The addition of 1,900 homes to its portfolio and success on the leasing front is driving the revenue surge at Starwood Waypoint, said the company's Co-CEO Gary Beasley. Beasley added that the company is looking to acquire more single family homes, especially in hot markets like Florida and Texas. He also said the company is continuing to buy more non-performing loans after adding $117 million worth of troubled mortgages in the second quarter. Finally, Beasley said the company is benefiting from the increased renting of homes by the millennial generation.