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
2	2	Starwood Capital Group	88946	85554	Barry S. Sternlicht	Greenwich	CT
3	3	Equity Residential	78302	78023	David J. Neithercut	Chicago	IL
4	4	AvalonBay Communities, Inc.	77614	74538	Timothy J. Naughton	Arlington	VA
5	6	Edward Rose Building Enterprise	63355	61767	Warren Rose	Bloomfield Hills	MI
6	8	Essex Property Trust, Inc.	60681	59260	Michael J. Schall	San Mateo	CA
7	5	Hunt Companies, Inc.	60635	61970	Chris Hunt	El Paso	TX
8	7	Lincoln Property Company	60518	59980	Tim Byrne	Dallas	TX
9	9	The Irvine Company	59254	58732	Ray Barrows	Newport Beach	CA
10		Related Companies	59191	59571	Jeff T. Blau	New York	NY
11	10	Camden Property Trust	53033	52793	Richard J. Campo	Houston	TX
12	18	PGIM Real Estate	52338	46185	Susan Mello	Madison	NJ
13	15	Balfour Beatty Communities	51588	49163	Christopher Williams	Malvern	PA
14	11	JPMorgan Asset Management	50741	52046	Allina Boohoff	New York	NY
15	17	Weidner Apartment Homes	50126	46218	Jack O'Connor	Kirkland	WA
16	19	Greystar Real Estate Partners	49487	44037	Robert A. Faith	Charleston	SC
17	13	BH Equities, LLC	49165	51113	Harry Bookey	Des Moines	IA
18	12	UDR, Inc.	47284	46303	Thomas W. Toomey	Highlands Ranch	CO
19	14	The Michaels Organization	44715	49950	John J. O'Donnell	Marlton	NJ
20	25	Morgan Properties	44595	35929	Mitchell L. Morgan	King of Prussia	PA
21	16	Apartment Investment and Management Company	43802	46311	Terry Considine	Denver	CO
22	21	Cortland Partners	42102	39674	Steven DeFrancis	Atlanta	GA
23	24	Monarch Investment & Management Group	41401	35955	Bob Nicolls	Franktown	CO
24	22	UBS Realty Investors LLC	39177	39361	Matthew Lynch	Hartford	CT
25	20	Fairfield Residential	37024	41864	Gregory R. Pinkalla	San Diego	CA
26	23	Steadfast Apartments	36981	36500	Ella S. Neyland	Irvine	CA
27	28	American Campus Communities	34609	31074	Bill Bayless	Austin	TX
28		Nuveen / TH Real Estate	33105	31150	Roger Ferguson	New York	NY
29	27	Invesco Real Estate	31319	31968	Michael Kirby	Dallas	TX
30	34	Harbor Group International, LLC	30000	27393	Robert Friedman	Norfolk	VA
31	33	JRK Property Holdings	29043	27514	Bobby Lee	Los Angeles	CA
32	32	Westdale Real Estate Investment & Management	28599	28204	Joseph G. Beard	Dallas	TX
33	29	Sentinel Real Estate Corporation	28500	30000	John H. Streicker	New York	NY
34	42	Dominium	28145	24030	Paul Sween and Armand Brachman	Plymouth	MN
35		Beacon Communities	26500	12000	Howard Cohen	Boston	MA
36		Carroll Organization	26280	17982	M. Patrick Carroll	Atlanta	GA
37	39	FPA Multifamily	25750	24250	Gregory A. Fowler	San Francisco	CA
38	36	AIG Global Real Estate Investment Corp.	25334	25441	Douglas S. Tymins	New York	NY
39	37	Southern Management Corporation	25327	25093	Suzanne Hillman	Vienna	VA
40	31	Heitman	24963	28614	Maury Tognarelli	Chicago	IL
41	40	Northland Investment Corporation	24944	24212	Lawrence Gottesdiener	Newton	MA
42	35	AEW Capital Management, L.P.	24318	25523	Jeffrey Furber	Boston	MA
43	41	Alliance Residential	23902	24163	Bruce Ward and V. Jay Hiemenz	Phoenix	AZ
44	45	GID	23467	21462	Bob DeWitt	Boston	MA
45	44	Electra America/American Landmark	23000	23000	Joe Lubeck	Tampa	FL
46	43	TruAmerica Multifamily, LLC	22863	22400	Robert E. Hart	Los Angeles	CA
47	38	AMLI Residential	22730	25041	Greg Mutz	Chicago	IL
48	46	Berkshire Group	21430	21454	Alan P King	Boston	MA
49		Peak Capital Partners	20719	19899	Jeff Danley	Provo	UT
50		ROCO Real Estate	20251	17111	David Colman, Michael Colman, Tyler Ross, Evan Ross	Bloomfield Hills	MI

NMHC Partners with Kingsley Associates to administer the NMHC 50 Survey. For more information on the services they provide please visit www.kingsleyassociates.com.

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

Historical Data

Regions of Operation

NMHC 50 Largest Apartment Owners

Historical Data

Change from last year

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Regions of Operation

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