2018 Owner List

2018 Rankings

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Order list by:

Owner Rank 2018	Owner Rank 2017	Company Name	Units Owned 2018	Units Owned 2017	Corporate Officer	HQ City	HQ State
1	1	MAA	99792	99393	H. Eric Bolton, Jr.	Memphis	TN
Historical Data Regions of Operation Coroporate Officer(s) H. Eric Bolton, Jr. Company Website www.maac.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 99792
2	2	Starwood Capital Group	88946	85554	Barry S. Sternlicht	Greenwich	CT
Historical Data Regions of Operation Coroporate Officer(s) Barry S. Sternlicht Company Website www.starwoodcapital.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 88946
3	3	Equity Residential	78302	78023	David J. Neithercut	Chicago	IL
Historical Data Regions of Operation Coroporate Officer(s) David J. Neithercut Company Website www.equityapartments.com Other Lists Top Manager 2018
4	4	AvalonBay Communities, Inc.	77614	74538	Timothy J. Naughton	Arlington	VA
Historical Data Regions of Operation Coroporate Officer(s) Timothy J. Naughton Company Website www.avalonbay.com Other Lists Top Manager 2018 Top Developer 2018 Top Builder 2018 Housing Units Breakdown Market rate units 73042 Student housing units 0 Military housing units 0 Senior housing units 0
5	6	Edward Rose Building Enterprise	63355	61767	Warren Rose	Bloomfield Hills	MI
Historical Data Regions of Operation Coroporate Officer(s) Warren Rose Company Website www.edwardrose.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 62682 Senior housing units 673
6	8	Essex Property Trust, Inc.	60681	59260	Michael J. Schall	San Mateo	CA
Historical Data Regions of Operation Coroporate Officer(s) Michael J. Schall Company Website www.essex.com Other Lists Top Manager 2018
7	5	Hunt Companies, Inc.	60635	61970	Chris Hunt	El Paso	TX
Historical Data Regions of Operation Coroporate Officer(s) Chris Hunt Company Website www.huntcompanies.com Housing Units Breakdown Market rate units 6316 Military housing units 51856
8	7	Lincoln Property Company	60518	59980	Tim Byrne	Dallas	TX
Historical Data Regions of Operation Coroporate Officer(s) Tim Byrne Company Website www.lincolnapts.com Other Lists Top Manager 2018 Top Developer 2018 Housing Units Breakdown Market rate units 23353 Military housing units 37165
9	9	The Irvine Company	59254	58732	Ray Barrows	Newport Beach	CA
Historical Data Regions of Operation Coroporate Officer(s) Ray Barrows Company Website www.irvinecompany.com Other Lists Top Manager 2018 Housing Units Breakdown Student housing units 1207
10		Related Companies	59191	59571	Jeff T. Blau	New York	NY
Historical Data Regions of Operation Coroporate Officer(s) Jeff T. Blau Company Website www.related.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 17532
11	10	Camden Property Trust	53033	52793	Richard J. Campo	Houston	TX
Historical Data Regions of Operation Coroporate Officer(s) Richard J. Campo Company Website www.camdenliving.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 53033
12	18	PGIM Real Estate	52338	46185	Susan Mello	Madison	NJ
Historical Data Regions of Operation Coroporate Officer(s) Susan Mello Company Website www.pgimrealestate.com Housing Units Breakdown Market rate units 52338 Senior housing units 5919
13	15	Balfour Beatty Communities	51588	49163	Christopher Williams	Malvern	PA
Historical Data Regions of Operation Coroporate Officer(s) Christopher Williams Company Website www.balfourbeattycommunities.com Other Lists Top Manager 2018 Housing Units Breakdown Student housing units 3471 Military housing units 44090
14	11	JPMorgan Asset Management	50741	52046	Allina Boohoff	New York	NY
Historical Data Regions of Operation Coroporate Officer(s) Allina Boohoff Company Website www.jpmorgan.com Housing Units Breakdown Market rate units 50741
15	17	Weidner Apartment Homes	50126	46218	Jack O'Connor	Kirkland	WA
Historical Data Regions of Operation Coroporate Officer(s) Jack O'Connor Company Website www.weidner.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 50126
16	19	Greystar Real Estate Partners	49487	44037	Robert A. Faith	Charleston	SC
Historical Data Regions of Operation Coroporate Officer(s) Robert A. Faith Company Website www.greystar.com Other Lists Top Manager 2018 Top Developer 2018 Top Builder 2018 Housing Units Breakdown Market rate units 43619 Student housing units 1573 Senior housing units 4295
17	13	BH Equities, LLC	49165	51113	Harry Bookey	Des Moines	IA
Historical Data Regions of Operation Coroporate Officer(s) Harry Bookey Company Website www.bhmanagement.com Housing Units Breakdown Market rate units 49165 Student housing units 0 Military housing units 0 Senior housing units 0
18	12	UDR, Inc.	47284	46303	Thomas W. Toomey	Highlands Ranch	CO
Historical Data Regions of Operation Coroporate Officer(s) Thomas W. Toomey Company Website www.udr.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 47284
19	14	The Michaels Organization	44715	49950	John J. O'Donnell	Marlton	NJ
Historical Data Regions of Operation Coroporate Officer(s) John J. O'Donnell Company Website www.TMO.com Other Lists Top Manager 2018 Top Developer 2018 Housing Units Breakdown Market rate units 4507 Student housing units 4174 Military housing units 2975
20	25	Morgan Properties	44595	35929	Mitchell L. Morgan	King of Prussia	PA
Historical Data Regions of Operation Coroporate Officer(s) Mitchell L. Morgan Company Website www.morgan-properties.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 44595
21	16	Apartment Investment and Management Company	43802	46311	Terry Considine	Denver	CO
Historical Data Regions of Operation Coroporate Officer(s) Terry Considine Company Website www.aimco.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 35701 Senior housing units 559
22	21	Cortland Partners	42102	39674	Steven DeFrancis	Atlanta	GA
Historical Data Regions of Operation Coroporate Officer(s) Steven DeFrancis Company Website www.cortlandpartners.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 39291 Senior housing units 1328
23	24	Monarch Investment & Management Group	41401	35955	Bob Nicolls	Franktown	CO
Historical Data Regions of Operation Coroporate Officer(s) Bob Nicolls Company Website www.mimginvestment.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 40401
24	22	UBS Realty Investors LLC	39177	39361	Matthew Lynch	Hartford	CT
Historical Data Regions of Operation Coroporate Officer(s) Matthew Lynch Company Website www.ubs.com/realestate
25	20	Fairfield Residential	37024	41864	Gregory R. Pinkalla	San Diego	CA
