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HOUSTON (May 29, 2024) – Asset Living, one of the nation’s leading third-party property management firms, has been named the fourth largest property manager in the U.S. by the National Affordable Housing Management Association’s (NAHMA) 2024 Affordable 100 List, which ranks the largest affordable multi-family property management companies in the country based on total affordable unit counts.
“Our leadership team is highly motivated by the momentum we’ve seen across our portfolios. Everyone, from the top down, is dedicated to maintaining Asset Living’s reputation as the most trusted partner in real estate,” said CEO and President Ryan McGrath.
Earlier this year, Asset Living made the exciting ascent to the second largest apartment manager in the U.S. on the National Multifamily Housing Council’s Top 50 Apartment Managers List. The firm has also maintained a No. 1 ranking in student housing third-party property management by Student Housing Business for 13 consecutive years.
“I extend my sincere appreciation to our team and clients who share our vision for inclusive housing. Together, we will continue to work towards a future where everyone can find a safe and secure place to call home,” stated McGrath.
Every year, the National Affordable Housing Management Association (NAHMA) Affordable 100 List appears on the company’s website and the list will also run in the next issue of NAHMA News and the National Apartment Association’s Units magazine. To accurately determine the portfolio of affordable units receiving federal subsidies in the United States, NAHMA publishes this annual list of affordable units containing at least one of the following federal subsidies: HUD Project-based Section 8, Section 42 LIHTC, HOME funds, bonds and USDA Section 515.
For more information about Asset Living, please visit www.assetliving.com. To learn more about the NAHMA Affordable 100 list, visit their website at https://www.nahma.org/about/affordable-100/.
About Asset Living Asset Living
Founded in 1986, Asset Living (Asset) 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 NAHMA The National Affordable Housing Management Association (NAHMA)
NAHMA is the leading voice for affordable housing management, advocating on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. NAHMA supports legislative and regulatory policy that promotes the development and preservation of decent and safe affordable housing, is a vital resource for technical education and information and fosters strategic relations between government and industry. NAHMA’s membership represents 75% of the affordable housing industry and includes its most distinguished multifamily owners and management companies. Visit www.nahma.org for more information.
