The Top 50 Property Owners in Each State

 

 

What does it take to own the skyline? To shape the places where people live, work, and connect? This year, these 50 property owners are redefining real estate from the ground up, transforming land into legacy across every corner of the country. This isn’t just a list of landlords. It’s a look at the visionaries behind the nation’s most dynamic developments, the real estate investors, builders, and stewards who see potential where others see property.

From luxury high-rises to affordable housing, they’re setting the tone for how communities grow. We’ve identified the top property owner in every state, striking a balance between local impact and national scale. Together, they represent the power, progress, and purpose driving American real estate forward.

Navigate the list:

• Alabama — Georgia
• Hawaii — Maryland
• Massachusetts — New Jersey
• New Mexico — South Carolina
• South Dakota — Wyoming

 

 

Alabama – Georgia

 

Alabama

Arlington Properties

Website: arlingtonproperties.net

Arlington Properties, based in Birmingham, Alabama, is a fully integrated real estate company specializing in the development, construction, and management of multifamily communities. Founded in 1969, the company has built a legacy of creating high-quality, resident-focused living environments throughout the Southeast. Guided by a commitment to integrity and innovation, Arlington continues to deliver vibrant communities that enhance the lives of residents and strengthen the neighborhoods they serve.

 

Alaska

JL Properties

Website: jlproperties.com

JL Properties, headquartered in Anchorage, Alaska, is one of the state’s largest real estate investment and development firms. Established in 1989, the company’s diverse portfolio spans residential, commercial, and military housing, as well as large-scale development projects that shape Alaska’s urban landscape. Known for its deep community roots and long-term investment approach, JL Properties continues to set the standard for quality and stability in Alaskan real estate.

 

Arizona

Alliance Residential

Website: allresco.com

Alliance Residential, based in Scottsdale, Arizona, is one of the largest multifamily real estate developers and owners in the United States. Since its founding in 2000, Alliance has developed and acquired hundreds of communities under its signature Broadstone and Prose brands, with a focus on luxury, lifestyle, and attainable housing. The company’s success is driven by a commitment to design excellence, resident experience, and sustainable development that enhances communities nationwide.

 

Arkansas

Lindsey Management Co.

Website: lindseymanagement.com

Lindsey Management Co., headquartered in Fayetteville, Arkansas, is one of the region’s leading owners and operators of apartment communities and golf courses. Established in 1985, the company manages thousands of units across multiple states, offering well-maintained, affordable housing options with a focus on comfort and convenience. With its hands-on management style and commitment to resident satisfaction, Lindsey Management continues to shape welcoming, high-quality living environments throughout the South.

 

California

Essex Property Trust

Website: essexapartmenthomes.com

Essex Property Trust, headquartered in San Mateo, California, is one of the nation’s leading multifamily real estate investment trusts (REITs). Since its founding in 1971, Essex has focused on acquiring, developing, and managing apartment communities in supply-constrained coastal markets, particularly in California and Washington. The company is known for its strategic long-term growth, resident-first philosophy, and commitment to sustainability. With a portfolio exceeding 250 communities, Essex continues to shape premier living experiences along the West Coast.

 

Colorado

UDR Inc.

Website: udr.com

UDR, Inc., based in Highlands Ranch, Colorado, is a publicly traded real estate investment trust specializing in high-quality apartment communities. Founded in 1972, UDR owns, operates, and develops multifamily properties in some of the country’s most desirable urban markets. The company is recognized for its focus on innovation, sustainability, and resident satisfaction, integrating technology and design to create modern living environments. Through consistent performance and forward-thinking strategy, UDR remains a leader in the multifamily housing industry.

 

Connecticut

UBS Realty Investors

Website: ubs.com/us/en/real-estate.html

UBS Realty Investors, headquartered in Hartford, Connecticut, manages real estate investments on behalf of institutional clients across the United States. As part of UBS Asset Management, the firm offers a broad portfolio of office, retail, industrial, and multifamily assets. With decades of experience and a disciplined investment approach, UBS Realty Investors focuses on creating long-term value through strategic acquisitions and active management. Their commitment to quality and innovation has made them a trusted name in U.S. commercial and residential real estate.

