Key takeaways
- Scale defines impact. Together, the top 50 property developers have shaped more than 1,000 properties across the nation, transforming land into thriving communities.
- Behind every groundbreaking project are people. These firms employ an estimated 16,000 professionals, powering the design, construction, and management of tomorrow’s housing.
- The numbers show a market in motion. Collectively, the top 50 developers have built or manage roughly 236,000 units, underscoring their role in meeting America’s growing housing demand.
- And the scale translates to influence. Publicly reporting companies in this group generated an estimated $11.3 billion in 2024 revenue, reflecting a sector that continues to drive economic growth and urban transformation.
Editor’s note: This list was compiled using publicly available data from leading industry sources — including NMHC, CoStar, Yardi Matrix, RealPage, NAA, company reports, and state business records — to highlight top property developers across the U.S.
What does it take to build the future? To turn blueprints into skylines and ideas into thriving communities? In the last year, these 50 real estate developers are shaping how and where we live, one project at a time.
This isn’t just a list of builders. It’s a look at the visionaries behind America’s most ambitious developments, at the firms driving innovation in design, sustainability, and community building. From revitalized downtowns to master-planned neighborhoods, they’re redefining what it means to create place and purpose.
We’ve identified the top developer in every state, highlighting the companies combining creativity with impact. Together, they represent the foundation, and the future, of real estate development in America.
Navigate the list:
- Alabama — Georgia
- Hawaii — Maryland
- Massachusetts — New Jersey
- New Mexico — South Carolina
- South Dakota — Wyoming
Alabama – Georgia
Alabama
Capstone Communities
Website: https://www.capstone-communities.com
Based in Birmingham, Capstone Communities focuses on creating student housing and multifamily communities throughout the Southeast. The firm is known for its innovative build-to-rent neighborhoods and purpose-built student living projects that emphasize modern design and community engagement. Capstone continues to expand its footprint with a commitment to quality construction and thoughtful planning.
Alaska
Cook Inlet Housing Authority (CIHA)
Website: https://www.cookinlethousing.org
Cook Inlet Housing Authority develops affordable, sustainable housing to serve Alaska’s diverse communities. Headquartered in Anchorage, CIHA focuses on revitalizing neighborhoods and providing equitable housing opportunities for Alaskans. The organization is recognized for blending traditional values with modern design to strengthen local communities.
Arizona
Mark-Taylor Development
Website: https://www.mark-taylor.com/development
Mark-Taylor Development is one of Arizona’s most respected multifamily developers, known for luxury apartment communities and best-in-class amenities. With decades of experience, the company sets a high standard for design and livability across the Phoenix and Tucson markets. Mark-Taylor’s developments reflect a commitment to lifestyle-driven design and long-term value.
Arkansas
Specialized Real Estate Group (SREG)
Website: https://www.specializedreg.com
Headquartered in Fayetteville, Specialized Real Estate Group develops multifamily and mixed-use projects that prioritize sustainability and community wellness. Their developments often feature green building certifications and walkable designs that enrich urban life. SREG has earned recognition for integrating architecture, nature, and neighborhood connection.
California
Related California
Website: https://www.relatedcalifornia.com
Related California is a leading developer of luxury, affordable, and mixed-income housing across the state. Known for iconic projects that redefine urban living, Related California combines design excellence with social impact. The firm’s portfolio spans high-rise communities, affordable housing, and transformative mixed-use developments.
Colorado
McWhinney
Website: https://www.mcwhinney.com
McWhinney is a Denver-based real estate investment and development firm creating innovative, sustainable communities across the West. Its portfolio includes residential, hospitality, and mixed-use developments that emphasize experience and design. McWhinney’s projects, like Centerra in Loveland, have become models for community-driven development.
Connecticut
RMS Companies
Website: https://www.rms-companies.com
RMS Companies develops high-end multifamily and hospitality projects throughout Connecticut and beyond. The company is known for transforming underutilized sites into vibrant living spaces that blend luxury with practicality. RMS’s developments are characterized by modern architecture, upscale amenities, and strong community integration.
Delaware
The Buccini/Pollin Group (BPG)
Website: https://www.bpgroup.net
The Buccini/Pollin Group has transformed Wilmington and the Mid-Atlantic region through visionary urban redevelopment. Specializing in mixed-use, residential, and hospitality projects, BPG has helped redefine downtown living. The firm’s work is marked by a commitment to revitalization and long-term community growth.
