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Summit Makes NMHC Top Builder List for 10th Year

2022 NMHC 50 Top Builder List

Summit Contracting Group is Ranked in NMHC’s List of Top Builders in the Nation for 10 Consecutive Years

April 14, 2022

Summit Contracting Group earned national recognition by making the National Multifamily Housing Council’s (NMHC) 2022 NMHC 50 (nmhc.org/The-NMHC-50/), the annual ranking of the nation’s largest apartment owners, managers, developers, builders and syndicators. Summit Contracting Group is ranked third apartment builder in the country, with 10,569 units started in 2021. Since 2013 Summit has ranked in the top 10 each year in the NMHC 50 list.

We are grateful to be ranked among the best in the industry, especially at a time when the multifamily market is more competitive than ever. This level of production and success would not happen without the talented group of professionals we work with every day. Our clients, architects, subcontractors and outstanding dedicated team at Summit make it possible for us to tackle any challenge that comes our way.

Marc PadgettPresident, Summit Contracting Group

Highlights of the NMHC 50 data (source: NMHC press release):

  • 10,569 – Number of units started by Summit Contracting Group in 2021.
  • 129,024 – Number of units started by NMHC 50 top 25 builders in 2021.
  • 96.6 percent – 2021 apartment occupancy rate.
  • 328,000 – Number of apartment homes that need to be built every year to keep up with annual demand.

There are strong fundamentals underlying the multifamily sector and an even greater need to create more housing. This is exactly what we plan to do – build.

Marc PadgettPresident, Summit Contracting Group
bar graph showing increase in units built by year

Summit’s record of units started demonstrates deliberate steady growth each year. The number of projects taken on is selected in proportion to what project teams can efficiently manage, with goals to grow the company at a rate that is sustainable and will provide a secure future for employees.

Leading the Build

From market rate to workforce housing, student housing and senior living – Summit Contracting Group has built all types of multifamily and we turn more units than any other general contractor. At the heart of our success is the focus on our relationships with clients, employees and subcontractors.

About NMHC

Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is the leadership of the trillion-dollar apartment industry. We bring together the prominent owners, managers and developers who help create thriving communities by providing apartment homes for 40 million Americans. NMHC provides a forum for insight, advocacy and action that enables both members and the communities they help build to thrive.

For more information visit NMHC’s website at nmhc.org.