May 2023 | Page 21

DENVER RISING
Most Active Developers of All Time
Finally , going back even further , who are the all-time leaders in Colorado ? While we do not know who built some of the oldest apartment communities along the Front Range , we have developers assigned to 291,500 apartments in 1,432 properties . Easily at the top of the list is Trammell Crow Residential with almost 9,000 apartments in 31 properties . We recognize that TCR had several different partners in charge of the Denver market over the years , some of whom started their own construction companies that also appear on these lists .
In second place is Carmel Companies , led by Kal Zeff , the father of Carmel Partners ’ owner Ron Zeff . Kal built almost 7,900 units in 28 properties during his career . In third is Fairmark Residential , formerly known as Fairfield Residential , with 6,700 apartments in 19 properties . When looking at the total number of communities , Legacy Partners has the third highest count at 23 individual communities .
Largest Developers
All Time ( Denver Metro Area )
Developer Name
Units
Projects
1
Trammell Crow Residential
8,975
31
2
Carmel Companies
7,867
28
3
Fairmark ( Fairfield ) Development
6,733
19
4
Simpson Housing LP
6,651
22
5
Embrey Partners , Ltd .
6,488
20
6
Legacy Partners
5,870
23
7
Alliance Residential
5,486
19
8
Journey Homes , LLC
4,833
21
9
Carmel Partners
4,605
13
10
McWhinney Property Group , LLC
4,429
17
11
Holland Residential
4,401
16
12
Thompson Thrift Residential
4,210
15
13
JPI
4,131
12
14
The Garrett Companies
4,131
20
15
Quarterra
4,086
13
16
The Feld Company
3,993
14
17
Greystar Real Estate Partners
3,591
13
18
Shea Properties
3,096
13
19
Wood Partners
2,901
11
20
Convergence Multifamily RE Group
2,885
10
21
Grand Peaks
2,821
9
22
Evergreen Development
2,548
10
23
Jordon Perlmutter & Company
2,512
12
Legacy Fitz ( Legacy Partners ) in Aurora ( Erin Shumaker )
24 Continental Properties 2,492 10 25 AG Spanos , Denver Office 2,481 9