Tag Archives: national multi-housing council

Courtesy of Prudencio Alvarez

Alliance Residential recognized in NMHC’s rankings report

Alliance Residential has earned national recognition by making the National Multi Housing Council’s (NMHC) annual multifamily industry rankings report. For the first time, the NMHC expanded to include the nation’s Top 25 Developers, with Alliance ranking as the No. 1 apartment developer with 7,500 starts in 2014. This follows Alliance’s No. 1 ranking on last year’s top developers list, produced by Multifamily Executive magazine.

“Thanks to our great investor partners, clients and associates, Alliance was able to fully leverage a bright U.S. multifamily picture, highlighted by strong fundamentals, high investor demand, and continued favorable demographics in 2014,” said Jay Hiemenz, Alliance President and Chief Operating Officer. “We generated phenomenal returns for our investors which, in many cases, were record-setting for their respective markets. We opened new markets with our first starts in Nashville and New Jersey, and opened our 34th U.S. office location in Boston. We started roughly 7,500 units, representing our best production year since inception in 2000, and currently have 11,000 units under construction, with about as many in the pipeline.”

In addition, Alliance moved up two spots from last year’s ranking to become the seventh largest apartment management company in the nation. Now in its 26th year, the 2015 NMHC 50 is reporting growth across the industry, and noted the number of apartments in the portfolios of the NMHC Top 50 managers rose to an all-time high, just short of 3 million.

“Alliance grew our management portfolio to more than 80,000 units and, more importantly, continued our development of cutting-edge sales, marketing, training and sustainability systems to maintain our standing as a best-in-class operator that drives value creation for our clients and investors,” Hiemenz added. “Specific highlights on the sustainability front include producing our first LEED Platinum buildings, retrofitting thousands of existing units and becoming a certified Energy Star Partner. We are entering 2015 with positive momentum, strong GDP growth, continued low interest rates, good job creation, solid renter demand and positive investor equity flows into apartments. Supply seems to be peaking or has peaked, given higher costs and more entitlement difficulty, thus aiding sustained favorable fundamentals. Occupancy is above 95 percent, rent growth is significantly outpacing inflation and NOI growth is strong. Alliance is well-positioned with a healthy pipeline and conservative balance sheet to continue to create value for our clients and investors.”

Alliance is actively seeking management, development and acquisition opportunities. Headquartered in Phoenix, the company has 34 regional offices divided among six regions throughout the U.S.


Alliance Residential Named No. 9 Apartment Management Co. in US

Alliance Residential was recently named to the National Multi Housing Council’s (NMHC) 2014 NMHC 50 list of the nation’s largest apartment owners and managers.

Moving up a spot from last year’s NMHC 50 ranking, Alliance is the 9th largest apartment management company in the nation with more than 71,000 units. Now in its 25th year, the NMHC 50 is a key resource for industry observers.

“We are thrilled to be among the largest multifamily organizations in the country ranking on these important industry lists. We are equally proud of the best-in-class amenities, sustainable initiatives and innovative technologies we are incorporating in our extensive and growing portfolio,” said Brad Cribbins, Alliance’s COO/Executive Vice President.

Alliance continues to grow, and is actively seeking management, development and acquisition opportunities. Headquartered in Phoenix, the company has 22 regional offices divided among six regions throughout the U.S. with a presence in 19 states (including Arizona, California, Colorado, District of Columbia, Florida, Georgia, Maryland, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia and Washington). Over the past 14 years, Alliance has become one of the largest private apartment owners and management companies in the nation, boasting a $9.0+ billion portfolio and 71,000 units in 27 metropolitan markets.


RED Awards 2012: Brokerage Teams of the Year: Leasing & Sales, CBRE Sales

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Brokerage Teams of the Year: Leasing & Sales was CBRE Sales.

Brokerage Teams of the Year: Leasing & Sales

CBRE Sales

The Team: Tyler Anderson, Vice Chairman
Sean Cunningham, Vice Chairman
Sales Details: 26 transactions in Arizona (42 total)
$520M in value in Arizona ($1.08B total)

CBRE SalesTyler Anderson and Sean Cunningham of CBRE Sales defended their title as RED Awards Brokerage Team of the Year for sales. Their total dollar amount for the year exceeded $1B nationally; $520M in Arizona. They have received numerous awards for their valuable work and esteemed partnership. The team continues to be active members in the National Multi-Housing Council and Arizona Multi-Housing Association. Anderson is involved with the Urban Land Institute Multi-Family Blue Council and United Way. Last year Phoenix St. Mary’s High School inducted Cunningham into its Hall of Fame. Cunningham is also a member of the Phoenix Thunderbirds.


Video by Cory Bergquist

RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2012


Brokerage Team Of The Year For Sales 2011

CB Richard Ellis

Tyler Anderson, CB Richard Ellis

The Team:

Tyler Anderson, Vice Chairman

Sean Cunningham, Vice Chairman

Sales Details:

19 sale transactions in Arizona

$442M in value in Arizona

Sean Cunningham, CB Richard Ellis

Tyler Anderson and Sean Cunningham lead a dynamic, 9-person multi-family team in CBRE’s Phoenix office. Anderson and Cunningham have more than 57 years combined experience. Their team also consists of a sales associate, a senior financial analyst, three research analysts and two client service specialists. Their largest single transaction closed in 2010 was The Canyons, a 629-unit (475,524 SF) multi-family community in Phoenix. The property sold for $45.5M. Anderson and Cunningham are also involved in a number of industry groups and community organizations including the National Multi-Housing Council, Urban Land Institute, Phoenix Thunderbirds and Childhelp USA. Both are vice chairmen at CBRE.

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