2019 Owners List

2019 Rankings

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Order list by:

Owner Rank 2019	Owner Rank 2018	Company Name	Units Owned 2019	Units Owned 2018	Corporate Officer	HQ City	HQ State
1	1	MAA	100864	99792	H. Eric Bolton, Jr.	Germantown	TN
Historical Data Regions of Operation Corporate Officer(s) H. Eric Bolton, Jr. Company Website www.maac.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 100864
2	3	Equity Residential	79260	78302	Mark J. Parrell	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) Mark J. Parrell Company Website www.equityapartments.com Other Lists Top Manager 2019 Top Owner 2019
3	4	AvalonBay Communities, Inc.	78549	77614	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 2019 Top Owner 2019 Top Developer 2019 Housing Units Breakdown Market rate units 74195
4	2	Starwood Capital Group	76932	88946	Barry S. Sternlicht	Miami	FL
Historical Data Regions of Operation Corporate Officer(s) Barry S. Sternlicht Company Website www.starwoodcapital.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 60725
5	10	Related Companies	69300	59191	Jeff Blau	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Jeff Blau Company Website www.related.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 17064
6	5	Edward Rose Building Enterprise	64662	63355	Warren Rose	Bloomfield Hills	MI
Historical Data Regions of Operation Corporate Officer(s) Warren Rose Company Website www.EdwardRose.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 63804 Senior housing units 858
7	16	Greystar Real Estate Partners	62045	49487	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 2019 Top Owner 2019 Top Developer 2019 Top Builder 2019 Housing Units Breakdown Market rate units 40020 Student housing units 16606 Senior housing units 5419
8	9	The Irvine Company	60592	59254	Jim Krohn	Newport Beach	CA
Historical Data Regions of Operation Corporate Officer(s) Jim Krohn Company Website www.irvinecompany.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 58675
9	7	Hunt Companies	60217	60635	Chris Hunt	El Paso	TX
Historical Data Regions of Operation Corporate Officer(s) Chris Hunt Company Website www.huntcompanies.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 5828 Military housing units 51484
10	6	Essex Property Trust, Inc.	60200	60240	Michael J. Schall	San Mateo	CA
Historical Data Regions of Operation Corporate Officer(s) Michael J. Schall Company Website www.essex.com Other Lists Top Manager 2019 Top Owner 2019
11	17	BH Equities, LLC	58411	49165	Harry Bookey	Des Moines	IA
Historical Data Regions of Operation Corporate Officer(s) Harry Bookey Company Website www.bhmanagement.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 57315
12	8	Lincoln Property Company	58375	60518	Tim Byrne	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Tim Byrne Company Website www.lincolnapts.com Other Lists Top Manager 2019 Top Owner 2019 Top Developer 2019 Housing Units Breakdown Market rate units 21442 Military housing units 36933
13	12	PGIM Real Estate	56404	52338	Susan Mello	Madison	NJ
Historical Data Regions of Operation Corporate Officer(s) Susan Mello Company Website www.pgimrealestate.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 56404 Senior housing units 5755
14	11	Camden Property Trust	55160	53033	Richard J. Campo	Houston	TX
Historical Data Regions of Operation Corporate Officer(s) Richard J. Campo Company Website www.camdenliving.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 54795
15	15	Weidner Apartment Homes	52624	50126	Jack O'Connor	Kirkland	WA
Historical Data Regions of Operation Corporate Officer(s) Jack O'Connor Company Website www.weidner.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 52624
16	13	Balfour Beatty Communities	51333	51588	Christopher Williams	Malvern	PA
Historical Data Regions of Operation Corporate Officer(s) Christopher Williams Company Website www.balfourbeattycommunities.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 4792 Student housing units 3059 Military housing units 43482
17	14	JPMorgan Asset Management	51241	50741	Brett Kahn	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Brett Kahn Company Website www.jpmorgan.com Other Lists Top Owner 2019
18	22	Cortland	50955	42102	Steven DeFrancis	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) Steven DeFrancis Company Website www.cortland.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 49304 Senior housing units 1594
19	20	Morgan Properties	50664	44595	Mitchell L. Morgan	philadelphia	pa
Historical Data Regions of Operation Corporate Officer(s) Mitchell L. Morgan Company Website www.morganproperties.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 50664
