RANK
(VS. 2013)		 COMPANY INFO EXECUTIVE CONTACT 2014 STARTS
COMPLETIONS		 REGION(S) ORG. TYPE Company Fact
1
(6)		 THE MICHAELS ORGANIZATION
3 E. Stow Road, Suite 100; P.O. Box 994; Marlton, NJ 08053
(856) 596-3008 | www.themichaelsorg.com		 John O'Donnell, president 1,296
1,605		 National For-profit The Michaels Organization tops the developers list after starting construction on seven new projects with 1,296 affordable units in 2014.
2
(1)		 THE NRP GROUP
5309 Transportation Blvd.; Cleveland, OH 44125
(216) 475-8900 | www.nrpgroup.com		 J. David Heller and T. Richard Bailey, partners 1,154
948		 National For-profit The firm started 3,338 affordable and luxury market-rate units encompassing $525 million in total development costs last year.
3
(22)		 CONIFER REALTY
1000 University Ave., Suite 500; Rochester, NY 14607
(585) 324-0571 | www.coniferllc.com		 Andrew I. Crossed, executive vice president 853
468		 MW, NE For-profit Conifer, which is celebrating its 40th anniversary this year, plans to start construction on 11 new affordable housing developments.
4
(10)		 McCORMACK BARON SALAZAR
720 Olive St., Suite 2500; St. Louis, MO 63101
(314) 621-3400 | www.mccormackbaron.com		 Kevin J. McCormack, president 765
647		 National For-profit The firm's 765 units started in 2014 is a 48% increase over 2013 levels.
5
(15)		 PENNROSE PROPERTIES
1301 N. 31st St.; Philadelphia, PA 19121
(267) 386-8600 | www.pennrose.com		 Mark H. Dambly, president 748
582		 MW, NE, SE For-profit After starting 10 new construction projects in 2014, Pennrose plans to start 18 developments this year.
6
(4)		 THE WODA GROUP
229 Huber Village Blvd., Suite 100; Westerville, OH 43081
(614) 396-3200 | www.wodagroup.com		 Jeffrey Woda and David Cooper Jr., principals 723
386		 MW, NE, SE For-profit The Woda Group received 17 new low-income housing tax credit
(LIHTC) awards last year.
7
(new)		 ODYSSEY RESIDENTIAL
5420 LBJ Freeway, Suite 1355; Dallas, TX 75240
(972) 701-5558 | www.odysseyresidentialconstruction.com		 Melissa Adami, president 708
100		 MW, SC, W For-profit In 2014, Odyssey completed or had funding for more than 1,000 units for the first time since 2005.
8
(23)		 ROEM CORP.
1650 Lafayette St.; Santa Clara, CA 95050
(408) 984-5600 | www.roemcorp.com		 Robert Emami, president and CEO 611
0		 W For-profit ROEM achieved high LEED certifications for five projects and is pursuing LEED for an additional three developments.
9
(17)		 PINNACLE HOUSING GROUP
9400 S. Dadeland Blvd., Suite 100; Miami, FL 33156
(305) 854-7100 | www.pinnaclehousing.com		 David Deutch, partner 586
374		 SC, SE For-profit Pinnacle started six developments in 2014 and plans to start another six this year.
10
(7)		 THE PACIFIC COS.
430 E. State St., Suite 100; Eagle, ID 83616
(208) 461-0022 | www.tpchousing.com		 Caleb Roope, president and CEO 563
236		 W For-profit In addition to its affordable housing, the firm closed market-rate projects in Hanford, Porterville, and Long Beach, Calif.
11
(21)		 MILLER-VALENTINE GROUP
9349 Waterstone Blvd.; Cincinnati, OH 45249
(513) 588-1000 | www.mvg.com		 Brian McGeady, president, MV Affordable Housing Development 540
348		 MW, NE, SC, SE For-profit The firm plans to spend more time looking for market-rate developments this year to complement its affordable housing business.
12
(5)		 BRIDGE HOUSING CORP.
600 California St., Suite 900; San Francisco, CA 94108
(415) 989-1111 | www.bridgehousing.com		 Cynthia A. Parker, president and CEO 513
485		 W Nonprofit BRIDGE expanded to the Pacific Northwest, with 794 units acquired and 155 units under construction in 2014.
12
(new)		 LDG DEVELOPMENT
1469 54th St.; Louisville, KY 40208
(502) 638-0534 | www.ldgdevelopment.com		 Chris Dischinger and Mark Lechner, co-owners 513
298		 MW, SC, SE For-profit LDG started construction on a 433-unit, multigenerational community in Austin, Texas, last year.
13
(12)		 REALTEX DEVELOPMENT CORP.
1101 S. Capital of Texas Highway, Suite F-200; Austin, TX 78746
(512) 306-9206 | www.realtexdevelopment.com		 Rick Deyoe, president 471
387		 SC, SE For-profit The firm continues to develop affordable housing while taking on more third-party construction and property maangement.
