10 Fastest-Growing Multifamily Property Management Companies of 2020
- Sep 02, 2020
You can also read our other Top Property Managers rankings.
|Rank||Company||Annual Portfolio Growth (2017-2019)||Units Managed (2019)||Portfolio Occupancy||Diversity|
|1||SVN International Corp.||81.6%||18,647||93%||MR|
|2||RKW Residential||39.2%||19,935||95%||A, L|
|3||RangeWater Real Estate||38.2%||42,566||89%||A, MR|
|5||The Inland Real Estate Group of Cos.||24.2%||19,920||92%||MR, St, Se, X|
|6||FPA Multifamily||22.6%||37,335||94%||A, MR, L, St|
|7||Cortland||16.8%||58,973||91%||A, MR, Se|
|8||BH Cos.||15.2%||90,074||94%||A, MR, Se|
|9||Greystar Real Estate Partners||12.5%||536,342||93%||A, MR, St, Se|
|10||Kirkpatrick Management Co.||9.9%||8,700||97%||A|
Key: A = Affordable Housing, MR = Market Rate, L = Luxury, St = Student Housing, Se = Senior Housing, X = Other
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By Jeff Hamann, Senior Associate Editor
Nearly all of our Top 10 Fastest-Growing Multifamily Property Management Companies operate communities across a broad spectrum of asset types, with seven firms also working with affordable housing. SVN International Corp., which tops our list, increased its management portfolio from just shy of 6,000 units in 2017 to an impressive 18,647 units only two years later. Two-thirds of the respondents to our comprehensive property management ranking, which represents many of the industry’s largest companies, reported growth during this period. Greystar Real Estate Partners, which landed the top spot in the comprehensive ranking for the second consecutive year, grew its portfolio 12 percent to 536,342 units managed.
The Top 10 Fastest-Growing Multifamily Property Management Companies of 2020 utilized self-reported data for all firms. The ranking was calculated based on average annual portfolio growth for each management company with at least 5,000 units under management as of the end of 2019. All data was originally submitted for our Top 30 Multifamily Property Management Companies of 2020 ranking.