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Balfour Beatty Communities 

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2020
Apr. 21, 2020

Balfour Beatty Communities named to 2020 Top Owners and Top Managers lists by NMHC

Balfour Beatty Communities named to 2020 Top Owners and Top Managers lists by NMHC

Balfour Beatty Communities earned industry recognition as one of the top apartment owners and top apartment managers for 2020 by the National Multifamily Housing Council (NMHC). The Company is ranked as the 23rd largest apartment owner in the county and the 32nd largest apartment manager.

Headed into the new year, the Company owned 48,862 units and managed 49,106 units in military, multifamily and student housing communities. In 2019, acquisitions were completed for Landings at Lake Gray in Jacksonville, FL; Preserve at Bartlett in Memphis, TN; and Waterchase Apartments in Largo, FL.

NMHC partners with Kingsley Associates, a leading real estate research and consulting firm, to conduct the research and analysis for the NMHC 50. All apartment owners, managers, developers, builders and syndicators are invited to answer a survey questionnaire that asks about their prior year’s activities. Apartment owners, managers and syndicators are ranked based on their portfolio holdings (either owned, managed or syndicated) as of January 1, 2020, while developers and builders are ranked based on the number of apartment units started in 2019.

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