Amherst Capital Management, LLC, a BNY Mellon investment boutique specializing in U.S. real estate, today released a new paper, “U.S. Single Family Rental—Institutional Activity in 2016/2017,” which finds that institutional ownership of single-family rental (SFR) homes surpassed 200,000 homes in 2016,2 as institutional investors continue to capture a growing share of the SFR market. According to Amherst Capital data, total institutional investment in SFR homes reached $33 billion at the end of 2016.