2020 Top Owners List

2020 Rankings

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Order list by:

Owner Rank 2020	Owner Rank 2019	Company Name	Units Owned 2020	Units Owned 2019	Corporate Officer	HQ City	HQ State
1	1	MAA	100031	100864	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 2020 Top Owner 2020 Housing Units Breakdown Market rate units 100031
2	2	Equity Residential	80624	79260	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 2020 Top Owner 2020
3	3	AvalonBay Communities, Inc.	79886	78549	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 2020 Top Owner 2020 Top Developer 2020 Housing Units Breakdown Market rate units 75409
4	4	Starwood Capital Group	75409	76932	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 2020
5	19	Morgan Properties	70052	50664	Mitchell L. Morgan	King of Prussia	PA
Historical Data Regions of Operation Corporate Officer(s) Mitchell L. Morgan Company Website www.morganproperties.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 70052
6	5	Related Companies	69369	69300	Jeff Blau	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Jeff Blau Company Website www.related.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 17041
7	6	Edward Rose Building Enterprise	65600	64662	Warren Rose	Bloomfield Hills	MI
Historical Data Regions of Operation Corporate Officer(s) Warren Rose Company Website www.edwardrose.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 64718 Senior housing units 882
8	7	Greystar Real Estate Partners	63306	62045	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 2020 Top Owner 2020 Top Developer 2020 Top Builder 2020 Housing Units Breakdown Market rate units 38701 Student housing units 17107 Senior housing units 7498
9	8	The Irvine Company	62254	60592	Jim Krohn	Newport Beach	CA
Historical Data Regions of Operation Corporate Officer(s) Jim Krohn Company Website www.irvinecompany.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 60337
10	10	Essex Property Trust, Inc.	60040	60200	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 2020 Top Owner 2020
11	9	Hunt Companies, Inc.	58340	60217	Chris Hunt	El Paso	TX
Historical Data Regions of Operation Corporate Officer(s) Chris Hunt Company Website www.huntcompanies.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 4675 Military housing units 51484
12	18	Cortland	58033	50955	Steven DeFrancis	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) Steven DeFrancis Company Website www.cortland.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 56888 Senior housing units 1935
13	20	Monarch Investment & Management Group	56633	49788	Bob Nicolls	Franktown	CO
Historical Data Regions of Operation Corporate Officer(s) Bob Nicolls Company Website www.mimginvestment.com Other Lists Top Manager 2020 Top Owner 2020
14	15	Weidner Apartment Homes	56262	52624	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 2020 Top Owner 2020 Housing Units Breakdown Market rate units 56262
15	14	Camden Property Trust	56107	55160	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 2020 Top Owner 2020 Housing Units Breakdown Market rate units 56107
16	11	BH Equities, LLC	55950	58411	Harry Bookey	Des Moines	IA
Historical Data Regions of Operation Corporate Officer(s) Harry Bookey Company Website www.bhmanagement.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 54506
17	13	PGIM Real Estate	55152	56404	Susan Mello	Madison	NJ
Historical Data Regions of Operation Corporate Officer(s) Susan Mello Company Website www.pgimrealestate.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 55152 Senior housing units 1106
18	12	Lincoln Property Company	54200	58375	Tim Byrne	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Tim Byrne Company Website www.lincolnapts.com Other Lists Top Manager 2020 Top Owner 2020 Top Developer 2020 Housing Units Breakdown Market rate units 17267 Military housing units 36933
19	21	The Michaels Organization	52119	49521	John J. O'Donnell	Camden	NJ
Historical Data Regions of Operation Corporate Officer(s) John J. O'Donnell Company Website www.tmo.com Other Lists Top Manager 2020 Top Owner 2020 Top Developer 2020 Housing Units Breakdown Market rate units 1533 Student housing units 3601 Military housing units 3724 Senior housing units 8248
20	22	UDR, Inc.	51294	48860	Tom Toomey	Highlands Ranch	CO
Historical Data Regions of Operation Corporate Officer(s) Tom Toomey Company Website www.udr.com Other Lists Top Manager 2020 Top Owner 2020
21	17	JPMorgan Asset Management	50037	51241	Brett Kahn	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Brett Kahn Company Website www.jpmorgan.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 43437
22	23	Nuveen Real Estate (formerly TH Real Estate)	49401	38410	James Martha	New York	NY
Historical Data Regions of Operation Corporate Officer(s) James Martha Company Website www.nuveen.com Other Lists Top Owner 2020 Housing Units Breakdown Student housing units 4469 Senior housing units 1964
23	16	Balfour Beatty Communities	48862	51333	Christopher Williams	Malvern	PA
Historical Data Regions of Operation Corporate Officer(s) Christopher Williams Company Website www.balfourbeattycommunities.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 2610 Student housing units 3035
24	32	FPA Multifamily	37355	28750	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 Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 36855 Student housing units 8300 Senior housing units 0
25	24	UBS Realty Investors LLC	37334	38351	Matthew Lynch	Hartford	CT
Historical Data Regions of Operation Corporate Officer(s) Matthew Lynch Company Website www.ubs.com/realestate Other Lists Top Owner 2020