Historical Data Regions of Operation Coroporate Officer(s) Gregory R. Pinkalla Company Website www.fairfieldresidential.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 37024 Student housing units 299 Military housing units 0 Senior housing units 0
26	23	Steadfast Apartments	36981	36500	Ella S. Neyland	Irvine	CA
Historical Data Regions of Operation Coroporate Officer(s) Ella S. Neyland Company Website www.steadfastcompanies.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 106
27	28	American Campus Communities	34609	31074	Bill Bayless	Austin	TX
Historical Data Regions of Operation Coroporate Officer(s) Bill Bayless Company Website www.AmericanCampus.com Other Lists Top Manager 2018 Top Developer 2018 Housing Units Breakdown Student housing units 34609
28		Nuveen / TH Real Estate	33105	31150	Roger Ferguson	New York	NY
Historical Data Regions of Operation Coroporate Officer(s) Roger Ferguson Company Website www.nuveen.com
29	27	Invesco Real Estate	31319	31968	Michael Kirby	Dallas	TX
Historical Data Regions of Operation Coroporate Officer(s) Michael Kirby Company Website www.invescorealestate.com
30	34	Harbor Group International, LLC	30000	27393	Robert Friedman	Norfolk	VA
Historical Data Regions of Operation Coroporate Officer(s) Robert Friedman Company Website www.harborgroupint.com Other Lists Top Manager 2018 Housing Units Breakdown Market rate units 30000
31	33	JRK Property Holdings	29043	27514	Bobby Lee	Los Angeles	CA
Historical Data Regions of Operation Coroporate Officer(s) Bobby Lee Company Website www.jrk.com Housing Units Breakdown Market rate units 28238
32	32	Westdale Real Estate Investment & Management	28599	28204	Joseph G. Beard	Dallas	TX
Historical Data Regions of Operation Coroporate Officer(s) Joseph G. Beard Company Website www.westdale.com Other Lists Top Manager 2018
33	29	Sentinel Real Estate Corporation	28500	30000	John H. Streicker	New York	NY
Historical Data Regions of Operation Coroporate Officer(s) John H. Streicker Company Website www.sentinelcorp.com Housing Units Breakdown Market rate units 28500 Student housing units 0 Military housing units 0 Senior housing units 0
34	42	Dominium	28145	24030	Paul Sween and Armand Brachman	Plymouth	MN
Historical Data Regions of Operation Coroporate Officer(s) Paul Sween and Armand Brachman Company Website www.dominiumapartments.com Housing Units Breakdown Market rate units 11 Senior housing units 48
35		Beacon Communities	26500	12000	Howard Cohen	Boston	MA
Historical Data Regions of Operation Coroporate Officer(s) Howard Cohen Company Website www.BeaconCommunitiesLLC.com
36		Carroll Organization	26280	17982	M. Patrick Carroll	Atlanta	GA
Historical Data Regions of Operation Coroporate Officer(s) M. Patrick Carroll Company Website www.carrollorg.com Other Lists Top Manager 2018
37	39	FPA Multifamily	25750	24250	Gregory A. Fowler	San Francisco	CA
Historical Data Regions of Operation Coroporate Officer(s) Gregory A. Fowler Company Website www.fpamf.com Housing Units Breakdown Market rate units 25750 Student housing units 4300 Military housing units 0 Senior housing units 0
38	36	AIG Global Real Estate Investment Corp.	25334	25441	Douglas S. Tymins	New York	NY
Historical Data Regions of Operation Coroporate Officer(s) Douglas S. Tymins Company Website www.aig.com/globalrealestate Housing Units Breakdown Market rate units 22138 Student housing units 2410 Senior housing units 278
39	37	Southern Management Corporation	25327	25093	Suzanne Hillman	Vienna	VA
Historical Data Regions of Operation Coroporate Officer(s) Suzanne Hillman Company Website www.southernmanagement.com Housing Units Breakdown Market rate units 25327
40	31	Heitman	24963	28614	Maury Tognarelli	Chicago	IL
Historical Data Regions of Operation Coroporate Officer(s) Maury Tognarelli Company Website www.heitman.com Housing Units Breakdown Market rate units 18959 Student housing units 4888 Senior housing units 1116
41	40	Northland Investment Corporation	24944	24212	Lawrence Gottesdiener	Newton	MA
Historical Data Regions of Operation Coroporate Officer(s) Lawrence Gottesdiener Company Website www.northland.com Housing Units Breakdown Market rate units 24944
42	35	AEW Capital Management, L.P.	24318	25523	Jeffrey Furber	Boston	MA
Historical Data Regions of Operation Coroporate Officer(s) Jeffrey Furber Company Website www.aew.com Housing Units Breakdown Market rate units 23354 Senior housing units 964
43	41	Alliance Residential	23902	24163	Bruce Ward and V. Jay Hiemenz	Phoenix	AZ
Historical Data Regions of Operation Coroporate Officer(s) Bruce Ward and V. Jay Hiemenz Company Website www.allresco.com Other Lists Top Manager 2018 Top Developer 2018 Top Builder 2018 Housing Units Breakdown Market rate units 23902
44	45	GID	23467	21462	Bob DeWitt	Boston	MA
Historical Data Regions of Operation Coroporate Officer(s) Bob DeWitt Company Website www.gid.com Housing Units Breakdown Market rate units 23467
45	44	Electra America/American Landmark	23000	23000	Joe Lubeck	Tampa	FL
Historical Data Regions of Operation Coroporate Officer(s) Joe Lubeck Company Website www.alapts.com Housing Units Breakdown Market rate units 23000
46	43	TruAmerica Multifamily, LLC	22863	22400	Robert E. Hart	Los Angeles	CA
Historical Data Regions of Operation Coroporate Officer(s) Robert E. Hart Company Website www.truamerica.com Housing Units Breakdown Market rate units 22863 Student housing units 0 Military housing units 0 Senior housing units 0
47	38	AMLI Residential	22730	25041	Greg Mutz	Chicago	IL
Historical Data Regions of Operation Coroporate Officer(s) Greg Mutz Company Website www.amli.com Housing Units Breakdown Market rate units 22730
48	46	Berkshire Group	21430	21454	Alan P King	Boston	MA
Historical Data Regions of Operation Coroporate Officer(s) Alan P King Company Website www.berkshire-group.com Housing Units Breakdown Market rate units 21430
49		Peak Capital Partners	20719	19899	Jeff Danley	Provo	UT
Historical Data Regions of Operation Coroporate Officer(s) Jeff Danley Company Website www.peakcapitalpartners.com Housing Units Breakdown Market rate units 11562 Student housing units 641 Military housing units 0 Senior housing units 698
50		ROCO Real Estate	20251	17111	David Colman, Michael Colman, Tyler Ross, Evan Ross	Bloomfield Hills	MI
Historical Data Regions of Operation Coroporate Officer(s) David Colman, Michael Colman, Tyler Ross, Evan Ross Company Website www.rocorealestate.com Housing Units Breakdown Student housing units 655

