2018 NAHMA Affordable 100

How many housing units receive at least one form of federal subsidy in the United States today? The annual NAHMA Affordable 100 list provides this important data!

The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts. The NAHMA Affordable 100 list contributes vital data to the ongoing national dialogue on the future of federal funding for affordable housing. In an effort to accurately determine the portfolio of affordable units receiving federal subsidy in the United States, NAHMA publishes this annual listing of affordable units containing at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds.

NAHMA also presents two specialty lists – the 25 largest housing credit (LIHTC) property management companies, and the 25 largest Rural Development program property management companies (see the link below for more details).

<1-40> <41-80> <81-120> <Specialty Lists – LIHTC and RD>

Rank Management Company
(2017 rank shown in parentheses)
Headquarters Total Number of Units
Subsidized* Residential**
81. RLJ Management Co., Inc. (61) Columbus, OH 7,800 7,800
82.^ Omaha, NE 7,773 15,648
83.^ Pleasantville, NJ 7,505 8,300
84.^ Winterwood, Inc. (78) Lexington, KY 7,438 8,187
85. BSR Trust, LLC (72) Little Rock, AR 7,400 9,600
86. Evergreen Real Estate Services, LLC Chicago, IL 7,334 7,716
87. Atlanta, GA 7,326 7,326
88. MidPen Property Management Corporation (83) Foster City, CA 7,207 7,207
89. Greystar (56) Charleston, SC 7,191 426,378
90.^ LHP Management, LLC (74) Knoxville, TN 7,013 7,013
91. Cumming, GA 6,940 8,868
92. AWI Management Corporation (85) Auburn, CA 6,937 6,938
93.^ Housing Management Resources (76) North Quincy, MA 6,886 8,000
94.^ Weatogue, CT 6,832 7,479
95.^ Residential One, LLC (80) Columbia, MD 6,808 7,480
96. Intermark Management Columbia, SC 6,777 9,062
97.^ Alco Management, Inc. (84) Memphis, TN 6,767 7,460
98. RY Management Company, LLC (82) New York, NY 6,750 9,000
99. Steadfast Companies (87) Irvine, CA 6,749 36,614
100. Peak Living, LLC Provo, UT 6,481 15,925
101. Capreit Residential Management Rockville, MD 6,434 14,787
102. Forest City Residential Management, Inc. (69) Cleveland, OH 6,374 18,910
103. The Reliant Group San Francisco, CA 6,359 9,552
104.^ Community Housing Partners (90) Richmond, VA 6,311 6,560
105.^ HallKeen Management (75) Norwood, MA 6,196 9,682
106.^ Warren, MI 6,166 6,166
107. The Integral Group (88) Atlanta, GA 6,100 6,800
108. Silver Tree Residential, LLC Memphis, TN 6,092 6,092
109. GK Management Co., Inc. (86) Culver City, CA 6,088 14,791
110. Monarch Properties Alberquerque, NM 6,044 8,220
111.^ Trinity Management, LLC (92) Boston, MA 5,991 6,975
112. Hercules Real Estate Services Virginia Beach, VA 5,761 8,923
113. Fairfield Residential (91) San Diego, CA 5,492 39,695
114.^ Monroe Group, Ltd. (112) Denver, CO 5,322 5,322
115. Medallion Management, Inc. Kalamazoo, MI 5,217 5,403
116. FOURMIDABLE (81) Bingham Farms, MI 5,215 7,997
117. Eagle Point Management, LLC South Portland, ME 5,104 5,144
118. Kirkpatrick Management Company Indianapolis, IN 5,087 6,658
119. Standard Enterprises, Inc. (95) Monroe, LA 5,010 5,246
120. Allied Residential (93) Renton, WA 5,009 9,849

<1-40> <41-80> <81-120> <Specialty Lists – LIHTC and RD>

^ A NAHMA Communities of Quality National Recognition Program Participant

* and ** All unit data represent only units directly managed (not owned) that were rented or available to rent on Dec. 1, 2017. Down units, abated units, units under construction or rehabbing units not available for rent are not included.

* Total affordable units managed. Federal programs only, including HUD, LIHTC, USDA, HOME and Bond programs. Data do not include state or local subsidy, public housing, tenant-based vouchers (Section 8 or RD tenant-protection vouchers), or federal mortgage insurance or loan guarantee programs. If a unit has more than one subsidy, it is counted only once.

** Total residential units managed (including market or affordable).

NAHMA would like to extend its sincere thanks to the NAHMA Affordable 100 Task Force, without whose hard work and support this survey would not be possible. In particular, sincere appreciation goes to task force chair Rue Fox, ResMan Software and vice chair Julie Reynolds, Navigate Affordable Housing Partners; Evelyn Arias, RealPage Inc.; Boone Atkins, Yardi Systems; Mike Coco, Choice Property Resources Inc.; Janel Ganim, Entrata; David Layfield, ApartmentSmart.com; Gustavo Sapiurka, RealPage Inc.; Bill Sullivan, IPM Software; John Yang, RentalHousingDeals.com Inc.; and Sarah Upchurch, RealPage Inc.

If you believe your company should be included in next year’s survey, please contact Jennifer Jones, jjones@nahma.org.