The affordable housing industry's 2016 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 2016 top companies in rural rental housing.

TOP 20 MANAGERS

Company City/State Properties Units*
1 Hallmark Companies Atlanta, GA 236 9,649
2 MACO Management Clarkton, MO 425 9,572
3 Boyd Management Columbia, SC 266 9,513
4 J & A Management Corinth, MS 241 7,757
5 Partnership Property Management Greensboro, NC 188 7,343
6 Professional Property Management Rockford, IL 200 6,530
7 TM Associates Management Rockville, MD 181 6,445
8 GEM Management Charlotte, NC 191 6,166
9 AWI Management Auburn, CA 134 6,105
10 RLJ Management Columbus, OH 159 5,910
11 Huff Management Company Opelika, AL 138 5,877
12 Sunbelt Management Albertville, AL 137 4,603
13 Landura Management Associates Winston-Salem, NC 93 4,042
14 Belmont Management Fort Smith, AR 102 4,030
15 Hamilton Valley Management Burnet, TX 86 3,650
16 Morrow Companies Tuscaloosa, AL 74 3,591
17 Franklin Asset Management Louisville, KY 99 3,240
18 Winterwood Lexington, KY 119 3,073
19 Viridian Management Enterprise, OR 94 3,017
20 Bell Management Joplin, MO 100 3,003

TOP 20 Owners

Company City/State Properties Units*
1 Hallmark Companies Atlanta, GA 233 9,535
2 MACO Management Clarkton, MO 381 8,544
3 J & A Management Corinth, MS 241 7,757
4 Huff Management Opelika, AL 125 5,351
5 Weaver Investment Company Greensboro, NC 119 4,908
6 TM Associates Management Rockville, MD 118 4,466
8 Landura Management Associates Winston-Salem, NC 80 3,042
9 Hamilton Valley Management Burnet, TX 78 3,020
10 Buckeye Community Hope Foundation Columbus, OH 77 2,795
11 Provident Management Mansfield, OH 73 2,725
12 CMS Management Corinth, MS 65 2,600
13 The Michaels Organization Marlton, NJ 46 2,337
14 MAC Real Estate Metairie, LA 72 2,175
15 PK Housing & Management Okemos, MI 47 1,736
16 Flynn Management Clearwater, FL 40 1,708
17 WNC CPP Irvine, CA 34 1,686
18 Chrisman Development Enterprise, OR 43 1,521
19 TJ Development Lansing, MI 42 1,360
20 Watermark Management Dewitt, MI 40 1,300

TOP 20 DEVELOPERS

Company City/State Properties Units*
1 Greystone Affordable Housing Initiatives Raleigh, NC 39 1,384
2 Huff Management Opelika, AL 8 438
3 Buckeye Community Hope Foundation Columbus, OH 7 336
4 Chrisman Development Enterprise, OR 7 325
5 PK Housing & Management Okemos, MI 3 304
6 TM Associates Management Rockville, MD 6 250
7 Pax-Edwards Development , 2 188
8 The Michaels Organization Marlton, NJ 4 177
9 Morrow Companies Tuscaloosa, AL 3 142
10 Osprey Property Companies Annapolis, MD 2 128
11 CMS Management Corinth, MS 4 122
12 Hamilton Valley Management Burnet, TX 3 104
13 PDC Companies Littlerock, AR 4 102
14 Watermark Management Dewitt, MI 3 98
15 WNC CPP Irvine, CA 2 90
16 Provident Management Mansfield, OH 2 88
17 Hope Development Boise, ID 2 88
18 National Affordable Housing Foundation Clive, IA 3 72
19 MACO Management Clarkton, MO 2 69
20 MAC Real Estate Metairie, LA 2 64
Companies in bold are CARH Members. * Number of units/properties as of 12/31/2015 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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