Asset Living
Asset Living added about 158,000 units year over year on NMHC’s count, more than any other top-10 manager. It does not appear on NMHC’s owner or developer lists, so it is a fee manager rather than an owner-operator. Fast growth can mean stretched teams; owners should ask about regional staffing.
Last verified: 2026-10-20
Unscored
Private. No. 2 on the NMHC 2026 list.
No published property-management rubric yet.
At a glance
| Legal entity | Asset Living (private) |
| Headquarters | Houston, TX |
| Segment | Multifamily |
| Scale (as published) | 446,427 apartment units managed (NMHC 2026) |
| Score | Unscored |
What the sources reveal
Asset Living added about 158,000 units year over year on NMHC’s count, more than any other top-10 manager. It does not appear on NMHC’s owner or developer lists, so it is a fee manager rather than an owner-operator. Fast growth can mean stretched teams; owners should ask about regional staffing.
Key facts
| Fact | Source | Checked |
|---|---|---|
| No. 2 on the NMHC 2026 Top 50 Managers list with 446,427 apartment units managed (the list shows 288,665 a year earlier, +54.7%). | source | |
| NMHC lists the CEO as Ryan McGrath and headquarters as Houston, TX. | source | |
| NMHC’s unit breakdown lists 50,849 student housing units and 3,635 build-to-rent units among the managed total. | source | |
| No. 2 on the 2025 list with 288,665 units, so the rank held while the count rose. | source |
Who it’s actually for
- Third-party owners wanting a fee manager that does not appear on NMHC’s owner lists.
- Student housing owners: about 50,800 of its NMHC units are student housing.
What we could not verify
- What drove the 2025–2026 jump (acquisitions or new contracts): not stated in the NMHC list.
- Fees and contract terms: not published.
Related
Greystar vs Asset Living · Property management hub · All profiles
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published from sources read this day.
Sources
- NMHC, 2026 Top 50 Managers · accessed 2026-10-20
- NMHC, 2025 Top 50 Managers · accessed 2026-10-20
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