{"id":1004247242,"date":"2018-08-06T05:38:44","date_gmt":"2018-08-06T13:38:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004247242"},"modified":"2020-01-10T02:46:23","modified_gmt":"2020-01-10T10:46:23","slug":"2018-top-property-managers","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/2018-top-property-managers\/","title":{"rendered":"2018 Top Property Managers"},"content":{"rendered":"<p><em>You can also read our <a href=\"https:\/\/www.commercialsearch.com\/news\/2019-top-property-managers\/\">2019 Top Property Managers<\/a>, <a href=\"https:\/\/www.commercialsearch.com\/news\/top-50-property-managers\/\" target=\"_blank\" rel=\"noopener\">2017 Top Property Managers<\/a>,&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/2016-top-property-managers\/\" target=\"_blank\" rel=\"noopener\">2016 Top Property Managers<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/2015-top-property-managers\/\" target=\"_blank\" rel=\"noopener\">2015 Top Property Managers<\/a>&nbsp;rankings.&nbsp;<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004247755\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/2018-top-property-managers\/top-property-managers-rankings\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg\" data-orig-size=\"1600,1200\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Top property managers rankings\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg?w=1024\" class=\"aligncenter wp-image-1004247755 size-full\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg\" alt=\"\" width=\"1600\" height=\"1200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Top-property-managers-rankings.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.mydigitalpublication.com\/publication\/?i=517449\" target=\"_blank\" rel=\"noopener\">SEE MORE ON THIS TOPIC<\/a><\/p>\n<p><script id=\"infogram_0_48c650ba-ea0f-48cf-b2a6-73a4136d5485\" title=\"2018 Top Property Managers\" src=\"https:\/\/e.infogram.com\/js\/dist\/embed.js?Onp\" type=\"text\/javascript\"><\/script><\/p>\n<h2>Growing Portfolios<\/h2>\n<p>By Chris Nebenzahl<\/p>\n<p>Diversified real estate service firms continue to dominate management of commercial real estate properties. This year\u2019s top four managers\u2014JLL, Cushman &amp; Wakefield, Colliers International and CBRE\u2014now collectively manage nearly 13 billion square feet of commercial space, spread across office, multifamily, industrial, retail, healthcare and hospitality.&nbsp;<\/p>\n<p>Overall, institutional property managers have increased their portfolios steadily over the past three years. The total square footage under management of the 42 firms in our rankings grew by 6.2 percent in 2017, following a 3.6 percent upward climb in 2016.<\/p>\n<p>The leading managers of multifamily space represented more of a mix of service provider and owner-operator. Pinnacle Property Management Services, with the top spot in our rankings, reported a 96 percent average occupancy, an impressive accomplishment given the nationwide decline in occupancy as new product is delivered. With roughly 190,000 units under management, Lincoln Property Co. has increased its portfolio by 15.3 percent since 2015. Lincoln Property also cracked our top 10 rankings for commercial real estate, one of only two firms to appear in the top 10 in both, along with TCN Worldwide. Rounding out the top three multifamily managers is Greystar, by far the largest multifamily property manager in the industry based on number of units, with roughly 425,000 under management.<\/p>\n<p>As significant new supply is added to the market\u2014especially in the multifamily, office and industrial sectors\u2014the management portfolios of institutional property managers will likely continue to accelerate.<\/p>\n<h2>Methodology<\/h2>\n<p>The 2018 Ranking of Top 50 Property Management Firms utilized self-reported data for all firms. The ranking is a weighted formula based on a variety of factors (only a few of which are specified here), including the total square footage and number of properties under management, property operations owned and managed, and participation in property sectors, among others. The ranking represents what we feel is a logical balance between firm growth and market share, as well as property diversity.<\/p>\n<p><em>You\u2019ll find more on this topic in the <a href=\"https:\/\/www.mydigitalpublication.com\/publication\/?i=517449\" target=\"_blank\" rel=\"noopener\">CPE-MHN Mid-Year Update 2018<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Diversified real estate service firms continue to dominate management of commercial real estate properties. Find out which firms top the list.<\/p>\n","protected":false},"author":1312,"featured_media":1004247755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,37763,37786],"tags":[],"class_list":["post-1004247242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-rc-surveys-and-rankings","category-research-center-top-property-management-firms"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2018 Top Property Managers - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/2018-top-property-managers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2018 Top Property Managers\" \/>\n<meta property=\"og:description\" content=\"Diversified real estate service firms continue to dominate management of commercial real estate properties. 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