Charleston-based Greystar Tops 2018 NMHC 50 as Largest Apartment Manager and Developer
Wednesday, April 18th, 2018
Greystar Real Estate Partners, LLC, a global leader in the investment, development, and management of rental housing properties, is pleased to announce that it has been recognized as the top ranked apartment manager for the eighth consecutive year in the National Multifamily Housing Council’s 29th annual 2018 NMHC 50, the authoritative ranking of the nation’s 50 largest apartment owners and managers.
In addition, Greystar was recognized as the top apartment developer for the second year in a row. The company also remains one of the largest apartment owners, ranking 16th – up from 19th last year – and featured on the top builders list, coming in sixth.
“Greystar’s success is truly a team effort, and we are very thankful for our team members’ ongoing commitment to providing superior service to our residents, clients, partners and the community,” said Bob Faith, Founder and CEO of Greystar. “We are also very honored and grateful for the continued recognition from the NMHC and look forward to another banner year.”
NMHC partners with Kingsley Associates, a leading real estate research and consulting firm, for the NMHC 50’s research and analysis. All apartment owners, managers, developers, and contractors are invited to answer a survey questionnaire that asks about their prior year activities. Apartment owners and managers are ranked based on their portfolio holdings (either owned or managed) as of January 1, 2018, while developers and general contractors are ranked based on the number of units started in 2017.