Progress Residential

Progress Residential Overview

What is Progress Residential?

Progress Residential is one of the largest single-family rental home providers in the United States, boasting over 85,000 homes in 30 of the nation’s fastest-growing metropolitan areas. The company was founded in 2012 and distinguishes itself by modernizing the home leasing industry with forward-thinking rental policies and strategic technology use. Progress Residential places a strong emphasis on quality service, offering residents a sense of safety, security, and stability in their homes. The company is also known for its pet-friendly policies, welcoming all dog breeds without a limit on the number of pets, subject to HOA guidelines.

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Progress Residential Products

Progress Residential specializes in providing over 85,000 high-quality, single-family rental homes across 30 of the fastest-growing metropolitan areas in the United States. The company utilizes a modern approach to leasing, offering customer-focused rental policies, advanced technology for ease of leasing, and notably pet-friendly practices, accommodating all dog breeds and multiple pets per home.

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Who Owns Progress Residential?

Progress Residential is owned by Pretium, a specialized investment management firm focused on real estate, mortgage finance, and corporate credit. Pretium is the controlling owner and manager of Progress Residential, in which this ownership structure allows Progress Residential to benefit from Pretium’s extensive experience and resources in the real estate and investment sectors.

How Many Homes Does Progress Residential Own?

Invitation Homes owns approximately 85,000 homes as of 2024. This is across 30 of the fastest growing metro areas in the United States.

Rental Real Estate Industry Companies