RANK (VS. 2013) |
COMPANY INFO | EXECUTIVE CONTACT | AFFORDABLE UNITS PROJECTS OWNED |
REGION(S) | ORG. TYPE | Company Fact |
---|---|---|---|---|---|---|
1 (1) |
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 | 46,662 367 |
National | For-profit | The Michaels Organization, which owns 367 affordable housing developments with 46,662 units, is the top owner based on the number of affordable housing units owned as of Jan. 1. |
2 (7) |
VOLUNTEERS OF AMERICA 1660 Duke St.; Alexandria, VA 22314 (703) 341-5095 | www.voa.org |
Patrick Sheridan, senior vice president of housing development | 19,426 484 |
National | Nonprofit | In 2014, the majority of developments taken on by the nonprofit were preservation projects while about 40% were new construction. |
3 (4) |
GHC HOUSING PARTNERS 15301 Ventura Blvd., Suite 570; Sherman Oaks, CA 91403 (818) 808-0600 | www.ghchousing.com |
Monique Lawshe, senior vice president | 19,346 170 |
National | For-profit | In 2014, GHC purchased senior housing developments from two different long-term nonprofits and worked to ensure the properties' affordability for residents. |
4 (6) |
MERCY HOUSING 1999 Broadway, Suite 1000; Denver, CO 80202 (303) 830-3300 | www.mercyhousing.org |
Jane Graf, president and CEO | 18,273 281 |
National | Nonprofit | Mercy launched a preservation initiative to acquire, in the next five years, 35 multifamily assets that are close to job centers and or public transportation. |
5 (8) |
NATIONAL CHURCH RESIDENCES 2335 N. Bank Drive; Columbus, OH 43220 (800) 388-2151 | www.ncr.org |
Michelle Norris, president, National Church Residences Development Corp. | 17,874 262 |
National | Nonprofit | The nonprofit owns affordable seniors housing in 28 states and Puerto Rico. |
6 (5) |
DOMINIUM 2905 Northwest Blvd., Suite 150; Plymouth, MN 55441 (763) 354-5500 | www.dominiumapartments.com |
Paul Sween and Armand Brachman, managing partners | 17,773 168 |
MW, SC, SE, W | For-profit | In recent years, the firm has completed a number of historic adaptive-reuse projects targeted to artists. |
7 (3) |
CASCADE AFFORDABLE HOUSING 2801 Alaska Way, Suite 200; Seattle, WA 98052 (206) 215-9700 | www.pinnacleliving.com |
Stewart Hill, director of partner relations | 15,334 83 |
National | For-profit | Cascade was known as Pinnacle Family of Cos. on last year's Top 50 owners list. |
8 (10) |
HUNT COS. 4401 N. Mesa St.; El Paso, TX 79902 (915) 533-1122 | www.huntcompanies.com |
Chris Hunt, CEO | 14,933 89 |
National | For-profit | In addition to being an owner, Hunt LEDIC Management Affiliates manages more than 24,000 affordable units for third-party clients. |
9 (9) |
HIGHRIDGE COSTA COS. 330 W. Victoria St.; Gardena, CA 90248 (424) 258-2800 | www.housingpartners.com |
Michael Costa, president and CEO | 14,192 139 |
W | For-profit | The company completed three acquisition-rehab projects and acquired an additional three affordable communities in 2014. |
10 (new) |
SOUTHPORT FINANCIAL SERVICES 1911 65th Ave. W.; Tacoma, WA 98466 (727) 669-3660 | N/A |
Michael Molinari, vice president | 14,118 155 |
National | For-profit | In the firm's history, it has developed 122 developments with 11,382 affordable units. |
11 (11) |
McCORMACK BARON SALAZAR 720 Olive St., Suite 2500; St. Louis, MO 63101 (314) 621-3400 | www.mccormackbaron.com |
Kevin J. McCormack, president | 13,563 123 |
National | For-profit | The company, which specializes in revitalizing distressed urban neighborhoods, plans to explore more housing opportunities for those earning in the 60% to 120% area median income range. |
12 (15) |
WINNCOMPANIES 6 Faneuil Hall Marketplace; Boston, MA 02109 (617) 239-4554 | www.winnco.com |
