Kicking off our third year of ORA Power Rankings, in this edition, we feature the Elite 1% of properties from 2016. Through our exhaustive research of 63,000 properties across all review sites, a total of 699 properties made it onto this elite list.
Below, we feature the best of the best—the top 50 properties of the Elite 1%.
The ace property for 2016 was The Kensington (Boston), managed by Bozzuto, with a score of 96. Elated to receive this honor for the second consecutive year, Daniel Pereira, general manager of the property, says, “The Kensington team is extremely proud to be recognized again by J Turner Research as the top-ranking property for online reputation in the nation. This recognition affirms our unwavering commitment to providing the highest level of customer service to our residents.” Bozzuto has the highest number of properties (five) among the top 50.
At No. 2 is Everton at Bellmar (Dallas), managed by Knightvest Property Management (score: 96). Camden Plaza (Houston), managed by Camden Property Trust, also registered 96, to take third place. To be eligible for this ranking, a property had to have a minimum of 20 reviews. For properties with the same ORA scores, the property with the higher number of reviews ranked higher.
In 2016, the national average ORA was 57.5, which jumped more than three points from 2015. The highest ORA score for a property also scaled two points—from 94 in 2015 to 96 in 2016. There are 26 new entrants among the top 50 properties and 366 new entrants in the top 1% ranking of 2016.
This surge in the number of newcomers and ORA scores reflects the sharpened focus properties have on online review management. J Turner’s recent study Prospects’ Internet Adventure shows that 70% of prospects chose to visit a property with a better online reputation. It's evident that management is focusing more on improving their online reputation; they realize they may be missing traffic due to a comparatively low online presence. This makes the top 1% ranking much more competitive.
The top three management companies to manage the most properties among the top 50 are Bozzuto, with five; Hawthorne Residential Partners, with four; and Greystar, with three. Six of the top 50 properties are privately managed. In the overall top 1% ranking, 114 properties are privately managed, and the top three companies are Greystar, with 54 properties; Bozzuto, with 47 properties; and AvalonBay Communities, with 32 properties. More than 210 management companies are listed for the 699 properties in the top 1% ranking.
With regard to states, the top three—with the lion’s share of properties in the top 1%—are Texas, with 81; Virginia (56); and Maryland (50). Among the top 50 properties, the leading states are Washington, with six; Massachusetts (five); and Ohio and North Carolina (four each).
To view the complete list of the Elite 1%, visit https://www.jturnerresearch.com/ora-elite-2016
|2||Everton at Bellmar|
|Knightvest Property Management||96|
|Camden Property Trust||96|
|5||Legacy at Jones Farm|
|7||The Courts of Devon|
|8||Park Place One Apartments|
|9||Pohlig Box Factory|
|WPM Real Estate||94|
|11||Hawthorne at the Grove|
|Hawthorne Residential Partners||94|
|12||One Canal Apartment Homes|
|Mill Creek Residential Trust||94|
|15||The Laurel Apartments|
|Van Metre Management Co.||94|
|17||The Mills at Riverbend Commons|
|18||The Wilson Building|
|19||Marq West Seattle|
|CWS Apartment Homes||94|
|20||The Brix at 26|
|21||Pecan Springs Luxury Apartment Homes|
|22||Flats on D|
|24||The Hamilton Luxury Apartment Homes|
(Costa Mesa, Calif.)
|Pan American Properties||93|
|26||AVA Capitol Hill|
|28||Twenty | 20|
(East Cambridge, Mass.)
|29||Aperture on Fifth Apartments|
(Overland Park, Kan.)
|Price Brothers Management||93|
(Culver City, Calif.)
|Jones and Jones||93|
|32||Link Apartments Glenwood South|
(Apple Valley, Minn.)
|34||1600 Glenarm Place|
|Red Peak Properties||92|
|35||Legends at Oak Grove|
|United Residential Properties||92|
|37||Waterside Greene Apartments|
|Hawthorn Residential Partners||92|
(South Lebanon, Ohio)
|North American Properties||92|
|40||Silverdale Ridge Apartments|
|42||Hawthorne at Murrayville|
|Hawthorne Residential Partners||92|
|43||AXIS Wellington Green|
|44||Villas at Houston Levee East|
|46||Broadmoor at Aksarben Village|
|47||Grove at Park Place|
|Hawthorne Residential Partners||92|
|48||Mt. Adams Apartments|
|50||Millstone at Kingsview|
About ORA Power Rankings
ORA Power Rankings is powered by J Turner Research in association with media partner Multifamily Executive. Each month, MFE publishes a new ranking of apartment properties and management companies based on different parameters.
To learn more, or to find your ORA™ score, visit www.jturnerresearch.com/about/what-is-ora-score.
The ORA score is an aggregate compilation of a property's ratings across all review sites. Each month, J Turner Research monitors the online ratings of more than 63,000 properties, nationwide, across all review sites. Using a statistical model, a single score based on a scale of 0 to 100 is assigned to each property. This score serves as a benchmark to compare and contrast individual properties and portfolios nationally, regionally, and with the competition.
Questions? Please contact the J Turner Research team at firstname.lastname@example.org.