All Brands Owned by Resident Home LLC

What is Resident Home?
Resident Home LLC is a direct-to-consumer sleep products company that operates a portfolio of mattress brands including Nectar, DreamCloud, Awara, and Siena. The company was founded in 2019 and is headquartered in New York, New York. In March 2024, Ashley Home acquired Resident Home for approximately $1 billion.

Who owns Resident Home?
Resident Home is owned by Ashley Home, an affiliate of Ashley Global Retail. Ashley acquired Resident Home in March 2024 for approximately $1 billion. Ashley is one of the largest furniture retailers in the world, operating over 1,125 stores across 67 countries. Before the Ashley acquisition, Resident Home was majority-owned by Sixth Street Partners.

What brands does Resident Home own?
Resident Home operates four mattress brands: Nectar (value memory foam), DreamCloud (hybrid), Awara (organic latex), and Siena (budget). Each brand targets a different price point and consumer segment but shares the same corporate infrastructure, including customer service and logistics.

Is Resident Home publicly traded?
No, Resident Home is not publicly traded. The company is a subsidiary of Ashley Home, an affiliate of Ashley Global Retail, which is privately held. Neither Resident Home nor Ashley Global Retail discloses financial results publicly.

What is the FTC case against Resident Home?
The FTC charged Resident Home and its founder, Ran Reske, with falsely advertising that mattresses made in China were "Made in USA." In January 2022, the company paid $753,000 to settle the charges. The FTC designated Resident Home a repeat offender, noting similar false claims made between 2018 and 2023. Consumer refunds were issued in March 2023.

What is the fiberglass lawsuit about?
A federal court preliminarily approved a $9 million class-action settlement in 2026 covering Nectar, DreamCloud, Ashley, and Siena mattresses sold between October 2017 and June 2024. The lawsuit alleged that fiberglass fire barriers in certain models caused property contamination and health issues. The claim deadline is July 17, 2026.

How much did Ashley pay for Resident Home?
Ashley Home acquired Resident Home in March 2024 for approximately $1 billion. The acquisition was described at the time as the most successful direct-to-consumer mattress exit in history. The founders of Resident Home stayed on as co-CEOs following the acquisition.

Where are Resident Home mattresses manufactured?
Resident Home's mattresses are manufactured in multiple countries, including China, Vietnam, Malaysia, Mexico, and the United States. The company's use of overseas manufacturing has been a source of regulatory controversy, particularly the FTC's enforcement action over false "Made in USA" claims.