2022 Top Owners List

2022 Rankings

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Order list by:

Owner Rank 2022	Owner Rank 2021	Company Name	Units Owned 2022	Units Owned 2021	Corporate Officer	HQ City	HQ State
1	3	Starwood Capital Group	115056	89349	Barry Sternlicht	Miami	FL
Historical Data Regions of Operation Corporate Officer(s) Barry Sternlicht Company Website www.starwoodcapital.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 72622
2	1	MAA	100002	100490	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 2022 Top Owner 2022 Housing Units Breakdown Market rate units 100002
3	2	Morgan Properties	94107	90617	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 2022 Top Owner 2022 Housing Units Breakdown Market rate units 94107
4	4	AvalonBay Communities, Inc.	81803	80094	Timothy J. Naughton & Benjamin W. Schall	Arlington	VA
Historical Data Regions of Operation Corporate Officer(s) Timothy J. Naughton & Benjamin W. Schall Company Website www.avaloncommunities.com Other Lists Top Manager 2022 Top Owner 2022 Top Developer 2022 Top Builder 2022 Housing Units Breakdown Market rate units 81803
5	6	Greystar Real Estate Partners	80121	75099	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 2022 Top Owner 2022 Top Developer 2022 Top Builder 2022 Housing Units Breakdown Market rate units 60878 Student housing units 15251 Senior housing units 3992
6	5	Equity Residential	79322	77889	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 2022 Top Owner 2022 Housing Units Breakdown Market rate units 79322
7	7	The Related Companies, LP	75023	73082	Jeff Blau	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Jeff Blau Company Website www.related.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 21604
8	13	Nuveen Real Estate	69714	60201	James Martha	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) James Martha Company Website www.nuveen.com Other Lists Top Owner 2022 Housing Units Breakdown Student housing units 4629 Senior housing units 1964
9	8	Edward Rose Building Enterprise	68379	67016	Warren Rose	Bloomfield Hills	MI
Historical Data Regions of Operation Corporate Officer(s) Warren Rose Company Website www.edwardrose.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 67299 Senior housing units 1080
10	9	Monarch Investment & Management Group	66898	63727	Bob Nicolls	Franktown	CO
Historical Data Regions of Operation Corporate Officer(s) Bob Nicolls Company Website www.mimginvestment.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 66898
11	21	PGIM Real Estate	64083	50763	Eric Adler	Madison	NJ
Historical Data Regions of Operation Corporate Officer(s) Eric Adler Company Website www.pgimrealestate.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 64083 Student housing units 9349 Senior housing units 1954
12	10	The Irvine Company	63356	62254	Teresa Prestwood	Newport Beach	CA
Historical Data Regions of Operation Corporate Officer(s) Teresa Prestwood Company Website www.irvinecompany.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 63356
13	12	Essex Property Trust, Inc.	61911	61556	Michael J. Schall	San Mateo	CA
Historical Data Regions of Operation Corporate Officer(s) Michael J. Schall Company Website www.essexapartmenthomes.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 61911
14	15	Weidner Apartment Homes	61280	57012	W. Dean Weidner	Kirkland	WA
Historical Data Regions of Operation Corporate Officer(s) W. Dean Weidner Company Website www.weidner.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 61280
15	24	Harbor Group International	59433	46217	Jordan Slone	Norfolk	VA
Historical Data Regions of Operation Corporate Officer(s) Jordan Slone Company Website www.harborgroupint.com Other Lists Top Manager 2022 Top Owner 2022
16	14	Hunt Companies, Inc.	59290	57819	Chris Hunt & Brenda Christman	El Paso	TX
Historical Data Regions of Operation Corporate Officer(s) Chris Hunt & Brenda Christman Company Website www.huntcompanies.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 4941 Military housing units 52458 Senior housing units 69
17	16	Camden Property Trust	58300	56850	Richard J. Campo & D. Keith Oden	Houston	TX
Historical Data Regions of Operation Corporate Officer(s) Richard J. Campo & D. Keith Oden Company Website www.camdenliving.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 58300
18	19	UDR, Inc.	56325	51649	Tom Toomey	Highlands Ranch	CO
Historical Data Regions of Operation Corporate Officer(s) Tom Toomey Company Website www.udr.com Other Lists Top Manager 2022 Top Owner 2022
