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CALABASAS, Calif., April 13, 2021 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH), a leading provider of high-quality single-family homes for rent, announced today that it recently closed on 94 acres in northeast St. Cloud, Fla., and plans to develop a new community named Pine Grove that will feature 279 single-family homes for lease with extensive community amenities.
This marks the fourth significant land transaction by AH4R in the Orlando market in recent months. When combined with other recent purchases in Apopka, Mascotte and St. Cloud, AH4R has added more than 600 lots to its new development pipeline in the Orlando market.