2018 Developer List

2018 Rankings

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Developer Rank 2018	Developer Rank 2017	Company Name	Units Started 2017	Units Started 2016	Corporate Officer	HQ City	HQ State
1	1	Greystar Real Estate Partners	5651	7673	Robert A. Faith	Charleston	SC
Historical Data Regions of Operation Corporate Officer(s) Robert A. Faith Company Website www.greystar.com Other Lists Top Manager 2018 Top Owner 2018 Top Developer 2018 Top Builder 2018
2	4	Mill Creek Residential	5293	5081	William C. MacDonald	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) William C. MacDonald Company Website www.millcreekplaces.com Other Lists Top Developer 2018 Top Builder 2018
3	8	Wood Partners	5191	3468	Joe Keough	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) Joe Keough Company Website www.woodpartners.com Other Lists Top Developer 2018 Top Builder 2018
4	2	Alliance Residential	5170	7104	Bruce Ward and V. Jay Hiemenz	Phoenix	AZ
Historical Data Regions of Operation Corporate Officer(s) Bruce Ward and V. Jay Hiemenz Company Website www.allresco.com Other Lists Top Manager 2018 Top Owner 2018 Top Developer 2018 Top Builder 2018
5	6	Lincoln Property Company	5002	4343	Tim Byrne	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Tim Byrne Company Website www.lincolnapts.com Other Lists Top Manager 2018 Top Owner 2018 Top Developer 2018
6	5	Trammell Crow Residential	3863	4517	Kenneth J. Valach	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Kenneth J. Valach Company Website www.tcr.com Other Lists Top Developer 2018 Top Builder 2018
7	3	LMC, a Lennar company	3742	6244	Todd Farrell	Charlotte	NC
Historical Data Regions of Operation Corporate Officer(s) Todd Farrell Company Website www.livelmc.com Other Lists Top Developer 2018 Top Builder 2018
8	10	Continental Properties Company, Inc.	3140	3175	James H. Schloemer	Menomonee Falls	WI
Historical Data Regions of Operation Corporate Officer(s) James H. Schloemer Company Website www.cproperties.com Other Lists Top Developer 2018
9		JPI	2832	1643	Mark Bryant	Irving	TX
Historical Data Regions of Operation Corporate Officer(s) Mark Bryant Company Website www.jpi.com Other Lists Top Developer 2018 Top Builder 2018
10	9	The Michaels Organization	2768	3443	John J. O'Donnell	Marlton	NJ
Historical Data Regions of Operation Corporate Officer(s) John J. O'Donnell Company Website www.TMO.com Other Lists Top Manager 2018 Top Owner 2018 Top Developer 2018
11		StreetLights Residential	2607	896	Doug Chesnut	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Doug Chesnut Company Website www.streetlightsres.com Other Lists Top Developer 2018 Top Builder 2018
12	14	AvalonBay Communities, Inc.	2600	2732	Timothy J. Naughton	Arlington	VA
Historical Data Regions of Operation Corporate Officer(s) Timothy J. Naughton Company Website www.avalonbay.com Other Lists Top Manager 2018 Top Owner 2018 Top Developer 2018 Top Builder 2018
13	17	Wermers Companies	2500	2150	Thomas Wermers and Jeff Bunker	San Diego	CA
Historical Data Regions of Operation Corporate Officer(s) Thomas Wermers and Jeff Bunker Company Website www.wermerscompanies.com Other Lists Top Developer 2018 Top Builder 2018
14	13	Woodfield Investments	2422	2937	Greg Bonifield	Mount Pleasant	SC
Historical Data Regions of Operation Corporate Officer(s) Greg Bonifield Company Website www.WoodfieldInvestments.com Other Lists Top Developer 2018
15	11	Hanover	2313	3102	John H. Nash	Houston	TX
Historical Data Regions of Operation Corporate Officer(s) John H. Nash Company Website www.hanoverco.com Other Lists Top Developer 2018 Top Builder 2018
16	20	The Bainbridge Companies	2240	2032	Richard Schechter	Wellington	FL
Historical Data Regions of Operation Corporate Officer(s) Richard Schechter Company Website www.bainbridgecompanies.com Other Lists Top Developer 2018
17	15	American Campus Communities	2219	2699	Bill Bayless	Austin	TX
Historical Data Regions of Operation Corporate Officer(s) Bill Bayless Company Website www.AmericanCampus.com Other Lists Top Manager 2018 Top Owner 2018 Top Developer 2018
18		ZOM Living	2207	1080	Greg T. West	Orlando	FL
Historical Data Regions of Operation Corporate Officer(s) Greg T. West Company Website www.zomliving.com Other Lists Top Developer 2018
19		Landmark Properties	2198		Wes Rogers	Athens	GA
Historical Data Regions of Operation Corporate Officer(s) Wes Rogers Company Website www.landmarkproperties.com Other Lists Top Developer 2018 Top Builder 2018
20	16	Crescent Communities	2164	2389	Brian Natwick	Charlotte	NC
Historical Data Regions of Operation Corporate Officer(s) Brian Natwick Company Website www.crescentcommunities.com Other Lists Top Developer 2018
21		Prometheus Real Estate Group, Inc.	2088		Jackie Safier	San Mateo	CA
Historical Data Regions of Operation Corporate Officer(s) Jackie Safier Company Website www.prometheusapartments.com Other Lists Top Developer 2018
22	24	Billingsley Company	2065	1913	Lucy Billingsley	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Lucy Billingsley Company Website www.billingsleyco.com Other Lists Top Developer 2018 Top Builder 2018
23		LDG Development	2027	1122	Chris Dischinger	Louisville	Ky
Historical Data Regions of Operation Corporate Officer(s) Chris Dischinger Company Website www.ldgdevelopment.com Other Lists Top Developer 2018 Top Builder 2018
24	19	Holland Partner Group	2000	2053	Clyde Holland	Vancouver	WA
Historical Data Regions of Operation Corporate Officer(s) Clyde Holland Company Website www.hollandpartnergroup.com Other Lists Top Developer 2018 Top Builder 2018
25		Picerne Development Corp	1955	1769	David R. Picerne	Phoenix	AZ
Historical Data Regions of Operation Corporate Officer(s) David R. Picerne Company Website www.picerne.com Other Lists Top Developer 2018 Top Builder 2018

NMHC Partners with Kingsley (a Grace Hill Company) to administer the NMHC 50 Survey. Learn more about their survey solutions, visit gracehill.com/products/kingsleysurveys/

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.

NMHC 25 Largest Apartment Developers

Greystar Real Estate Partners

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Mill Creek Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Wood Partners

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Alliance Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Lincoln Property Company

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Trammell Crow Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

LMC, a Lennar company

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Continental Properties Company, Inc.

Historical Data

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Corporate Officer(s)

Company Website

Other Lists

JPI

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

The Michaels Organization

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

StreetLights Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

AvalonBay Communities, Inc.

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Wermers Companies

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Woodfield Investments