Fastest-Growing Multifamily Property Management Companies of 2021
MHN’s annual ranking represents a broad range of market-rate and affordable asset categories.
You can also read our other Property Management Firms rankings.
| Rank | Company | Annual Portfolio Growth (2018-2020) | Units Managed 2020 | Portfolio Occupancy | Diversity |
| 1 | Cushman & Wakefield | 3190.5% | 171,713 | – | A, MR |
| 2 | Morgan Properties | 29.2% | 73,428 | 94.4% | MR |
| 3 | RKW Residential | 25.4% | 22,781 | 94.3% | A, L |
| 4 | Greystar Real Estate Partners | 22.5% | 728,910 | 91.9% | A, MR, St, Se |
| 5 | Bozzuto | 20.0% | 98,858 | 91.0% | A, MR, L |
| 6 | Avenue5 Residential | 17.3% | 75,872 | 93.7% | A, MR, L, X |
| 7 | Harbor Group International | 15.1% | 40,538 | 94.7% | A, MR |
| 8 | The Inland Real Estate Group of Cos. | 13.1% | 21,937 | 87.0% | MR, St, Se, X |
| 9 | Cortland | 12.1% | 63,915 | 89.7% | A, MR, Se |
| 10 | BH Cos. | 6.8% | 90,926 | 94.1% | A, MR, St |
Key: A = Affordable Housing, MR = Market Rate, L = Luxury, St = Student Housing, Se = Senior Housing, X = Other
To be included in upcoming surveys, email Jeff Hamann at [email protected].
Our Fastest-Growing Multifamily Property Management Companies ranking represent a diverse mix of asset types, and nearly all include significant market-rate and affordable portfolio components. Cushman & Wakefield took the top spot on our list following its 2020 acquisition of Pinnacle Property Management Services, which boosted its multifamily portfolio to more than 170,000 units almost overnight.
In second place, Morgan Properties increased its footprint from just over 44,000 units in 2018 to 73,428 units last year, representing an annual growth rate of 30 percent. Beyond those firms on our list, a full 80 percent of respondents for our comprehensive property management ranking reported growth for the past two years.
Methodology
The Fastest-Growing Multifamily Property Management Companies of 2021 ranking utilized self-reported data for all firms. The ranking was calculated based on the average annual portfolio growth for each management company with at least 20,000 units under management at the end of 2020. All data was originally submitted for our Top 40 Multifamily Property Management Companies of 2021 ranking.
—Jeff Hamann, Senior Associate Editor, MHN
