase sufficiently to keep pace with rising costs of operations, our cash available for distribution will be adversely impacted.
  • Competitive pressures from rental homes, multifamily units and supply of affordably priced single-family rental homes in our target markets may have a material impact on our performance.
  • We intend to continue expanding our scale of operations and make acquisitions, which could adversely impact anticipated yields.
  • Acquiring properties during periods when the single-family home sector is experiencing substantial inflows of capital and intense competition may result in inflated purchase prices and increase the likelihood that our properties will not appreciate in value and may, instead, decrease in value.
  • The failure to manage acquisitions or to integrate them with our existing business could negatively affect our financial condition and results of operations.
  • We may engage in expedited transactions that increase the risk of loss.
  • Properties acquired as part of portfolios or in bulk may subject us to a variety of risks.
  • We may not be able to effectively control the timing and costs relating to the renovation of properties, which may adversely affect our operating results and our ability to make distributions.
  • We face significant competition in the leasing market for quality residents, which may limit our ability to lease our single-family homes on favorable terms.
  • Our real estate investments are illiquid, which limits our operational flexibility and may negatively affect our performance.
  • Our business objectives could be impeded by not being able to obtain additional capital.
  • A number of our properties are part of HOAs, and we and our residents are subject to the rules and regulations of such HOAs, which may be arbitrary or restrictive. Violations of such rules may subject us to additional fees, penalties and litigation with such HOAs which would be costly.
  • We rely on information supplied by prospective residents in managing our business.
  • Leasing fraud could adversely affect our business, financial condition, and results of operations.
  • We depend on our residents for substantially all of our revenues. Poor resident selection and defaults and nonrenewals by our residents may adversely affect our reputation, financial performance and ability to make distributions.
  • Our leases are relatively short-term, exposing us to the risk that we may have to re-lease our properties frequently, which we may be unable to do on attractive terms, on a timely basis or at all.
  • Many factors impact the performance of SFR homes and BTR communities, and if rents in our markets do not increase sufficiently to keep pace with rising costs of operations, our income and distributable cash could decline.
  • Our evaluation of acquisition properties involves a number of assumptions that may prove inaccurate, which could result in us paying too much for properties we acquire or our properties failing to perform as we expect.
  • Macroeconomic trends including inflation and high interest rates may adversely affect our financial condition and results of operations.
  • Changes in accounting rules and other policy or regulatory changes could occur at any time and could impact us in significantly negative ways that we are unable to predict or protect against.
  • We are highly dependent on information technology and security breaches or systems failures could significantly disrupt our business.
  • Breaches of our data security could materially harm our business and reputation.
  • Our business could be harmed if we are unable to effectively integrate and use artificial intelligence.
  • The SFR portfolios tend to be larger than portfolios in other property sectors and is a relatively new sector, which could limit the quality and availability of data and financial information available on large SFR portfolios we acquire.
  • We may be required to pay for state tax obligations.
  • As a result of our OP’s investments in NexPoint Homes, we have consolidated its revenue and any decrease in revenue of NexPoint Homes or increase in capital contributions required by NexPoint Homes may have a negative effect on our results of operations.
  • Risks Related to the Real Estate Industry
  • Our business has inherent general real estate risks.
  • Local market conditions may adversely affect our performance.
  • We may experience heightened risks of vacancies.
  • Risk of Pandemics or Other Health Crises.
  • Inability to renew leases as leases expire may impact our financial performance.
  • We may experience deferred maintenance costs.
  • We may not be able to obtain adequate insurance on all of our investments, resulting in the potential risk of excessively expensive premiums for insurance and/or uninsured losses.
  • Due diligence may not reveal all conditions.
  • Each of our real estate investments is subject to the effect of property taxes and assessments.
  • Compliance with governmental laws, regulations and covenants that are applicable to our properties or that may be passed in the future, including resident relief laws, rent control laws, permit, license and zoning requirements, may adversely affect our ability to make future acquisitions or renovations, adversely impact operations and revenue, result in significant costs or delays, and adversely affect our growth strategy.
  • Legal demands, litigation (including class actions), congressional inquiries, negative publicity by resident and consumer rights organizations or changes in laws and regulations could directly limit and constrain our operations and may result in significant litigation expenses and reputational harm.
  • Environmental hazards outside of our control and the cost of complying with governmental laws and regulations regarding these hazards may adversely affect our operations and performance.
  • We are subject to risks from natural disasters such as severe weather.
  • Eminent domain could lead to material losses on our investments in our properties.
  • Contingent or unknown liabilities could adversely affect our financial condition.
  • Our dependence upon third parties for key services may have an adverse effect on our operating results or reputation if the third parties fail to perform.
  • We may obtain only limited warranties when we purchase a property and would have only limited recourse in the event due diligence did not identify any issues that lower the value of the property.
  • The costs of complying with new and existing laws and regulations may adversely affect the values of our properties or affect our ability to attract and retain residents.
  • We may be unable to find buyers for our properties on a timely basis or at desirable sales prices in accordance with our business plans.
  • Risks Associated with Debt Financing
  • General debt financing risks related to the use of leverage in connection with executing our business strategy may result in increased risk for investors.
  • Currently, financing for investments in single-family homes is generally available, but there can be no guarantee that sufficient financing will be available to us in the future.

Legal proceedings

From time to time, we are party to legal proceedings that arise in the ordinary course of our business. Management is not aware of any legal proceedings of which the outcome is reasonably likely to have a material adverse effect on our results of operations or financial condition, nor are we aware of any such legal proceedings contemplated by government agencies.

The opening of Item 3, Legal Proceedings.5

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
    SEC EDGAROther events
  38. 38
  39. 39