Hawthorne Named One of the Country’s Largest Management & Development Firms

National Multifamily Housing Council Releases 2023 List of Nation’s Top 50 Owners, Managers, Top 25 Builders, Top 25 Developers and Top 10 Syndicators

Hawthorne Residential Partners, a multifamily investment, management, and development firm, earned national recognition today by making the 2023 National Multifamily Housing Council’s (NMHC) Top 50 list in two categories. This prestigious annual ranking celebrates the national largest apartment owners, managers, developers, builders, and syndicators.  Hawthorne is the 33rd largest apartment manager and 23rd largest developer in the country.

As of January 2023, Hawthorne managed 49,703 units across eight states, an increase of 22%+ from January 2022 and 35%+ from January 2021. This year marks the firm’s third consecutive appearance on the prestigious list, increasing its annual ranking from 40th to 33rd.  Today the Company has over 50,000 units under its management.  Hawthorne was also recognized for the first time as one of the Top 25 Developers in the United States, starting 2,867 units during 2022.

For more details about the NMHC 50 and to view the entire rankings lists in all categories, visit nmhc.org/50.

About NMHC

This year marks the 34th edition of the NMHC Top 50 lists. NMHC partners with Kingsley Associates, a leading real estate research and consulting firm for the NMHC 50’s research and analysis. 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, 2023, while developers and builders are ranked based on the number of units started in 2022.

About Hawthorne Residential Partners

Hawthorne Residential Partners is a fully integrated, multifamily investment, management, and development firm.  Headquartered in Greensboro, NC, Hawthorne manages over 200 communities and 50,000 units across eight states in the Southeast and Texas. Hawthorne has a robust investment and management platform, operating a portfolio valued at over $10B. The company was founded in 2009 based on the “Live It” difference — a daily commitment to go above and beyond for associates, partners, and the thousands of individuals that are proud to call a Hawthorne community home. To learn more, visit www.hrpliving.com and www.hrpinvestments.com.