Silver Bay Realty Trust Corp.

 
 

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Growth: 1,271.5%
2012 revenue: $3,616,000
2013 revenue: $49,593,000
NASDAQ: SBY

www.silverbayrealtytrustcorp.com

Another single-family rental specialist, Silver Bay went public just ahead of Christmas 2012. And like other SFR rental plays populating this year’s HW Fast50, the company has seen its revenues soar as its subsidiary, Silver Bay Property Corp., acquires properties to rent. The company manages properties in 14 key U.S. markets, including Atlanta, Phoenix, Orlando, Las Vegas, Dallas and others.

NOTABLE
The company’s model has been changing as it’s grown, replacing third-party property management vendors with the company’s own in-house property management. The company says 65% of its properties are now managed via internal property management teams.