20	23	Monarch Investment & Management Group	49788	41401	Bob Nicolls	Franktown	CO
Historical Data Regions of Operation Corporate Officer(s) Bob Nicolls Company Website www.mimginvestment.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 46000 Student housing units 3000
21	19	Michaels Development Company	49521	44715	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 2019 Top Owner 2019 Top Developer 2019 Housing Units Breakdown Market rate units 281 Student housing units 1526 Military housing units 3724
22	18	UDR, Inc.	47928	47284	Thomas W. Toomey	Highlands Ranch	CO
Historical Data Regions of Operation Corporate Officer(s) Thomas W. Toomey Company Website www.udr.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 45452
23	28	Nuveen Real Estate (formerly TH Real Estate)	38410	30969	Vijay Advani	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Vijay Advani Company Website www.nuveen.com Other Lists Top Owner 2019
24	24	UBS Realty Investors LLC	38351	39177	Matthew Lynch	Hartford	CT
Historical Data Regions of Operation Corporate Officer(s) Matthew Lynch Company Website www.ubs.com/realestate Other Lists Top Owner 2019
25	21	Aimco (Apartment Investment Management Company)	36549	36904	Terry Considine	Denver	CO
Historical Data Regions of Operation Corporate Officer(s) Terry Considine Company Website www.aimco.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 35553 Student housing units 2090 Senior housing units 559
26	29	Invesco Real Estate	35416	31319	Michael Kirby	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Michael Kirby Company Website www.invescorealestate.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 34666
27	27	American Campus Communities	33542	31078	Bill Bayless	Austin	TX
Historical Data Regions of Operation Corporate Officer(s) Bill Bayless Company Website www.AmericanCampus.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Student housing units 33542
28	34	Dominium	33340	28145	Paul Sween and Armand Brachman	Plymouth	MN
Historical Data Regions of Operation Corporate Officer(s) Paul Sween and Armand Brachman Company Website www.dominiumapartments.com Other Lists Top Manager 2019 Top Owner 2019 Top Developer 2019 Top Builder 2019 Housing Units Breakdown Market rate units 4482 Senior housing units 6763
29	26	Steadfast Companies	30953	36981	Ella S. Neyland	Irvine	CA
Historical Data Regions of Operation Corporate Officer(s) Ella S. Neyland Company Website www.steadfastcompanies.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 26102
30	30	Harbor Group International, LLC	30656	30000	Jordan Slone	Norfolk	VA
Historical Data Regions of Operation Corporate Officer(s) Jordan Slone Company Website www.harborgroupint.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Student housing units 240
31	32	Westdale Real Estate Investment & Management	29366	28599	Joseph G. Beard	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Joseph G. Beard Company Website www.westdale.com Other Lists Top Manager 2019 Top Owner 2019
32	37	FPA Multifamily	28750	25750	Gregory A. Fowler	San Francisco	CA
Historical Data Regions of Operation Corporate Officer(s) Gregory A. Fowler Company Website www.fpamf.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 27000 Student housing units 5500
33	44	GID	28514	22870	Bob DeWitt	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Bob DeWitt Company Website www.gid.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 28514
34	40	Heitman	27955	24963	Maury Tognarelli	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) Maury Tognarelli Company Website www.heitman.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 17768 Student housing units 6375 Senior housing units 1503
35	36	Carroll Organization	27553	25602	M. Patrick Carroll	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) M. Patrick Carroll Company Website www.carrollorg.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 27553
36	31	JRK Property Holdings	26328		Bobby Lee	Los Angeles	CA
Historical Data Regions of Operation Corporate Officer(s) Bobby Lee Company Website www.jrk.com Other Lists Top Owner 2019
37		Bridge Investment Group	26324	19666	Danuel Stanger	Salt Lake City	UT
Historical Data Regions of Operation Corporate Officer(s) Danuel Stanger Company Website www.bridgeig.com Other Lists Top Manager 2019 Top Owner 2019 Housing Units Breakdown Market rate units 25359
38	42	AEW Capital Management, L.P.	25766	24318	Jeffrey Furber	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Jeffrey Furber Company Website www.aew.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 24336 Senior housing units 1430
39	39	Southern Management Corporation	25327	25327	Suzanne Hillman	Vienna	VA
