CPN 2008 GreenBook

Owners, Managers & Developers Archstone Archstone owns and operates 86,000 units across 416 communities, including units under construction. The company’s portfolio is concentrated in and around Los Angeles, San Diego, the San Francisco Bay Area, Seattle, Boston, New York City and Washington, D.C. The firm continually upgrades its portfolio through the selective sale of assets, funding investments in assets that offer better growth prospects. In October 2007, Archstone-Smith was acquired by a partnership of affiliates of Tishman Speyer Real Estate Venture VII L.P. and Lehman Brothers Holdings Inc. for more than $22 billion. Trammell Crow Residential “We’re building in the multi-family sector, specifically in terms of durability/long life, utilities savings and resident health and comfort. As time goes on and even more cost savings and benefits to the environment are realized by developers, you’ll continue to see more and more companies adopt sustainable practices.” Trammell Crow Residential has ranked among the largest producers of multi-family housing units in the United States for the past 20 years. In April 2008, the National Association of Home Builders named it the 2008 Multifamily Developer of the Year. The company started construction on 11,000 multifamily units during 2007 and expects to RON TERWILLIGER build a similar number, including luxury Chairman & CEO and market-rate rental units in Trammell Crow Residential most markets, in 2008. The company operates 23 U.S. just beginning to see the positive effects of green offices, including its headquarters in Atlanta. Forest City Enterprises Inc. Forest City Enterprises Inc. owns, develops and manages residential and commercial property nationwide. The company’s commercial group, its largest business unit, includes retail, office, hotel and mixed-use properties, and its land develop—Jon Ratner, Forest City Enterprises Inc. ment group develops masterplanned communities. Forest City’s residential group encompasses just over BlackRock Inc. 20 percent of the company’s business. ForBlackRock Inc. provides investment management services for est City owns and manages 120 apartment JON RATNER Vice President of $16 billion worth of multi-family properties, including almost properties totaling more than 35,000 units Sustainability Initiatives $14 billion that the multi-family group manages for separate and eight military housing communities Forest City Enterprises Inc. accounts and commingled funds. That with almost 12,000 units. group, a vertically integrated operating platDuring 2007, the firm chose to exit the assisted-living form, executes investment strategies rang- business and contracted with Atria Senior Living Group Inc. ing from core to opportunistic and has to sell eight properties and lease four. Seven properties were expertise in all subsectors. The firm closed sold in 2007; the eighth is being sold in 2008. At year-end more than $3 billion worth of multi-family 2007, Forest City had more than 15 projects under developtransactions in 2007. ment, including 80 DeKalb, a 365-unit apartment communiBlackRock is incorporating many green ty in Brooklyn, N.Y.; Presidio, a redevelopment of the hisRON ZUZACK toric Presidio of San Francisco into a 161-unit apartment Managing Director & Head measures in both new and existing buildof U.S. Real Estate Equity ings. When appropriate, the company community near the Golden Gate Bridge; and Beekman BlackRock Inc. seeks LEED-CS silver ratings on its retail, Tower, a high-rise residential community with more than multi-family and office projects through efficient storm water 800 units in Manhattan. management, recycled and regional materials, high-efficiency Forest City utilizes the principals of sustainability in all the appliances and lighting, green interior finishes, solar reflective projects it develops and properties it manages. exterior glass, chlorofluorocarbon-free HVAC systems and Greystar Real Estate Partners L.L.C. other measures. Private firm Greystar Real Estate Partners L.L.C. The ConAm Group of Cos. provides investment, development The ConAm Group of Cos., a real estate investment and man- and property management services to agement firm, specializes in multi-family the multi-family industry. The compahousing. The San Diego-based company ny, which employs 2,700, is headquaroversees a nationwide portfolio of more tered in Charleston, S.C., and has than 45,000 fee-managed and company- four regional offices. During the past owned apartments. It acquires, develops 10 years, Greystar has overseen investand rehabilitates apartment communities ments totaling almost $3 billion and and provides asset management and developed more than $800 million investment-advisory services to individual worth of real estate. It plans to have ROBERT FAITH Chairman & CEO investors and large institutional clients. started construction on $250 million Greystar Real Estate BRAD FORRESTER Partners L.L.C. ConAm maintains regional offices in Seat- worth of projects by year-end 2008. In President & CEO The ConAm Group of Cos. tle; Phoenix; Las Vegas; Denver; Dallas; addition, the company’s property management team servicHouston; Sacramento; Fresno, Calif.; and Jacksonville, Fla. es more than 99,000 units. Commercial Property News 15 The 2008 Multi-Family Greenbook

Table of Contents Feed for the Digital Edition of CPN 2008 GreenBook

CPN 2008 Greenbook Table of Contents Industry Update Green Update Giants Owners, Managers & Developers REITs Finance Firms Seniors Housing Providers Service Firms Software Providers Activity Index Alphabetical Master Listings

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