"Announcing the 2009 NAHMA Affordable 100!"

National Affordable Housing Management Association (June 2009)

The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts.

The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts. The NAHMA Affordable 100 list contributes vital data to the ongoing national dialogue on the future of federal funding for affordable housing. In an effort to accurately determine the portfolio of affordable units receiving federal subsidy in the United States, NAHMA publishes this annual listing of affordable units containing at least one of the following federal subsidies:

HUD Project-based Assistance
Section 42 LIHTC
HOME funds
USDA Section 515
Bonds

The National Affordable Housing Management Association (NAHMA) is the leading voice for affordable housing management, advocating on behalf of multifamily rental property managers and owners whose mission is to provide quality affordable housing. NAHMA supports legislative and regulatory policy that promotes the development and preservation of decent and safe multifamily affordable housing. NAHMA serves as a vital resource for technical education and information, fosters strategic relations between government and industry, and recognizes those who exemplify the best in affordable housing.NAHMA believes that benefits of the Affordable 100 list include:

It sets a foundation for annually identifying an accurate count of available affordable units by a credible, national organization.
It provides valuable historical information to advocate on behalf of developers, owners, managers, and most importantly, the residents who rely on federal funds.
It aids in convincing federal departments and agencies to cooperate, and in working together, to assist in the preservation of affordable housing and the creation of improved housing policy.
It ensures a continued subsidy stream based on actual need demonstrated by data.

