Largest Indianapolis-Area Multifamily Property Management Firms (Ranked by local multifamily units managed *) PERCENT OF LOCAL MULTIFAMILY PROPERTIES OWNED OTHER TYPES RANK FIRM UNITS MANAGED:* LOCAL COMPLEXES LARGEST PROPERTIES MANAGED / OF REAL HEAD(S) OF LOCAL ESTAB. 2014 ADDRESS LOCAL MANAGED TYPES OF PROPERTIES UNITS / RENTAL RANGE ESTATE OPERATIONS, LOCALLY rank TELEPHONE / WEBSITE TOTAL FTE LOCAL EMPLOYEES MANAGED FOR TWO-BEDROOM UNIT MANAGED TITLE(S) HQ CITY Kirkpatrick Management Co. Inc. 11,190 0 market rate, Three Fountains / 342 / $533-$744 NA Robert S. Kirkpatrick, 1973 1 5702 Kirkpatrick Way, 46220 14,429 104 sections 8 and 42 Mayfield Green / 344 / $483-$573 president Indianapolis 1 (317) 570-4358 / ekirkpatrick.com DND Harvard Square / 342 / $408-$509 Barrett & Stokely Inc. 8,251 50 market rate, Riley Towers / 525 / $1,309-$2,174 office Alex Stokely, VP; 1975 2 3755 E. 82nd St., Suite 300, 46240 10,589 32 sections 8 and 42, Braeburn Village / 402 / $545-$679 retail John F. Sweeney, DND Indianapolis 2 (317) 845-4171 / barrettandstokely.com DND mixed use, commercial Northlake Village / 348 / $654-$953 Flaherty & Collins Properties 8,187 27 elderly, market rate, Westlake / 1,381 / $519-$679 retail David M. Flaherty, 1993 3 8900 Keystone Crossing, Suite 1200, 46240 15,492 36 sections 8 and 42 Axis / 336 / $1,830-$2,550 CEO; Jerry K. Collins, Indianapolis 4 (317) 816-9300 / flahertycollins.com 450 The Blvd at Anson / 296 / $1,110-$1,410 president Gene B. Glick Co. Inc. 7,057 100 elderly, market rate, Carriage House East I, II, III / 614 / $499-$579 NA David O. Barrett, 1947 4 8425 Woodfield Crossing Blvd., Suite 300W, 46240 19,823 38 sections 8, 42, 236 Carriage House West II, III, IV / 540 / $642-$652 president, CEO Indianapolis 3 (317) 469-0400 / genebglick.com 305 and 221-(d)(3) Woods of Eagle Creek I, II / 460 / $615-$678 Herman & Kittle Properties Inc. 4,891 100 elderly, market rate, Landings at 56th Street / 378 / $565-$900 NA Steve Lavery, VP, property 1948 500 E. 96th St., Suite 300, 46240 11,935 DND sections 8 and 42 Copper Chase at Stones Crossing / 296 / management; Jay Kellogg, Indianapolis 5 (317) 846-3111 / hermankittle.com 200 $1,000-$1,200 EVP , construction 7 Nora Commons on the Monon / 272 / $750-$1,000 Buckingham Cos. 4,130 60 market rate, Mohawk Hills / 548 / $825-$1,260 industrial Cindy Koehler, COO; 1984 941 N. Meridian St., 46204 7,769 28 student, manufactured Providence at Old Meridian / 410 / $760-$2,600 office Scott Sladek, EVP; Indianapolis 6 (317) 974-1234 / buckingham-co.com 196 housing, commercial, Quail Run / 288 / $929-$1,365 retail John Cumming, 5 mixed use Scott Travis, SVPs Pedcor Cos. 3,820 100 elderly, market rate, Lions Creek / 502 / $645-$855 office Bruce A. Cordingley, 1987 7 770 Third Ave. S.W., Carmel 46032 15,694 27 section 42, mixed use, Trotters Pointe I, II, III & IV / 496 / $452-$925 retail president, CEO; Phillip Carmel 6 (317) 218-2687 / pedcorcompanies.com 200 commercial GreyStone I & II / 452 / $646-$999 Stoffregen, COO, EVP