The following is a condensed version of the apartment owners portion of the 2007 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and managers published in NREI's April issue. The companies below are ranked according to the number of apartment units in which they had an ownership interest as of Jan. 1, 2007.
- AIMCO
Headquarters:
Denver, CO
CEO: Terry Considine
Apartments with Ownership
Interest: 211,800 - MMA Financial LLC
Headquarters:
Baltimore, MD
CEO: Michael L. Falcone
Apartments with Ownership
Interest: 177,062 - Equity Residential
Headquarters:
Chicago, IL
CEO: David J. Neithercut
Apartments with Ownership
Interest: 165,716 - Boston Capital Corp.
Headquarters:
Boston, MA
CEO: Jack Manning
Apartments with Ownership
Interest: 156,758 - SunAmerica Affordable Housing Partners Inc.
Headquarters:
Los Angeles, CA
CEO: Michael L. Fowler
Apartments with Ownership
Interest: 145,224 - Archstone-Smith
Headquarters:
Englewood, CO
CEO: R. Scot Sellers
Apartments with Ownership
Interest: 84,176 - The Enterprise Community Investment, Inc.
Headquarters:
Columbia, MD
CEO: Jeffrey H. Donahue
Apartments with Ownership
Interest: 82,270 - The Richman Group Affordable Housing Corp.
Headquarters:
Greenwich, CT
CEO: Richard P. Richman
Apartments with Ownership
Interest: 74,517 - United Dominion Realty Trust Inc.
Headquarters:
Littleton, CO
CEO: Thomas W. Toomey
Apartments with Ownership
Interest: 70,339 - GE Real Estate
Headquarters:
Stamford, CT
CEO: Michael Pralle
Apartments with Ownership
Interest: 67,561 - PNC MultiFamily Capital
Headquarters:
Portland, OR
CEO: Don Giffen
Apartments with Ownership
Interest: 64,013 - Camden Property Trust
Headquarters:
Houston, TX
CEO: Warren Rose
Apartments with Ownership
Interest: 63,843 - Edward Rose Building Enterprise
Headquarters:
Farmington Hills, MI
CEO: Sheldon Rose
Apartments with Ownership
Interest: 53,195 - American Management Services (dba Pinnacle)
Headquarters:
Seattle, WA
CEO: Stan J. Harrelson
Apartments with Ownership
Interest: 50,514 - Fairfield Residential LLC
Headquarters:
San Diego, CA
CEO: Christopher E. Hashioka
Apartments with Ownership
Interest: 50,450 - AvalonBay Communities Inc.
Headquarters:
Alexandria, VA
CEO: Bryce Blair
Apartments with Ownership
Interest: 48,294 - BlackRock Realty
Headquarters:
Florham Park, NJ
CEO: Fred Lieblich
Apartments with Ownership
Interest: 48,135 - Lincoln Property Co.
Headquarters:
Dallas, TX
CEO: J. Timothy Byrne
Apartments with Ownership
Interest: 46,938 - Wachovia
Headquarters:
Charlotte, NC
CEO: Brett Smith
Apartments with Ownership
Interest: 46,351 - Sentinel Real Estate Corporation
Headquarters:
New York, NY
CEO: John H. Streicker
Apartments with Ownership
Interest: 45,293 - WNC & Associates, Inc.
Headquarters:
Irvine, CA
CEO: Wilfred N. Cooper Jr.
Apartments with Ownership
Interest: 44,644 - Alliance Holdings, LLC
Headquarters:
Chicago, IL
CEO: Andrew W. Schor
Apartments with Ownership
Interest: 41,517 - Forest City Residential Group, Inc.
Headquarters:
Cleveland, OH
CEO: Ronald A. Ratner
Apartments with Ownership
Interest: 41,503 - Michaels Development Co.
Headquarters:
Marlton, NJ
CEO: Michael J. Levitt
Apartments with Ownership
Interest: 41,381 - CnC Investments Ltd., LLP
Headquarters:
Houston, TX
CEO: Charlie Yalamanchili
Apartments with Ownership
Interest: 40,330
