INDIANAPOLIS (December 19, 2024) – The Annex Group®, a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities, announces it has been named among the nation’s top multi-housing development firms. The Annex Group ranks forty-third on Multi-housing News’ 2024 Top Multifamily Development Firms list.
With 2,114 units currently under construction and 1,281 units completed between 2021 and 2023, this is The Annex Group’s third time appearing on the list which is created based on self-reported data from participating firms being analyzed by Multi-housing News’ weighted formula.
“The past year has been one of growth and innovation for us at The Annex Group,” said Kyle Bach, CEO of The Annex Group. “We’ve entered new markets, expanded into new asset classes, and ultimately made every move with impact as our unchanging end-goal. We’re proud of what we’ve been able to accomplish amid continued industry volatilities, and even more, we’re looking forward to all 2025 will bring us and especially our residents.”
In 2024, The Annex Group announced plans for seven new communities:
- Union at the Marina, an affordable housing community in Dubuque, Iowa
- Union at Bluffs Run, an affordable housing community in Council Bluffs, Iowa
- Union at A2, an affordable housing community in Ann Arbor, Michigan
- A new student housing community in a public-private partnership with the University of Memphis in Tennessee
- Union at Purple Heart Trail, an affordable housing community in Wichita, Kansas
- Union at River’s Edge, an affordable housing community in Des Moines, Iowa
- Central at South Haymarket, an affordable housing community in Lincoln, Nebraska
The company also completed construction on:
- Union at Middle Creek, an affordable housing community in Lincoln, Nebraska
- The Annex of Bloomington, a workforce housing community in Bloomington, Indiana
- Union at Pacific Highway, an affordable housing community in Corvallis, Oregon
- Union at Oak Grove, an affordable housing community in Howell, Michigan
- Union at North Crossing, an affordable housing community in Waterloo, Iowa
- The Annex of Pullman, a student housing community in Pullman, Washington
According to Multi-housing News, “There has been significant multifamily development this year. As of early November, the national pipeline included nearly 1.2 million units under construction and more than 4.4 million units in the planning and permitting stages, according to Yardi Matrix data.”
To learn more about The Annex Group, visit www.theannexgrp.com.
ABOUT THE ANNEX GROUP®
The Annex Group® is a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.