Top 30 largest US real estate companies

The real estate sector is a stronghold of stability in any economy, and the United States is no exception. Residential tenants, commercial or industrial property developers and specialized property managers – many real estate companies are fighting for market share, investor interests and innovations in this key sector.

The leading American real estate companies operate several businesses developing, buying, managing, renting and selling real estate. Not only do they provide homes to millions of Americans, however, but they also operate in many industries that go beyond the obvious housing market. For example, several companies compete in the often missed but lucrative markets for industrial and commercial real estate, medical facilities, senior housing, or even communication towers and forests.

Real estate companies tend to specialize vertically to acquire, develop, manage and rent real estate more effectively to compete in market share and achieve better returns on investment. However, many of them face fierce competition in the financial markets to attract investor funds that fuel their investments in new buildings and premises in the US and around the world. To be more financially effective, most leading real estate companies are adopting the Real Estate Investment Trust – REIT structure.

What is a Real Estate Investment Trust – REIT?

A real estate investment trust, usually abbreviated as REIT, is a type of company that owns and often operates income-generating real estate (equity REIT) or finances income-generating real estate (mortgage REIT), or both (hybrid REIT). REITs are based on the mutual fund model and allow the grouping of capital from multiple investors, while individual investors can receive dividends from real estate.

REITs are most commonly publicly traded on stock exchanges like regular stocks and are highly liquid investments that any investor (individuals, companies, institutions …) can buy and sell. As a rule, they specialize in a certain type of property (residential, commercial, industrial, medical, data centres, hotels, infrastructure …). However, some REITs have also considered some degree of portfolio and/or geographic diversification.

To be legally considered a REIT, a company must comply with certain financial regulations (mostly generating income from real estate and distributing most of its profits to shareholders as dividends). Still, they can benefit from a reduced corporate income tax in return. These characteristics make REIT stocks very liquid and generate dividend income but often offer little capital appreciation.

The success of the REIT model is very evident when looking at the largest real estate companies: 29 of the top 30 American real estate companies by market capitalization are REITs (the only non-REIT on the list is CBRE).

List of the 30 largest American real estate companies by market capitalization

To give you a broader view of the real estate sector players in the United States, the following has been detailing the top 30 largest companies that manufacture the American real estate featured in the S&P 500 index. Each company is detailed with presentations of its sub-industry, activities, market capitalization, a direct link to its website, logo and stock symbol.

The real estate companies listed below are ranked by market capitalization in US dollars as of Friday, February 7, 2021. They belong to certain sub-sectors of REITs or real estate services.

Links to each real estate company

To make it easier for you to search through this long list, here are quick links that will take you straight to the details of the top 30 American real estate companies. Also, read the summary of the top 10 US real estate companies after the list!

  1. Aimco
  2. Kimco Realty
  3. Iron Mountain
  4. Federal Realty
  5. Regency Centers
  6. Host Hotels & Resorts
  7. Vornado Realty Trust
  8. Duke Realty
  9. Extra space storage
  10. UDR
  11. Mid-America Apartments
  12. Healthpeak Properties
  13. Alexandria
  14. Essex Property Trust
  15. Weyerhaeuser
  1. CBRE
  2. Ventas
  3. Boston Properties
  4. Digital Realty Trust
  5. Realty Income
  6. SBA Communications
  7. AvalonBay Communities
  8. Equity Residential
  9. Welltower
  10. Public storage
  11. Simon Property Group
  12. Equinix
  13. Crown Castle
  14. Prologis
  15. American Tower

30. Aimco

aimco logoSub-sector: residential REITs

More simply known as Aimco, apartment Investment and Management Company is a real estate investment trust specialising in shared apartments. It owns more than 36,000 homes in units in Atlanta, San Francisco, Boston, Chicago, Denver, Washington, Los Angeles, Miami, New York, Philadelphia, San Diego, and Seattle.

