Rank
(vs 2017)
Company Info
Executive Contact
Affordable Housing Units Acquired in 2018
Regions
Org Type
1
(new)
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)
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.
The firm plans to acquire another 1,800 affordable housing units this year.
With the acquisition of 4,615 units across seven new markets, Fairstead Affordable grew its portfolio to 6,142 units in 2018.
Millennia's primary accomplishment of 2018 was completing the acquisition of a significant portion of the Global Ministries Foundation portfolio.
6
(6)
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.
L+M acquired a 48-acre property in San Jose, Calif., with 700 affordable units.
8
(new)
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)
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.
Hallmark's development activities increased due to a portfolio acquisition in Georgia last year.