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Top 50 Apartment Owners (Rankings)

2010 NMHC 50
50 Largest U.S. Apartment Owners as of January 1, 2010

2010 Owner Rank

2009 Owner Rank

Company Name

Headquarters

Corporate Officer

2010 Units Owned

2009 Units Owned

1 2 Boston Capital Boston, MA Jack Manning 162,677 171,267
2 4 SunAmerica Affordable Housing Partners, Inc. Los Angeles, CA Michael L. Fowler 147,087 152,315
3 5 Equity Residential Chicago, IL David J. Neithercut 136,843 148,115
4 3 AIMCO Denver, CO Terry Considine 133,200 158,950
5 11 PNC Tax Credit Capital Portland, OR Lisa Williams 128,727 126,089
6 6 National Equity Fund, Inc. Chicago, IL Joseph Hagan 101,226 100,536
7 7 Enterprise Community Investment, Inc. Columbia, MD Charles R. Werhane 96,395 94,676
8 8 The Richman Group Affordable Housing Corporation Greenwich, CT Richard Paul Richman 90,346 85,197
9 9 Archstone Englewood, CO R. Scot Sellers 83,085 83,871
10 10 Pinnacle Family of Companies Seattle, WA Stan Harrelson 68,017 78,848
11 13 Camden Property Trust Houston, TX  Richard J. Campo 63,286 62,421
12 15 Alliant Capital, Ltd. Woodland Hills, CA Shawn Horwitz 60,258 57,839
13 16 Edward Rose & Sons Farmington Hills, MI  Warren Rose 55,925 55,052
14 14 BlackRock Realty Inc. Florham Park, NJ Dale Gruen 55,144 59,665
15 20 UDR, Inc. Highlands Ranch, CO Thomas W. Toomey 51,509 51,062
16 17 Fairfield Residential LLC San Diego, CA Chris Hashioka 51,196 54,978
17 18 WNC & Associates, Inc. Irvine, CA Wilfred N Cooper, Jr. 50,332 49,778
18 19 AvalonBay Communities, Inc. Alexandria, VA Bryce Blair 48,924 48,338
19 22 Forest City Residential Group, Inc. Cleveland, OH Ronald A. Ratner 47,633 45,365
20 newcomer Invesco Real Estate Dallas, TX Michael Kirby 47,340 46,550
21 21 Lincoln Property Company Dallas, TX Tim Byrne 46,347 47,379
22 27 Michaels Development Company Marlton, NJ Robert J. Greer 44,916 43,325
23 newcomer Raymond James Tax Credit Funds, Inc. St. Petersburg, FL Ronald Diner 43,945 44,128
24 24 Mid-America Apartment Communities, Inc. Memphis, TN H. Eric Bolton, Jr.  43,604 42,554
25 26 Bell Partners, Inc. Greensboro, NC Steven D. Bell 43,160 41,405
26 newcomer Irvine Company Apartment Communities Irvine, CA Kevin Baldridge 42,764 41,914
27 newcomer Crow Holdings Dallas, TX Bob McClain 42,712 43,627
28 23 DRA Advisors LLC New York, NY David Luski 41,908 43,440
29 29 Picerne Real Estate Group Phoenix, AZ David R. Picerne 41,058 38,777
30 28 Empire American Holdings, LLC Montvale, NJ Eli Feller 40,776 40,776
31 32 JRK Property Holdings, Inc. Los Angeles, CA Jim Lippman 38,600 37,079
32 31 Home Properties, Inc. Rochester, NY Edward J. Pettinella 35,797 37,130
33 30 Sentinel Real Estate Corporation New York, NY John H. Streicker 35,709 37,461
34 35 The Related Companies New York, NY Jeff Blau 35,578 32,791
35 25 CNC Investments, Ltd. Houston, TX Charlie Yalamanchili 32,721 42,485
36 newcomer Concord Management, Ltd. Maitland, FL Edward O. Wood, Jr. 32,022 31,489
37 36 Colonial Properties Trust Birmingham, AL Thomas H. Lowder 31,941 32,237
38 39 Westdale Real Estate Investment & Management Dallas, TX Joseph G. Beard 31,632 30,620
39 41 Lindsey Management Co., Inc. Fayetteville, AR James E. Lindsey 31,485 29,091
40 33 The Bascom Group, LLC Irvine, CA Jerome Fink 30,756 35,674
41 38 Morgan Properties King of Prussia, PA Mitchell L. Morgan 30,627 30,627
42 newcomer AEW Capital Management, L.P. Boston, MA Jeffrey Furber 28,650 28,814
43 40 UBS Realty Investors LLC Hartford, CT Matthew Lynch 28,433 30,539
44 34 BH Equities LLC Des Moines, IA  Harry Bookey 28,165 33,209
45 42 BBR Management, LLC Charlotte, NC Philip S. Payne 27,798 27,816
46 44 Berkshire Property Advisors Boston, MA Frank Apeseche 27,537 26,525
47 43 Essex Property Trust, Inc. Palo Alto, CA Michael Schall 27,411 26,868
48 46 BRE Properties, Inc. San Francisco, CA Constance B. Moore 25,325 25,276
49 45 Madison Apartment Group, L.P. Philadelphia, PA Joseph F. Mullen 24,916 25,280
50 48 Southern Management Corporation Vienna, VA David H. Hillman 23,730 23,730

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