14
(2)		 RELATED CALIFORNIA
18201 Von Karman Ave., Suite 900; Irvine, CA 92612
(949) 660-7272 | www.relatedcalifornia.com		 Frank Cardone, president of Related California Affordable 445
418		 W For-profit Related California started four affordable housing projects in 2014 and plans to start 11 more this year.
15
(13)		 DOMINIUM
2905 Northwest Blvd., Suite 150; Plymouth, MN 55441
(763) 354-5500 | www.dominiumapartments.com		 Paul Sween and Armand Brachman, managing partners 412
260		 MW, SC, SE, W For-profit The firm recently started construction on The Cavanaugh in Crystal, Minn., one of several seniors housing developments Dominium has planned for the near future.
16
(19)		 CHELSEA INVESTMENT CORP.
5993 Avenida Encinas, Suite 101; Carlsbad, CA 92008
(760) 456-6000 | www.chelseainvestco.com		 James J. Schmid, CEO 401
265		 SE, W For-profit CIC closed on the financing for five affordable housing developments in 2014.
17
(new)		 TWG DEVELOPMENT
333 N. Pennsylvania St., Suite 100; Indianapolis, IN 46204
(317) 264-1833 | www.twgdev.com		 Joe Whitsett, principal 397
224		 MW For-profit TWG was awarded LIHTCs in both Iowa and Ohio, two states where it had hoped to expand.
18
(3)		 ATLANTIC PACIFIC COMMUNITIES
2950 S.W. 27th Ave., Suite 200; Miami, FL 33133
(305) 357-4700 | www.apcommunities.com		 Kenneth Naylor, COO 365
332		 NE, SC, SE, W For-profit APC won its first 9% LIHTC award in Texas and closed on its first affordable housing development in the District of Columbia in 2014.
19
(new)		 DUNN DEVELOPMENT CORP.
316 Douglass St., 2nd Floor; Brooklyn, NY 11217
(718) 388-9407 | www.dunndev.com		 Martin Dunn, president 358
221		 NE For-profit In addition to its affordable housing work, Dunn marked its first foray into market-rate homeownership projects last year.
20
(31)		 MERCY HOUSING
1999 Broadway, Suite 1000; Denver, CO 80202
(303) 830-3300 | www.mercyhousing.org		 Jane Graf, president and CEO 355
652		 National Nonprofit Mercy Housing started six new construction projects in 2014 and plans to start 11 more this year.
21
(new)		 MIDPEN HOUSING CORP.
303 Vintage Park Drive, Suite 250; Foster City, CA 94404
(650) 356-2900 | www.midpen-housing.org		 Matthew O. Franklin, president 341
85		 W Nonprofit MidPen has fortified its pipeline to have 577 units in construction this year.
22
(25)		 COLUMBIA RESIDENTIAL
1718 Peachtree St., N.W., Suite 684; Atlanta, GA 30309
(404) 874-5000 | www.columbiares.com		 Noel Khalil and Jim Grauley, principals 312
280		 SC, SE For-profit Columbia completed an off-site, new construction Rental Assistance Demonstration
(RAD) project in Decatur, Ga. last year.
23
(40)		 PRESTWICK COS.
3715 Northside Pkwy., Bldg. 200, Suite 175; Atlanta, GA 30327
(404) 949-3870 | www.prestwickcompanies.com		 Ken Blankenship, Darien Lee, and Jody Tucker, partners 302
384		 SC, SE For-profit Prestwick broke ground on its first market-rate deal in 2014.
24
(new)		 PIRHL
4949 Galaxy Parkway, Suite S; Warrensville Heights, OH 44128
(216) 378-9690 | www.pirhl.com		 David Burg and David Uram, managing members 270
174		 MW, NE, SE For-profit The firm added two active RAD deals, which are expected to close this year, to its pipeline.
25
(14)		 VOLUNTEERS OF AMERICA
1660 Duke St.; Alexandria, VA 22314
(703) 341-5095 | www.voa.org		 Patrick Sheridan, senior vice president of housing development 269
244		 National Nonprofit The nonrprofit closed and started construction on two new family properties in Anchorage and Juneau, Alaska.
26
(new)		 L+M DEVELOPMENT PARTNERS
1865 Palmer Ave., Suite 203; Larchmont, NY 10538
(914) 833-3000 | www.lmdevpartners.com		 Ron Moelis, CEO 239
553		 NE, SC, W For-profit L+M completed the first phase of its geographic expansion, with projects in San Francisco, New Orleans, and New Jersey.
27
(8)		 HERMAN & KITTLE PROPERTIES
500 E. 96th St., Suite 300; Indianapolis, IN 46240
(317) 805-1980 | www.hermankittle.com		 Jeffrey Kittle, president and CEO 224
182		 National For-profit The firm closed five 9% LIHTC deals, a 4% acquisition-rehab deal, and acquired 13 properties by means of replacing the general partner in 2014.
