CHARLESTON, SC - Woodfield Development, a premier developer and operator of Class A multifamily communities across the U.S., recently earned national recognition by making the National Multifamily Housing Council’s (NMHC) 2024 NMHC 50, the annual ranking of the nation’s top apartment owners, managers, developers, builders, and syndicators.
Woodfield is #16 in the ranking of the largest apartment developers in the country, with 68 apartment communities developed or under asset management – totaling 19,271 units. In 2023, Woodfield started over 2,885 units in 10 communities.
“We’re extremely honored to make the list as one of the top apartment developers nationwide,” said Woodfield Development Partner, Greg Bonifield. “This ranking is a testament to our singular goal of delivering well-conceived, thoughtfully designed, and community-focused multifamily properties that create value for our investors and partners and allow us to successfully serve the thousands of residents that call our communities home.”
Amongst its peer group, the Woodfield partnership has unmatched experience in multifamily development and asset management. Since its founding in 2005, Woodfield has completed 68 communities, has 18 communities under construction, and numerous projects in various stages of entitlement and design. Woodfield’s earliest developments were located predominantly in the southeast and Mid-Atlantic, but the company has since expanded its footprint to include markets in the Northeast, Florida, Tennessee, and Texas.
This year marks the 35th edition of the NMHC Top 50 lists. All apartment owners, managers, developers, builders, and syndicators are invited to answer a survey questionnaire that asks about their prior year activities. Apartment owners, managers and syndicators are ranked based on their portfolio holdings (either owned or managed) as of January 1, 2024, while developers and builders are ranked based on the number of units started in 2023. For more details about the NMHC 50, visit nmhc.org/50.
For more information, please visit woodfielddevelopment.net