The affordable housing industry's 2017 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 2017 top companies in rural rental housing.

TOP 20 MANAGERS

Company City/State Properties Units*
1 Boyd Management Columbia, SC 321 12,553
2 Hallmark Companies Atlanta, GA 245 9,954
3 MACO Management Clarkton, MO 418 9,400
4 J & A Management Corinth, MS 267 8,390
5 Partnership Property Management Greensboro, NC 188 7,343
6 RLJ Management Columbus, OH 191 7,136
7 AWI Management Auburn, CA 137 6,252
8 GEM Management Charlotte, NC 190 6,202
9 TM Associates Management Rockville, MD 171 6,164
10 Professional Property Management Rockford, IL 181 5,499
11 Sunbelt Management Albertville, AL 137 4,605
12 Huff Management Company Opelika, AL 114 4,516
13 Landura Management Associates Winston-Salem, NC 96 4,285
14 Belmont Management Fort Smith, AR 97 4,014
15 MAC Real Estate, L.L.C. Metairie, LA 113 3,831
16 Morrow Companies Tuscaloosa, AL 77 3,629
17 Hamilton Valley Management Burnet, TX 94 3,579
18 Franklin Asset Management Louisville, KY 99 3,240
19 Winterwood Lexington, KY 116 3,073
20 Viridian Management Enterprise, OR 93 3,050

TOP 20 Owners

Company City/State Properties Units*
1 Hallmark Companies Atlanta, GA 242 9,800
2 J & A Management Corinth, MS 251 7,893
3 Boyd Management, Inc Columbia, SC 200 7,521
4 Weaver Investment Company Greensboro, NC 126 5,272
5 TM Associates Management Rockville, MD 118 4,430
6 Huff Management Opelika, AL 111 4,371
7 Buckeye Community Hope Foundation Columbus, OH 110 3,937
8 MAC Real Estate Metairie, LA 113 3,831
9 Landura Management Associates Winston-Salem, NC 80 3,800
10 Morrow Companies Tuscaloosa, AL 79 3,716
11 The Woda Group Westerville, OH 114 3,199
12 Hamilton Valley Management Burnet, TX 81 2,876
13 Provident Management Mansfield, OH 73 2,725
14 CMS Management Corinth, MS 65 2,300
15 Community Preservation Partners Irvine, CA 37 2,042
16 Chrisman Development Enterprise, OR 61 1,977
17 PK Housing & Management Okemos, MI 49 1,816
19 Flynn Management Clearwater, FL 41 1,574
20 Werth Development, LLC Alpena, MI 33 1,486

TOP 20 DEVELOPERS

Company City/State Properties Units*
1 Greystone Affordable Housing Initiatives Raleigh, NC 24 1,058
2 The Hallmark Companies Inc. Atlanta, GA 28 1,001
3 PK Housing & Management Okemos, MI 11 556
4 Community Preservation Partners Irvine, CA 7 485
5 CMS Management Corinth, MS 8 330
6 Dudley Development, LLC Ridgeland, MS 8 326
7 Buckeye Community Hope Foundation Columbus, OH 5 250
8 Morrow Companies Tuscaloosa, AL 5 197
9 The Woda Group Westerville, OH 3 190
10 Volunteer Management & Dev. Co. Jackson, TN 7 172
11 Chrisman Development Enterprise, OR 5 151
12 TM Associates Management Rockville, MD 5 150
13 Hamilton Valley Management Burnet, TX 3 128
14 Osprey Property Companies Annapolis, MD 2 128
15 Green Street Housing Salisbury, MD 3 110
16 MAC Real Estate Metairie, LA 2 96
17 Provident Management Mansfield, OH 2 88
18 Watermark Management Dewitt, MI 3 80
19 Valenti Real Estate Services Indianapolis, IN 2 60
20 Fairfield Homes, Inc. Lancaster, OH 1 50
Companies in bold are CARH Members. * Number of units/properties as of 12/31/2016 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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