| RANK (VS. 2013) | COMPANY INFO | EXECUTIVE CONTACT | 2014 STARTS COMPLETIONS | REGION(S) | ORG. TYPE | Company Fact |
|---|---|---|---|---|---|---|
| 1 (6) | THE MICHAELS ORGANIZATION 3 E. Stow Road, Suite 100; P.O. Box 994; Marlton, NJ 08053 (856) 596-3008 | www.themichaelsorg.com | John O’Donnell, president | 1,296 1,605 | National | For-profit | The Michaels Organization tops the developers list after starting construction on seven new projects with 1,296 affordable units in 2014. |
| 2 (1) | THE NRP GROUP 5309 Transportation Blvd.; Cleveland, OH 44125 (216) 475-8900 | www.nrpgroup.com | J. David Heller and T. Richard Bailey, partners | 1,154 948 | National | For-profit | The firm started 3,338 affordable and luxury market-rate units encompassing $525 million in total development costs last year. |
| 3 (22) | CONIFER REALTY 1000 University Ave., Suite 500; Rochester, NY 14607 (585) 324-0571 | www.coniferllc.com | Andrew I. Crossed, executive vice president | 853 468 | MW, NE | For-profit | Conifer, which is celebrating its 40th anniversary this year, plans to start construction on 11 new affordable housing developments. |
| 4 (10) | McCORMACK BARON SALAZAR 720 Olive St., Suite 2500; St. Louis, MO 63101 (314) 621-3400 | www.mccormackbaron.com | Kevin J. McCormack, president | 765 647 | National | For-profit | The firm’s 765 units started in 2014 is a 48% increase over 2013 levels. |
| 5 (15) | PENNROSE PROPERTIES 1301 N. 31st St.; Philadelphia, PA 19121 (267) 386-8600 | www.pennrose.com | Mark H. Dambly, president | 748 582 | MW, NE, SE | For-profit | After starting 10 new construction projects in 2014, Pennrose plans to start 18 developments this year. |
| 6 (4) | THE WODA GROUP 229 Huber Village Blvd., Suite 100; Westerville, OH 43081 (614) 396-3200 | www.wodagroup.com | Jeffrey Woda and David Cooper Jr., principals | 723 386 | MW, NE, SE | For-profit | The Woda Group received 17 new low-income housing tax credit (LIHTC) awards last year. |
| 7 (new) | ODYSSEY RESIDENTIAL 5420 LBJ Freeway, Suite 1355; Dallas, TX 75240 (972) 701-5558 | www.odysseyresidentialconstruction.com | Melissa Adami, president | 708 100 | MW, SC, W | For-profit | In 2014, Odyssey completed or had funding for more than 1,000 units for the first time since 2005. |
| 8 (23) | ROEM CORP. 1650 Lafayette St.; Santa Clara, CA 95050 (408) 984-5600 | www.roemcorp.com | Robert Emami, president and CEO | 611 0 | W | For-profit | ROEM achieved high LEED certifications for five projects and is pursuing LEED for an additional three developments. |
| 9 (17) | PINNACLE HOUSING GROUP 9400 S. Dadeland Blvd., Suite 100; Miami, FL 33156 (305) 854-7100 | www.pinnaclehousing.com | David Deutch, partner | 586 374 | SC, SE | For-profit | Pinnacle started six developments in 2014 and plans to start another six this year. |
| 10 (7) | THE PACIFIC COS. 430 E. State St., Suite 100; Eagle, ID 83616 (208) 461-0022 | www.tpchousing.com | Caleb Roope, president and CEO | 563 236 | W | For-profit | In addition to its affordable housing, the firm closed market-rate projects in Hanford, Porterville, and Long Beach, Calif. |
| 11 (21) | MILLER-VALENTINE GROUP 9349 Waterstone Blvd.; Cincinnati, OH 45249 (513) 588-1000 | www.mvg.com | Brian McGeady, president, MV Affordable Housing Development | 540 348 | MW, NE, SC, SE | For-profit | The firm plans to spend more time looking for market-rate developments this year to complement its affordable housing business. |
