Rank (vs 2017)
Company Info
Executive Contact
Affordable Housing Units Acquired in 2018
Regions
Org Type
1 (new)
STARWOOD CAPITAL GROUP Washington, DC website
Andres Panza, vice president
5,519
National
For-profit
Starwood Capital Group completed the acquisition of 5,519 affordable housing units in 2018.
2 (new)
MVAH PARTNERS West Chester, OH website
Brian McGeady and Michael Riechman, managing partners
5,429
MW, NE, SC, SE
For-profit
MVAH Partners completed the acquisition of the affordable housing business and portfolio from Miller-Valentine Group last year.
3 (new)
FITCH IRICK PARTNERS Charlotte, NC website
Hollis M. Fitch, CEO
5,013
SE
For-profit
The firm plans to acquire another 1,800 affordable housing units this year.
4 (new)
FAIRSTEAD AFFORDABLE New York, NY website
John Tatum, partner
4,615
National
For-profit
With the acquisition of 4,615 units across seven new markets, Fairstead Affordable grew its portfolio to 6,142 units in 2018.
5 (3)
THE MILLENNIA COS. Cleveland, OH website
Frank Sinito, CEO
3,854
MW, NE, SC, SE
For-profit
Millennia's primary accomplishment of 2018 was completing the acquisition of a significant portion of the Global Ministries Foundation portfolio.
6 (6)
DOMINIUM Plymouth, MN website
Paul Sween, managing partner, and Mark Moorhouse, senior vice president and partner
3,731
MW, SC, SE, W
For-profit
Dominium’s affordable-acquisitions activity grew from 16 projects with 2,984 units in 2017 to 18 projects with 3,731 units in 2018.
7 (new)
L+M DEVELOPMENT PARTNERS New York, NY website
Lisa Gomez, COO
2,412
NE, SC, W
For-profit
L+M acquired a 48-acre property in San Jose, Calif., with 700 affordable units.
8 (new)
COMMUNITY PRESERVATION PARTNERS Irvine, CA website
Anand Kannan, president
2,013
NE, W
For-profit
The firm successfully closed deals in three new states—New York, Utah, and Virginia—with goals of expanding even further geographically in 2019.
9 (new)
SOUTHPORT FINANCIAL SERVICES Tampa, FL website
Paul C. Fortino, senior vice president
2,005
SC, SE, W
For-profit
The firm plans to acquire 10 developments with over 1,000 units in 2019.
10 (new)
THE HALLMARK COS. Atlanta, GA website
Martin H. Petersen, president
1,904
SE
For-profit
Hallmark's development activities increased due to a portfolio acquisition in Georgia last year.