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Balfour Beatty Communities 

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2021
Apr. 15, 2021

Balfour Beatty Communities maintains rankings in 2021 industry lists

Balfour Beatty Communities maintains rankings in 2021 industry lists

Balfour Beatty Communities was recently recognized on the National Multifamily Housing Council's 2021 Top 50 Owners and Top 50 Managers lists. With more than 50,000 units under management, the company rose to the 31st spot on the Top 50 Managers list from its 2020 ranking of 32nd. Balfour Beatty Communities maintained its rank as the 23rd highest owner on the Top 50 Owners list.

Since the previous rankings, Balfour Beatty Communities added 1,300 managed units to its portfolio, despite a pandemic-stricken year. The successful closing of four new multifamily communities from Alabama, Arkansas, and Michigan contributed to its strategic priority of continued steady growth.

“This year has been challenging for everyone in the industry and beyond, and we’re proud that our long-term objectives have been prosperous,” said Chris Williams, President of Balfour Beatty Communities. “After learning so much in 2020, we look forward to incorporating new ideas for expanding our portfolio in 2021.”

Based in Washington, D.C., NMHC is a national association representing the interests of the larger and most prominent apartment firms in the United States. NMHC partners with Kingsley Associates, a leading real estate research and consulting firm, for the NMHC 50’s research and analysis. Complete 2021 rankings and detailed analysis are available at nmhc.org.

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