| 12 (5) | BRIDGE HOUSING CORP. 600 California St., Suite 900; San Francisco, CA 94108 (415) 989-1111 | www.bridgehousing.com | Cynthia A. Parker, president and CEO | 513 485 | W | Nonprofit | BRIDGE expanded to the Pacific Northwest, with 794 units acquired and 155 units under construction in 2014. |
| 12 (new) | LDG DEVELOPMENT 1469 54th St.; Louisville, KY 40208 (502) 638-0534 | www.ldgdevelopment.com | Chris Dischinger and Mark Lechner, co-owners | 513 298 | MW, SC, SE | For-profit | LDG started construction on a 433-unit, multigenerational community in Austin, Texas, last year. |
| 13 (12) | REALTEX DEVELOPMENT CORP. 1101 S. Capital of Texas Highway, Suite F-200; Austin, TX 78746 (512) 306-9206 | www.realtexdevelopment.com | Rick Deyoe, president | 471 387 | SC, SE | For-profit | The firm continues to develop affordable housing while taking on more third-party construction and property maangement. |
| 14 (2) | RELATED CALIFORNIA 18201 Von Karman Ave., Suite 900; Irvine, CA 92612 (949) 660-7272 | www.relatedcalifornia.com | Frank Cardone, president of Related California Affordable | 445 418 | W | For-profit | Related California started four affordable housing projects in 2014 and plans to start 11 more this year. |
| 15 (13) | DOMINIUM 2905 Northwest Blvd., Suite 150; Plymouth, MN 55441 (763) 354-5500 | www.dominiumapartments.com | Paul Sween and Armand Brachman, managing partners | 412 260 | MW, SC, SE, W | For-profit | The firm recently started construction on The Cavanaugh in Crystal, Minn., one of several seniors housing developments Dominium has planned for the near future. |
| 16 (19) | CHELSEA INVESTMENT CORP. 5993 Avenida Encinas, Suite 101; Carlsbad, CA 92008 (760) 456-6000 | www.chelseainvestco.com | James J. Schmid, CEO | 401 265 | SE, W | For-profit | CIC closed on the financing for five affordable housing developments in 2014. |
| 17 (new) | TWG DEVELOPMENT 333 N. Pennsylvania St., Suite 100; Indianapolis, IN 46204 (317) 264-1833 | www.twgdev.com | Joe Whitsett, principal | 397 224 | MW | For-profit | TWG was awarded LIHTCs in both Iowa and Ohio, two states where it had hoped to expand. |
| 18 (3) | ATLANTIC PACIFIC COMMUNITIES 2950 S.W. 27th Ave., Suite 200; Miami, FL 33133 (305) 357-4700 | www.apcommunities.com | Kenneth Naylor, COO | 365 332 | NE, SC, SE, W | For-profit | APC won its first 9% LIHTC award in Texas and closed on its first affordable housing development in the District of Columbia in 2014. |
| 19 (new) | DUNN DEVELOPMENT CORP. 316 Douglass St., 2nd Floor; Brooklyn, NY 11217 (718) 388-9407 | www.dunndev.com | Martin Dunn, president | 358 221 | NE | For-profit | In addition to its affordable housing work, Dunn marked its first foray into market-rate homeownership projects last year. |
| 20 (31) | MERCY HOUSING 1999 Broadway, Suite 1000; Denver, CO 80202 (303) 830-3300 | www.mercyhousing.org | Jane Graf, president and CEO | 355 652 | National | Nonprofit | Mercy Housing started six new construction projects in 2014 and plans to start 11 more this year. |
| 21 (new) | MIDPEN HOUSING CORP. 303 Vintage Park Drive, Suite 250; Foster City, CA 94404 (650) 356-2900 | www.midpen-housing.org | Matthew O. Franklin, president | 341 85 | W | Nonprofit | MidPen has fortified its pipeline to have 577 units in construction this year. |
