HOUSTON (April 02, 2025) – Asset Living, one of the nation’s leading third-party property management firms, has garnered national recognition by being named the second-largest property manager in the U.S. by the National Multifamily Housing Council’s (NMHC) 2025 Top 50, an annual ranking of the country’s largest apartment owners, managers, developers, builders, and syndicators. This marks the second consecutive year that Asset Living has claimed the No. 2 spot after achieving the same ranking in 2024.
“We’re honored to be recognized again—but we’re not stopping until we’re No. 1. The credit here belongs to our team, our partners, and our clients who push us to be better every day. This milestone is a moment to reflect, not rest—and we’re just getting started," said Asset Living CEO and President Ryan McGrath.
With over 288,000 units under management nationwide, Asset Living’s consistent ranking reflects its commitment to investing in partnerships and employees who shape the company’s future. Earlier this year, Asset Living was also recognized by Student Housing Business as the largest third-party student housing property manager in U.S. for the 14th consecutive year.
This year marks the 36th 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, 2025, while developers and builders are ranked based on the number of units started in 2024.
To learn more about the NMHC Top 50 lists, visit their website at nmhc.org/50.
About Asset Living Asset Living
Founded in 1986, Asset Living is a Houston-based real estate management firm. With a growing portfolio that includes a multitude of properties across the nation, Asset Living provides services to a variety of clients that include property management, asset management, receivership, and investment services. Asset is a member of The Institute of Real Estate Management and is recognized as an Accredited Management Organization. To learn more, please visit www.assetliving.com.
About NMHC The National Multifamily Housing Council (NMHC)
Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is where rental housers and suppliers come together to help meet America’s housing needs by creating inclusive and resilient communities where people build their lives. We bring together the owners, managers, developers and suppliers who provide rental homes for 40 million Americans from every walk of life—including seniors, teachers, firefighters, healthcare workers, families with children and many others. NMHC provides a forum for leadership and advocacy that promotes thriving rental housing communities for all. For more information, contact NMHC at 202/974-2300, e-mail the Council at info@nmhc.org, or visit NMHC's Web site at www.nmhc.org.
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