 

Delaware

Evergreen Apartment Group

Website: evergreenapartments.com

Evergreen Apartment Group, based in Wilmington, Delaware, is a family-owned real estate company specializing in the ownership and management of multifamily communities. Established in 1987, Evergreen manages a diverse portfolio of apartments throughout Delaware, Maryland, and Pennsylvania. The company’s mission centers on delivering well-maintained, affordable, and welcoming homes while maintaining long-term relationships with residents and partners. With its hands-on approach and dedication to service, Evergreen continues to strengthen communities across the Mid-Atlantic.

 

Florida

Mill Creek Residential

Website: millcreekplaces.com

Mill Creek Residential, headquartered in Boca Raton, Florida, is a nationally recognized multifamily developer, owner, and operator. Founded in 2011, the company has rapidly grown its footprint with thousands of apartment homes under its Modera and Alister brands. Mill Creek is known for its design-driven approach and commitment to creating exceptional living experiences that combine style, comfort, and convenience. Through its focus on quality and innovation, Mill Creek continues to redefine modern apartment living across the country.

 

Georgia

GID

Website: gid.com

GID, headquartered in Atlanta, Georgia, is a vertically integrated real estate investment and management company with a portfolio spanning multifamily, industrial, and mixed-use properties. Founded in 1960, GID manages tens of thousands of apartment homes through its Windsor Communities brand while maintaining a strong national presence. The company emphasizes responsible investing, design excellence, and long-term community impact. With a forward-looking approach and decades of expertise, GID remains a trusted leader in the multifamily sector.

 

Hawaii – Maryland

 

Hawaii

Alexander & Baldwin

Website: alexanderbaldwin.com

Alexander & Baldwin, headquartered in Honolulu, Hawaii, is one of the state’s oldest and most established real estate companies. Founded in 1870, the firm has evolved from its agricultural roots into a diversified real estate investment and development company. Its portfolio includes retail, industrial, and residential properties across the Hawaiian Islands. With a deep commitment to community and sustainability, Alexander & Baldwin continues to shape Hawaii’s built environment while preserving its local heritage.

 

Idaho

Kennedy Wilson

Website: kennedywilson.com

Kennedy Wilson, with offices in Boise and global headquarters in Beverly Hills, is a leading real estate investment company specializing in multifamily and commercial assets. Established in 1977, the firm manages a diversified portfolio across the western United States, the U.K., and Ireland. In Idaho, Kennedy Wilson focuses on high-quality residential communities that balance comfort, convenience, and value. The company’s strategic, long-term investment approach has earned it a reputation for stability and excellence in property ownership.

 

Illinois

Equity Residential

Website: equityapartments.com

Equity Residential, headquartered in Chicago, Illinois, is one of the largest publicly traded owners and operators of apartment communities in the United States. Founded in 1969 by real estate visionary Sam Zell, the company owns and manages more than 300 properties across major metropolitan areas. Equity Residential is known for its focus on urban, high-quality living and its commitment to sustainability and technology-driven management. Through consistent innovation and resident-focused service, the company continues to set the standard for modern apartment living.

 

Indiana

Gene B. Glick Company

Website: genebglick.com

The Gene B. Glick Company, based in Indianapolis, Indiana, is one of the nation’s largest privately held real estate ownership, development, and management firms. Founded in 1947, Glick has built and maintained thousands of multifamily homes across the country, with a focus on affordable and workforce housing. The company’s mission is grounded in creating quality communities where residents can live, work, and thrive. Through integrity, philanthropy, and community engagement, Glick continues to carry forward its founder’s legacy of service and excellence.

 

Iowa

BH Equities

Website: livebh.com

BH Equities, headquartered in Des Moines, Iowa, is a leading multifamily investment and management company operating under the BH brand. Founded in 1993, the firm oversees a portfolio of more than 100,000 units nationwide, combining investment expertise with exceptional property management. BH Equities focuses on creating spaces that foster community, comfort, and convenience for residents. With its data-driven approach and resident-first mindset, BH continues to redefine excellence in multifamily housing.

 

Kansas

Cohen-Esrey

Website: cohenesrey.com

Cohen-Esrey, based in Overland Park, Kansas, has been developing, owning, and managing multifamily communities for more than 50 years. The company specializes in affordable, workforce, and market-rate housing across the Midwest and beyond. Through its integrated services, including development, construction, and management, Cohen-Esrey ensures quality and consistency in every project. Rooted in a mission to build thriving communities, the company remains a trusted leader in property ownership and development.

