RANK
(VS. 2013)
COMPANY INFO EXECUTIVE CONTACT AFFORDABLE HOUSING UNITS ACQUIRED IN 2014 REGION(S) ORG. TYPE Company Fact
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L+M DEVELOPMENT PARTNERS
1865 Palmer Ave., Suite 203; Larchmont, NY 10538
(914) 833-3000 | www.lmdevpartners.com
Ron Moelis, CEO 2,290 NE, SC, W For-profit L+M tops the acquisition list, acquiring more than 2,200 units in five properties 2014.
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THE MILLENNIA COS.
8111 Rockside Road; Cleveland, OH 44125
(216) 520-1250 | www.mhmtld.com
Frank Sinito, president 2,245 MW, NE, SC, SE For-profit The firm specializes in project-based assistance and Year 15 acquisitions. It is projecting that it will acquire 40 projects this year.
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AVANATH CAPITAL MANAGEMENT
17901 Von Karman Ave., Suite 150; Irvine, CA 92614
(949) 269-4700 | www.avanath.com
Daryl Carter, chairman and CEO 1,851 National For-profit Avanath, which focuses on the acquisition of existing multifamily properties, acquired 10 properties last year.
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CAPITAL REALTY GROUP
86 Route 59 East; Spring Valley, NY 10977
(845) 694-7074 | www.thecapitalrealty.com
Max Kaufman, director of development 1,562 National For-profit The company, which focuses on family or elderly project-based Sec. 8 housing, acquired 10 projects in 2014.
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SOUTHPORT FINANCIAL SERVICES
1911 65th Ave. W.; Tacoma, WA 98466
(727) 669-3660 | N/A
Michael Molinari, vice president 1,226 National For-profit Southport acquired seven developments in 2014 and expects to acquire 11 this year.
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HERMAN & KITTLE PROPERTIES
500 E. 96th St., Suite 300; Indianapolis, IN 46240
(317) 805-1980 | www.hermankittle.com
Jeffrey Kittle, president and CEO 1,124 National For-profit In 2014, the firm acquired 15 developments, 13 by means of replacing the existing general partner at the request of investors.
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HUNT COS.
4401 N. Mesa St.; El Paso, TX 79902
(915) 533-1122 | www.huntcompanies.com
Chris Hunt, CEO 1,097 National For-profit Hunt . acquired 14 developments last year.
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BLVD CAPITAL
215 S. La Cienega Blvd., Suite 203; Beverly Hills, CA 90211
(323) 302-9610 | N/A
Robert Budman, principal 1,067 National For-profit BLVD Capital went from being primarily a market-rate owner in 2013 to owning more than 1,000 affordable housing units in 2014.
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GHC HOUSING PARTNERS
15301 Ventura Blvd., Suite 570; Sherman Oaks, CA 91403
(818) 808-0600 | www.ghchousing.com
Monique Lawshe, senior vice president 1,022 National For-profit The firm controls properties in 23 states throughout the nation. In 2014, it acquired eight projects.
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WALLICK COMMUNITIES
6880 Tussing Road; Reynoldsburg, OH 43068
(614) 552-5605 | www.wallick.com
Tom Feusse, CEO 1,013 MW For-profit Wallick acquired 19 projects last year and plans to acquire 24 more in 2015.