19	18	The Michaels Organization	54969	52991	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 2022 Top Owner 2022 Top Developer 2022 Housing Units Breakdown Market rate units 1676 Student housing units 5466 Military housing units 18827
20	17	Lincoln Property Company	54118	53132	Tim Byrne	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Tim Byrne Company Website www.lincolnapts.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 17085 Military housing units 37033
21	22	J.P. Morgan Asset Management	51618	49339	Brett Kahn	New York City	NY
Historical Data Regions of Operation Corporate Officer(s) Brett Kahn Company Website www.jpmorgan.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 43363
22	20	BH Equities	50043	51178	Joanna Zabriskie	Des Moines	IA
Historical Data Regions of Operation Corporate Officer(s) Joanna Zabriskie Company Website www.livebh.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 50043 Student housing units 0 Military housing units 0 Senior housing units 0
23	28	Bridge Investment Group	48827	36588	Colin Apple & Rich Stayner	Sandy	UT
Historical Data Regions of Operation Corporate Officer(s) Colin Apple & Rich Stayner Company Website www.bridgeig.com Other Lists Top Manager 2022 Top Owner 2022 Top Developer 2022 Housing Units Breakdown Market rate units 47411
24	23	Balfour Beatty Communities	48157	48511	Christopher Williams	Malvern	PA
Historical Data Regions of Operation Corporate Officer(s) Christopher Williams Company Website www.balfourbeattycommunities.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 3000 Student housing units 2351 Military housing units 42806
25	29	FPA Multifamily	42335	36400	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 2022 Top Owner 2022 Housing Units Breakdown Market rate units 33155 Student housing units 8000
26		The Olayan Group	41154	27611	Camile G. Saba	New York	NY
Historical Data Regions of Operation Corporate Officer(s) Camile G. Saba Company Website www.olayan.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 41154
27	26	GID	40913	37607	Greg Bates	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Greg Bates Company Website www.gid.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 40913
28	27	Invesco Real Estate	40614	37296	Michael Kirby & Jackson Lapin	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Michael Kirby & Jackson Lapin Company Website www.invesco.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 35572 Student housing units 563 Senior housing units 317
29	35	TruAmerica Multifamily	39493	29535	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 2022 Housing Units Breakdown Market rate units 39493
30	31	Dominium	37731	34593	Paul Sween & Mark Moorhouse	Plymouth	MN
Historical Data Regions of Operation Corporate Officer(s) Paul Sween & Mark Moorhouse Company Website www.dominiumapartments.com Other Lists Top Manager 2022 Top Owner 2022 Top Developer 2022 Top Builder 2022 Housing Units Breakdown Market rate units 2625 Student housing units 0 Military housing units 0 Senior housing units 9485
31		Independence Realty Trust	36119	15667	Scott Schaeffer	Philadelphia	PA
Historical Data Regions of Operation Corporate Officer(s) Scott Schaeffer Company Website www.irtliving.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 36119 Student housing units 0 Military housing units 0 Senior housing units 0
32	25	Fairfield Residential Company LLC	35887	38484	Gregory R. Pinkalla	San Diego	CA
Historical Data Regions of Operation Corporate Officer(s) Gregory R. Pinkalla Company Website www.fairfieldresidential.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 22214 Senior housing units 2300
33	32	American Campus Communities	35441	34585	Bill Bayless	Austin	TX
Historical Data Regions of Operation Corporate Officer(s) Bill Bayless Company Website www.americancampus.com Other Lists Top Manager 2022 Top Owner 2022 Housing Units Breakdown Market rate units 0 Student housing units 35441 Military housing units 0 Senior housing units 0
34	34	Heitman	33977	32114	Maury Tognarelli	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) Maury Tognarelli Company Website www.heitman.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 33977 Student housing units 7731 Senior housing units 582
35	33	American Landmark	33303	33303	Joe Lubeck & Jim Miller	Tampa	FL
Historical Data Regions of Operation Corporate Officer(s) Joe Lubeck & Jim Miller Company Website www.alapts.com Other Lists Top Owner 2022
36	40	Knightvest Capital	32984	26508	David Moore	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) David Moore Company Website www.knightvest.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 32984 Student housing units 0 Military housing units 0 Senior housing units 0