| 22 (25) | COLUMBIA RESIDENTIAL 1718 Peachtree St., N.W., Suite 684; Atlanta, GA 30309 (404) 874-5000 | www.columbiares.com | Noel Khalil and Jim Grauley, principals | 312 280 | SC, SE | For-profit | Columbia completed an off-site, new construction Rental Assistance Demonstration (RAD) project in Decatur, Ga. last year. |
| 23 (40) | PRESTWICK COS. 3715 Northside Pkwy., Bldg. 200, Suite 175; Atlanta, GA 30327 (404) 949-3870 | www.prestwickcompanies.com | Ken Blankenship, Darien Lee, and Jody Tucker, partners | 302 384 | SC, SE | For-profit | Prestwick broke ground on its first market-rate deal in 2014. |
| 24 (new) | PIRHL 4949 Galaxy Parkway, Suite S; Warrensville Heights, OH 44128 (216) 378-9690 | www.pirhl.com | David Burg and David Uram, managing members | 270 174 | MW, NE, SE | For-profit | The firm added two active RAD deals, which are expected to close this year, to its pipeline. |
| 25 (14) | VOLUNTEERS OF AMERICA 1660 Duke St.; Alexandria, VA 22314 (703) 341-5095 | www.voa.org | Patrick Sheridan, senior vice president of housing development | 269 244 | National | Nonprofit | The nonrprofit closed and started construction on two new family properties in Anchorage and Juneau, Alaska. |
| 26 (new) | L+M DEVELOPMENT PARTNERS 1865 Palmer Ave., Suite 203; Larchmont, NY 10538 (914) 833-3000 | www.lmdevpartners.com | Ron Moelis, CEO | 239 553 | NE, SC, W | For-profit | L+M completed the first phase of its geographic expansion, with projects in San Francisco, New Orleans, and New Jersey. |
| 27 (8) | HERMAN & KITTLE PROPERTIES 500 E. 96th St., Suite 300; Indianapolis, IN 46240 (317) 805-1980 | www.hermankittle.com | Jeffrey Kittle, president and CEO | 224 182 | National | For-profit | The firm closed five 9% LIHTC deals, a 4% acquisition-rehab deal, and acquired 13 properties by means of replacing the general partner in 2014. |
| 28 (new) | BENEFICIAL COMMUNITIES 3550 S. Tamiami Trail, Suite 301; Sarasota, FL 34239 (941) 929-1270 | www.beneficialcom.com | Donald Paxton, president | 210 69 | National | For-profit | Beneficial, which focuses on seniors and veterans housing, owns more than 2,600 affordable units in 29 projects. |
| 28 (new) | FORE PROPERTY CO. 600 New Hampshire Ave., N.W.; Washington, DC 20037 (202) 965-1224 | www.foreproperty.com | Rick Fore, chairman | 210 0 | National | For-profit | Development activities picked up substantially for Fore in 2014, with five lease-ups in various phases in different states. |
| 29 (16) | THE COMMUNITY BUILDERS 95 Berkeley St., Suite 500; Boston, MA 02116 (617) 695-9595 | www.tcbinc.org | Bart Mitchell, president and CEO | 205 160 | MW, NE, SE | Nonprofit | TCB started construction on five new affordable housing developments in 2014 and plans to start six more this year. |
| 30 (24) | ENTERPRISE HOMES 312 N. Martin Luther King Jr. Blvd., Suite 300; Baltimore, MD 21201 (410) 332-7400 | www.enterprisehomes.com | Chickie Grayson, president and CEO | 203 220 | NE | For-profit | The firm began pre-development work on 68 affordable units in the Bromo Tower Arts and Entertainment District of Baltimore |
| 30 (new) | SKA MARIN 98 Cutter Mill Road, Suite 342 South; Great Neck, NY 11021 (516) 466-9581 | www.skamarin.com | Stephanie Knepper, counsel and vice president | 203 176 | NE | For-profit | SKA Marin, which specializes in seniors housing, closed on a Medicaid Redesign Team project in New York, 176 units for the chronically disabled in Manhattan. |