Greystone Property Management Corp. 3,566 0 market rate, Lakeside Pointe at Nora / 588 / $439-$819 NA Kerry Brewer, 2005 8 8383 Craig St., Suite 240, 46250 5,783 7 section 42, Estates at Crystal Bay / 432 / $539-$849 SVP Indianapolis 8 (317) 594-0204 / greyco.com 80 bond program Fox Club / 336 / $605-$695 The Sexton Cos. 3,506 100 market rate, Lockefield Gardens / 493 / $816-$1,157 retail G. Marlyne Sexton, 1962 9 9001 N. Meridian St., 46260 5,122 12 commercial Westbury Court / 484 / $764-$939 owner Indianapolis 10 (317) 846-4444 / sextonproperties.com 113 Gardens of Canal Court / 421 / $1,147-$1,402 J.C. Hart Co. Inc. 3,460 95 market rate StoneBridge / 322 / $829-$1,249 NA John C. Hart, 1976 10 805 City Center Drive, Suite 120, Carmel 46032 3,956 14 Legacy Towns & Flats / 364 / $939-$1,490 president Carmel 9 (317) 573-4800 / homeisjchart.com 110 Linden Square Village / 298 / $849-$1,240 Samaritan Cos. 3,379 DND market rate Willow Glen South / 592 / $615-$775 NA Tim Shrout, 1991 11 170 N. Perry Road, Plainfield 46168 4,215 DND Waterford / 356 / $539-$604 president Plainfield 11 (317) 777-6329 / SamaritanCompanies.com DND Aberdeen / 354 / $765-$855 Edward Rose & Sons 3,210 100 market rate Polo Run / 695 / $584-$879 office Michael E. Gorman, 1970 12 11611 N. Meridian St., Suite 800, Carmel 46032 59,000 7 Scarborough Lake / 653 / $554-$834 president Bloomfield 12 (317) 297-3060 / edwardrose.com 129 Latitudes / 552 / $779-$929 Hills, Mich. Justus Rental Properties Inc. 2,704 100 elderly, market rate, Crestwood Village West / 830 / DND industrial Walter E. Justus, 1910 13 1398 N. Shadeland Ave., 46219 3,004 6 section 42, commercial Crestwood Village South / 758 / DND office president Indianapolis 13 (317) 353-8311 / justus.net 200 Crestwood Village East / 496 / DND Sheehan Property Management Inc. 2,389 78 elderly, market rate, River Stone / 424 / $1,002-$1,387 retail Chuck Townsend, 2006 14 6930 Atrium Boardwalk S., Suite 100, 46250 3,046 10 sections 8 and 42, The Masters / 400 / $849-$964 president Indianapolis 14 (317) 579-9270 / sheehancompanies.com 52 parking garage Maple Knoll / 300 / $905-$1,185 Magna Properties Inc. 2,187 56 elderly, market rate, Greentree / 450 / $535-$565 office Mike A. Abdalla, 2005 15 1712 N. Meridian St., Suite 300, 46202 3,923 21 sections 8 and 42 Stratford / 458 / $499-$599 president Indianapolis 16 (317) 921-1170 / magnaproperties.com 123 Grand Oak Community / 301 / $499-$599 Regency Windsor Management Inc. 2,054 100 market rate Sunblest / 608 / $850-$960 office Gary Stanley, 1996 16 2935 20th St., Vero Beach, Fla. 32960 3,456 4 Woods of Britton / 521 / $860-$1,160 retail regional vice president Vero Beach, 15 (772) 778-8240 / DND DND Sunlake / 485 / $850-$1,995 Fla. Milhaus Management LLC 1,960 20 market rate, Creekwood / 510 / $789-$839 retail Alexandra S Jackiw, 2012 17 530 E. Ohio St., Suite A, 46204 2,988 10 student housing, Villas of Watermark / 266 / $1,160-$1,410 president Indianapolis NR (317) 226-9500 / milhaus.com 88 mixed use Artistry / 258 / $1,615-$1,995 Towne Properties 1,671 0 market rate Kingston Square / 523 / $699-$799 retail Robert J. Wahlke, 1961 18 1055 St. Paul Place, Cincinnati 45202 15,000 5 Lexington Park / 362 / $599-$699 president Cincinnati NR (513) 381-8696 / towneprop.com 50 Lawrence Landing / 354 / $679-$729 Revel & Underwood Inc. 1,400 20 market rate, DND / DND / DND office Rory Underwood, 1973 19 7050 E. 116th St., Fishers 46038 1,400 6 self storage retail president Indianapolis 17 (317) 578-9400 / revelunderwood.com 25 Mark III Management Corp. 1,357 38 market rate, Waterford Place / 260 / $655-$850 NA Charles D. Pechette, 1993 20 9615 E. 59th St., 46216 1,546 16 sections 8 and 42 Creekside South / 190 / $635-$650 president Indianapolis 20 (317) 863-3131 / mark3.com 46 9000 Westfield / 98 / $730-$765 Dominion Realty Inc. 1,348 90 elderly, market rate, Stafford Pointe / 378 / $660-$815 industrial Randy W. Prock, 1968 21 8355 Rockville Road, Suite 210, 46234 2,044 11 section 8 Willow Glen East / 320 / $629-$774 DND Indianapolis 21 (317) 271-8888 / dominionrealty.com DND Moundford Terrace / 318 / $480-$719 Harbor Group Management Co. 1,300 DND market rate, Lakeshore / 740 / $900-$1,000 NA Sheila Sehlhorst, 1988 22 8210 Lakeshore Trail E. Drive, 46250 40,000 2 commercial regional manager Norfolk, Va. 18 (317) 845-7368 / myhgmc.com 13 Becovic Management Group of Indiana 1,128 80 market rate, Central Park at Metropolis / 304 / $899-$1,499 office Muhamed Becovic, 2008 23 12000 Exit 5 Parkway, Fishers 46037 1,280 5 commercial The Springs / 180 / $969-$1,369 president Fishers 22 (317) 570-0400 / becovicmgmt.com 28 Autumn Trails / 165 / $475-$699 Moynahan Williams Inc. 1,124 10 elderly, section 42, Devonshire / 216 / DND industrial Michael J. Williams, 1923 24 509 E. National Ave., 46227 2,016 17 receiverships, flex, Stratford Place / 120 / DND office VP Indianapolis 19 (317) 784-5899 / moynahanwilliams.com DND warehouse Hartshire Lakes / 272 / DND retail M2 Property Group LLC 1,116 0 market rate, Abney Lake / 460 / $489-$850 office Scott Beals, 2005 25 7399 N. Shadeland Ave., Suite 168, 46250 2,350 3 section 8, Woodcrest / 331 / $658-$767 retail director of operations Skokie, Ill. NR (888) 295-1638 / m2regroup.com 25 assisted living Abington / 328 / $639-$784 Research by Barbara Hoffman COO=chief operating officer (current as of Feb. 11, 2015) DND=did not disclose Some firms may have been omitted due to lack of Email: [email protected] EVP=executive vice president information or deadline restrictions. FTE=full-time equivalent Information was provided by the individual firms and has not LLC=limited liability company The Indianapolis Business Journal list of largest Indianapolis- been independently verified. NA=not applicable area multifamily property management firms is the most NR=not ranked comprehensive available. For copies of this list, go to Top 25 lists are compiled each December in the Book of Lists. * includes apartments and condominiums SVP=senior vice president www.IBJ.com and click on the "lists" link..