Rank
(vs 2017)
Company Info
Executive Contact
2018
Starts / Completions
Regions
Org Type
The Pacific Cos. tops the developers list after starting construction on 15 affordable housing projects with 2,501 units in 2018.
2
(1)
Chris Dischinger and Mark Lechner, principals
2,274 / 1,424
SC, SE
For-profit
LDG Development anticipates starting 15 affordable housing projects with 3,000 units this year.
3
(3)
Paul Sween, managing partner, and Mark Moorhouse, senior vice president and partner
2,113 / 948
MW, SC, SE, W
For-profit
Dominium started work on 10 new-construction projects totaling 2,113 affordable units in 2018.
4
(4)
Melissa Fisher, president
1,552 / 564
SC, W
For-profit
The firm continues to help Texas with extensive disaster-recovery needs in Corpus Christi, Houston, and Rockport with development applications for CDBG-DR funds to restore lost housing stock.
5
(11)
J. David Heller, CEO
1,087 / 1,918
MW, NE, SC, SE
For-profit
The NRP Group’s 2018 originations totaled over 7,400 units, an increase of more than 125% from the prior year. This year’s goals include establishing a development presence in the Atlanta and Nashville markets.
6
(12)
Vince R. Bennett, president
1,032 / 677
National
For-profit
McCormack Baron Salazar hit a milestone in 2018, closing on its 200th development.
7
(22)
Louie A. Lange III, founder
1,011 / 892
MW, SC, SE, W
For-profit
Commonwealth merged with Mirus Partners in 2018. The combined companies operate under the Commonwealth name and maintain its Fond du Lac headquarters while establishing a corporate development office in Madison.
8
(2)
John J. O'Donnell, CEO
963 / 546
National
For-profit
In 2019, the firm is introducing a refreshed brand identity that better reflects its integrated capabilities in development, management, finance, and construction and that brings the individual operating companies under the brand name Michaels.
9
(9)
Jeffrey Kittle, president and CEO
946 / 689
National
For-profit
Herman & Kittle plans to enter Maryland, Virginia, and Washington, D.C., this year.
10
(new)
Buwa Binitie, managing principal
929 / 0
NE, SE
For-profit
The firm broke ground on four multifamily housing developments in the District of Columbia and New York City last year.
11
(26)
Cheri Hoffman, president
874 / 347
NE, W
For-profit
Chelsea completed the development of its 10,000th affordable home in 2018.
BFC closed on construction financing for a 440-unit, mixed-income development in Brooklyn’s Crown Heights neighborhood in 2018.
13
(6)
Jeffrey Woda and David Cooper Jr., managing directors
850 / 881
MW, NE, SE
For-profit
The firm completed its first multifamily property using Passive House–certified design standards in Ohio last year.
14
(5)
Mark H. Dambly, president
847 / 678
MW, NE, SC, SE
For-profit
Pennrose plans to start 19 developments with 3,185 units this year.
AMCAL entered the Washington state market with one project closing in 2018.
16
(31)
Kenneth Naylor, COO
701 / 263
National
For-profit
The firm closed financing on seven deals in 90 days during the fourth quarter of 2018.
17
(new)
Tom and Deborrah Willard, co-founders
681 / 253
National
Nonprofit
The firm recently closed its first modular deal: Hope on Alvarado, which will serve homeless families, is being built out of shipping containers in Los Angeles.
18
(18)
Brian Swanton, president and CEO
677 / 266
MW, SC, SE, W
For-profit
2018 was the most robust year in the company’s history in terms of number of closings, 11, and number of projects under construction, 18.
19
(32)
Matthew Rieger, president and CEO
673 / 464
SE, W
For-profit
In 2019, the company looks to expand its impact beyond Florida into communities in other states where the need is most dire—specifically, Arizona, Georgia, and Texas.
20
(10)
Lisa Gomez, COO
613 / 200
NE, SC, W
For-profit
L+M started construction last year on its largest self-built project to date, the 445-unit Coney Island Phase One, which will have 424 affordable units.
21
(15)
John Sullivan, vice president of tax credit development
569 / 72
National
For-profit
TWG closed on its first project in Colorado and was awarded its first projects in Georgia and Wisconsin last year.
The Arker Cos. is moving closer to the completion of a large rezoning in Queens, N.Y., where it hopes to build a mixed-use community with approximately 2,000 units of affordable housing.
23
(new)
Jody Tucker, founding partner and CEO
480 / 350
SE
For-profit
Prestwick plans to grow into the Alabama and North Carolina markets.
The nonprofit closed the first phase of a 1,700-unit downtown Far Rockaway, N.Y., redevelopment in 2018.
Jamboree plans to increase its activities in Northern California, the Inland Empire, and Los Angeles County in the coming years.