28
(new)		 BENEFICIAL COMMUNITIES
3550 S. Tamiami Trail, Suite 301; Sarasota, FL 34239
(941) 929-1270 | www.beneficialcom.com		 Donald Paxton, president 210
69		 National For-profit Beneficial, which focuses on seniors and veterans housing, owns more than 2,600 affordable units in 29 projects.
28
(new)		 FORE PROPERTY CO.
600 New Hampshire Ave., N.W.; Washington, DC 20037
(202) 965-1224 | www.foreproperty.com		 Rick Fore, chairman 210
0		 National For-profit Development activities picked up substantially for Fore in 2014, with five lease-ups in various phases in different states.
29
(16)		 THE COMMUNITY BUILDERS
95 Berkeley St., Suite 500; Boston, MA 02116
(617) 695-9595 | www.tcbinc.org		 Bart Mitchell, president and CEO 205
160		 MW, NE, SE Nonprofit TCB started construction on five new affordable housing developments in 2014 and plans to start six more this year.
30
(24)		 ENTERPRISE HOMES
312 N. Martin Luther King Jr. Blvd., Suite 300; Baltimore, MD 21201
(410) 332-7400 | www.enterprisehomes.com		 Chickie Grayson, president and CEO 203
220		 NE For-profit The firm began pre-development work on 68 affordable units in the Bromo Tower Arts and Entertainment District of Baltimore
30
(new)		 SKA MARIN
98 Cutter Mill Road, Suite 342 South; Great Neck, NY 11021
(516) 466-9581 | www.skamarin.com		 Stephanie Knepper, counsel and vice president 203
176		 NE For-profit SKA Marin, which specializes in seniors housing, closed on a Medicaid Redesign Team project in New York, 176 units for the chronically disabled in Manhattan.
30
(new)		 TRIANGLE DEVELOPMENT
102 First Choice Drive; Madison, MS 39110
(601) 853-9326 | www.triangledevelopmentllc.com		 Robert C. King, president and CEO 203
0		 SC, SE For-profit The firm, which began its affordable housing activities in 2013, closed and began construction on four 9% LIHTC projects in Mississippi last year.
31
(36)		 JAMBOREE HOUSING CORP.
17701 Cowan Ave., Suite 200; Irvine, CA 92614
(949) 263-8676 | www.jamboreehousing.com		 Laura Archuleta, president 202
154		 W Nonprofit Jamboree has started its own construction company to take on new construction and rehab projects in-house.
32
(new)		 HOUSING VISIONS
1201 E. Fayette St.; Syracuse, NY 13210
(315) 472-3820 | www.housingvisions.org		 Rebecca Newman, executive vice president 193
118		 NE Nonprofit The nonprofit expanded its footprint in 2014 to include the cities of Albany, Buffalo, and Niagara Falls in upstate New York.
33
(new)		 PICERNE REAL ESTATE GROUP
247 N. Westmonte Drive; Altamonte Springs, FL 32714
(407) 772-0200 | www.picernerealtygroup.com		 Robert M. Picerne, COO 182
11		 National For-profit Picerne started construction on three new affordable housing developments in 2014 and plans to start another three this year.
34
(9)		 AMCAL MULTI-HOUSING
30141 Agoura Road, Suite 100; Agoura Hills, CA 91301
(818) 706-0694 | www.amcalhousing.com		 Percival Vaz, CEO 178
274		 SC, W For-profit The firm recently received three LIHTC allocations in Texas as it expands into the state.
35
(new)		 OMNI NEW YORK
885 Second Ave., 31st Floor; New York, NY 10017
(646) 502-7192 | www.onyllc.com		 Megan Thomas, executive vice president and COO 176
0		 NE, W For-profit Omni, which has focused on acquisition-rehab projects, began its first large-scale new construction development in the Bronx.
36
(18)		 NORSTAR DEVELOPMENT USA
200 S. Division St.; Buffalo, NY 14204
(716) 847-1098 | www.norstarcompanies.com		 Linda Goodman, vice president 174
318		 MW, NE, SC, SE For-profit The company, which specializes in work with public housing authorities and nonprofit partners, started construction on three projects in 2014.
37
(39)		 COMMUNITY INVESTMENT STRATEGIES
1970 Brunswick Ave., Suite 100; Lawrenceville, NJ 08648
(609) 298-2229 | www.cisnj.com		 Christiana Foglio, owner and CEO 171
144		 NE For-profit Both of the firm's 2014 project starts utilize New Jersey Hurricane Sandy
(CDBG-DR) funds.
