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Rising Stars. (Know it All).

BRE Properties, Essex Property Trust, AMO(R) and Irvine Company Apartment Communities are three newcomers to this year's National Multi Housing Council Top 50 Apartment Managers. Trammell Crow Residential, AMO, posted the largest increase in management portfolios, with a gain of more than 9,000 apartments. Three firms tied for the biggest jump in rank: Simpson Housing Limited Partnership, Picerne Real Estate Group, AMO, and Kushner Companies all moved up 8 slots. It is a sign of just how close the rankings are among the management NMHC 50 that these jumps came with relatively small portfolio increases.
2003 Top 10 Apartment Management Firms

 # of Apartments
Rank Company Managed

1 Apartment Investment and Management 309,000
 Company
2 Equity Residential 219,337
3 Pinnacle Realty Management Company 115,001
4 Archstone-Smith 109,990
5 Lincoln Property Company 101,683
6 Trammel! Crow Residential 74,467
7 United Dominion Realty Trust, Inc. 72,972
8 Lefrak Organization Inc. 71,000
9 Sentinel Real Estate Corporation 63,775
10 Alliance Holdings 57,513

Total 1,194,738

Source: 2003 NMHC Top 50 Apartment Firms
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Title Annotation:list of top 10; National Multi Housing Council top 50 apartment managers
Author:Pekala, Nancy
Publication:Journal of Property Management
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2003
Words:181
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