| 30 (new) | TRIANGLE DEVELOPMENT 102 First Choice Drive; Madison, MS 39110 (601) 853-9326 | www.triangledevelopmentllc.com | Robert C. King, president and CEO | 203 0 | SC, SE | For-profit | The firm, which began its affordable housing activities in 2013, closed and began construction on four 9% LIHTC projects in Mississippi last year. |
| 31 (36) | JAMBOREE HOUSING CORP. 17701 Cowan Ave., Suite 200; Irvine, CA 92614 (949) 263-8676 | www.jamboreehousing.com | Laura Archuleta, president | 202 154 | W | Nonprofit | Jamboree has started its own construction company to take on new construction and rehab projects in-house. |
| 32 (new) | HOUSING VISIONS 1201 E. Fayette St.; Syracuse, NY 13210 (315) 472-3820 | www.housingvisions.org | Rebecca Newman, executive vice president | 193 118 | NE | Nonprofit | The nonprofit expanded its footprint in 2014 to include the cities of Albany, Buffalo, and Niagara Falls in upstate New York. |
| 33 (new) | PICERNE REAL ESTATE GROUP 247 N. Westmonte Drive; Altamonte Springs, FL 32714 (407) 772-0200 | www.picernerealtygroup.com | Robert M. Picerne, COO | 182 11 | National | For-profit | Picerne started construction on three new affordable housing developments in 2014 and plans to start another three this year. |
| 34 (9) | AMCAL MULTI-HOUSING 30141 Agoura Road, Suite 100; Agoura Hills, CA 91301 (818) 706-0694 | www.amcalhousing.com | Percival Vaz, CEO | 178 274 | SC, W | For-profit | The firm recently received three LIHTC allocations in Texas as it expands into the state. |
| 35 (new) | OMNI NEW YORK 885 Second Ave., 31st Floor; New York, NY 10017 (646) 502-7192 | www.onyllc.com | Megan Thomas, executive vice president and COO | 176 0 | NE, W | For-profit | Omni, which has focused on acquisition-rehab projects, began its first large-scale new construction development in the Bronx. |
| 36 (18) | NORSTAR DEVELOPMENT USA 200 S. Division St.; Buffalo, NY 14204 (716) 847-1098 | www.norstarcompanies.com | Linda Goodman, vice president | 174 318 | MW, NE, SC, SE | For-profit | The company, which specializes in work with public housing authorities and nonprofit partners, started construction on three projects in 2014. |
| 37 (39) | COMMUNITY INVESTMENT STRATEGIES 1970 Brunswick Ave., Suite 100; Lawrenceville, NJ 08648 (609) 298-2229 | www.cisnj.com | Christiana Foglio, owner and CEO | 171 144 | NE | For-profit | Both of the firm’s 2014 project starts utilize New Jersey Hurricane Sandy (CDBG-DR) funds. |
| 38 (49) | WINNCOMPANIES 6 Faneuil Hall Marketplace; Boston, MA 02109 (617) 239-4554 | www.winnco.com | Adam Stein, senior vice president, WinnDevelopment | 165 216 | NE, SC, SE, W | For-profit | The company is partnering with a housing authority in Upstate New York to transform a historic schoool into housing. |
| 39 (new) | MADHOUSE DEVELOPMENT SERVICES 8311 Rockwood Lane; Austin, TX 78757 (512) 633-4037 | www.madhousedevelopment.net | Henry Flores, president | 160 180 | SC | For-profit | The firm completed construction on a $22 million, 180-unit project in 2014. |
| 40 (new) | USA PROPERTIES FUND 3200 Douglas Blvd., Suite 200; Roseville, CA 95661 (916) 773-6060 | www.usapropfund.com | Geoffrey C. Brown, president | 158 0 | W | For-profit | USA Properties broke ground on its first scattered-site project in Santa Rosa, Calif. |
| 41 (16) | THE ARKER COS. 15 Verbena Ave., Suite 100; Floral Park, NY 11001 (516) 277-9325 | www.arkercompanies.com | Daniel Moritz, principal | 156 65 | NE | For-profit | In 2014, Arker had its biggest year, in terms of total development costs, for projects closed, topping $200 million. |
