With the addition of more than 70,000 units to its management portfolio, Greystar solidifies its spot at the top of the managers rankings. However, RPM Living and Avenue5 Residential made some notable leaps in the Top 10.
NMHC 50 Managers Summary
The number of units managed by the Top 50 managers continues to increase, although it represents less than one-fifth of the overall apartment stock.
Property Managers Deliver A Renter-centric Experience
Multifamily management companies continue to strive to deliver positive living experiences through quality accommodations and renter-focused processes and policies. And for many renters, they are not only meeting but exceeding the mark. In fact, the majority of respondents to the 2024 NMHC/Grace Hill Renter Preferences Survey said they felt their well-being is important to their management companies and that staff demonstrates a culture of respect and kindness—factors that contribute to a positive sense of community.
Portfolio Size Measures
No. 1 Vs. No. 50 Over Time
Movers and Shakers
Staff Resource
New to the List*
*Companies sometimes appear as new to this year’s list despite having appeared in past rankings because they did not participate in the prior year’s survey or did not make the list.