Adam Stein, senior vice president, WinnDevelopment | 13,148 89 |
NE, SC, SE, W | For-profit | 2014 was a major pipeline development year for Winn, which is expected to result in about 1,500 preservation starts and 225 affordable construction starts this year. |
13 (13) |
CONIFER REALTY 1000 University Ave., Suite 500; Rochester, NY 14607 (585) 324-0571 | www.coniferllc.com |
Andrew I. Crossed, executive vice president | 13,021 203 |
MW, NE | For-profit | Conifer relocated and expanded its headquarters to an historic industrial building that provides new, efficient, and innovative work space. |
14 (12) |
RETIREMENT HOUSING FOUNDATION 911 N. Studebaker Road; Long Beach, CA 90815 (562) 257-5100 | www.rhf.org |
Laverne R. Joseph, president and CEO | 12,911 149 |
National | Nonprofit | Specializing in affordable senior and family housing, RHF opened two communities last year. |
15 (14) |
THE NRP GROUP 5309 Transportation Blvd.; Cleveland, OH 44125 (216) 475-8900 | www.nrpgroup.com |
J. David Heller and T. Richard Bailey, partners | 11,964 114 |
National | For-profit | NRP reorganized its property management team in 2014, with the addition of experienced senior level operational and marketing employees. |
16 (24) |
THE MILLENNIA COS. 8111 Rockside Road; Cleveland, OH 44125 (216) 520-1250 | www.mhmtld.com |
Frank Sinito, president | 11,628 126 |
MW, NE, SC, SE | For-profit | The firm plans to accelerate acquisition, staff development, and revenue over the coming year. |
17 (16) |
AMERICAN COMMJNITY DEVELOPERS 2050 Harper Ave.; Detroit, MI 48225 (313) 881-8150 | www.acdmail.com |
Gerald A. Krueger, president | 11,490 84 |
MW, NE, SC, SE | For-profit | The company acquired two affordable housing developments in 2014 and plans to acquire two more this year. |
18 (22) |
PENNROSE PROPERTIES 1301 N. 31st St.; Philadelphia, PA 19121 (267) 386-8600 | www.pennrose.com |
Mark H. Dambly, president | 11,224 186 |
MW, NE, SE | For-profit | In 2014, Pennrose completed a landmark housing credit development aimed at LGBT seniors in Philadelphia. |
19 (17) |
BEACON COMMUNITIES 2 Center Plaza, Suite 700; Boston, MA 02108 (617) 574-1100 | www.beaconcommunitiesllc.com |
Pamela Goodman, CEO | 11,200 85 |
National | For-profit | In addition to starting construction on a new housing tax credit development, Beaon commenced rehab on 750 apartments last year. |
20 (20) |
BRIDGE HOUSING CORP. 600 California St., Suite 900; San Francisco, CA 94108 (415) 989-1111 | www.bridgehousing.com |
Cynthia A. Parker, president and CEO | 11,193 101 |
W | Nonprofit | BRIDGE completed the acquisition of 900 units in 2014. |
21 (18) |
THE HALLMARK COS. 3111 Paces Mill Road, Suite A-250; Atlanta, GA 30339 (770) 984-2100 N A |
Martin Petersen, president and CEO | 11,089 236 |
SE | For-profit | The firm hired construction management personnel to better manage projects once they are closed and under construction. |
22 (21) |
USA PROPERTIES FUND 3200 Douglas Blvd., Suite 200; Roseville, CA 95661 (916) 773-6060 | www.usapropfund.com |
Geoffrey C. Brown, president | 10,038 81 |
W | For-profit | USA Properties is working on two programs to bring health care to its senior housing properties. |
23 (37) |
GENE B. GLICK CO. 8425 Woodfield Crossing Blvd., Suite 300W; Indianapolis, IN 46240 (317) 469-0400 | www.genebglick.com |
David O. Barrett, president and CEO | 9,892 88 |
MW, NE, SC, SE | For-profit | The firm hopes to add approximately 800 units to its portfolio this year. |
24 (19) |
SILVER STREET DEVELOPMENT CORP. 33 Silver St., Suite 300; Portland, ME 04101 (207) 780-9800 | www.silver-street.net |
Christopher Poulin, COO | 9,648 68 |
National | For-profit | Silver Street recently completed the renovation of 204 units in two properties in Virginia. |