 

Kentucky

Winterwood Inc.

Website: winterwoodonline.com

Winterwood Inc., headquartered in Lexington, Kentucky, is a full-service real estate development and property management company. Since 1979, the company has specialized in affordable, senior, and multifamily housing throughout the Southeastern United States. Winterwood’s success stems from its commitment to quality construction, responsive management, and community investment. With a people-first approach, Winterwood continues to provide safe, comfortable, and affordable housing options across Kentucky and beyond.

 

Louisiana

1st Lake Properties

Website: 1stlake.com

1st Lake Properties, based in Metairie, Louisiana, has been a trusted name in multifamily ownership and management since 1970. The company owns and operates over 9,000 apartment homes throughout the Greater New Orleans area and beyond. Known for its hands-on management, attention to detail, and commitment to resident satisfaction, 1st Lake creates communities that feel like home. Through quality service and continuous improvement, the company has earned a reputation as one of the Gulf South’s most respected property owners.

 

Maine

Avesta Housing

Website: avestahousing.org

Avesta Housing, headquartered in Portland, Maine, is a nonprofit organization dedicated to affordable housing development and property management. Founded in 1972, Avesta manages thousands of apartment homes across Maine and New Hampshire, serving residents of all ages and incomes. The organization focuses on creating safe, sustainable, and inclusive communities where people can thrive. With a mission-driven approach, Avesta Housing continues to be a cornerstone of affordable housing in Northern New England.

 

Maryland

Southern Management Companies

Website: southernmanagement.com

Southern Management Companies, based in Vienna, Virginia, and operating extensively throughout Maryland, is one of the region’s largest privately owned real estate firms. Founded in 1965, the company owns and manages more than 70 apartment communities and numerous commercial properties. Southern Management is known for its strong local presence, commitment to diversity, and dedication to resident and employee well-being. Through responsible ownership and community investment, the company continues to shape vibrant neighborhoods across the Mid-Atlantic.

 

Massachusetts – New Jersey

 

Massachusetts

Berkshire Residential Investments

Website: berkshireresi.com

Berkshire Residential Investments, headquartered in Boston, Massachusetts, is a leading real estate investment management company specializing in U.S. multifamily housing. With origins dating back to 1966, Berkshire oversees a diverse portfolio of apartment communities nationwide, combining institutional expertise with local market knowledge. The company’s disciplined approach focuses on long-term value creation, sustainability, and resident experience. Through innovation and integrity, Berkshire continues to elevate multifamily living across the country.

 

Michigan

Edward Rose & Sons

Website: edwardrose.com

Edward Rose & Sons, based in Bloomfield Hills, Michigan, is one of the nation’s largest privately owned multifamily housing developers and owners. Founded in 1921, the company has built and managed tens of thousands of apartment homes across the Midwest and beyond. Known for its vertically integrated operations and commitment to quality, Edward Rose & Sons manages every step of development in-house, from design to long-term ownership. With more than a century of experience, the company continues to create enduring, resident-focused communities.

 

Minnesota

Dominium

Website: dominiumapartments.com

Dominium, headquartered in Plymouth, Minnesota, is one of the nation’s largest affordable housing development and management companies. Since 1972, Dominium has built and preserved thousands of apartment homes across the United States, with a focus on creating high-quality, attainable housing for families and seniors. The company is widely recognized for its expertise in tax-credit financing and community revitalization. Guided by its mission to provide stable homes and opportunities, Dominium continues to expand its positive impact nationwide.

 

Mississippi

Heritage Properties

Website: heritageproperties.com

Heritage Properties, headquartered in Jackson, Mississippi, has been developing and managing apartment communities throughout the Southeast since 1982. The company’s portfolio includes a mix of luxury and conventional multifamily communities designed with comfort, convenience, and value in mind. Known for its hands-on management and dedication to resident satisfaction, Heritage Properties fosters communities that feel like home. With a strong regional presence, the company remains a trusted name in Southern multifamily housing.

