2017 Rankings

NMHC 25 Largest Apartment Developers

Order list by:
Developer rank! 2017 Developer rank! 2016 Company
Name
Units developed 2016 Units developed 2015 Corporate
Officer
HQ
City
HQ
State
1 5 Greystar Real Estate Partners, LLC 7673 4699 Robert A. Faith Charleston SC
2 1 Alliance Residential Company 7104 7765 Bruce Ward and V. Jay Hiemenz Phoenix AZ
3 6 LMC, a Lennar company 6244 4582 Todd Farrell Charlotte NC
4 2 Mill Creek Residential Trust, LLC 5081 6567 Charles R. Brindell and William C. MacDonald Dallas TX
5 4 Trammell Crow Residential 4517 4841 Kenneth J. Valach Dallas TX
6 9 Lincoln Property Company 4343 3449 Tim Byrne Dallas TX
7 11 The NRP Group, LLC 3720 1785 J. David Heller Cleveland OH
8 3 Wood Partners, LLC 3468 5622 Joe Keough Atlanta GA
9 13 The Michaels Organization 3443 2880 John J. O'Donnell Marlton NJ
10 Continental Properties Company, Inc. 3175 2896 James Schloemer Menomonee Falls WI
11 12 Hanover Company 3102 3017 John H. Nash Houston TX
12 Fairfield Residential Company, LLC 3007 1536 Gregory R. Pinkalla San Diego CA
13 22 Woodfield Development 2937 1776 Greg Bonifield Mount Pleasant SC
14 7 AvalonBay Communities, Inc. 2732 3758 Timothy J. Naughton Arlington VA
15 American Campus Communities 2699 1264 Bill Bayless Austin TX
16 20 Crescent Communities 2389 1863 Brian Natwick Charlotte NC
17 Wermers Companies 2150 1600 Thomas Wermers and Jeff Bunker San Diego CA
18 Miller-Valentine Group 2101 419 David Liette Cincinnati OH
19 8 Holland Residential 2053 3536 Clyde Holland Vancouver WA
20 The Bainbridge Companies 2032 672 Richard Schechter Wellington FL
21 24 The Dinerstein Companies 1966 1748 Brian Dinerstein Houston TX
22 Fore Property Company 1959 1222 Jonathan Fore Las Vegas NV
23 10 Forest City Residential Group, Inc. 1808 3352 Ronald A. Ratner Cleveland OH
24 Billingsley Company 1798 542 Lucy Billingsley Dallas TX
25 Related Development, LLC 1788 1643 Steve Patterson Miami FL

Developer rankings are produced using the number of units started by the company for its own account in 2016, as reported by the company’s responsible party completing the survey.


The 2017 NMHC 50 was produced in association with Kingsley Associates and appeared in the April 2017 issue of Multifamily Executive.


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