Florida
FCI Residential
Website: https://www.fciresidential.com/
FCI Residential is a South Florida–based developer known for creating high-quality, thoughtfully designed multifamily communities across the region. Backed by the strength of Florida Crystals Corporation, the firm focuses on delivering modern, amenity-rich living environments that support long-term resident satisfaction. With a growing portfolio throughout Miami-Dade, Broward, and Palm Beach counties, FCI Residential continues to shape Florida’s rental landscape through strategic site selection, durable construction, and a commitment to elevating everyday living.
Georgia
Wood Partners
Website: https://www.woodpartners.com
Atlanta-based Wood Partners is a national multifamily developer recognized for its signature Alta communities. With a presence in major markets across the U.S., the firm focuses on high-quality apartment living with an emphasis on design, comfort, and sustainability. Wood Partners consistently ranks among the nation’s top multifamily developers.
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Hawaii – Maryland
Hawaii
The Howard Hughes Corporation (Ward Village)
Website: https://www.wardvillage.com
The Howard Hughes Corporation’s Ward Village is a landmark master-planned community in Honolulu. Blending modern architecture with island heritage, it’s transforming the Kaka‘ako neighborhood into a world-class destination. The development is celebrated for sustainability, design, and community integration.
Idaho
Roundhouse
Website: https://www.rndhouse.com
Roundhouse develops and manages multifamily properties across Idaho and the Pacific Northwest. The firm’s projects prioritize craftsmanship, community, and sustainability. Known for both new construction and adaptive reuse, Roundhouse creates thoughtful spaces that enhance local living.
Illinois
Related Midwest
Website: https://www.relatedmidwest.com
As part of the Related family of companies, Related Midwest is behind some of Chicago’s most iconic developments. From luxury towers to affordable housing initiatives, the firm brings a high standard of design and execution. Its projects combine architectural excellence with neighborhood revitalization.
Indiana
Milhaus
Website: https://www.milhaus.com
Milhaus is an Indianapolis-based developer focused on delivering attainable, high-quality urban housing. The company’s projects balance modern design with long-term sustainability and community connection. With developments across the Midwest and beyond, Milhaus is redefining multifamily living for the next generation.
Iowa
Hubbell Realty Company
Website: https://www.hubbellrealty.com
Hubbell Realty Company has been shaping Iowa communities for more than a century. Based in Des Moines, the company develops multifamily, commercial, and residential properties rooted in quality and community engagement. Its legacy reflects a deep commitment to growth and innovation in the Midwest.
Kansas
EPC Real Estate Group
Website: https://www.epcrealestate.com
EPC Real Estate Group focuses on high-quality multifamily and mixed-use developments across the Midwest. With a collaborative approach, EPC designs communities that blend functionality with aesthetics. The firm is known for its forward-thinking projects in Kansas City and beyond.
Kentucky
LDG Development
Website: https://www.ldgdevelopment.com
LDG Development is one of the nation’s leading affordable housing developers, with projects spanning multiple states. Based in Louisville, LDG builds communities that promote accessibility, quality, and dignity in housing. Their mission-driven approach has delivered thousands of affordable homes nationwide.
Louisiana
The Domain Companies
Website: https://www.thedomaincos.com
The Domain Companies is a New Orleans-based developer known for transformative urban projects. Its mixed-use and residential developments focus on sustainability, design, and community enrichment. Domain’s portfolio spans Louisiana, New York, and Utah, with an emphasis on creating lasting value.
Maine
The Szanton Company
Website: https://www.szantoncompany.com
The Szanton Company develops mixed-income apartment buildings that enhance downtown areas across Maine. Their projects combine historic preservation with modern construction, contributing to urban revitalization. The company is known for fostering community growth through equitable housing.
Maryland
Bozzuto Development Company
Website: https://www.bozzuto.com/development
Bozzuto Development Company creates mixed-use and multifamily communities that set new standards in design and experience. Headquartered in Greenbelt, Bozzuto’s developments emphasize sustainability, inclusivity, and lifestyle. The firm’s work consistently elevates residential living across the Mid-Atlantic and beyond.
Massachusetts – New Jersey
Massachusetts
Trinity Financial
Website: https://www.trinityfinancial.com
Trinity Financial is a Boston-based real estate firm specializing in mixed-use, mixed-income developments. The company is acclaimed for its public-private partnerships that revitalize neighborhoods while preserving affordability. Trinity’s projects blend innovation with social responsibility.
Michigan
Bedrock
Website: https://www.bedrockdetroit.com
Bedrock is Detroit’s leading real estate developer, driving the city’s ongoing revitalization. The company’s portfolio includes office, retail, and residential properties that bring new life to downtown Detroit. Bedrock’s vision combines urban innovation with community reinvestment.