1 Riverstone Residential Group (2) Dallas, TX 61,535 181,928

2 American Management Services (dba Pinnacle)* (13) Seattle, WA 59,895 171,869

3 Interstate Realty Management* (1) Marlton, NJ 32,668 36,989

4 Concord Management, Ltd. (4) Maitland, FL 30,794 31,544

5 WinnResidential* (5) Boston, MA 26,783 72,727

6 AIMCO Capital* (3) Denver, CO 25,000 154,987

7 Related Management Company, L.P. (10) New York, NY 21,927 27,065

8 The John Stewart Company (11) San Francisco, CA 21,849 29,090

9 Edgewood Management* (12) Silver Spring, MD 21,587 26,143

10 National Church Residences* (7) Columbus, OH 21,465 22,505

11 Capstone Real Estate Services, Inc. (6) Austin, TX 20,940 49,541

12 Ambling Management Company (8) Atlanta, GA 18,485 25,679

13 McCormack Baron Ragan Management Services (16) St. Louis, MO 15,500 16,598

14 Wingate Management Company (17) Atlanta, GA 15,000 15,000

15 Volunteers of America (15) Alexandria, VA 14,930 15,337

16 Lane Company (14) Atlanta, GA 14,691 25,130

17 FPI Multifamily (50) Folsom, CA 14,361 56,000

18 Mercy Housing, Inc. (48) Denver, CO 14,237 15,041

19 Grenadier Realty Corp. (22) Brooklyn, NY 13,361 20,878

20 KMG Prestige (18) Mt. Pleasant, MI 13,319 14,792

21 Cornerstone Residential Management (19) Lake Worth, FL 13,247 15,000

22 Royal American Management (25) Panama City, FL 13,179 16,354

23 Summit Housing Partners* Montgomery, AL 12,835 12,835

24 Picerne Real Estate Group (33) Phoenix, AZ 12,772 13,268

25 SPM, Inc. (20) Birmingham, AL 12,696 15,112

26 Boyd Management (21) Columbia, SC 11,868 12,444

27 Dominium Management Services (23) Plymouth, MN 11,842 16,200

28 Orion Real Estate Services (27) Houston, TX 11,417 16,428

29 Retirement Housing Foundation Long Beach County, CA 11,302 15,014

30 Lincoln Property Company (28) Dallas, TX 11,200 130,265

31 Calex Realty Group, Inc. (30) Jacksonville, FL 11,162 12,587

32 Gene B. Glick Company, Inc. (24) Indianapolis, IN 11,049 17,327

33 Archstone-Smith (32) Englewood, CO 11,000 87,667

34 Wallick—Hendy Companies (53) Reynoldsburg, OH 10,567 11,473

35 SL Nusbaum Realty Co. (34) Norfolk, VA 10,391 17,581

36 Coldwater Management LLC (35) Sherman Oaks, CA 9,979 11,628

37 Maco Management Company, Inc. (36) Clarkton, MO 9,916 12,000

38 The Yarco Companies (31) Kansas City, MO 9,911 11,669

39 Pedcor Management Corp. (38) Carmel, IN 9,500 13,666

40 F&W Management* (39) Roanoke, VA 9,500 12,000

41 Community Management Corporation* (60) Winston-Salem, NC 9,443 9,467

42 Professional Property Management, LLC Rockford, IL 9,011 9,395

43 Village Property Management (42) Irvine, CA 9,000 9,000

44 Alpha-Barnes Real Estate Services (43) Dallas, TX 8,800 11,000

45 Forest City Residential Management, Inc. (40) Cleveland, OH 8,739 31,739

46 Conifer Realty (54) Rochester, NY 8,662 9,722

47 The Community Builders* (44) Boston, MA 8,571 9,543

48 Multifamily Management Services Suffern, NY 8,534 37,491

49 USA Properties Fund, Inc. (45) Roseville, CA 8,500 8,500

50 ConAm Management Corporation (92) San Diego, CA 8,149 42,654

51 Fairfield Residential (41) Grand Prairie, TX 8,148 52,346

52 Partnership Property Management (46) Greensboro, NC 8,034 8,034

53 Pacific West Management (51) Irvine, CA 8,000 22,000

54 HSC Real Estate (47) Seattle, WA 8,000 32,098

55 NDC Real Estate Management, Inc. (49) Pittsburgh, PA 7,926 9,870

56 Sun Belt Management Company (52) Albertville, AL 7,400 7,400

57 G & K Management Co., Inc. (55) Culver City, CA 7,118 15,083

58 Ledic Management Group (57) Memphis, TN 7,000 26,132

59 Peabody Properties, Inc.* (73) Braintree, MA 6,927 8,650

60 RY Management (61) New York, NY 6,750 15,000

61 Cascade Management, aka Kellenbeck PM (79) Grants Pass, OR 6,729 6,729

62 Flaherty & Collins Properties (81) Indianapolis, IN 6,721 12,479

63 Kettler Management McLean, VA 6,692 14,500

64 IMS Properties (58) Fenton, MI 6,527 7,700

65 Equity Management, Inc. (62) Laurel, MD 6,500 10,000

66 Continental Wingate (63) Needham, MA 6,429 11,375

67 ALCO Management* (70) Memphis, TN 6,407 7,970

68 GEM Management (64) Charlotte, NC 6,300 7,200

69 Medallion Management, Inc. (65) Kalamazoo, MI 6,220 6,376

70 Cohen Esrey Real Estate Services, Inc. (66) Kansas City, MO 6,129 11,581

71 Metroplex, Inc. (67) Chicago, IL 6,081 6,893

72 SHP Management Corp. (68) Cumberland Foreside, ME 6,037 6,700

73 Oakbrook Corporation (59) Madison, WI 6,000 8,000

74 Summit America (69) Montgomery, AL 6,000 6,000

75 Midwest Management (72) Milford, MI 6,000 16,540

76 Fourmidable Group (74) Bingham Farms, MI 6,000 7,000

77 Lenzy Hayes (75) Bloomington, IN 6,000 6,000

78 Mid-Peninsula Housing Management (76) Foster City, CA 6,000 6,000

79 Preservation Management Inc. (77) South Portland, ME 6,000 6,000

80 Beacon Communities, LLC (78) Boston, MA 5,815 7,716

81 CSI Support & Development Services (86) Warren, MI 5,712 5,712

82 The Pam Companies (91) Lodi, CA 5,700 5,700

83 Millennia Housing Management, LTD (82) Valley View, OH 5,640 5,806

84 Naimisha Management Inc. (80) Palm Beach Gardens, FL 5,602 6,502

85 The Hallmark Companies (56) Atlanta, GA 5,421 6,958

86 Ingerman Group (84) Cherry Hill, NJ 5,401 7,400

87 HJ Russell & Company* (85) Atlanta, GA 5,400 5,600

88 Alpha Property Management, Inc. (87) Los Angeles, CA 5,329 5,329

89 The Shelter Group (88) Baltimore, MD 5,294 5,294

90 Pacificap Management, Inc. (89) Portland, OR 5,274 5,248

91 Urban, Inc. (90) Greenwood Village, CO 5,200 6,000

92 Corcoran Jennison Management* (26) Quincy, MA 5,198 7,691

93 Quantum Management Services, Inc. Lynnwood, WA 5,053 5,381

94 Shelter Properties LLC Baltimore, MD 5,002 5,127

95 American Community Properties Trust (93) St. Charles, MD 5,000 8,000

96 Westminster Company* (95) Greensboro, NC 5,000 5,000

97 Brackenhoff Management Group, Inc. (96) Carson, CA 4,932 6,216

98 Landura Companies (98) Winston-Salem, NC 4,924 4,924

99 Arco Management Corporation Suffern, NY 4,814 33,067

100 Tesco Properties, Inc.* (99) Germantown, TN 4,674 5,754

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