Jacksonville, FL – The National Affordable Housing Management Association (NAHMA) announced its 2016 Affordable 100, which is described on their website as a list of the 100 largest affordable multifamily property management companies ranked by affordable unit counts. WRH Realty Services moved up in rankings to number 55, up from 65 in 2015.
According to the NAHMA website, the NAHMA Affordable 100 list contributes vital data to the ongoing national dialogue on the future of federal funding for affordable housing. In an effort to accurately determine the portfolio of affordable units receiving federal subsidy in the United States, NAHMA publishes this annual listing of affordable units containing at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds.
WRH Realty Services, Inc. is one of the largest full-service real estate investment, property management, construction and consulting firms in the southeast with properties in Florida, Texas, North Carolina, South Carolina, Tennessee and Georgia. The St. Petersburg based company also has regional offices in Jacksonville, Charlotte and Houston. Specializing in multi-family real estate, WRH Realty Services manages a well-diversified portfolio of apartment communities comprised of more than 15,500 units across the southeast. Properties range from A to C conventional properties and also affordable housing comprised of LIHTC, HUD subsidized and bond financed assets.