2017 Top 50 Multifamily Development Firms

Our 2017 ranking of the Leading Commercial and Multifamily Developers features a group of firms with wide geographic and sector diversity.

You can also read our 2019 Development Firms, 2018 Top Multifamily Development Firms2016 Top 50 Development Firms2015 Top Development Firms and 2014 Top Development Firms rankings.

Diverse Development

By Chris Nebenzahl, Senior Analyst, Yardi Matrix

BIG RANKING LOGOOur 2017 ranking of the Leading Commer­cial and Multifamily Developers features a group of firms with wide geographic and sector diversity. Many of our top develop­ers are working on projects around the globe in a variety of asset classes. The total development portfolio of our top 50 firms equates to more than 250 million square feet under construction as of June 2017, and more than 310 million square feet completed in the past three years. 

Topping the rankings this year was Trammell Crow Co., with strong geo­graphic and sector diversity. Of the top 10 developers, five have international portfolios, while all but one operate in all four U.S. regions. Our top 10 firms com­pleted more than 150 million square feet from 2014 through 2016, and have 144 million square feet under construction—or roughly 60 percent of the total construc­tion pipeline for our top 50 developers. 

Construction delays due to a con­strained labor force and rebuilding efforts in areas affected by recent natural disas­ters may impact the portfolios of our top developers. However, as leaders in the industry with well-stocked development pipelines, these companies should be poised for a productive 2018.


The 2017 CPE-MHN Top 50 Developers ranking utilized self-reported data for all firms. The ranking is a weighted formula based on a variety of factors (only a few of which are specified here), including current and future plans, market value of projects completed and under construc­tion, and geographic and property diver­sification. The ranking represents what we feel is a logical balance between firm growth and market share.

Originally appearing in the December 2017 issue of MHN.

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