Colony Files to Raise $100 Million in Home Rental IPO

Thomas Barrack Jr.’s Colony American Homes Inc., which has bought more than 8,000 U.S. single-family rental houses since starting last year, filed to raise as much as $100 million in a U.S. initial public offering.

The company, based in Scottsdale, Arizona, didn’t disclose the number of shares or an offering price in its regulatory filing yesterday. The offering size is a placeholder amount used to calculate registration fees and may change.