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The Nation's 50 Largest Apartment Owners and 50 Largest ...

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UNITS UNITS<br />

2012 2011 OWNED OWNED CORPORATE<br />

RANK RANK COMPANY 2012 2011 OFFICER HQ CITY STATE<br />

26 23 Lincoln Property Company 47,245 46,<strong>50</strong>7 Tim Byrne Dallas TX<br />

Raymond James Tax Credit<br />

27 29 Funds, Inc. 46,572 43,035 Ronald Diner St. Petersburg FL<br />

28 Newcomer TIAA-CREF 46,489 NA* Thomas Garbutt New York NY<br />

29 27 Michaels Development Company 45,425 44,843 Robert J. Greer Marlton NJ<br />

Steven D. Bell <strong>and</strong><br />

30 28 Bell Partners Inc. 44,931 43,265 Jonathan D. Bell Greensboro NC<br />

Irvine Company <strong>Apartment</strong><br />

31 26 Communities 44,545 43,791 Kevin Baldridge Irvine CA<br />

32 31 DRA Advisors LLC 42,515 41,111 David Luski New York NY<br />

33 32 Home Properties, Inc. 41,951 38,861 Edward J. Pettinella Rochester NY<br />

Holiday Retirement Corp./<br />

34 Newcomer Colson & Colson 37,076 36,859 Jack Callison Salem OR<br />

35 36 Lindsey Management Co., Inc. 35,628 34,088 James E. Lindsey Fayetteville AR<br />

36 37 Colonial Properties Trust 33,975 33,569 Thomas H. Lowder Birmingham AL<br />

37 45 Berkshire Property Advisors 33,847 27,906 Frank Apeseche Boston MA<br />

38 34 Sentinel Real Estate Corporation 33,<strong>50</strong>0 35,000 John H. Streicker New York NY<br />

39 40 BH Equities LLC 33,205 30,172 Harry Bookey Des Moines IA<br />

40 41 UBS Realty Investors LLC 32,983 27,452 Matthew Lynch Hartford CT<br />

41 42 Essex Property Trust, Inc. 32,753 29,146 Michael Schall Palo Alto CA<br />

42 39 Concord Management Limited 32,467 32,313 Edward O. Wood, Jr. Maitl<strong>and</strong> FL<br />

Westdale Real Estate Investment<br />

43 38 & Management 32,296 32,592 Joseph G. Beard Dallas TX<br />

44 Newcomer Weidner <strong>Apartment</strong> Homes 31,551 20,<strong>50</strong>8 Jack O’Connor Kirkl<strong>and</strong> WA<br />

45 Newcomer Heitman LLC 26,490 21,941 Maury Tognarelli Chicago IL<br />

46 48 Highridge Costa Investors, LLC 26,416 26,335 Michael A. Costa Gardena CA<br />

47 35 Empire American Holdings, LLC 25,859 34,939 Eli Feller Montvale NJ<br />

48 49 BRE Properties, Inc. 25,192 25,174 Constance B. Moore San Francisco CA<br />

49 46 AEW Capital Management, LP 24,891 27,556 Jeffrey Furber Boston MA<br />

<strong>50</strong> 43 <strong>The</strong> Bascom Group, LLC 24,877 28,851 Jerome Fink Irvine CA<br />

*TIAA-CREF did not provide 2011 unit data.<br />

A SPECIAL SUPPLEMENT TO NATIONAL REAL ESTATE INvESTOR<br />

APRIL 2012 NMHC <strong>50</strong> 5

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