38
(49)		 WINNCOMPANIES
6 Faneuil Hall Marketplace; Boston, MA 02109
(617) 239-4554 | www.winnco.com		 Adam Stein, senior vice president, WinnDevelopment 165
216		 NE, SC, SE, W For-profit The company is partnering with a housing authority in Upstate New York to transform a historic schoool into housing.
39
(new)		 MADHOUSE DEVELOPMENT SERVICES
8311 Rockwood Lane; Austin, TX 78757
(512) 633-4037 | www.madhousedevelopment.net		 Henry Flores, president 160
180		 SC For-profit The firm completed construction on a $22 million, 180-unit project in 2014.
40
(new)		 USA PROPERTIES FUND
3200 Douglas Blvd., Suite 200; Roseville, CA 95661
(916) 773-6060 | www.usapropfund.com		 Geoffrey C. Brown, president 158
0		 W For-profit USA Properties broke ground on its first scattered-site project in Santa Rosa, Calif.
41
(16)		 THE ARKER COS.
15 Verbena Ave., Suite 100; Floral Park, NY 11001
(516) 277-9325 | www.arkercompanies.com		 Daniel Moritz, principal 156
65		 NE For-profit In 2014, Arker had its biggest year, in terms of total development costs, for projects closed, topping $200 million.
41
(new)		 COMMUNITY HOUSINGWORKS 2815 Camino del Rio S., Suite 350; San Diego, CA 92108
(619) 450-8709 | www.chworks.org		 Anne B. Wilson, senior vice president, housing and real estate finance 156
0		 W Nonprofit The nonprofit grew its multifamily pipeline of active projects by almost 70% last year.
42
(new)		 THOMAS SAFRAN & ASSOCIATES
11812 San Vicente Blvd., Suite 600; Los Angeles, CA 90049
(310) 820-4888 | www.tsahousing.com		 Tom Safran, chairman 152
40		 W For-profit The firm started construction in February 2014 on Veterans Village, a 44-unit affordable housing community in Glendale, Calif.
43
(26)		 EDEN HOUSING
22645 Grand St.; Hayward, CA 94541
(510) 582-1460 | www.edenhousing.org		 Linda Mandolini, president 151
142		 W Nonprofit In 2014, Eden closed on several new deals, including its South Hayward BART property that had been stalled due to the demise of California's redevelopment agencies.
44
(new)		 COSTELLO COS.
7409 S. Bitterroot Place; Sioux Falls, SD 57108
(605) 336-9131 | www.costelloco.com		 Joan Franken, managing director 150
142		 MW For-profit After starting three affordable housing projects in 2014, the firm plans to start three more this year.
44
(29)		 GORMAN & CO.
200 N. Main St.; OREGON, WI 53575
(608) 835-3900 | www.gormanusa.com		 Tom Capp, COO 150
173		 National For-profit In 2014, Gorman expanded to Colorado, built more non-LIHTC workforce housing, and increased its partnerships with public housing authorities.
45
(new)		 DAKOTA PARTNERS
1264 Main St.; Waltham, MA 02451
(781) 899-4002 | www.dakotapartners.net		 Marc Daigle and Roberto Arista, principals 145
63		 NE For-profit The firm completed two developments and started construction on three new projects in 2014.
46
(43)		 FLAHERTY & COLLINS PROPERTIES
8900 Keystone Crossing, Suite 1200; Indianapolis, IN 46240
(317) 816-9300 | www.flco.com		 Duane Miller, vice president of community development amd asset management 137
97		 National For-profit In 2014, the firm was busy building Downtown Terrace, a LIHTC development that will also bring the first health clinic to Pike County, Ind.
47
(new)		 COMMUNITY HOUSING PARTNERS
448 Depot St.; Christiansburg, VA 24073
(540) 382-2002 | www.communityhousingpartners.org		 Janaka Casper, president and CEO 136
8		 NE, SE Nonprofit CHP was awarded LIHTCs on three new construction projects and two preservation deals in 2014, including two RAD transactions.
48
(new)		 REACH COMMUNITY DEVELOPMENT
4150 S.W. Moody Ave.; Portland, OR 97239
(503) 231-0682 | www.reachcdc.org		 Dan Valliere, CEO 117
0		 W Nonprofit The nonprofit devoted significant time in 2014 to development opportunities in areas of growth outside of Portland city limits.
49
(new)		 BEAR DEVELOPMENT
4011 80th St.; Kenosha, WI 53142
(262) 842-0456 | www.beardevelopment.com		 S.R. Mills, president 109
24		 MW, SE, W For-profit Bear began converting a historic office building in downtown Milwaukee into 49 loft apartments last year.
50
(32)		 RETIREMENT HOUSING FOUNDATION
911 N. Studebaker Road; Long Beach, CA 90815
(562) 257-5100 | www.rhf.org		 Laverne R. Joseph, president and CEO 107
167		 National Nonprofit RHF had seven major projects under construction during 2014.