Greystar is now the largest apartment owner in the U.S., snatching the crown from perennial leader Mid-America Apartments (MAA), according to the latest rankings from the National Multifamily Housing Council.

Charleston, SC-based Greystar scored a trifecta of top categories in NMHC's annual rankings, also notching the top positions as the largest manager and with the largest development pipeline.

Greystar added nearly 10,000 new units to its portfolio in 2023, primarily in the Sun Belt, bringing its total to 108,566. In addition to the units it owns, Greystar is managing 789,272 units across the country, according to NMHC's year-end count, CoStar reported.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.