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