Willow Bridge Property Company Grows Over 20K Net Units
DALLAS, April 17, 2024 (GLOBE NEWSWIRE) -- Willow Bridge (formerly known as Lincoln Property Company) has been named the 4th Largest Apartment Manager according to the 2024 NMHC Top 50 list released earlier this month. Willow Bridge has ranked on the NMHC 50 list every year since the rankings debuted in 1989.
- Willow Bridge has ranked on the NMHC 50 list every year since the rankings debuted in 1989.
- Following the company’s acquisition by Ontario Teachers’ Pension Plan (OTPP) in February 2023, Willow Bridge is no longer affiliated with Lincoln Property Company or Liberty Military Housing (37.2K units), which resulted in a drop to 180,000 units under management.
- In just a matter of months, Willow Bridge steadily grew to over 200,000 units, a remarkable feat despite an industry-wide dip in transaction volume and apartment starts.
- “While the numbers might tell the story that we dipped in units under management, that is far from the truth,” said Scott Wilder, President, Property Management for Willow Bridge.