The affordable housing industry's 2019 ranking of rural housing professionals!

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Rental housing development is much different in rural areas. From a separate Federal program to smaller project sizes to sparser access to capital, developing affordable housing in rural America can be a challenge. A unique breed of housing professional has emerged over the years to tackle these challenges. CARH 2020 is happy to recognize the 2019 top companies in rural rental housing.

TOP 20 MANAGERS

Company City/State Properties Units*
1 Boyd Management Columbia, SC 329 12,819
2 MACO Management Clarkton, MO 471 11,905
3 Partnership Property Management Greensboro, NC 241 9,622
4 J & A Management Corinth, MS 264 8,164
5 RLJ Management Columbus, OH 208 7,680
6 Hallmark Companies Atlanta, GA 215 7,217
7 Woda Cooper Companies Columbus, OH 215 7,106
8 TM Associates Management Rockville, MD 192 6,844
9 GEM Management Charlotte, NC 158 5,308
10 CBM Group Auburn , CA 164 5,308
11 Landura Management Assocaites Winston-Salem, NC 115 5,300
12 AWI Management Auburn, CA 102 4,495
13 Huff Management Company Opelika, AL 113 4,420
14 Interstate Realty Management Marlton, NJ 90 4,242
15 CMS Management Corinth, MS 115 4,151
16 Apartment Services & Management Auburn, AL 101 4,120
17 Belmont Management Fort Smith, AR 97 4,042
18 MAC Real Estate, L.L.C. Metairie, LA 113 3,831
19 PK Housing & Management Okemos, MI 127 3,693
20 Morrow Companies Tuscaloosa, AL 79 3,641

TOP 20 Owners

Company City/State Properties Units*
1 MACO Management Clarkton, MO 492 12,785
2 J & A Management Corinth, MS 250 7,787
3 Boyd Management Columbia, SC 208 7,641
4 Hallmark Companies Atlanta, GA 218 7,293
5 Woda Cooper Companies. Inc. Columbus, OH 195 6,758
6 TM Associates Management Rockville, MD 176 6,173
7 Weaver Investment Company Greensboro, NC 137 5,672
8 Landura Management Assocaites Winston-Salem, NC 80 4,700
9 Buckeye Community Hope Foundation Columbus, OH 120 4,309
10 CMS Management Corinth, MS 103 3,980
11 MAC Real Estate Metairie, LA 113 3,831
12 Apartment Services & Management Auburn, AL 81 3,700
13 PK Housing & Management Okemos, MI 122 3,620
14 Morrow Companies Tuscaloosa, AL 73 3,538
15 Olympia Management Albertville, AL 84 3,397
16 Hamilton Valley Management Burnet, TX 83 3,128
17 The Provident Companies Mansfield, OH 78 2,824
18 Chrisman Development Enterprise, OR 84 2,677
19 Community Preservation Partners Irvine, CA 16 1,573
20 Warrior Run Development Corp Turbotville, PA 42 1,450

TOP 20 DEVELOPERS

Company City/State Properties Units*
1 Greystone Affordable Development Raleigh, NC 49 2,044
2 The Hallmark Companies Inc. Atlanta, GA 30 1,490
3 MACO Companies Clarkton, MO 11 678
4 Boyd Management Columbia, SC 12 488
5 TM Associates Rockville, MD 7 296
6 CMS Management Corinth, MS 9 277
7 Dudley Development, LLC Ridgeland, MS 9 277
8 Buckeye Community Hope Foundation Columbus, OH 7 265
9 PK Housing & Management Okemos, MI 5 240
10 MAC Real Estate Metairie, LA 5 236
11 Woda Cooper Companies. Inc. Columbus, OH 7 210
12 Chrisman Development Enterprise, OR 7 198
13 Green Street Housing Salisbury, MD 2 144
14 DeShano Development Gladwin, MI 6 133
15 Volunteer Management & Dev. Co. Jackson, TN 3 102
16 Apartment Services & Mgt. Auburn, Al 1 100
17 T J Development, LLC Lansing, MI 3 96
18 Valenti Real Estate Services Indianapolis , IN 4 92
19 Morrow Companies Tuscaloosa, AL 1 66
20 Olympia Management, Inc. Albertville, AL 1 60
Companies in bold are CARH Members. * Number of units/properties as of 12/31/2018 based on survey responses and industry estimates. Firms are ranked based on number of housing units. The number of properties is provided for informational purposes, not for ranking purposes.

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