Houston (May 26, 2021) – For the first time in the company’s history, Asset Living earned their ranking on the annual National Affordable Housing Management Association’s (NAHMA) 2021 Affordable 100 — an annual list comprised of the largest affordable multifamily property management companies listed by total affordable unit counts. Asset Living was named the 11th largest management company of affordable multifamily properties in the United States.
“Once again I find myself humbled and proud of the entire Asset family who has made our collective dreams a reality through the growth of our affordable multifamily portfolio,” said Asset Living CEO and President, Ryan McGrath. “Being recognized by NAHMA is truly an honor and I’m excited about our company’s footprint that’s continuing to expand in the affordable multifamily industry. It is only upward from here, and we’re just getting started.”
This national recognition endorses Asset Living’s growing expertise in their affordable multifamily portfolio and further demonstrates the company’s commitment to managing properties as well as working with residents and the larger community to ensure everyone has a place to call home.
“While a lot is happening throughout our affordable portfolio, we’re also evolving as a company through our acquisitions and organic growth. We’re in the process of redesigning our brand’s mission, vision, and core company values as part of a concerted effort across the entire organization to provide best-in-class service to each of our residents and clients,” said Asset Living CEO and President, Ryan McGrath.
Each year, the National Affordable Housing Management Association (NAHMA) Affordable 100 List appears on the company’s website and the list will also run in the next issue of NAHMA News and the National Apartment Association’s Units magazine. In an effort to accurately determine the portfolio of affordable units receiving federal subsidy in the United States, NAHMA publishes this annual list of affordable units containing at least one of the following federal subsidies: HUD Project-based Section 8, Section 42 LIHTC, HOME funds, bonds and USDA Section 515.
For more details about the NAHMA Affordable 100 list, visit their website at https://www.nahma.org/about/affordable-100/.
NAHMA is the leading voice for affordable housing management, advocating on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. NAHMA supports legislative and regulatory policy that promotes the development and preservation of decent and safe affordable housing, is a vital resource for technical education and information and fosters strategic relations between government and industry. NAHMA’s membership represents 75% of the affordable housing industry and includes its most distinguished multifamily owners and management companies. Visit www.nahma.org for more information.
About Asset Living
Founded in 1986, Asset Living (“Asset”) is a Houston-based real estate management firm. With a growing portfolio that includes a multitude of properties across the nation, Asset provides services to a variety of clients that include property management, asset management, receivership, and investment services. Asset is a member of The Institute of Real Estate Management (IREM), and is recognized as an Accredited Management Organization (AMO). To learn more, please visit www.assetliving.com.