Website: aimco.com – Market Cap: $ 7.946 Billion – Stock Symbol: AIV

29. Kimco Realty

kimco realty logoSub-sector: retail REITs

Kimco Realty Corporation is a real estate investment trust specializing in investment centers. Founded in 1966, Kimco has developed and acquired properties that now own more than 400 malls in the United States.

Website: kimcorealty.com – Market Cap: $ 8.472 Billion – Stock Symbol: KIM

28. Iron Mountain

iron mountain logoSub-sector: Specialized REITs

Iron Mountain Incorporated is a storage and information management service that acts as a real estate investment trust. It provides services for the storage and protection of business information and data and cultural and historical artefacts. Iron Mountain owns and operates more than 1,400 facilities in more than 50 countries.

Website: ironmountain.com – Market Cap: $ 9.134 Billion – Stock Symbol: IRM

27. Federal Realty

federal realty logoSub-sector: retail REITs

The Federal Realty Investment Trust is a real estate investment trust specializing in shopping centers. The company invests and owns more than 100 shopping centres in the northeastern United States, the Mid-Atlantic States, California and South Florida.

Website: Federalrealty.com – Market Cap: $ 9.668 Billion – Stock Symbol: FRT

26. Regency Centers

regency centers logoSub-sector: retail REITs

Regency Centers Corporation is a real estate investment trust specializing in grocery retail centers. The company owns more than 400 properties in the United States and focuses on retail centers that are the main tenants of grocery stores.

Website: regencycenters.com – Market Cap: $ 10,577 Billion – Stock Symbol: REG

25. Host Hotels & Resorts

host hotels resorts logoSub-sector: Hotel & Resort REITs

Host Hotels & Resorts, Inc. is a real estate investment trust specializing in hotels. Its origins go back to 1897, after Marriot expanded it into various lines of business, acquired by Marriot, then separated from its parent company and operating as REIT. Host Hotels & Resorts now owns more than 80 upscale hotels in the United States, roughly 46,000 rooms.

Website: hosthotels.com – Market Cap: $ 11.949 Billion – Stock Symbol: HST

24. Vornado Realty Trust

vornado realty trust logoSub-sector: Office REITs

Vornado Realty Trust is a real estate investment trust that primarily invests in Manhattan, New York buildings. The company owns and operates major real estate, including office, street retail, signage, and residential buildings, and is also involved in new property development and redevelopment. Vornado also has interests in many properties in San Francisco, Chicago, and New York REIT Alexander’s.

Website: vno.com – Market Cap: $ 12.661 Billion – Stock Symbol: VNO

23. Duke Realty

duke realty logoSub-industry: Industrial REITs

Duke Realty is a real estate investment trust specializing in industrial real estate. It owns, develops, and manages warehouses and distribution centres primarily used by e-commerce and supply chain companies. Duke Realty has real estate in the United States, but more specifically in the Midwest and South.

Website: dukerealty.com – Market Cap: $ 13.464 billion – Stock Symbol: DRE

22. Extra space storage

extra space storage logoSub-sector: Specialized REITs

Extra Space Storage is a real estate investment trust that specializes in self-storage units. The company owns more than 1,800 storage facilities in the United States with 1.3 million storage units. Extra Space Storage also maintains solar systems on many of its properties.

Website: extraspace.com – Market Cap: $ 14.273 billion – Stock Symbol: EXR

21. UDR

udr logoSub-sector: residential REITs

UDR is a real estate investment trust that invests in apartments. It offers quality apartments in some of the most desirable residential areas in the US, including service and amenities. UDR is involved in more than 120 residential communities with around 40,000 apartments.

Website: udr.com – Market Cap: $ 14.31 Billion – Stock Symbol: UDR

Read Also: Top 20 largest US insurance companies in 2021

20. Mid-America Apartments

mid america apartment communities logoSub-sector: residential REITs

Mid-America Apartment Communities, more simply known as MAA, is a real estate investment trust specialising in residential housing. MAA primarily operates in the southeast and southwest of the United States and has more than 300 shared apartments.