25 (29) |
HERMAN & KITTLE PROPERTIES 500 E. 96th St., Suite 300; Indianapolis, IN 46240 (317) 805-1980 | www.hermankittle.com |
Jeffrey Kittle, president and CEO | 9,622 80 |
National | For-profit | The firm worked to do second and third deals in market areas where it had an initial toehold. |
26 (25) |
AMBLING MANAGEMENT CO. 110 Ministry Drive, Suite D; Irmo, SC 29063 (229) 244-2800 | www.ambling.com |
Kimberly A. Barkwell, president | 9,491 83 |
National | For-profit | Ambling manages approximately 11,700 affordable housing units. |
27 (27) |
THE COMMUNITY BUILDERS 95 Berkeley St., Suite 500; Boston, MA 02116 (617) 695-9595 | www.tcbinc.org |
Bart Mitchell, president and CEO | 9,444 111 |
MW, NE, SE | Nonprofit | TCB recently developed and implemented a new tool to assess real estate investment decisions. |
28 (26) |
MILLER-VALENTINE GROUP 9349 Waterstone Blvd.; Cincinnati, OH 45249 (513) 588-1000 | www.mvg.com |
Brian McGeady, president, MV Affordable Housing Development | 9,380 105 |
MW, NE, SC, SE | For-profit | The firm completed construction on its first Oklahoma and Texas developments in 2014. |
29 (new) |
L+M DEVELOPMENT PARTNERS 1865 Palmer Ave., Suite 203; Larchmont, NY 10538 (914) 833-3000 | www.lmdevpartners.com |
Ron Moelis, CEO | 9,202 69 |
NE, SC, W | For-profit | L+M recently announced a new organizational structure to support the company's large growth. |
30 (31) |
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 | 9,097 223 |
MW, NE, SE | For-profit | The equity raised by the firm since its inception has exceeded $1.5 billion. |
31 (23) |
PICERNE REAL ESTATE GROUP 247 N. Westmonte Drive; Altamonte Springs, FL 32714 (407) 772-0200 | www.picernerealtygroup.com |
Robert M. Picerne, COO | 9,043 63 |
National | For-profit | The firm plans to focus on seniors housing in select markets to respond to upcoming demographic changes. |
32 (33) |
LAWLER WOOD HOUSING PARTNERS 900 S. Gay St., Suite 2000; Knoxville, TN 37902 (865) 244-4300 | www.lawlerwoodhousing.com |
Phillip O. Lawson, president and CEO | 8,922 63 |
MW, NE, SC, SE | For-profit | Lawler Wood completed eight affordable housing transactions in 2014. |
33 (36) |
VITUS GROUP 1700 Seventh Ave., Suite 2000; Seattle, WA 98101 (206) 832-1315 | www.vitusgroup.com |
Stephen R. Whyte, managing director | 8,736 94 |
National | For-profit | Vitus continued to expand its East Coast presence in 2014 with the conversion of a former school into housing in New Britain, Conn. |
34 (28) |
PRESERVATION OF AFFORDABLE HOUSING 40 Court St., Suite 700; Boston, MA 02108 (617) 261-9898 | www.poah.org |
Amy S. Anthony, president and CEO | 8,520 78 |
MW, NE, SC, SE | Nonprofit | POAH focuses on the preservation of at-risk multifamily housing to ensure their stewardship and affordability for the long term. |
35 (30) |
RELATED CALIFORNIA 18201 Von Karman Ave., Suite 900; Irvine, CA 92612 (949) 660-7272 | www.relatedcalifornia.com |
Frank Cardone, president of Related California Affordable | 8,399 64 |
W | For-profit | In addition to starting 445 affordable housing units, Related California acquired 475 units last year. |
36 (35) |
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 | 7,994 35 |
NE, W | For-profit | Omni recently completed the rehabilitation of Longwood Residences, a 361-unit property in the Bronx, N.Y. |
37 (38) |
THE PACIFIC COS. 430 E. State St., Suite 100; Eagle, ID 83616 (208) 461-0022 | www.tpchousing.com |
Caleb Roope, president and CEO | 7,901 141 |
W | For-profit | The firm started 937 affordable and market-rate units in 2014, the largest number in company history. |
38 (32) |
NATIONAL COMMUNITY RENAISSANCE 9421 Haven Ave.; Rancho Cucamonga, CA 91730 (909) 483-2444 | www.nationalcore.org |