37	30	UBS Realty Investors LLC	31873	35259	Matthew Johnson	Hartford	CT
Historical Data Regions of Operation Corporate Officer(s) Matthew Johnson Company Website www.ubs.com/realestate Other Lists Top Owner 2022
38	49	Peak Capital Partners	30754	25020	Jeff Danley	Provo	UT
Historical Data Regions of Operation Corporate Officer(s) Jeff Danley Company Website www.peakcapitalpartners.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 17675 Student housing units 236 Military housing units 0 Senior housing units 2763
39	37	AEW Capital Management, L.P.	30320	28741	Jeffrey Furber	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Jeffrey Furber Company Website www.aew.com Other Lists Top Owner 2022 Housing Units Breakdown Senior housing units 3377
40	38	Eaton Vance Management	30300	27703	Andrew Frenette	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Andrew Frenette Company Website www.eatonvancerealestate.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 30300
41		The Millennia Companies	30164	29283	Frank Sinito	Cleveland	OH
Historical Data Regions of Operation Corporate Officer(s) Frank Sinito Company Website www.themillenniacompanies.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 6483
42	36	Westdale Real Estate Investment & Management	29598	29196	Joseph Beard	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Joseph Beard Company Website www.westdale.com Other Lists Top Owner 2022
43		CWS Capital Partners	29354	29302	Steve Sherwood	Austin	TX
Historical Data Regions of Operation Corporate Officer(s) Steve Sherwood Company Website www.cwsapartments.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 29354 Student housing units 232 Military housing units 0 Senior housing units 220
44		Berkshire Residential	28248	23350	Alan P. King	Boston	MA
Historical Data Regions of Operation Corporate Officer(s) Alan P. King Company Website www.berkshireresi.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 28248
45	39	AIR Communities	27067	26589	Terry Considine	Denver	CO
Historical Data Regions of Operation Corporate Officer(s) Terry Considine Company Website www.aircommunities.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 27067 Student housing units 0 Military housing units 0 Senior housing units 0
46		CARROLL	27019	24591	M. Patrick Carroll	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) M. Patrick Carroll Company Website www.carrollorg.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 27019
47	42	Northland	26519	26092	Matthew Gottesdiener	Newton	MA
Historical Data Regions of Operation Corporate Officer(s) Matthew Gottesdiener Company Website www.northland.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 26519 Student housing units 0 Military housing units 0 Senior housing units 0
48	45	Sentinel Real Estate Corporation	26500	26000	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 2022 Housing Units Breakdown Market rate units 26500 Student housing units 0 Military housing units 0 Senior housing units 0
49	48	JRK Property Holdings	26464	25273	Jim Lippman & Bobby Lee	Los Angeles	CA
Historical Data Regions of Operation Corporate Officer(s) Jim Lippman & Bobby Lee Company Website www.jrk.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 25871
50		Waterton	25898	21920	David Schwartz	Chicago	IL
Historical Data Regions of Operation Corporate Officer(s) David Schwartz Company Website www.waterton.com Other Lists Top Owner 2022 Housing Units Breakdown Market rate units 25416

Read an analysis of the 2022 Top Owners Rankings >>>

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

Historical Data

Historical data for each company reflects only years the company previously qualified for the NMHC 50 lists.

View all definitions and the methodology behind NMHC 50 lists.

NMHC 50 Largest Apartment Owners

Starwood Capital Group

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

MAA

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Morgan Properties

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

AvalonBay Communities, Inc.

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

Equity Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

The Related Companies, LP

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

Nuveen Real Estate

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

Monarch Investment & Management Group

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

PGIM Real Estate

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Housing Units Breakdown

The Irvine Company

Historical Data