Exhibit 99.1
AMERICAN RESIDENTIAL PROPERTIES, INC. REPORTS
FOURTH QUARTER AND FULL YEAR 2014 FINANCIAL RESULTS
SCOTTSDALE, AZ, March 11, 2015 — American Residential Properties, Inc. (NYSE: ARPI) (the “Company”) reported today results for the quarter and full year ended December 31, 2014.
Fourth Quarter 2014 Highlights
Increased revenue by 7% to $25 million compared to the prior quarter.
Invested $112 million to acquire 688 single-family homes, an 8% increase in homes owned compared to the prior quarter, bringing total investment in real estate to $1.3 billion.
Increased the number of leased properties by 463 properties, or 7%, compared to the prior quarter.
Continued strong occupancy of 92% on stabilized properties and 81% on the total portfolio.
Raised rents by an average of 4.2% on renewals.
Achieved 72% retention on renewals.
Owned $21 million in short-term private mortgage loans with a weighted-average interest rate of 11.9%.
Core FFO attributable to common stockholders was $2.8 million, or $0.09 per diluted share.
FFO attributable to common stockholders was $1.2 million, or $0.04 per diluted share.

Full Year 2014 Highlights
Invested $457 million to acquire 2,839 single-family homes.
Grew the portfolio 46% to 8,893 single-family homes located in 13 states.
Increased revenue by 129% to $87 million compared to the prior year.
Core FFO attributable to common stockholders was $12.4 million, or $0.38 per diluted share.
FFO attributable to common stockholders was $8.5 million, or $0.26 per diluted share.
Ratio of total debt to total gross assets was 54% as of year-end.
Raised $341 million in gross proceeds, with an effective weighted average of the fixed-rate spreads of LIBOR plus 2.11%, through the securitization of a portfolio of 2,876 single-family homes.

“2014 was another year of strong performance for American Residential Properties,” said Stephen G. Schmitz, Chairman and Chief Executive Officer.  “We more than doubled our revenue to $87 million and delivered core FFO attributable to common stockholders of $12 million, a 143% increase from last year. For the full year, we increased our portfolio by 46% over 2013, deploying $457 million to acquire over 2,800 single family homes bringing our portfolio to 8,893 homes for a total investment of $1.3 billion. We have curtailed our acquisition activity and during 2015, we are focusing on refining our operating platform, including further regionalization of certain operating functions to advance efficiencies, driving revenue growth by aggressively managing rents and retention plus selectively selling non-core properties to create value for our shareholders."

1

The following information was filed by American Residential Properties, Inc. (ARPI) on Wednesday, March 11, 2015 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-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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