 

Missouri

Mills Properties

Website: millsapartments.com

Mills Properties, based in St. Louis, Missouri, is a multifamily development, management, and investment company known for creating high-quality apartment communities. Founded in 1989, the company manages thousands of apartment homes across the Midwest, emphasizing thoughtful design, customer service, and sustainability. Mills Properties’ commitment to innovation and resident satisfaction has earned it a reputation for excellence in property management. By focusing on people and community, the company continues to elevate apartment living in Missouri and beyond.

 

Montana

Northwest Real Estate Capital Corp (NWRECC)

Website: nwrecc.org/tamarack-property-management-co/

Tamarack Property Management Co., based in Missoula, Montana, is a leading multifamily and affordable housing management firm serving communities across the Northwest. Founded in 1989 and now a subsidiary of Northwest Real Estate Capital Corp (NWRECC), Tamarack manages a diverse portfolio of properties for families, seniors, and individuals with special housing needs. The company is recognized for its commitment to compliance, resident well-being, and community-focused operations. Backed by NWRECC’s resources and mission-driven leadership, Tamarack continues to deliver safe, high-quality housing that strengthens neighborhoods throughout the region.

 

Nebraska

Seldin Company

Website: seldin.com

Seldin Company, based in Omaha, Nebraska, is a full-service property management firm with more than 90 years of experience in multifamily housing. Founded in 1923, the company manages thousands of apartment homes across the Midwest, including affordable, conventional, and senior living communities. Seldin is known for its strong operational expertise and dedication to improving the resident experience. Through innovation and a people-centered approach, Seldin continues to create and sustain thriving communities.

 

Nevada

Nevada HAND

Website: nevadahand.org

Nevada HAND, headquartered in Las Vegas, is the state’s largest nonprofit developer and manager of affordable housing. Since its founding in 1993, the organization has developed more than 35 communities serving families and seniors throughout Southern Nevada. Nevada HAND is deeply committed to fostering stability, opportunity, and wellness through high-quality, affordable homes and supportive services. Guided by a mission to improve lives, the organization continues to strengthen communities across Nevada.

 

New Hampshire

Brady Sullivan Properties

Website: bradysullivan.com

Brady Sullivan Properties, based in Manchester, New Hampshire, is a leading real estate development and investment firm known for transforming historic mill buildings into vibrant residential and commercial spaces. Founded in the 1990s, the company has redeveloped millions of square feet across New England. Brady Sullivan combines innovation with preservation, bringing new life to landmark properties while expanding its portfolio of modern apartments. Through vision and craftsmanship, the company continues to shape New Hampshire’s urban landscape.

 

New Jersey

The Michaels Organization

Website: tmo.com

The Michaels Organization, headquartered in Camden, New Jersey, is one of the nation’s largest privately held real estate owners, developers, and managers. Founded in 1973, Michaels oversees more than 400 communities across 35 states, focusing on affordable, student, and military housing. The company is recognized for its community-driven approach and long-term commitment to resident success. With a mission to build communities that lift lives, The Michaels Organization continues to set the benchmark for responsible development and property ownership.

 

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New Mexico – South Carolina

 

New Mexico

JL Gray Company

Website: jlgray.com

JL Gray Company, headquartered in Las Cruces, New Mexico, is one of the state’s leading multifamily property owners and managers. Founded in 1985, the company specializes in affordable and workforce housing, with a portfolio spanning communities across the Southwest. JL Gray’s mission centers on providing safe, quality homes while promoting resident stability and community development. Through integrity, care, and long-term commitment, the company continues to strengthen neighborhoods throughout New Mexico.

 

New York

Nuveen Real Estate

Website: nuveen.com/en-us/real-estate

Nuveen Real Estate, with a corporate office in New York City, is one of the world’s largest investment managers, with a global portfolio exceeding $150 billion in assets. The firm invests across property types, including multifamily, office, retail, and industrial real estate. In New York and beyond, Nuveen is known for its forward-thinking approach that blends sustainability, innovation, and community impact. With a long-term perspective and institutional strength, Nuveen continues to shape the future of urban and residential real estate worldwide.

