Exhibit 99.1
SCOTTSDALE, AZ, August 13, 2014 — American Residential Properties, Inc. (NYSE: ARPI) (the “Company”) today reported its results for the quarter ended June 30, 2014.
Second Quarter 2014 Highlights
19% increase in total revenue to $20.8 million compared to the prior quarter.
Acquired 443 single-family homes.
9% increase in the aggregate investment deploying $80.5 million to acquire and restore single-family homes.
7% increase in the number of homes owned compared to the prior quarter, bringing total portfolio to 7,205.
16% increase in the number of leased properties, or 884 properties, compared to the prior quarter.
Achieved an occupancy rate of 89% on the total portfolio and 95% on stabilized properties.
Increased rents by an average of 3.1% on renewals.
Owned $27 million in short-term private mortgage loans with a weighted-average interest rate of 11.8%.
Core FFO attributable to common stockholders was $3.6 million, or $0.11 per diluted share.
FFO attributable to common stockholders was $2.9 million, or $0.09 per diluted share.
Amended our revolving credit facility, increasing the maximum borrowing capacity to $500 million, with an accordion feature that permits increasing capacity to $750 million.

“Our second quarter performance demonstrated substantial progress on several fronts,” said Stephen G. Schmitz, Chairman and Chief Executive Officer of American Residential Properties, Inc. “From a leasing standpoint, the occupancy rate on our total portfolio of 7,205 homes grew to 89 percent, a 10 percent increase over the first quarter. Occupancy for our stabilized properties grew to 95 percent over the same period. As to earnings, we generated double digit core FFO of $0.11 per share on revenue of $20.8 million, which is up 19 percent from the first quarter. Further, on June 27, we expanded our credit facility for the third time since our IPO to $500 million with an accordion of $750 million, and, on August 6, announced the planned launch of a securitization transaction.

“An improving economy and new household formation are driving increased single family rental demand. These factors, combined with our financing flexibility, position American Residential Properties for continued positive momentum going forward,” said Mr. Schmitz.

The following information was filed by American Residential Properties, Inc. (ARPI) on Wednesday, August 13, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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