In the expansive realm of property management, certain companies have distinguished themselves through their vast portfolios, innovative practices, and significant market influence. While regional firms like Dagger Management offer personalized services tailored to specific locales, it’s essential to recognize the industry’s giants that operate on a global scale.
Greystar Real Estate Partners
Founded in 1993 and headquartered in Charleston, South Carolina, Greystar stands as a formidable force in the property management sector. As of 2024, Greystar managed over 798,000 apartment units across the United States, making it the largest apartment manager in the country. With a presence in 17 countries and more than 22,000 employees, Greystar’s reach and influence are unparalleled. The company’s assets under management (AUM) exceed $76 billion, underscoring its significant role in the global real estate landscape.
CBRE Group, Inc.
Established in 1906 and based in Dallas, Texas, CBRE Group is the world’s largest commercial real estate services and investment firm. With over 140,000 employees and operations in more than 500 locations worldwide, CBRE offers a comprehensive suite of services, including property management, leasing, and investment advisory. The firm’s extensive global network and diverse service offerings solidify its position as a leader in the real estate industry.
Equity Residential
Founded in 1969 and headquartered in Chicago, Illinois, Equity Residential is a publicly traded real estate investment trust (REIT) specializing in apartment communities. As of 2024, the company owned or had investments in 311 properties comprising 84,249 apartment units across major U.S. cities. Equity Residential’s strategic focus on high-quality urban properties has positioned it as a significant player in the U.S. residential real estate market.
Prologis
Headquartered in San Francisco, California, Prologis is a global leader in logistics real estate. The company specializes in the development, acquisition, and management of industrial properties, including warehouses and distribution centers. Prologis’ strategic acquisitions, such as the $23 billion purchase of Duke Realty in 2022, have expanded its footprint, making it a dominant force in the industrial real estate sector.
Hines Interests Limited Partnership
Founded in 1957 and based in Houston, Texas, Hines is a privately held global real estate investment, development, and management firm. As of 2024, Hines managed 685 properties comprising 216 million square feet across 30 countries. With $93.2 billion in assets under management, Hines’ diverse portfolio spans office, residential, retail, and mixed-use properties, reflecting its comprehensive approach to real estate management.
Cushman & Wakefield
Cushman & Wakefield is a global real estate services firm that provides property management, leasing, and investment advisory services. With a presence in over 60 countries, the company manages a diverse portfolio of properties, including office buildings, retail centers, and industrial facilities. Cushman & Wakefield’s extensive global network and comprehensive service offerings make it a significant player in the real estate management industry.
Dagger Management: A Regional Leader
While not among the largest property management companies globally, Dagger Management has established itself as a prominent regional player in Studio City, California. The company offers a range of services, including residential, commercial, and multifamily property management, catering to the unique needs of property owners in the area. Dagger Management’s commitment to personalized service and local expertise has garnered it a strong reputation among clients seeking tailored property management solutions.