| 41 (new) | COMMUNITY HOUSINGWORKS 2815 Camino del Rio S., Suite 350; San Diego, CA 92108 (619) 450-8709 | www.chworks.org | Anne B. Wilson, senior vice president, housing and real estate finance | 156 0 | W | Nonprofit | The nonprofit grew its multifamily pipeline of active projects by almost 70% last year. |
| 42 (new) | THOMAS SAFRAN & ASSOCIATES 11812 San Vicente Blvd., Suite 600; Los Angeles, CA 90049 (310) 820-4888 | www.tsahousing.com | Tom Safran, chairman | 152 40 | W | For-profit | The firm started construction in February 2014 on Veterans Village, a 44-unit affordable housing community in Glendale, Calif. |
| 43 (26) | EDEN HOUSING 22645 Grand St.; Hayward, CA 94541 (510) 582-1460 | www.edenhousing.org | Linda Mandolini, president | 151 142 | W | Nonprofit | In 2014, Eden closed on several new deals, including its South Hayward BART property that had been stalled due to the demise of California’s redevelopment agencies. |
| 44 (new) | COSTELLO COS. 7409 S. Bitterroot Place; Sioux Falls, SD 57108 (605) 336-9131 | www.costelloco.com | Joan Franken, managing director | 150 142 | MW | For-profit | After starting three affordable housing projects in 2014, the firm plans to start three more this year. |
| 44 (29) | GORMAN & CO. 200 N. Main St.; OREGON, WI 53575 (608) 835-3900 | www.gormanusa.com | Tom Capp, COO | 150 173 | National | For-profit | In 2014, Gorman expanded to Colorado, built more non-LIHTC workforce housing, and increased its partnerships with public housing authorities. |
| 45 (new) | DAKOTA PARTNERS 1264 Main St.; Waltham, MA 02451 (781) 899-4002 | www.dakotapartners.net | Marc Daigle and Roberto Arista, principals | 145 63 | NE | For-profit | The firm completed two developments and started construction on three new projects in 2014. |
| 46 (43) | FLAHERTY & COLLINS PROPERTIES 8900 Keystone Crossing, Suite 1200; Indianapolis, IN 46240 (317) 816-9300 | www.flco.com | Duane Miller, vice president of community development amd asset management | 137 97 | National | For-profit | In 2014, the firm was busy building Downtown Terrace, a LIHTC development that will also bring the first health clinic to Pike County, Ind. |
| 47 (new) | COMMUNITY HOUSING PARTNERS 448 Depot St.; Christiansburg, VA 24073 (540) 382-2002 | www.communityhousingpartners.org | Janaka Casper, president and CEO | 136 8 | NE, SE | Nonprofit | CHP was awarded LIHTCs on three new construction projects and two preservation deals in 2014, including two RAD transactions. |
| 48 (new) | REACH COMMUNITY DEVELOPMENT 4150 S.W. Moody Ave.; Portland, OR 97239 (503) 231-0682 | www.reachcdc.org | Dan Valliere, CEO | 117 0 | W | Nonprofit | The nonprofit devoted significant time in 2014 to development opportunities in areas of growth outside of Portland city limits. |
| 49 (new) | BEAR DEVELOPMENT 4011 80th St.; Kenosha, WI 53142 (262) 842-0456 | www.beardevelopment.com | S.R. Mills, president | 109 24 | MW, SE, W | For-profit | Bear began converting a historic office building in downtown Milwaukee into 49 loft apartments last year. |
| 50 (32) | RETIREMENT HOUSING FOUNDATION 911 N. Studebaker Road; Long Beach, CA 90815 (562) 257-5100 | www.rhf.org | Laverne R. Joseph, president and CEO | 107 167 | National | Nonprofit | RHF had seven major projects under construction during 2014. |
Top 50 Affordable Housing Developers of 2014
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