Minnesota
Ryan Companies
Website: https://www.ryancompanies.com
Ryan Companies is a national real estate firm based in Minneapolis, with expertise across multiple sectors. The company designs, develops, and builds communities that balance functionality, beauty, and sustainability. Ryan’s integrated approach delivers award-winning projects nationwide.
Mississippi
StateStreet Group
Website: https://www.statestreetgroup.com
StateStreet Group focuses on developing high-quality multifamily and mixed-use properties across the Southeast. Based in Jackson, the firm has a strong reputation for innovative design and resident-focused amenities. StateStreet is dedicated to enhancing the communities it serves through thoughtful development.
Missouri
McCormack Baron Salazar (MBS)
Website: https://www.mccormackbaron.com
McCormack Baron Salazar is a pioneer in urban revitalization, specializing in affordable and mixed-income housing. Headquartered in St. Louis, MBS has completed projects in over 40 cities nationwide. The firm’s mission centers on rebuilding neighborhoods and promoting equitable development.
Montana
BlueLine Development
Website: https://www.bluelinedevelopment.com
BlueLine Development delivers affordable and workforce housing projects across the Mountain West. Based in Montana, the company combines smart design with sustainability to meet community needs. BlueLine’s work helps expand housing opportunities in underserved regions.
Nebraska
Bluestone Development
Website: https://www.bluestonedev.com
Bluestone Development, based in Omaha, creates multifamily and mixed-use projects that enliven urban cores. The firm’s developments reflect an emphasis on walkability, creativity, and sustainability. Bluestone is known for helping reshape Nebraska’s modern urban landscape.
Nevada
The Calida Group (Elysian Living)
Website: https://www.thecalidagroup.com
The Calida Group is behind Elysian Living, a collection of upscale apartment communities throughout Nevada. Known for resort-style amenities and contemporary design, Calida has redefined luxury living in Las Vegas. The company continues to expand its footprint with lifestyle-driven developments.
New Hampshire
Brady Sullivan Properties
Website: https://www.bradysullivan.com
Brady Sullivan Properties is a leader in adaptive reuse and multifamily development across New England. The firm converts historic mill buildings into modern loft-style residences that blend charm with convenience. Brady Sullivan’s projects contribute to sustainable urban renewal.
New Jersey
KRE Group
Website: https://www.thekregroup.com
KRE Group develops luxury and mixed-use properties throughout the New York metro area. Headquartered in Jersey City, the firm is known for skyline-defining projects and vibrant communities. KRE’s developments emphasize livability, design, and lasting value.
New Mexico – South Carolina
New Mexico
Titan Development
Website: https://www.titan-development.com
Titan Development delivers residential, industrial, and mixed-use projects across the Southwest. Based in Albuquerque, the company blends smart growth principles with local insight. Titan is recognized for its consistent innovation and regional impact.
New York
L+M Development Partners
Website: https://www.lmdevpartners.com
L+M Development Partners is one of New York City’s most influential developers, specializing in affordable and mixed-income housing. The firm’s projects transform neighborhoods while preserving their character. With a strong focus on equity and design, L+M continues to shape urban living across the region.
North Carolina
Crescent Communities
Website: https://www.crescentcommunities.com
Crescent Communities develops residential, commercial, and mixed-use projects across the U.S. Southeast. Based in Charlotte, the company’s projects emphasize sustainability, wellness, and modern design. Crescent’s communities are known for thoughtful placemaking and long-term value creation.
North Dakota
Roers
Website: https://www.roers.com
Roers is a Fargo-based development and construction firm with projects across the Upper Midwest. The company delivers multifamily, commercial, and student housing that supports community growth. Roers’ integrated approach ensures quality, innovation, and local impact.
Ohio
The NRP Group
Website: https://www.nrpgroup.com
The NRP Group is a nationally recognized developer of affordable and market-rate housing. Based in Cleveland, the company has delivered thousands of units nationwide. NRP’s vertically integrated model ensures excellence from concept to completion.
Oklahoma
American Residential Group (ARG)
Website: https://www.argtulsa.com
American Residential Group, based in Tulsa, develops multifamily communities across Oklahoma and the southern U.S. The firm is known for its resident-first approach and commitment to design and quality. ARG continues to shape the region’s housing landscape with purpose-built communities.