Historical Data Regions of Operation Corporate Officer(s) Suzanne Hillman Company Website www.southernmanagement.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 25327
40	41	Northland Investment Corporation	25037	24944	Lawrence Gottesdiener	Newton	MA
Historical Data Regions of Operation Corporate Officer(s) Lawrence Gottesdiener Company Website www.northland.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 25037
41	33	Sentinel Real Estate Corporation	25000	28500	John H. Streicker	New York	NY
Historical Data Regions of Operation Corporate Officer(s) John H. Streicker Company Website www.sentinelcorp.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 25000
42	46	TruAmerica Multifamily, LLC	24543	22863	Robert E. Hart	Los Angeles	CA
Historical Data Regions of Operation Corporate Officer(s) Robert E. Hart Company Website www.truamerica.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 24543
43	47	AMLI Residential	24150	22730	Greg Mutz	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) Greg Mutz Company Website www.amli.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 22020
44	45	American Landmark/Electra America	24000	23000	Joe Lubeck	Tampa	FL
Historical Data Regions of Operation Corporate Officer(s) Joe Lubeck Company Website www.alapts.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 24000
45		Eaton Vance	23680	18723	Thomas E. Faust Jr.	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Thomas E. Faust Jr. Company Website www.eatonvance.com Other Lists Top Owner 2019
46	38	AIG Global Real Estate Investment Corp.	23280	25334	Douglas S. Tymins	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Douglas S. Tymins Company Website www.aig.com/globalrealestate Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 22964 Student housing units 491 Senior housing units 523
47		Knightvest Capital	22654	16855	David Moore	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) David Moore Company Website www.knightvest.com Other Lists Top Owner 2019
48	50	ROCO Real Estate	21059	20251	David Colman, Michael Colman, Tyler Ross, Evan Ross	Bloomfield Hills	MI
Historical Data Regions of Operation Corporate Officer(s) David Colman, Michael Colman, Tyler Ross, Evan Ross Company Website www.rocorealestate.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 20006 Student housing units 856 Senior housing units 262
49		The NRP Group	20747	19305	J. David Heller	Cleveland	OH
Historical Data Regions of Operation Corporate Officer(s) J. David Heller Company Website www.nrpgroup.com Other Lists Top Owner 2019 Top Developer 2019 Top Builder 2019 Housing Units Breakdown Market rate units 6024
50	48	Berkshire Residential Investments	20473	21430	Chuck Leitner	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Chuck Leitner Company Website www.berkshireresi.com Other Lists Top Owner 2019 Housing Units Breakdown Market rate units 20473

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/

What is Ownership?

Owners include: Owners (partial or full) of multifamily (defined as five or more units) rental properties, including independent living and age-restricted housing. In the case of partnerships and investment funds, the owner is the entity – typically the managing general partner – that exercises effective control over the asset.

Owners do NOT include:

Syndicators - firms that purchase tax credits in order to serve as a general partner with a minority interest
Investment fund managers that do not exercise effective control over the units
Pension fund advisors that do not exercise effective control over the units
General partners for investors who serve as limited partners
Owners of condominiums, cooperatives, hotel rooms, nursing homes, hospital rooms and mobile homes

What counts as units?

Units that are in the United States only
Unit counts, not bed counts

NMHC 50 Largest Apartment Owners

MAA

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Equity 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

Housing Units Breakdown

Starwood Capital Group

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Related Companies

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Edward Rose Building Enterprise

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Greystar Real Estate Partners

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

The Irvine Company

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Hunt Companies

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Essex Property Trust, Inc.

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

BH Equities, LLC

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Lincoln Property Company

Historical Data

Regions of Operation

Corporate Officer(s)