The affordable housing industry's 2020 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 2020 top companies in rural rental housing.

TOP 20 MANAGERS

Company City/State Properties Units*
1 Boyd Management Columbia, SC 354 13,039
2 Hallmark Companies Atlanta, GA 263 12,966
3 MACO Management Clarkton, MO 459 11,626
4 Partnership Property Management Greensboro, NC 240 9,588
5 Woda Cooper Companies Columbus, OH 246 8,559
6 J & A Management Corinth, MS 264 8,270
7 AWI Management Auburn, CA 171 8,257
8 RLJ Management Columbus, OH 200 7,455
9 TM Associates Management Rockville, MD 193 6,844
10 GEM Management Charlotte, NC 191 6,249
11 Huff Management Company Opelika, AL 113 4,444
12 Belmont Management Fort Smith, AR 119 4,426
13 PK Companies Okemos, MI 124 4,325
14 CMS Management Corinth, MS 129 4,268
15 Apartment Services & Management Auburn, AL 106 4,200
16 Royal American Management Panama City, FL 78 3,729
17 MAC Real Estate, L.L.C. Metairie, LA 108 3,751
18 Morrow Realty Company, Inc. Tuscaloosa, AL 81 3,751
19 Hamilton Valley Management Burnet, TX 97 3,665
20 Olympia Management Albertville, AL 88 3,634

TOP 20 Owners

Company City/State Properties Units*
1 Hallmark Companies Atlanta, GA 264 12,940
2 Woda Cooper Companies. Inc. Columbus, OH 248 8,603
3 J & A Management Corinth, MS 257 8,062
4 Boyd Management Columbia, SC 235 7,593
5 TM Associates Management Rockville, MD 179 6,289
6 MACO Management Clarkton, MO 420 10,412
7 Weaver Investment Company Greensboro, NC 150 6,098
8 GEM Management Charlotte, NC 181 5,953
9 Huff Management Opelika, AL 112 4,403
10 Belmont Development Company Oklahoma City, OK 115 4,306
11 CMS Management Corinth, MS 134 4,275
12 PK Housing & Management Okemos, MI 115 4,025
13 Apartment Services & Management Auburn, AL 100 3,965
14 MAC Real Estate Metairie, LA 108 3,751
15 Olympia Management Albertville, AL 88 3,634
16 Morrow Companies Tuscaloosa, AL 74 3,538
17 Hamilton Valley Management Burnet, TX 87 3,266
18 The Provident Companies Mansfield, OH 79 2,807
19 Chrisman Development Enterprise, OR 86 2,757
20 Royal American Management Panama City, FL 59 2,459

TOP 20 DEVELOPERS

Company City/State Properties Units*
1 The Hallmark Companies Atlanta, GA 10 457
2 Woda Cooper Companies Columbus, OH 9 340
3 Weaver Investment Company Greensboro, NC 9 312
4 Hamilton Valley Management Burnet, TX 8 300
5 Chrisman Development Enterprise, OR 10 282
6 Belmont Development Company Oklahoma City, OK 5 211
7 CMS Management Corinth, MS 4 192
8 Dudley Development Ridgeland, MS 4 192
9 TM Associates Rockville, MD 4 178
10 Green Street Housing Salisbury, MD 4 173
11 Olympia Management, Inc. Albertville, AL 3 163
12 Volunteer Management & Dev. Jackson, TN 8 157
13 Apartment Services & Mgt. Auburn, Al 2 156
14 MACO Companies Clarkton, MO 3 152
15 Huff Management Opelika, AL 2 147
16 Vantage Group Fyffe, AL 2 141
17 LCJ Development New Caney, TX 1 128
18 MAC Real Estate Metairie, LA 4 112
19 Morrow Realty Company Tuscaloosa, AL 2 112
20 Buckeye Community Hope Foundation Columbus, OH 3 110
Companies in bold are CARH Members. * Number of units/properties as of 12/31/2019 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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