Top 50 Apartment Managers (Rankings)
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2009 NMHC 50
50 Largest U.S. Apartment Managers as of January 1, 2009

Current Rank Previous Rank Company Headquarters Corporate Officer Current Units Previous Units
1 2 Pinnacle Seattle, WA Stan Harrelson 185,219 165,322
2 3 Riverstone Residential, A CAS Partners Company Dallas, TX Christy Freeland, Terry Danner 181,928 155,235
3 1 Aimco Denver, CO Terry Considine 154,987 195,888
4 4 Equity Residential Chicago, IL David J. Neithercut 148,115 154,152
5 6 Greystar Real Estate Partners, LLC Charleston, SC Robert A. Faith 140,000 93,954
6 5 Lincoln Property Company Dallas, TX Tim Byrne 130,265 132,432
7 7 Archstone Englewood, CO R. Scot Sellers 83,871 87,667
8 9 WinnCompanies Boston, MA Samuel Ross 75,353 69,867
9 11 Camden Property Trust Houston, TX Ric Campo 62,641 62,558
10 32 Bell Partners Greensboro, NC Steven D. Bell 61,663 34,684
11 13 Fairfield Residential Company LLC San Diego, CA Kim Bender 60,265 59,479
12 18 FPI Management Folsom, CA Dennis Treadaway 53,671 46,588
13 15 Edward Rose & Sons Farmington Hills, MI Warren Rose 52,794 51,845
14 14 AvalonBay Communities, Inc. Alexandria, VA Bryce Blair 49,730 54,687
15 16 Alliance Residential Company Phoenix, AZ Bruce Ward 49,600 49,194
16 8 UDR, Inc. Highlands Ranch, CO Thomas W. Toomey 47,652 70,591
17 19 Picerne Real Estate Group Phoenix, AZ David R. Picerne 44,754 45,566
18 20 ConAm Group of Companies San Diego, CA J. Bradley Forrester 43,500 45,500
19 21 Westdale Real Estate Investment & Management Dallas, TX Joseph G. Beard 42,915 43,475
20 23 CnC Investments Ltd., LLP Houston, TX Chowdary Yalamanchili 42,647 42,647
21 26 MAA Memphis, TN H. Eric Bolton, Jr. 42,554 40,248
22 25 The Michaels Development Company Marlton, NJ Michael J. Levitt 41,120 40,908
23 17 Capstone Real Estate Services, Inc. Austin, TX James W Berkey 40,870 48,532
24 29 Home Properties, Inc. Rochester, NY Edward J. Pettinella 38,280 38,646
25 24 Sentinel Real Estate Corporation New York, NY John Streicker 37,461 42,000
26 30 Gables Residential Atlanta, GA David D. Fitch 37,366 38,242
27 NR BH Management Services, Inc. Dallas, TX G. Stephen Donohue 36,532 33,123
28 42 Milestone Management Dallas, TX Steve Lamberti 36,408 28,891
29 NR JRK Property Holdings, Inc. Los Angeles, CA James Lippman 35,103 31,138
30 33 Village Green Companies Farmington Hills, MI Jonathan Holtzman 34,792 34,275
31 31 Colonial Properties Trust Birmingham, AL Thomas H. Lowder 33,143 37,236
32 36 Forest City Residential Group, Inc. Cleveland, OH Ronald A. Ratner 33,045 31,835
33 38 Related Companies New York, NY Jeff Blau 32,581 30,747
34 NR The John Stewart Co. San Francisco, CA Jack D. Gardner 31,685 22,411
35 37 Morgan Properties King of Prussia, PA Mitchell Morgan 30,613 31,045
36 39 The Lynd Company San Antonio, TX A. David Lynd 30,530 30,571
37 45 Lindsey Management Co. Fayetteville, AR James E. Lindsey 29,443 27,910
38 40 Lane Management Atlanta, GA George Lane 29,114 29,886
39 41 Drucker & Falk, LLC Raleigh, NC Kellie Falk-Tillett 28,216 29,384
40 44 Babcock & Brown Residential LLC Charlotte, NC Philip S. Payne 27,816 28,153
41 50 Berkshire Property Advisors Boston, MA Frank Apeseche 26,995 25,852
42 46 Essex Property Trust, Inc. Palo Alto, CA Keith R. Guericke 26,868 27,489
43 28 Sawyer Realty Holdings LLC Needham, MA Gregg Clickstein 25,885 39,272
44 43 Ambling Management Company Atlanta, GA Mike Godwin 25,529 28,394
45 49 BRE Properties, Inc San Francisco, CA Constance B. Moore 25,276 25,887
46 NR AMLI Residential Properties Chicago, IL Gregory T. Mutz 24,911 24,386
47 NR RAM Partners, LLC Atlanta, GA Bill Leseman 24,828 25,124
48 NR Southern Management Corporation Vienna, VA David H. Hillman 23,730 23,722
49 NR McKinley, Inc. Ann Arbor, MI Albert M. Berriz 22,143 6,139
50 NR The Laramar Group, LLC Greenwood Village, CO David B. Woodward 21,574 NR

To ensure the 2009 NMHC 50 is as complete and accurate as possible, NMHC staff gathered names of apartment owners and managers from a wide range of sources. A senior officer from each firm was contacted for the information included in the rankings, which are for properties owned or managed on January 1, 2009. Although membership in the National Multi Housing Council is not required for inclusion in the survey, 84 percent of the firms appearing in this year’s rankings are NMHC members. NMHC expresses appreciation to the industry leaders for their participation in this annual effort.