Texas-based Amherst Residential has been betting big on the single-family rental market, scooping up millions of dollars’ worth of properties across the U.S. to build a portfolio of more than 23,000 homes. In 2017, Amherst – one of the country’s largest single-family landlords – bought $78 million worth of properties primarily located in Atlanta in Southeast Florida. Now, that deal looks like chump change compared with Amherst’s latest $404.1 million acquisition of 2,400 properties located in multiple states that was closed in a series of transactions that began in October 2018. The company said the latest deal brings its services to Salt Lake City, Las Vegas, Seattle and Denver, upping its footprint to 29 markets.