2011 NMHC 50
50 Largest U.S. Apartment Managers as of January 1, 2011

Manager Rank 2011	Manager Rank 2010	Company Name	Units Managed 2011	Units Managed 2010	Corporate Officer	HQ City	HQ State
1	3	Greystar Real Estate Partners, LLC	187,360	153,819	Robert A. Faith	Charleston	SC
2	2	Riverstone Residential Group	162,182	178,431	Walt Smith	Dallas	TX
3	1	Pinnacle Family of Companies	151,367	183,877	Stan Harrelson	Dallas	TX
4	5	Lincoln Property Company	133,425	132,881	Tim Byrne	Dallas	TX
5	4	Equity Residential	129,604	136,843	David J. Neithercut	Chicago	IL
6	6	AIMCO	117,119	129,715	Terry Considine	Denver	CO
7	8	WinnCompanies	84,817	73,302	Samuel Ross	Boston	MA
8	7	Archstone	81,613	83,085	R. Scot Sellers	Englewood	CO
9	9	Camden Property Trust	63,498	63,506	Richard J. Campo	Houston	TX
10	10	Bell Partners Inc.	60,182	60,422	Steven D. Bell and Jonathan D. Bell	Greensboro	NC
11	11	FPI Management, Inc.	58,604	56,952	Dennis Treadaway	Folsom	CA
12	14	UDR, Inc.	58,340	50,493	Thomas W. Toomey	Highlands Ranch	CO
13	13	Edward Rose & Sons	56,025	55,958	Warren Rose	Farmington Hills	MI
14	16	AvalonBay Communities, Inc.	52,490	48,924	Bryce Blair	Arlington	VA
15	15	Alliance Residential Company	48,520	49,488	Bruce Ward	Phoenix	AZ
16	18	The ConAm Group of Companies	47,400	46,100	Brad Forrester	San Diego	CA
17	12	Fairfield Residential LLC	46,851	53,641	Chris Hashioka	San Diego	CA
18	20	MAA	46,306	43,604	H. Eric Bolton, Jr.	Memphis	TN
19	23	Milestone Management, L.P.	45,896	36,408	Steve Lamberti	Dallas	TX
20	17	Westdale Real Estate Investment & Management	44,765	46,682	Joseph G. Beard	Dallas	TX
21	19	Picerne Real Estate Group	44,588	44,927	David R. Picerne	Phoenix	AZ
22	30	JRK Property Holdings, Inc.	41,900	39,400	Jim Lippman	Los Angeles	CA
23	21	BH Management Services, Inc.	41,641	41,366	Nicholas H. Roby	Des Moines	IA
24	43	The Laramar Group, LLC	40,521	29,508	David B. Woodward	Denver	CO
25	26	Village Green	40,000	35,000	Jonathan Holtzman	Detroit	MI
26	24	Michaels Development Company	39,575	38,236	Robert J. Greer	Marlton	NJ
27	29	Home Properties, Inc.	38,861	36,947	Edward J. Pettinella	Rochester	NY
28	28	Irvine Company Apartment Communities	38,220	37,193	Kevin Baldridge	Irvine	CA
29	25	Gables Residential	38,105	37,842	David D. Fitch	Atlanta	GA
30	27	Capstone Real Estate Services, Inc.	36,884	37,675	James W. Berkey	Austin	TX
31		Multifamily Management Services	35,800	35,000	Jeffrey Goldstein	Suffern	NY
32	31	Sentinel Real Estate Corporation	35,000	35,709	John H. Streicker	New York	NY
33	22	Empire American Holdings, LLC	34,939	40,776	Eli Feller	Montvale	NJ
34	38	Asset Plus Companies	34,887	31,081	Michael S. McGrath	Houston	TX
35	37	Lindsey Management Co., Inc.	34,440	33,645	James E. Lindsey	Fayetteville	AR
36	35	The Related Companies	34,439	33,155	Jeff Blau	New York	NY
37	32	Forest City Residential Group, Inc.	34,096	34,658	Ronald A. Ratner	Cleveland	OH
38	45	McKinley, Inc.	33,922	28,358	Albert M. Berriz	Ann Arbor	MI
39	33	Colonial Properties Trust	33,911	34,230	Thomas H. Lowder	Birmingham	AL
40	34	The Lynd Company	32,875	33,471	A. David Lynd	San Antonio	TX
41	36	Concord Management Limited	32,313	32,022	Edward O. Wood, Jr.	Maitland	FL
42		CAPREIT, Inc.	31,000	14,820	Dick Kadish	Rockville	MD
43	44	American Campus Communities, Inc.	30,877	29,342	Bill Bayless	Austin	TX
44	39	Morgan Properties	30,625	30,627	Mitchell L. Morgan	King of Prussia	PA
45	41	The John Stewart Company	30,534	29,989	Jack D. Gardner	San Francisco	CA
46	49	Essex Property Trust, Inc.	30,317	27,218	Michael Schall	Palo Alto	CA
47	40	The Bozzuto Group	30,004	30,157	Thomas S. Bozzuto	Greenbelt	MD
48	46	LEDIC Management Group, LLC	29,142	28,348	Scott P. "Pierce" Ledbetter, Jr.	Memphis	TN
49	48	Ginkgo Residential, LLC	29,029	27,798	Philip S. Payne	Charlotte	NC
50	47	Berkshire Property Advisors	28,085	27,806	Frank Apeseche	Boston	MA

2011 NMHC 50 50 Largest U.S. Apartment Managers as of January 1, 2011

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2011 NMHC 50
50 Largest U.S. Apartment Managers as of January 1, 2011