The following is a condensed version of the apartment management portion of the 2007 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and 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, 2007.

  1. AIMCO

    Headquarters:
    Denver, CO
    CEO: Terry Considine
    Apartments with Management
    Interest: 209,412

  2. Equity Residential

    Headquarters:
    Chicago, IL
    CEO: David J. Neithercut
    Apartments with Management
    Interest: 165,716

  3. Apartment Investment and Management Co.

    Headquarters:
    Denver, CO
    CEO: Stan Harrelson
    Apartments with Management
    Interest: 144,327

  4. Lincoln Property Co.

    Headquarters:
    Dallas, TX
    CEO: J. Timothy Byrne
    Apartments with Management
    Interest: 126,104

  5. CAS, Riverstone/Banyan

    Headquarters:
    Dallas, TX and Rockville, MD
    CEO: Christine Freeland
    Apartments with Management
    Interest: 91,250

  6. Archstone-Smith

    Headquarters:
    Englewood, CO
    CEO: R. Scot Sellers
    Apartments with Management
    Interest: 84,176

  7. Greystar Real Estate Partners LLC

    Headquarters:
    Charleston, SC
    CEO: Robert A. Faith
    Apartments with Management
    Interest: 80,911

  8. United Dominion Realty Trust Inc.

    Headquarters:
    Littleton, CO
    CEO: Thomas W. Toomey
    Apartments with Management
    Interest: 70,339

  9. Wachovia

    Headquarters:
    Charlotte, NC
    CEO: Brett Smith
    Apartments with Management
    Interest: 69,558

  10. WinnCompanies

    Headquarters:
    Boston, MA
    CEO: Samuel Ross
    Apartments with Management
    Interest: 65,087

  11. Camden Property Trust

    Headquarters:
    Houston, TX
    CEO: Richard J. Campo
    Apartments with Management
    Interest: 64,063

  12. Fairfield Residential LLC

    Headquarters:
    San Diego, CA
    CEO: Christopher E. Hashioka
    Apartments with Management
    Interest: 58,348

  13. Edward Rose Building Enterprise

    Headquarters:
    Farmington Hills, MI
    CEO: Warren Rose
    Apartments with Management
    Interest: 50,937

  14. Capstone Real Estate Services, Inc.

    Headquarters:
    Austin, TX
    CEO: James W. Berkey
    Apartments with Management
    Interest: 50,597

  15. AvalonBay Communities Inc.

    Headquarters:
    Alexandria, VA
    CEO: Bryce Blair
    Apartments with Management
    Interest: 48,294

  16. BlackRock Realty

    Headquarters:
    Florham Park, NJ
    CEO: Fred Lieblich
    Apartments with Management
    Interest: 48,135

  17. The ConAm Group of Cos.

    Headquarters:
    San Diego, CA
    CEO: J. Bradley Forrester
    Apartments with Management
    Interest: 46,501

  18. Sentinel Real Estate Corporation

    Headquarters:
    New York, NY
    CEO: John H. Streicker
    Apartments with Management
    Interest: 45,293

  19. FPI Management Inc.

    Headquarters:
    Folsom, CA
    CEO: Dennis Treadaway
    Apartments with Management
    Interest: 44,288

  20. Picerne Real Estate Group

    Headquarters:
    Warwick, RI
    CEO: David R. Picerne
    Apartments with Management
    Interest: 42,016

  21. Alliance Holdings, LLC

    Headquarters:
    Chicago, IL
    CEO: Andrew W. Schor
    Apartments with Management
    Interest: 41,517

  22. Michaels Development Co.

    Headquarters:
    Marlton, NJ
    CEO: Michael J. Levitt
    Apartments with Management
    Interest: 41,381

  23. Alliance Residential Company

    Headquarters:
    Phoenix, AZ
    CEO: Bruce Ward
    Apartments with Management
    Interest: 41,201

  24. Colonial Properties Trust

    Headquarters:
    Birmingham, AL
    CEO: C. Reynolds Thompson, III
    Apartments with Management
    Interest: 40,571

  25. Mid-America Apartment Communities Inc.

    Headquarters:
    Memphis, TN
    CEO: H. Eric Bolton, Jr.
    Apartments with Management
    Interest: 40,293