| The following list is a condensed version of the Apartment Owners portion of the 2002 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and the 50 largest U.S. apartment managers published in NREI's March issue. The companies below are ranked according to the number of apartment units in which they had an ownership interest as of Jan. 1, 2002. | |
 | 1. Apartment Investment and Management Company Headquarters: Denver, CO CEO: Terry Considine Apartments With Ownership Interest: 251,201 |
 | 2. Related Capital Company Headquarters: New York, NY CEO: Marc D. Schnitzer Apartments With Ownership Interest: 246,918 |
 | 3. Equity Residential Properties Trust Headquarters: Chicago, IL CEO: Douglas Crocker, II Apartments With Ownership Interest: 226,314 |
 | 4. Lend Lease Real Estate Investments Headquarters: Atlanta, GA CEO: Fred N. Pratt, Jr. Apartments With Ownership Interest: 129,962 |
 | 5. Boston Capital Headquarters: Boston, MA CEO: John P. Manning Apartments With Ownership Interest: 110,000 |
 | 6. SunAmerica Affordable Housing Partners, Inc. Headquarters: Los Angeles, CA CEO: Michael L. Fowler Apartments With Ownership Interest: 107,000 |
 | 7. Archstone-Smith Headquarters: Englewood, CO CEO: R. Scot Sellers Apartments With Ownership Interest: 99,000 |
 | 8. United Dominion Realty Trust, Inc. Headquarters: Richmond, VA CEO: Thomas W. Toomey Apartments With Ownership Interest: 77,567 |
 | 9. Whitehall Funds Headquarters: New York, NY CEO: Daniel Neidich Apartments With Ownership Interest: 76,000 |
 | 10. Lefrak Organization, Inc. Headquarters: Rego Park, NY CEO: Samuel J. LeFrak Apartments With Ownership Interest: 71,000 |
 | 11. Sentinel Real Estate Corporation Headquarters: New York, NY CEO: John H. Streicker Apartments With Ownership Interest: 62,737 |
 | 12. Casden Properties, Inc. Headquarters: Beverly Hills, CA CEO: Alan I. Casden Apartments With Ownership Interest: 59,510 |
 | 13. GE Capital Real Estate Headquarters: Stamford, CT CEO: Michael Pralle Apartments With Ownership Interest: 54,726 |
 | 14. Alliance Holdings, L.L.C. Headquarters: Chicago, IL CEO: Andrew W. Schor Apartments With Ownership Interest: 52,691 |
 | 15. Camden Property Trust Headquarters: Houston, TX CEO: Richard J. Campo Apartments With Ownership Interest: 51,345 |
 | 16. Edward Rose Building Enterprises Headquarters: Farmington Hills, MI CEO: Sheldon Rose Apartments With Ownership Interest: 48,078 |
 | 17. Home Properties Headquarters: Rochester, NY CEO: Norman Leenhouts/Nelson Leenhouts Apartments With Ownership Interest: 48,066 |
 | 18. Lincoln Property Company Headquarters: Dallas, TX CEO: J. Timothy Byrne Apartments With Ownership Interest: 47,691 |
 | 19. Key Global Capital Headquarters: Cleveland, OH CEO: Edward Chu Apartments With Ownership Interest: 45,797 |
 | 20. Richman Group Capital Corporation Headquarters: Greenwich, CT CEO: Richard P. Richman Apartments With Ownership Interest: 42,526 |
 | 21. AvalonBay Communities, Inc. Headquarters: Alexandria, VA CEO: Bryce Blair Apartments With Ownership Interest: 41,212 |
 | 22. Walden Headquarters: Dallas, TX CEO: John B. Bartling Apartments With Ownership Interest: 40,297 |
 | 23. Wachovia Securities Tax Credit Investments Headquarters: Charlotte, NC CEO: Ken Thompson Apartments With Ownership Interest: 37,254 |
 | 24. Milstein Properties Headquarters: New York, NY CEO: Howard P. Milstein Apartments With Ownership Interest: 37,000 |
 | 25. Fairfield Residential, L.L.C. Headquarters: San Diego, CA CEO: Christopher E. Hashioka Apartments With Ownership Interest: 36,500 |
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