2023 Top Developers List

2023 Rankings

Download data sheet of list

Order list by:

Developer Rank 2023	Developer Rank 2022	Company Name	Units Started 2022	Units Started 2021	Corporate Officer	HQ City	HQ State
1	2	Alliance Residential	13480	11739	Jay Hiemenz	Scottsdale	AZ
Historical Data Regions of Operation Corporate Officer(s) Jay Hiemenz Company Website www.allresco.com Other Lists Top Owner 2023 Top Developer 2023 Top Builder 2023
2	1	Greystar Real Estate Partners, LLC	11351	14047	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 2023 Top Owner 2023 Top Developer 2023 Top Builder 2023
3	3	Mill Creek Residential	10877	7283	William C. MacDonald	Boca Raton	FL
Historical Data Regions of Operation Corporate Officer(s) William C. MacDonald Company Website www.millcreekplaces.com Other Lists Top Owner 2023 Top Developer 2023 Top Builder 2023
4	4	Wood Partners	10650	7242	Joe Keough & Patrick Trask	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) Joe Keough & Patrick Trask Company Website www.woodpartners.com Other Lists Top Developer 2023 Top Builder 2023
5	5	Trammell Crow Residential	9030	6602	Ken Valach & Kevin Dinnie	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Ken Valach & Kevin Dinnie Company Website www.crowholdings.com Other Lists Top Developer 2023 Top Builder 2023
6	11	Toll Brothers Apartment Living	5250	3621	John McCullough	Fort Washington	PA
Historical Data Regions of Operation Corporate Officer(s) John McCullough Company Website www.tollbrothersapartmentliving.com Other Lists Top Developer 2023
7	24	Quarterra Multifamily (fka LMC)	5224	2734	Todd Farrell	Charlotte	NC
Historical Data Regions of Operation Corporate Officer(s) Todd Farrell Company Website www.quarterra.com Other Lists Top Developer 2023 Top Builder 2023
8		JPI	5051	1225	Payton Mayes & Mollie Fadule	Irving	TX
Historical Data Regions of Operation Corporate Officer(s) Payton Mayes & Mollie Fadule Company Website www.jpi.com Other Lists Top Developer 2023 Top Builder 2023
9	9	The NRP Group	5024	3720	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 2023 Top Developer 2023 Top Builder 2023
10	6	D.R. Horton, Inc.	4954	4723	Chris Frandsen & Silas Graham	Arlington	TX
Historical Data Regions of Operation Corporate Officer(s) Chris Frandsen & Silas Graham Company Website www.drhorton.com Other Lists Top Developer 2023
11	18	Dominium	4609	3046	Paul Sween & Mark Moorhouse	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Paul Sween & Mark Moorhouse Company Website www.dominiumapartments.com Other Lists Top Manager 2023 Top Owner 2023 Top Developer 2023 Top Builder 2023
12	23	Hanover Company	4357	2380	Jim Fenwick	Houston	TX
Historical Data Regions of Operation Corporate Officer(s) Jim Fenwick Company Website www.hanoverco.com Other Lists Top Developer 2023
13		Hillpointe	3814	2444	Steven Campisi & Kelly Mahoney	Winter Park	FL
Historical Data Regions of Operation Corporate Officer(s) Steven Campisi & Kelly Mahoney Company Website www.hillpointe.com Other Lists Top Developer 2023 Top Builder 2023
14	12	The Bainbridge Companies	3646	3363	Richard Schechter	Wellington	FL
Historical Data Regions of Operation Corporate Officer(s) Richard Schechter Company Website www.bainbridgecompanies.com Other Lists Top Developer 2023 Top Builder 2023
15		Lincoln Property Company	3563	2134	Tim Byrne	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Tim Byrne Company Website www.lincolnapts.com Other Lists Top Manager 2023 Top Owner 2023 Top Developer 2023
16	15	Trinsic Residential Group	3498	3153	Brian J. Tusa	Dallas	TX
Historical Data Regions of Operation Corporate Officer(s) Brian J. Tusa Company Website www.trinsicresidential.com Other Lists Top Developer 2023 Top Builder 2023
17		Hines	3481	1877	Jeff Hines & Laura Hines-Pierce	Houston	TX
Historical Data Regions of Operation Corporate Officer(s) Jeff Hines & Laura Hines-Pierce Company Website www.hines.com Other Lists Top Developer 2023
18		Evolve Companies	3386	2444	Joe McKinney & Mike Winstead, Jr.	Greensboro	NC
Historical Data Regions of Operation Corporate Officer(s) Joe McKinney & Mike Winstead, Jr. Company Website www.evolvecos.com Other Lists Top Developer 2023 Top Builder 2023
19		Aventon Companies	3289	2303	Thomas Keady and Paul DeCain	Raleigh	NC
Historical Data Regions of Operation Corporate Officer(s) Thomas Keady and Paul DeCain Company Website www.aventoncompanies.com Other Lists Top Developer 2023
20		OHT Partners	3285	1664	Steve Oden & Craig Hughes	Austin	TX
Historical Data Regions of Operation Corporate Officer(s) Steve Oden & Craig Hughes Company Website www.ohtpartners.com Other Lists Top Developer 2023 Top Builder 2023
21	17	Northwood Ravin	2990	3047	David Ravin	Charlotte	NC
Historical Data Regions of Operation Corporate Officer(s) David Ravin Company Website www.nwrliving.com Other Lists Top Developer 2023 Top Builder 2023
22		Holland Partner Group	2968	1045	Clyde Holland	Vancouver	WA
Historical Data Regions of Operation Corporate Officer(s) Clyde Holland Company Website www.hollandpartnergroup.com Other Lists Top Developer 2023 Top Builder 2023
23		Hawthorne Residential Partners	2867	1258	Samantha Davenport	Greensboro	NC
Historical Data Regions of Operation Corporate Officer(s) Samantha Davenport Company Website www.HRPLiving.com Other Lists Top Manager 2023 Top Developer 2023
24		RangeWater Real Estate	2774	2372	Steven L. Shores	Atlanta	GA
Historical Data Regions of Operation Corporate Officer(s) Steven L. Shores Company Website www.liverangewater.com Other Lists Top Manager 2023 Top Developer 2023
25		Roers Companies	2675	946	Kent Roers & Brian Roers	Plymouth	MN
Historical Data Regions of Operation Corporate Officer(s) Kent Roers & Brian Roers Company Website www.roerscompanies.com Other Lists Top Developer 2023

Read an analysis of the 2023 Top Developers Rankings >>>

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.

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 25 Largest Developers

Alliance Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Greystar Real Estate Partners, LLC

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

Trammell Crow Residential

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Toll Brothers Apartment Living

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Quarterra Multifamily (fka LMC)

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

JPI

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

The NRP Group

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

D.R. Horton, Inc.

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Dominium

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Hanover Company

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

Hillpointe

Historical Data

Regions of Operation

Corporate Officer(s)

Company Website

Other Lists

The Bainbridge Companies