Below are answers to frequently asked questions NMHC receives about the NMHC 50.
In the 2023 NMHC 50 Survey, the top 50 owners represented 10% of the overall apartment stock and the top 50 managers represented 18%. For a more detailed summary of the NMHC 50 owners and managers, take a look at the online issue for the 2023 NMHC 50. 2022 NMHC 50.
Occasionally firms will choose not to participate in the NMHC 50 despite our best efforts to include all qualifying firms.
Unfortunately, we are unable to provide that information. We validate the information that top 50/25 firms provide, but we do not validate that information for the firms who do not meet our cutoff.
We do not. However, you can view the regions in which a company appearing on the overall Top 50/25 list operates by selecting their name on any of the lists.
We do not, although we provide press and social media resources for firms that make the list here. The resources include badges to showcase your achievement on your company website.
In general, the survey is sent out in early December and responses are due in mid-January. For the 2023 NMHC 50, the survey will be sent out on December 8, 2022 and responses are due January 13, 2023.
Firms that have made at least one NMHC 50/25/10 list will be notified 2 days before the lists are publicly announced on April 10, 2023. Please note that NMHC staff are unable to provide information on whether or not a firm will appear on the list before the notification emails have been sent out.
Unfortunately we are not able to accept submissions beyond the deadline. However, the relevant firm contact should complete our sign up form to ensure they’re included in outreach for next year’s survey.
Firms cannot be added to the online lists. Those who have missed the submission deadline for the 2022 NMHC 50 should complete our sign up form to participate in next year’s survey.
Please have the relevant contact at your firm complete our sign up form to participate in next year’s survey.
In the case of partnerships, joint ventures and investment funds, the owner is the entity – typically the managing general partner – that exercises effective control over the asset, such as when the asset gets sold.
Rental units not included in our lists are condominiums, cooperatives, hotel rooms, nursing homes, hospital rooms, mobile homes, ADUs, units in buildings with 2-4 units, and single-family rental houses or communities.
They do not. The NMHC 50 lists are compiled solely through outreach to staff at firms that own, manage, develop, build or syndicate apartments in buildings with five or more units.
NMHC compiles data from other sources, such as the U.S. Census Bureau, on apartment stock that can be found on our Quick Facts page. Private apartment data providers may also have additional insight into company portfolios that are not featured on the NMHC 50 lists.
- Mid Atlantic (NY, PA, NJ, DE, MD, DC)
- Mid West (WI, MI, IL, IN, OH, MO, ND, SD, NE, KS, MN, IA)
- Mountain (ID, MT, WY, NV, UT, CO, AZ, NM)
- New England (ME, NH, VT, MA, RI, CT)
- Pacific (AK, WA, OR, CA, HI)
- South Atlantic (VA, WV, NC, SC, GA, FL)
- South Central (KY, TN, MS, AL, OK, TX, AR, LA)