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.
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(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.