By: Les Shaver
BUILDER May 2010
The large multifamily builders which traditionally fill the top ten spots have focused their operations on asset management rather than new construction. As this portion of the industry turns around, the competition for mulitfamily zoned land will become strong in many markets. However, in my opinion, approved and unimproved multifamily projects (on the shelf) will satsify the demand in most markets for the immediate future of the housing recovery. I would also expect to see company consolidation through acquisition. The top ten multifamily builders of 2010 may not look much differrent from the above list but will most likely change dramatically in 2011 and beyond.
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