The following list is a condensed version of the apartment management portion of the 2003 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and the 50 largest U.S. apartment managers published in NREI's April issue. The companies below are ranked according to the number of apartment units they managed as of Jan. 1, 2003.

  1. Apartment Investment and Management Co.
    Headquarters:
    Denver, CO
    CEO: Terry Considine
    Apartments With Management Interest: 309,000
  2. Equity Residential
    Headquarters:
    Chicago, IL
    CEO: Bruce W. Duncan
    Apartments With
    Management Interest: 219,337
  3. Pinnacle Realty Management Co.
    Headquarters:Seattle, WA
    CEO: Stan J. Harrelson
    Apartments With
    Management Interest: 115,001
  4. Archstone-Smith
    Headquarters:
    Englewood, CO
    CEO: R. Scot Sellers
    Apartments With
    Management Interest: 109,990
  5. Lincoln Property Co.
    Headquarters:
    Dallas, TX
    CEO: J. Timothy Byrne
    Apartments With
    Management Interest: 101,683
  6. Trammell Crow Residential
    Headquarters:
    Atlanta, GA
    CEO: J. Ronald Terwilliger
    Apartments with Management Interest: 74,467
  7. United Dominion Realty Trust Inc.
    Headquarters:
    Richmond, VA
    CEO: Thomas W. Toomey
    Apartments With
    Management Interest: 72,972
  8. Lefrak Organization Inc.
    Headquarters:
    Rego Park, NY
    CEO: Samuel J. LeFrak
    Apartments With Management Interest: 71,000
  9. Sentinel Real Estate Corp.
    Headquarters:
    New York, NY
    CEO: John H. Streicker
    Apartments With
    Management Interest: 63,775
  10. Alliance Holdings LLC
    Headquarters:
    Chicago, IL
    CEO: Andrew W. Schor
    Apartments With
    Management Interest: 57,513
  11. Whitehall Funds
    Headquarters:
    New York, NY
    CEO: Daniel Neidich
    Apartments With
    Management Interest: 53,761
  12. Fairfield Residential LLC
    Headquarters:
    San Diego, CA
    CEO: Christopher E. Hashioka
    Apartments With
    Management Interest: 53,299
  13. Camden Property Trust
    Headquarters:
    Houston, TX
    CEO: Richard J. Campo
    Apartments With
    Management Interest: 52,075
  14. Home Properties
    Headquarters:
    Rochester, NY
    CEO: Norman P. Leenhouts/Nelson B. Leenhouts
    Apartments With
    Management Interest: 51,905
  15. Edward Rose Building Enterprise
    Headquarters:
    Farmington Hills, MI
    CEO: Sheldon Rose
    Apartments With
    Management Interest: 47,049
  16. ConAm Group of Companies
    Headquarters:
    San Diego, CA
    CEO: Daniel J. Epstein
    Apartments With
    Management Interest: 45,836
  17. Greystar Real Estate Partners LLC
    Headquarters:
    Charleston, SC
    CEO: Robert A. Faith
    Apartments With
    Management Interest: 45,191
  18. Gables Residential Trust
    Headquarters:
    Boca Raton, FL
    CEO: Chris D. Wheeler
    Apartments With
    Management Interest: 44,859
  19. WinnResidential
    Headquarters:
    Boston, MA
    CEO: Samuel Ross
    Apartments With
    Management Interest: 42,862
  20. AvalonBay Communities Inc.
    Headquarters:
    Alexandria, VA
    CEO: Bryce Blair
    Apartments With
    Management Interest: 39,908
  21. WMC Management Co. LLC
    Headquarters:
    Addison, TX
    CEO: John B. Bartling
    Apartments With
    Management Interest: 39,595
  22. Milstein Properties
    Headquarters:
    New York, NY
    CEO: Howard P. Milstein
    Apartments With
    Management Interest: 37,000
  23. Mid-America Apartment Communities Inc.
    Headquarters:
    Memphis, TN
    CEO: H. Eric Bolton, Jr.
    Apartments With
    Management Interest: 33,923
  24. Colson & Colson/Holiday Retirement Corp.
    Headquarters:
    Salem, OR
    CEO: William E. Colson
    Apartments with
    Management Interest: 32,889
  25. LEDIC Management Group Inc.
    Headquarters:
    Memphis, TN
    CEO: L. Brent Garrett
    Apartments with
    Management Interest: 32,866