 

North Carolina

Bell Partners

Website: bellpartnersinc.com

Bell Partners, headquartered in Greensboro, North Carolina, is one of the nation’s largest apartment investment and management companies. Founded in 1976, Bell Partners owns and manages more than 80,000 apartment homes across the U.S., focusing on high-quality, well-managed communities. The company is known for its hands-on operations, resident-first culture, and commitment to sustainability. With a legacy of trust and excellence, Bell Partners continues to elevate multifamily living through thoughtful design and service.

 

North Dakota

Centerspace (formerly IRET)

Website: centerspacehomes.com

Centerspace, formerly known as IRET, is based in Minot, North Dakota, and is a publicly traded real estate company specializing in multifamily ownership and management. Founded in 1970, Centerspace has expanded its footprint across the Upper Midwest, focusing on creating comfortable, high-quality apartment homes. The company emphasizes operational excellence, resident satisfaction, and community connection. Through steady growth and a people-centered mission, Centerspace continues to enhance apartment living throughout the region.

 

Ohio

The NRP Group

Website: nrpgroup.com

The NRP Group, based in Cleveland, Ohio, is an award-winning developer, builder, and owner of multifamily housing. Founded in 1994, the company has delivered tens of thousands of homes across the country, specializing in both market-rate and affordable communities. NRP integrates every stage of development, from design to construction to long-term managemen, ensuring consistency and quality. With a strong focus on innovation and social impact, The NRP Group continues to create places that empower residents and revitalize communities.

 

Oklahoma

Case & Associates

Website: caseusa.com

Case & Associates, headquartered in Tulsa, Oklahoma, is a family-owned real estate company specializing in the development and management of multifamily communities. Founded in 1983, the company has grown its portfolio to include more than 30,000 apartment homes across multiple states. Known for its personal touch, quality construction, and exceptional service, Case & Associates fosters communities that feel like home. With over four decades of experience, the company remains a trusted leader in regional multifamily housing.

 

Oregon

Guardian Management LLC

Website: gres.com

Guardian Management LLC, based in Portland, Oregon, has been providing comprehensive property management and investment services since 1970. The company manages a diverse portfolio that includes affordable, conventional, and senior housing communities across the Pacific Northwest. Guardian is dedicated to delivering high-quality housing while promoting long-term community success. With a reputation for professionalism and care, the company continues to serve residents with integrity and respect.

 

Pennsylvania

Morgan Properties

Website: morganproperties.com

Morgan Properties, headquartered in King of Prussia, Pennsylvania, is one of the largest multifamily owners and operators in the United States. Founded in 1985, the company’s portfolio includes more than 95,000 units across 20 states, with a focus on value-add and Class B communities. Morgan Properties is known for its operational excellence, strong resident relationships, and long-term investment strategy. Through scale, experience, and service-driven leadership, the company continues to shape the national multifamily landscape.

 

Rhode Island

Picerne Real Estate Group

Website: picerne.com

Picerne Real Estate Group, based in Warwick, Rhode Island, is a privately held real estate development and management company with more than 90 years of experience. Founded in 1925, the company has developed thousands of residential and commercial properties across the U.S. and internationally. Picerne’s vertically integrated approach ensures consistent quality, from design to long-term ownership. Guided by integrity and craftsmanship, the company continues to build communities that stand the test of time.

 

South Carolina

Greystar Real Estate Partners

Website: greystar.com

Greystar Real Estate Partners, headquartered in Charleston, South Carolina, is the largest operator of apartments in the United States and a global leader in rental housing. Founded in 1993, Greystar manages hundreds of thousands of units across multifamily, student, and senior living sectors. The company is renowned for its innovative approach to property management, development, and investment. With a commitment to excellence and sustainability, Greystar continues to redefine modern living around the world.

 

South Dakota – Wyoming

 

South Dakota

Costello Companies

Website: costelloco.com

Costello Companies, headquartered in Sioux Falls, South Dakota, is a multifamily development, ownership, and management firm with deep roots in the Upper Midwest. Founded in 1974, the company specializes in affordable and workforce housing, offering high-quality living options for families and seniors. Costello Companies combines experience, integrity, and community focus to deliver lasting value across its portfolio. Through careful planning and local engagement, the firm continues to enhance housing opportunities throughout South Dakota and beyond.

