Largest Real Estate Development Companies In The Us
Real estate development is a flourishing industry in the United States, with many big and small companies contributing to its growth. In this article, we will take a look at the largest real estate development companies in the US and their contributions to the industry.
1. The Related Companies
The Related Companies is a privately-owned real estate firm that focuses on the development, management, and financing of residential and commercial properties. The company was founded in 1972 and is headquartered in New York City. The Related Companies has a portfolio of over $60 billion in real estate assets and is responsible for the development of some of the most iconic buildings in the US, including the Time Warner Center and Hudson Yards.
2. Brookfield Asset Management
Brookfield Asset Management is a global asset management company that specializes in real estate, infrastructure, renewable energy, and private equity. The company has over $600 billion in assets under management and is headquartered in Toronto, Canada. Brookfield Asset Management has a significant presence in the US real estate market and is responsible for the development of many high-profile projects across the country.
3. Hines
Hines is a privately-owned real estate investment firm that focuses on the development, management, and ownership of commercial and residential properties. The company was founded in 1957 and is headquartered in Houston, Texas. Hines has a portfolio of over $144 billion in real estate assets and is responsible for the development of many iconic buildings in the US, including the Salesforce Tower in San Francisco and the Williams Tower in Houston.
4. Prologis
Prologis is a global logistics real estate company that specializes in the development, management, and ownership of industrial properties. The company was founded in 1991 and is headquartered in San Francisco, California. Prologis has a portfolio of over 963 million square feet of industrial space and is responsible for the development of many industrial parks and distribution centers across the US.
5. Simon Property Group
Simon Property Group is a real estate investment trust (REIT) that specializes in the ownership, development, and management of retail properties. The company was founded in 1960 and is headquartered in Indianapolis, Indiana. Simon Property Group has a portfolio of over 200 properties in the US and is responsible for the development of many iconic shopping malls and retail centers across the country.
6. CBRE Group
CBRE Group is a global commercial real estate services and investment firm that specializes in the leasing, sale, and management of commercial properties. The company was founded in 1906 and is headquartered in Los Angeles, California. CBRE Group has a portfolio of over 3 billion square feet of commercial space and is responsible for the management of many high-profile office buildings and commercial properties across the US.
7. JLL
JLL (Jones Lang LaSalle) is a global commercial real estate services firm that specializes in the leasing, sale, and management of commercial properties. The company was founded in 1783 and is headquartered in Chicago, Illinois. JLL has a portfolio of over 4 billion square feet of commercial space and is responsible for the management of many high-profile office buildings and commercial properties across the US.
8. Tishman Speyer
Tishman Speyer is a privately-owned real estate investment firm that specializes in the development, management, and ownership of commercial and residential properties. The company was founded in 1978 and is headquartered in New York City. Tishman Speyer has a portfolio of over $91 billion in real estate assets and is responsible for the development of many iconic buildings in the US, including Rockefeller Center and the Chrysler Center.
9. Boston Properties
Boston Properties is a real estate investment trust (REIT) that specializes in the ownership, development, and management of office properties. The company was founded in 1970 and is headquartered in Boston, Massachusetts. Boston Properties has a portfolio of over 50 million square feet of office space and is responsible for the development of many high-profile office buildings across the US.
10. Blackstone Group
Blackstone Group is a global investment firm that specializes in private equity, real estate, and credit. The company was founded in 1985 and is headquartered in New York City. Blackstone Group has a significant presence in the US real estate market and is responsible for the development of many high-profile projects across the country.
Real estate development is a lucrative industry in the US, and these companies are leading the way in its growth and development. Whether it is the development of commercial or residential properties, these companies are responsible for shaping the landscape of the US real estate market.