2025 NMHC 50
The National Multifamily Housing Council's authoritative rankings of the nation's Top 50 Owners and Top 50 Managers, as well as the Top 25 Developers, Top 25 Builders and Top 10 Syndicators, with this year's lists including Built-to-Rent (BTR) units in its counts for the first time.
Collectively, the NMHC 50 owners make up 11% of the total U.S. apartment stock; the NMHC 50 managers oversee 21% of the nation’s apartments. This market share held by top owners has remained relatively unchanged over recent years.
