2017 Developer List

2017 Rankings

Download data sheet of list

Order list by:

Developer Rank 2017	Developer Rank 2016	Company Name	Units Started 2017	Units Started 2016	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.

Who is a Developer?

A Developer is the firm responsible for the entire process related to the development of a new multifamily (defined as five or more units) rental community (including independent living and age-restricted housing). The developer controls everything from preliminary planning to obtaining financing to preparing the community for delivery to the market, and typically is responsible for selection of the builder. Units are started for the developer's own account, and upon completion of units, the developer will be the owner of the units. This includes developers who may sell their property after the units have been leased.

View all definitions and the methodology behind NMHC 50 lists.

Historical Data

Regions of Operation

NMHC 25 Largest Apartment Developers

Historical Data

Change from last year

New to List

Regions of Operation

Corporate Officer

Company Website

Other Lists

Housing Units Breakdown