 

Tennessee

Mid-America Apartment Communities (MAA)

Website: maac.com

Mid-America Apartment Communities (MAA), headquartered in Germantown, Tennessee, is one of the nation’s largest publicly traded real estate investment trusts focused on multifamily housing. Founded in 1977, MAA owns and manages more than 100,000 apartment homes across the Sun Belt. The company is known for its commitment to customer service, operational excellence, and sustainable growth. With a people-first culture and focus on innovation, MAA continues to create exceptional living experiences throughout the U.S.

 

Texas

Camden Property Trust

Website: camdenliving.com

Camden Property Trust, based in Houston, Texas, is a leading multifamily real estate investment trust recognized for its focus on quality, service, and innovation. Founded in 1982, Camden owns, develops, and manages communities across major metropolitan areas nationwide. The company emphasizes resident satisfaction, sustainability, and smart technology to deliver elevated living experiences. Through strong values and forward-thinking leadership, Camden continues to set the standard for modern apartment living.

 

Utah

Bridge Investment Group

Website: bridgeig.com

Bridge Investment Group, headquartered in Salt Lake City, Utah, is a diversified real estate investment firm with a nationwide portfolio across multifamily, industrial, and senior housing sectors. Founded in 2009, the company manages tens of billions in assets through a hands-on, vertically integrated approach. Bridge is recognized for its focus on value creation, sustainability, and community development. With a blend of innovation and integrity, Bridge Investment Group continues to transform real estate investment and ownership across the country.

 

Vermont

O’Brien Brothers

Website: obrienbrothersvt.com

O’Brien Brothers, based in South Burlington, Vermont, is a family-owned real estate development and management company with more than a century of experience. Founded in 1898, the firm has played a significant role in shaping Chittenden County’s residential and commercial landscape. O’Brien Brothers focuses on thoughtful design, long-term stewardship, and community-driven development. With deep local roots and a commitment to sustainability, the company continues to create spaces where Vermonters live, work, and thrive.

 

Virginia

AvalonBay Communities

Website: avaloncommunities.com

AvalonBay Communities, headquartered in Arlington, Virginia, is a leading publicly traded multifamily real estate investment trust. Established in 1978, AvalonBay owns and operates hundreds of apartment communities across the country, with a focus on high-quality, well-located properties. The company is known for its emphasis on sustainability, innovation, and superior resident experiences. Guided by a long-term vision and commitment to excellence, AvalonBay continues to shape the future of apartment living in urban and suburban markets.

 

Washington

Weidner Apartment Homes

Website: weidner.com

Weidner Apartment Homes, headquartered in Kirkland, Washington, is one of North America’s largest privately held multifamily real estate companies. Founded in 1977, Weidner owns and manages more than 60,000 apartment homes across the U.S. and Canada. The company is recognized for its strong regional presence, focus on resident satisfaction, and commitment to maintaining high-quality communities. Through steady growth and dedicated service, Weidner continues to deliver comfortable, well-managed homes across the Pacific Northwest and beyond.

 

West Virginia

Real Property Management Valley

Website: rpmvalley.com

Real Property Management Valley, based in Hurricane, West Virginia, provides full-service property management solutions for residential and multifamily properties throughout the region. As part of the nationwide Real Property Management network, the company combines local expertise with professional systems to maximize value for owners and residents alike. Known for its responsiveness, reliability, and commitment to community, RPM Valley continues to be a trusted partner in West Virginia’s rental housing market.

 

Wisconsin

MLG Capital

Website: mlgcapital.com

MLG Capital, headquartered in Brookfield, Wisconsin, is a private real estate investment firm specializing in multifamily and commercial assets. Founded in 1987, the company has acquired and managed billions in real estate across the United States through its investor-focused approach. MLG emphasizes diversification, transparency, and long-term partnerships to generate consistent results. With decades of proven experience, the firm continues to deliver sustainable growth and community impact through strategic real estate investment.

 

Wyoming

Tyler Davis Real Estate

Website: tylerdavisrealestate.com

Tyler Davis Real Estate, based in Jackson, Wyoming, is a locally owned real estate investment and management firm specializing in residential and commercial properties. The company focuses on delivering personalized service and long-term value across Jackson Hole and surrounding areas. With deep local ties and a reputation for integrity, Tyler Davis Real Estate plays a vital role in Wyoming’s real estate market. Committed to quality and community, the firm continues to support the region’s growth with trusted expertise.

 

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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