NMHC Partners with Kingsley (a Grace Hill Company) to administer the NMHC 50 Survey. Learn more about their survey solutions, visit gracehill.com/products/kingsleysurveys/

What is Ownership?

Owners include: Owners (partial or full) of multifamily (defined as five or more units) rental properties, including independent living and age-restricted housing. In the case of partnerships and investment funds, the owner is the entity – typically the managing general partner – that exercises effective control over the asset.

Owners do NOT include:

Syndicators - firms that purchase tax credits in order to serve as a general partner with a minority interest
Investment fund managers that do not exercise effective control over the units
Pension fund advisors that do not exercise effective control over the units
General partners for investors who serve as limited partners
Owners of condominiums, cooperatives, hotel rooms, nursing homes, hospital rooms and mobile homes

What counts as units?

Units that are in the United States only
Unit counts, not bed counts

NMHC 50 Largest Apartment Owners

MAA

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Starwood Capital Group

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Equity Residential

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

AvalonBay Communities, Inc.

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Edward Rose Building Enterprise

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Essex Property Trust, Inc.

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Hunt Companies, Inc.

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Housing Units Breakdown

Lincoln Property Company

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

The Irvine Company

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Related Companies

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Camden Property Trust

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

PGIM Real Estate

Historical Data

Regions of Operation

Coroporate Officer(s)

Company Website