26	33	GID	36557	28514	Bob DeWitt	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Bob DeWitt Company Website www.gid.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 35771
27	28	Dominium	35207	32215	Paul Sween	Plymouth	MN
Historical Data Regions of Operation Corporate Officer(s) Paul Sween Company Website www.dominiumapartments.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 4436 Senior housing units 7180
28	26	Invesco Real Estate	35139	35416	Michael Kirby	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Michael Kirby Company Website www.invescorealestate.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 32395 Senior housing units 317
29	27	American Campus Communities	33925	33542	Bill Bayless	Austin	TX
Historical Data Regions of Operation Corporate Officer(s) Bill Bayless Company Website www.americancampus.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 33925 Student housing units 33925
30	25	Aimco (Apartment Investment Management Company)	32598	36292	Terry Considine	Denver	CO
Historical Data Regions of Operation Corporate Officer(s) Terry Considine Company Website www.aimco.com Other Lists Top Manager 2020 Top Owner 2020 Housing Units Breakdown Market rate units 32593 Student housing units 505 Senior housing units 559
31	44	American Landmark Apartments	32000	23000	Joe Lubeck	Tampa	FL
Historical Data Regions of Operation Corporate Officer(s) Joe Lubeck Company Website www.alapts.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 32000
32	30	Harbor Group International, LLC	31609	30656	Jordan Slone	Norfolk	VA
Historical Data Regions of Operation Corporate Officer(s) Jordan Slone Company Website www.harborgroupint.com Other Lists Top Owner 2020 Housing Units Breakdown Student housing units 240
33	34	Heitman	30866	27955	Maury Tognarelli	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) Maury Tognarelli Company Website www.heitman.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 21381 Student housing units 8468 Senior housing units 1017
34	37	Bridge Investment Group	30626	26324	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 2020 Top Owner 2020 Top Developer 2020 Housing Units Breakdown Market rate units 29022
35	31	Westdale Real Estate Investment & Management	30427	29366	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 2020 Top Owner 2020
36	29	Steadfast Companies	28488	30953	Ella S. Neyland	Irvine	CA
Historical Data Regions of Operation Corporate Officer(s) Ella S. Neyland Company Website www.steadfastcompanies.com Other Lists Top Owner 2020
37	42	TruAmerica Multifamily, LLC	26779	24543	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 2020 Housing Units Breakdown Market rate units 26779
38	36	JRK Property Holdings	26697	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 2020
39	38	AEW Capital Management, L.P.	26160	25766	Jeffrey Furber	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Jeffrey Furber Company Website www.aew.com Other Lists Top Owner 2020 Housing Units Breakdown Senior housing units 2146
40	45	Eaton Vance Management	25765	23680	Andrew Frenette	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Andrew Frenette Company Website www.eatonvancerealestate.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 25765
41	47	Knightvest Capital	25477	22654	David Moore	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) David Moore Company Website www.knightvest.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 25477
42	39	Southern Management Corporation	25327	25327	Suzanne D. Hillman	Vienna	VA
Historical Data Regions of Operation Corporate Officer(s) Suzanne D. Hillman Company Website www.southernmanagement.com Other Lists Top Owner 2020
43	35	Carroll Organization	25300	27553	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 2020 Top Owner 2020 Housing Units Breakdown Market rate units 25300
44		Security Properties	25120	22309	Bob Krokower	Seattle	WA
Historical Data Regions of Operation Corporate Officer(s) Bob Krokower Company Website www.securityproperties.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 16658 Senior housing units 773
45	41	Sentinel Real Estate Corporation	25100	25000	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 2020 Housing Units Breakdown Market rate units 25100
46	40	Northland Investment Corporation	24775	25037	Lawrence Gottesdiener	Newton	MA
Historical Data Regions of Operation Corporate Officer(s) Lawrence Gottesdiener Company Website www.northland.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 24775
47	43	AMLI Residential	23949	22067	Greg Mutz	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) Greg Mutz Company Website www.amli.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 23595
48		Peak Capital Partners	23324	18726	Jeff Danley	Provo	UT
Historical Data Regions of Operation Corporate Officer(s) Jeff Danley Company Website www.peakcapitalpartners.com Other Lists Top Owner 2020 Housing Units Breakdown Market rate units 12924 Student housing units 977 Senior housing units 1217
49		Mercy Housing, Inc.	23182	23060	Jane Graf	Denver	CO
Historical Data Regions of Operation Corporate Officer(s) Jane Graf Company Website www.mercyhousing.org Other Lists Top Owner 2020 Housing Units Breakdown Senior housing units 7149
50	49	The NRP Group	22884	20747	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 2020 Top Developer 2020 Top Builder 2020 Housing Units Breakdown Market rate units 7857 Senior housing units 2674

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

Morgan Properties

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

Essex Property Trust, Inc.

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Hunt Companies, Inc.

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Cortland

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website