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NMHC Rankings of Biggest Apt. Owners, Managers and Developers Reflect Industry Consolidation, Rising Role of Affordable Housing

Third-Party Managers Thrive as Multifamily M&A Creates Huge New Players and Portfolios Amassed by Global Investors
CoStar News
April 20, 2016 | 4:33 P.M.

The National Multifamily Housing Council (NMHC) released its annual ranking of the multifamily sector's largest owners, managers, developers and contractors, revealing a new set of players joining established firms with new names, including a growing number of companies specializing in the tax-credit syndication of low-income housing, which has become the target of billions of dollars of investment amid a growing shortage of affordable housing in the country.

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