Website: maac.com – Market Cap: $ 16.105 Billion – Stock Symbol: MAA

19. Healthpeak Properties

healthpeak properties logoSub-sector: REITs in the healthcare sector

Healthpeak Properties, Inc. is a real estate investment trust specializing in life science facilities, medical offices, and retirement homes. With life science locations in San Francisco, Boston, and San Diego, prominent real estate in leading hospitals, and more than 27,000 senior housing units in the United States, Healthpeak owns more than $ 20 billion in real estate.

Website: healthpeak.com – Market Cap: $ 17.987 billion – Stock Symbol: PEAK

18. Alexandria

alexandria real estate equities logoSub-sector: Office REITs

Alexandria Real Estate Equities, better known as Alexandria, is a real estate investment trust focused on offices and laboratories for the tech and life science industries. The company owns more than 290 properties, primarily in the Greater Boston, San Francisco, and San Diego areas. In addition, Alexandria has developed a venture capital firm that invests in life science companies.

Website: are.com – Market Cap: $ 20.558 Billion – Stock Symbol: ARE

17. Essex Property Trust

essex property trust logoSub-sector: residential REITs

Essex Property Trust is a residential real estate investment trust. It owns more than 240 apartment complexes, most of which are on the west coast of the United States and an office building.

Website: essexapartmenthomes.com – Market Cap: $ 20.805 Billion – Stock Symbol: ESS

16. Weyerhaeuser

weyerhaeuser logoSub-sector: Specialized REITs

The Weyerhaeuser Company is a real estate investment trust specializing in Holland. It is involved in the sustainable management of more than 12 million acres of forest in the United States and more than 14 million acres in Canada. It produces wood and wood products. Weyerhaeuser also manages the natural resources, energy and real estate associated with its land.

Website: weyerhaeuser.com – Market Cap: $ 21.296 billion – Stock Symbol: WY

15. CBRE

cbre group logoSub-sector: real estate services

CBRE Group, Inc. is a property services and investment company. CBRE dates back to 1906 and now offers real estate user services, including facility management, project management, sales and leasing transactions, and advice. In addition, it offers finance and leasing services, investment and real estate management, valuation and development for investors.

Website: cbre.com – Market Cap: $ 21.434 Billion – Stock Symbol: CBRE

14. Ventas

ventas logoSub-sector: REITs in the healthcare sector

Ventas, Inc., a real estate investment trust specializing in healthcare real estate. The company acquires, develops, and manages a diversified portfolio of senior housing, medical practice, research and innovation, and healthcare real estate with investments valued at more than $ 36 billion.

Website: ventasreit.com – Market Cap: $ 21,969 Billion – Stock Symbol: VTR

13. Boston Properties

boston properties logoSub-sector: Office REITs

Boston Properties, Inc. is a real estate investment trust specializing in office buildings. Boston Properties has interests in approximately 160 Class A office properties and operates primarily in the Boston, Los Angeles, New York, San Francisco and Washington, DC regions.

Website: bostonproperties.com – Market Cap: $ 22.066 billion – Stock Symbol: BXP

12. Digital Realty

digital realty logoSub-sector: Specialized REITs

Digital Realty Trust, Inc. is a real estate investment trust specializing in data centers and connectivity and cloud services. The company owns and operates more than 280 data centers in 22 countries and is particularly represented in the USA, Europe and Asia.

Website: digitalrealty.com – Market Cap: $ 25.715 billion – Stock Symbol: DLR

11. Realty Income

realty income logoSub-sector: retail REITs

Realty Income Corporation is a real estate investment trust primarily focused on commercial real estate. The company owns more than 6,500 properties that have been leased primarily to retail tenants in the United States, Puerto Rico and the United Kingdom for 10 to 20 years. The Realty Income Corporation thus guarantees a steady cash flow to pay its shareholders monthly dividends and markets itself to financial investors with the trademark “The Monthly Dividend Company”.