26
(19)
David Brint and Richard Sciortino, principals
366 / 356
MW, NE, SC, W
For-profit
In 2018, Brinshore worked on a three-phase development in Washington, D.C., with a historic rehab, mixed-income family housing, and for-sale townhomes.
27
(new)
Noel Khalil, chairman and CEO, and Jim Grauley, president and COO
364 / 494
SC, SE
For-profit
Columbia anticipates closing a very aggressive pipeline of nine new-construction and preservation projects totaling over 1,400 units this year.
Camber closed on nearly 1,600 units in nine transactions with a total capitalization of $500 million last year.
29
(46)
Patrick Sheridan, executive vice president of housing
353 / 144
National
Nonprofit
As the nonprofit has been focusing on places where it can have significant impact, it also looks to expand in the Austin, Dallas, and Houston markets of Texas; the Minneapolis and St. Paul markets; and Puerto Rico.
30
(14)
Jane Graf, president and CEO
342 / 425
MW, SC, SE, W
Nonprofit
The nonprofit will continue to develop its strategic plan, now more resident-centered, in preparation for its 2020 rollout.
31
(29)
Matthew O. Franklin, president and CEO
341 / 141
W
Nonprofit
In 2018, MidPen completed construction on and the successful lease-up of three new communities in California’s South Bay, Monterey Bay, and Santa Cruz coast totaling 141 units.
32
(new)
Shane Doran, vice president of public relations
318 / 0
SE
Nonprofit
Humanities Foundation’s food-pantry program delivered its 1 millionth meal to residents last year.
33
(16)
Cynthia A. Parker, president and CEO
306 / 72
W
Nonprofit
Celebrating its 35th anniversary last year, BRIDGE was selected for new developments in Los Angeles and San Diego.
34
(25)
James Silverwood, president and CEO
302 / 209
W
For-profit
The Southern California developer opened a branch office in San Jose to help further expansion in the Bay Area.
35
(24)
R.J. Pasquesi, president
300 / 325
MW, NE, SC, SE
For-profit
KCG closed its first two deals in Texas and received an allocation of state LIHTCs in Wisconsin for a 4% deal.
36
(20)
Duane Miller, vice president, community development and asset management
294 / 128
National
For-profit
Flaherty & Collins expects to close five projects with 290 units this year, with one of the developments in a new market—Ohio.
In 2018, RPM completed eight projects with 522 affordable housing units.
Beacon anticipates completing three developments with 383 affordable housing units this year.
The company’s total units developed since inception in 2014 now exceed 2,000.
Related California started construction on four developments with 289 affordable housing units last year.
40
(new)
Brian McGeady and Michael Riechman, managing partners
276 / 524
MW, NE, SC, SE
For-profit
MVAH Partners plans to launch an acquisitions platform to grow its portfolio at a more rapid rate.
41
(new)
David Burg and David Uram, managing directors
259 / 106
MW, NE, SE
For-profit
PIRHL entered New Jersey as well as expanded its portfolio in the Chicago metro area in Illinois last year.
42
(new)
Stephen Smith, executive vice president
256 / 161
NE, SE
Nonprofit
In 2018, AHC was awarded 9% LIHTCs for 113 new units in Virginia.
43
(new)
Mike Shohet, chief real estate development officer
242 / 120
W
Nonprofit
In 2018, the nonprofit opened three new communities with 612 family and senior units.
The firm plans to complete two developments with 240 affordable housing units this year.
44
(new)
Dustin T. Mills, president
240 / 80
NE, SE
For-profit
The firm nearly doubled the number of new units it received funding for in 2018 compared with the prior year and hopes to again double production in 2019.
45
(13)
Joan Hoover, executive vice president
239 / 413
NE
For-profit
Conifer has continued its focus on strategic acquisitions, redevelopment opportunities, and partnerships.
46
(35)
Paul C. Fortino, senior vice president
233 / 222
SC, SE, W
For-profit
Southport plans to start three developments with over 300 affordable housing units in 2019.
47
(38)
Lawrence H. Curtis, president and managing partner, WinnDevelopment
232 / 186
National
For-profit
After starting construction on three projects in 2018, Winn plans to start five more developments this year.
In 2018, Omni broke ground on its largest new-construction and first mixed-income development, Archer Green, in the Jamaica neighborhood of Queens, N.Y.
49
(30)
Michael Costa, president and CEO
211 / 264
National
For-profit
The firm expects its development business to double in 2019 and will be submitting several applications for new LIHTC allocations in California, Colorado, Hawaii, and Texas.
50
(new)
Roberto Arista and Marc Daigle, principals
197 / 108
NE, SE
For-profit
Dakota Partners started construction in 2018 on three major projects, one of which is a mixed-use development that includes commercial space and is being built to Passive House standards.