Oregon
Guardian Real Estate Services
Website: https://www.gres.com
Guardian Real Estate Services develops, manages, and invests in multifamily and affordable housing across the Pacific Northwest. With a focus on sustainability and community building, Guardian creates spaces that improve quality of life. The company’s work reflects decades of dedication to responsible development.
Pennsylvania
Post Brothers
Website: https://www.postrents.com
Post Brothers develops high-end multifamily properties that redefine luxury living in Philadelphia and beyond. Known for their bold design and historic restorations, the company merges innovation with craftsmanship. Post Brothers’ developments elevate city living through creativity and quality.
Rhode Island
Cornish Associates
Website: https://www.cornishassociates.com
Cornish Associates leads the revitalization of Providence’s downtown through thoughtful mixed-use developments. The firm is known for creating pedestrian-friendly urban neighborhoods that foster community. Their projects showcase a deep respect for history and placemaking.
South Carolina
The Beach Company
Website: https://www.thebeachcompany.com
The Beach Company has been shaping the Charleston region and the Southeast for more than 75 years. The firm’s portfolio includes multifamily, commercial, and mixed-use developments that emphasize quality and longevity. The Beach Company’s projects combine Southern charm with contemporary design.
South Dakota – Wyoming
South Dakota
Lloyd Companies
Website: https://www.lloydcompanies.com
Lloyd Companies develops, builds, and manages residential and commercial properties throughout the Midwest. Based in Sioux Falls, Lloyd’s projects focus on creating thriving communities through thoughtful design and local engagement. The company’s integrated approach supports sustainable regional growth.
Tennessee
Southern Land Company
Website: https://www.southernland.com
Southern Land Company is a Nashville-based developer known for master-planned, mixed-use communities. The firm combines timeless architecture with walkable design and community amenities. Southern Land’s projects reflect craftsmanship, quality, and an enduring sense of place.
Texas
Trammell Crow Residential
Website: https://www.crowholdings.com/trammell-crow-residential
Trammell Crow Residential is one of the most established multifamily developers in the nation. With a portfolio spanning decades, TCR delivers high-quality rental communities across major U.S. markets. The firm is recognized for its innovation, consistency, and leadership in apartment development.
Utah
PEG Companies
Website: https://www.pegcompanies.com
PEG Companies develops and manages multifamily, hospitality, and mixed-use projects across the Mountain West. Based in Provo, the firm focuses on community-enhancing developments with strong returns. PEG is known for its creative approach to real estate investment and design.
Vermont
O’Brien Brothers
Website: https://www.obrienbrothersvt.com
O’Brien Brothers is one of Vermont’s most respected developers, with a legacy spanning more than a century. The company focuses on residential and mixed-use projects that balance growth with environmental stewardship. O’Brien Brothers’ developments embody Vermont’s sense of community and natural beauty.
Virginia
JBG SMITH
Website: https://www.jbgsmith.com
JBG SMITH is a Washington, D.C.–area developer behind transformative mixed-use projects like National Landing. The firm’s portfolio emphasizes placemaking, sustainability, and smart urban design. JBG SMITH continues to redefine the modern urban experience across the Capital Region.
Washington
Vulcan Real Estate
Website: https://www.vulcanrealestate.com
Vulcan Real Estate, founded by Paul Allen, is a major force in Seattle’s urban transformation. The company’s developments span residential, commercial, and cultural projects that enhance livability and innovation. Vulcan is known for leading with sustainability and community impact.
West Virginia
Pope Properties
Website: https://popeproperties.com/
Pope Properties develops and manages multifamily communities across West Virginia. The company focuses on quality construction, resident satisfaction, and local growth. With decades of experience, Pope continues to strengthen neighborhoods through well-designed housing.
Wisconsin
Mandel Group
Website: https://www.mandelgroup.com
Mandel Group is a Milwaukee-based developer specializing in multifamily and mixed-use properties. Known for architectural quality and community engagement, Mandel’s projects enhance urban living throughout the Midwest. The firm emphasizes thoughtful design and long-term value.
Wyoming
Orion Real Estate Investment & Development
Website: https://www.orion-companies.com/
Orion Real Estate Investment & Development delivers commercial and residential projects across the Mountain West. Based in Jackson, the firm focuses on sustainable, high-quality construction that complements local landscapes. Orion’s developments reflect integrity, innovation, and regional pride.
Disclaimer: The information in this article is based on publicly available sources and our own selection methodology. It is intended for general informational purposes only and does not represent an endorsement of any specific company. Company details, rankings, and portfolios may change over time, and readers should verify current information directly with each firm.
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