Website: realtyincome.com – Market Cap: $ 25.914 Billion – Stock Symbol: O

10. SBA Communications

sba communications logoSub-sector: Specialized REITs

SBA Communications Corporation is a real estate investment company specializing in wireless infrastructure. The company develops, operates and leases various infrastructures and equipment for cellular operators and wireless broadband providers, e: B. small cells, distributed antenna systems for indoor and outdoor use and traditional cell phone sites. SBA Communications operates primarily in the United States, Canada, Brazil, Latin America and South Africa.

Website: sbasite.com – Market Cap: $ 29.143 Billion – Stock Symbol: SBAC

9. AvalonBay Communities

avalonbay communities logoSub-sector: residential REITs

AvalonBay Communities, Inc. is a real estate investment trust for residential real estate. The company develops, redevelops, acquires and manages more than 75,000 residential units in the New England, New York City and Washington, DC regions, as well as in the states of California, Washington, Florida and Colorado.

Website: avaloncommunities.com – Market Cap: $ 30.61 Billion – Stock Symbol: AVB

8. Equity Residential

equity residential logoSub-sector: residential REITs

Equity Residential is a residential real estate investment trust. The company owns approximately 80,000 homes in 300 prime markets, including New York City, Boston, Washington, DC, San Francisco, Los Angeles and Seattle.

Website: Equityapartments.com – Market Cap: $ 31.295 billion – Stock Symbol: EQR

7. Welltower

welltower logoSub-sector: REITs in the healthcare sector

Welltower Inc. is a real estate investment trust specializing in healthcare infrastructure. It is involved in the development and management of senior housing, acute care facilities and health systems, hospitals, medical office buildings, and other health care facilities.

Website: welltower.com – Market Cap: $ 34.14 Billion – Stock Symbol: GOOD

6. Public storage

public storage logoSub-sector: Specialized REITs

Public Storage is a self storage company that acts as a real estate investment trust. Public Storage is the largest self-storage company in the US and worldwide, managing more than 2,200 self-storage facilities in the US and seven European countries. It operates under the Shurgard brand.

Website: publicstorage.com – Market Cap: $ 39.343 billion – Stock Symbol: PSA

5. Simon Property Group

simon property group logoSub-sector: retail REITs

Simon Property Group, Inc. is an investment real estate investment trust. The company owns and operates more than 300 premium shopping, dining, entertainment and mixed-use properties in 37 states and beyond in North America, Europe and Asia.

Website: simon.com – Market Cap: $ 43.275 Billion – Stock Symbol: SPG

4. Equinix

equinix logoSub-sector: Specialized REITs

Equinix, Inc. is a multinational Internet connectivity and data centre company serving as a real estate investment trust. It manages more than 210 data centres on 5 continents and offers data infrastructure, management and connectivity, cloud services and other related services.

Website: equinix.com – Market Cap: $ 51.679 Billion – Stock Symbol: EQIX

3. Crown Castle

crown castle logoSub-sector: Specialized REITs

Crown Castle International Corporation, more simply known as Crow Castle, is a communications infrastructure company that functions as a real estate investment trust. It manages more than 40,000 communication towers and small cells, as well as approximately 80,000 route miles of fibre in the United States.

Website: Crowncastle.com – Market Cap: $ 62.794 billion – Stock Symbol: CCI

2. Prologis

prologis logoSub-industry: Industrial REITs

Prologis, Inc. is a multinational real estate investment trust specializing in logistics and engaged in sustainable development and renewable energy generation. Prologis is the world’s leading provider of industrial real estate, with more than 4,600 logistics and distribution centres and facilities in 19 countries in the Americas, Europe and Asia, with assets under management of more than $ 136 billion.

Website: prologis.com – Market Cap: $ 68.813 billion – Stock Symbol: PLD

1. American Tower

american tower logoSub-sector: Specialized REITs

American Tower Corporation, also known as ATC, is a real estate investment trust specializing in wireless communications infrastructure. The company owns and operates more than 180,000 communications locations, including more than 40,000 in the United States and around 140,000 in Latin America, Europe and Africa. American Tower rents space on wireless communication towers and provides building technology, distributed antenna systems, and managed rooftop services.