Steve PonTell, president and CEO | 7,810 83 |
National | Nonprofit | The company completed construction on three new developments with 143 units in 2014. |
39 (40) |
T.M. ASSOCIATES MANAGEMENT 15825 Shady Grove Road, Suite 55; Rockville, MD 20850 (301) 365-9314 | www.tmamgroup.com |
Robert B. Margolis, CEO | 7,226 159 |
NE, SE | For-profit | T.M. Associates is seeking to expand its third-party management portfolio. |
40 (39) |
WALLICK COMMUNITIES 6880 Tussing Road; Reynoldsburg, OH 43068 (614) 552-5605 | www.wallick.com |
Tom Feusse, CEO | 6,888 95 |
MW | For-profit | In 2014, Wallick started preservation work on 1,493 units. |
41 (43) |
JAMBOREE HOUSING CORP. 17701 Cowan Ave., Suite 200; Irvine, CA 92614 (949) 263-8676 | www.jamboreehousing.com |
Laura Archuleta, president | 6,692 70 |
W | Nonprofit | Jamboree is working to make common areas more accessible to the neighborhood and not just residents, making them true community centers. |
42 (42) |
EAH HOUSING 2169 E. Francisco Blvd., Suite B; San Rafael, CA 94901 (415) 258-1800 | www.eahhousing.org |
Mary Murtagh, president and CEO | 6,638 73 |
W | Nonprofit | EAH completed the substantial rehabilitation of 196 units in two developments last year. |
43 (45) |
COLUMBIA RESIDENTIAL 1718 Peachtree St., N.W., Suite 684; Atlanta, GA 30309 (404) 874-5000 | www.columbiares.com |
Noel Khalil and Jim Grauley, principals | 6,463 53 |
SC, SE | For-profit | The firm's new Columbia Ventures focuses on urban mixed-use and predominantly market-rate housing developments. |
44 (44) |
MIDPEN HOUSING CORP. 303 Vintage Park Drive, Suite 250; Foster City, CA 94404 (650) 356-2900 | www.midpen-housing.org |
Matthew O. Franklin, president | 6,357 87 |
W | Nonprofit | MidPen's portfolio consists of approximately 68% family developments, 22% seniors housing, 5% special-needs housing, and 5% SROS. |
45 (new) |
CAPITAL REALTY GROUP 86 Route 59 East; Spring Valley, NY 10977 (845) 694-7074 | www.thecapitalrealty.com |
Max Kaufman, director of development | 6,190 44 |
National | For-profit | More than 90% of the firm's portfolio is project-based Sec. 8 housing. |
46 (new) |
EDEN HOUSING 22645 Grand St.; Hayward, CA 94541 (510) 582-1460 | www.edenhousing.org |
Linda Mandolini, president | 6,131 85 |
W | Nonprofit | Eden partnered with South County Housing to begin transitioning the latter's entire rental portfolio, about 1,500 units, to a jointly sponsored new ownership entity, Eden South County. |
47 (new) |
CSI SUPPORT AND DEVELOPMENT SERVICES 8425 E. Twelve Mile Road; Warren, MI 48093 (586) 753-9002 | www.csi.coop |
Nancy Evans, general manager | 6,058 58 |
National | Nonprofit | In 2014, CSI opened two new HUD PRAC buildings in Maryland and Michigan. |
48 (46) |
THE NHP FOUNDATION 122 E. 42nd St., Suite 3500; New York, NY 10168 (646) 336-4940 | www.nhpfoundation.org |
Thomas G. Vaccaro, senior vice president and secretary | 5,996 31 |
MW, NE, SC, SE | Nonprofit | The nonprofit strengthened its management team by adding new staff, expanding its board, and investing in leadership development. |
49 (49) |
PINNACLE HOUSING GROUP 9400 S. Dadeland Blvd., Suite 100; Miami, FL 33156 (305) 854-7100 | www.pinnaclehousing.com |
David Deutch, partner | 5,990 40 |
SC, SE | For-profit | In 2014, Pinnacle secured a housing credit allocation for a Rental Assistance Demonstration program conversion in Florida. |
50 (new) |
AHC 2240 Fairfax Drive; Arlington, VA 22201 (571) 236-5957 | www.ahcinc.org |
Stephen Smith, senior vice president | 5,966 43 |
NE, SE | Nonprofit | AHC partnered with the Housing Partnership Equity Trust to acquire a 228-unit mixed-income property in Montgomery County, Md. |