Rank (vs 2017)
Company Info
Executive Contact
Affordable Housing Substantial Rehabs in 2018
Regions
Org Type
1 (1)
DOMINIUM Plymouth, MN website
Paul Sween, managing partner, and Mark Moorhouse, senior vice president and partner
2,488
MW, SC, SE, W
For-profit
Dominium completed substantial rehabilitations on 13 developments with 2,488 units in 2018.
2 (7)
THE HALLMARK COS. Atlanta, GA website
Martin H. Petersen, president
1,868
SE
For-profit
Hallmark completed preservation rehabs in Florida and Alabama and started preservation rehabs in Georgia last year.
3 (2)
LIHC INVESTMENT GROUP Portland, ME website
Marci Booth, CFO
1,785
National
For-profit
The firm substantially rehabbed five projects in 2018, with plans to do another five this year.
4 (6)
PRESERVATION PARTNERS DEVELOPMENT Torrance, CA website
Chuck Treatch, CEO
1,587
MW, NE, SE, W
For-profit
The firm acquired and is currently rehabilitating a 458-unit multifamily project in Atlanta.
5 (3)
THE MILLENNIA COS. Cleveland, OH website
Frank Sinito, CEO
1,397
MW, NE, SC, SE
For-profit
Millennia substantially rehabbed seven projects last year, with seven more planned for 2019.
6 (5)
STEELE PROPERTIES Denver, CO website
David Asarch, chief investment officer and partner
1,064
National
For-profit
Steele Properties substantially rehabbed seven developments in 2018 and anticipates doing seven more this year.
7 (new)
THE NHP FOUNDATION New York, NY website
Thomas G. Vaccaro, senior vice president and corporate secretary
1,060
MW, NE, SC, SE
Nonprofit
In 2019, the firm is undertaking a massive renovation of the historic Mark Twain Hotel, its first SRO property in Chicago.
8 (new)
FAIRSTEAD AFFORDABLE New York, NY website
John Tatum, partner
1,040
National
For-profit
In 2018, Fairstead completed a full gut rehab of the 100-unit St. Marks Apartments in Oakland, Calif., while successfully executing a full seismic retrofit of the 1908 building.
9 (new)
CAPITAL REALTY GROUP Spring Valley, NY website
Moshe Eichler and Sam Horowitz, principals
1,015
National
For-profit
The firm secured a city loan and federal and state housing tax credits to acquire and renovate the Sir Walter Raleigh Apartments in Raleigh, N.C. Additional affordable units and amenities will be added to the seniors project.
10 (new)
THE MICHAELS ORGANIZATION Marlton, NJ website
John J. O'Donnell, CEO
957
National
For-profit
The firm will continue to recapitalize and preserve many of its portfolio assets, particularly those in rural California, where it completed a major portfolio acquisition a few years ago.