The following list is a condensed version of the Apartment Management portion of the 2002 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 March issue. The companies below are ranked according to the number of apartment units they managed as of Jan. 1, 2002. | |
1. Apartment Investment and Management Company Headquarters: Denver, CO CEO: Terry Considine Apartments With Management Interest: 303,805 | |
2. Equity Residential Properties Trust Headquarters: Chicago, IL CEO: Douglas Crocker, II Apartments With Management Interest: 232,505 | |
3. Pinnacle Realty Management Company Headquarters: Seattle, WA CEO: Stan J. Harrelson Apartments With Management Interest: 113,546 | |
4. Lincoln Property Company Headquarters: Dallas, TX CEO: J. Timothy Byrne Apartments With Management Interest: 103,255 | |
5. Archstone-Smith Headquarters: Englewood, CO CEO: R. Scot Sellers Apartments With Management Interest: 103,000 | |
6. United Dominion Realty Trust, Inc. Headquarters: Richmond, VA CEO: Thomas W. Toomey Apartments With Management Interest: 77,567 | |
7. Trammell Crow Residential Headquarters: Atlanta, GA CEO: J. Ronald Terwilliger Apartments With Management Interest: 65,409 | |
8. Sentinel Real Estate Corporation Headquarters: New York, NY CEO: John H. Streicker Apartments With Management Interest: 62,737 | |
9. Whitehall Funds Headquarters: New York, NY CEO: Daniel Neidich Apartments With Management Interest: 58,000 | |
10. Alliance Holdings, L.L.C. Headquarters: Chicago, IL CEO: Andrew W. Schor Apartments With Management Interest: 52,691 | |
11. Camden Property Trust Headquarters: Houston, TX CEO: Richard J. Campo Apartments With Management Interest: 52,650 | |
12. Home Properties Headquarters: Rochester, NY CEO: Norman Leenhouts/Nelson Leenhouts Apartments With Management Interest: 49,734 | |
13. Fairfield Residential, L.L.C. Headquarters: San Diego, CA CEO: Christopher E. Hashioka Apartments With Management Interest: 49,230 | |
14. ConAm Group of Companies Headquarters: San Diego, CA CEO: Daniel J. Epstein Apartments With Management Interest: 48,000 | |
15. Edward Rose Building Enterprises Headquarters: Farmington Hills, MI CEO: Sheldon Rose Apartments With Management Interest: 45,820 | |
16. Gables Residential Trust Headquarters: Atlanta, GA CEO: Chris D. Wheeler Apartments With Management Interest: 45,267 | |
17. AvalonBay Communities, Inc. Headquarters: Alexandria, VA CEO: Bryce Blair Apartments With Management Interest: 41,589 | |
18. Lefrak Organization, Inc. Headquarters: Rego Park, NY CEO: Samuel J. Lefrak Apartments With Management Interest: 40,657 | |
19. Walden Headquarters: Dallas, TX CEO: John B. Bartling Apartments With Management Interest: 40,297 | |
20. WinnResidential Headquarters: Boston, MA CEO: Samuel Ross Apartments With Management Interest: 38,462 | |
21. Greystar Real Estate Partners, L.L.C. Headquarters: Charleston, SC CEO: Robert A. Faith Apartments With Management Interest: 37,215 | |
22. Milstein Properties Headquarters: New York, NY CEO: Howard P. Milstein Apartments With Management Interest: 37,000 | |
23. Westdale Asset Management Headquarters: Dallas, TX CEO: Joseph G. Beard Apartments With Management Interest: 36,993 | |
24. Mid-America Apartment Communities, Inc. Headquarters: Memphis, TN CEO: H. Eric Bolton, Jr. Apartments With Management Interest: 33,363 | |
25. Associated Estates Realty Corporation Headquarters: Richmond Heights, OH CEO: Jeffrey I. Friedman Apartments With Management Interest: 31,350 | |
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