EDITOR’S NOTE: This story has been changed to reflect that the founder of American Homes 4 Rent is B. Wayne Hughes, not his son, B. Wayne Hughes, Jr.

American Homes 4 Rent said in a new regulatory filing that it now hopes to raise up to $1.25 billion in its initial public offering, potentially the largest debut among a growing number of home-rental firms.

Led by billionaire B. Wayne Hughes, the founder of Public Storage Inc., American Homes 4 Rent first announced the offering in March and made the updated filing Tuesday. It operates as a real estate investment trust, and owns 14,210 single-family homes in 20 states, with another 1,425 homes in escrow.

American Homes is now based in Malibu, but will relocate later this month to 42,267 square feet of space in Agoura Hills as part of the expansion of operations to be funded by the public offering.

The company is among a growing list of institutional landlords of single-family residential homes, and the latest in a string of public offerings. Silver Bay Realty Trust Corp. of Minnetonka, Minn. raised $245 million in December and American Residential Properties Inc. of Scottsdale, Ariz. raised $288 million in early May.

Another residential real estate investment company, Colony American Homes Inc., which is by L.A. billionaire Thomas Barrack Jr.’s Colony Capital, had planned to price its offering today but postponed due to the current market volatility.

Silver Bay’s shares have dropped 3.7 percent since its IPO, and American Residential stocks have fallen 8.6 percent, leading to some analyst concern over the business model.

American Homes did not disclose the number of shares or the offering price in Tuesday’s filing, but said it plans to list on the New York Stock Exchange under the ticker symbol AMH. Goldman Sachs, Bank of America Corp., Wells Fargo & Co. and JPMorgan Chase & Co. are managing the offering.

The company, which had $1.7 billion in assets as of March 31, reported a loss of $10.2 million in 2012.