The affordable housing industry's 2022 ranking of rural housing professionals!

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The business of developing, managing and owning rural housing is complex. Accessing capital to make properties affordable is challenging and utilizing multiple sources of funding is needed to make rural housing affordable. There is a unique breed of housing professional that has emerged over the years to tackle these challenges. The Council for Affordable and Rural Housing (CARH) is proud to recognize the 2022 top companies in rural rental housing.

TOP 20 MANAGERS

Company City/State Properties Units*
1 CAHEC Management, Inc. Columbia, SC 342 13,788
2 Partnership Property Management Greensboro, NC 250 10,266
3 The Hallmark Companies Atlanta, GA 239 9,368
4 Fitch Irick Corporation Charlotte, NC 226 8,494
5 J & A Management Corinth, MS 263 8,232
6 RLJ Management Columbus, OH 208 7,684
7 TM Associates Rockville, MD 200 7,125
8 AWI Management Corporation Auburn, CA 117 5,333
9 CMS Management Corinth, MS 134 4,872
10 Belmont Management Company Fort Smith, AR 104 4,722
11 Hamilton Valley Management Burnet, TX 113 4,387
12 Viridian Management, Inc. Enterprise, OR 139 4,267
13 Landura Management Associates Winston-Salem, NC 115 4,250
14 Apartment Services & Management Auburn, AL 99 3,905
15 PK Companies Okemos, MI 113 3,857
16 The Vantage Group Fyffe, AL 72 3,804
17 Morrow Realty Company, Inc. Tuscaloosa, AL 79 3,675
18 MAC Real Estate, L.L.C. Metairie, LA 106 3,671
19 Syringa Property Management Boise, ID 117 3,616
20 The Provident Companies Mansfield, OH 84 3,037

TOP 20 Owners

Company City/State Properties Units*
1 The Hallmark Companies Atlanta, GA 239 9,368
2 Fitch Irick Corporation Charlotte, NC 195 9,001
3 J & A, Inc. Corinth, MS 248 8,134
4 TM Associates Rockville, MD 185 6,543
5 Weaver Investment Company Greensboro, NC 147 5,973
6 Belmont Development Oklahoma City, OK 112 5,517
7 CMS Management Corinth, MS 148 5,057
8 Chrisman Development, Inc. Enterprise, OR 149 4,788
9 PK Companies Okemos, MI 108 3,817
10 Buckeye Community Hope Foundation Columbus, OH 95 3,763
11 MAC Real Estate, L.L.C. Metairie, LA 106 3,671
12 Apartment Services & Management Auburn, AL 90 3,565
13 Morrow Companies Tuscaloosa, AL 73 3,514
14 Hamilton Valley Management Burnet, TX 86 3,294
15 Landura Management Associates Winston-Salem, NC 80 3,250
16 The Provident Companies Mansfield, OH 80 2,940
17 The Vantage Group Fyffe, AL 51 2,901
18 Viridian Management, Inc Enterprise, OR 82 2,572
19 Flynn Management Corporation Clearwater, FL 42 1,555
20 T J Development, LLC Lansing, MI 44 1,468

TOP 20 DEVELOPERS

Company City/State Properties Units*
1 Greystone Affordable Development Raleigh, NC 30 770
2 J & A, Inc. Corinth, MS 16 601
3 PK Companies Okemos, MI 11 434
4 Fitch Irick Corporation Charlotte, NC 3 384
5 Chrisman Development, Inc. Enterprise, OR 9 369
6 Belmont Development Oklahoma City, OK 6 299
7 TM Associates Rockville, MD 5 217
8 Morrow Realty Company, Inc. Tuscaloosa, AL 3 179
9 Buckeye Community Hope Foundation Columbus, OH 4 158
10/11 CMS Management Corinth, MS 4 136
10/11 Dudley Development, LLC Ridgeland, MS 4 136
12 The Hallmark Companies Atlanta, GA 4 132
13 Syringa Property Management Boise, ID 3 116
14 The Vantage Group Fyffe, AL 2 112
15 Apartment Services & Management Auburn, AL 2 104
16 Green Street Housing Salisbury, MD 1 75
17 The Provident Companies Mansfield, OH 1 62
18 MAC Real Estate, LLC Metairie, LA 2 60
* Number of units/properties as of 12/31/2021 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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