The National Multi Housing Council released the 2008 Top 50 Apartment Managers list on April 2. Drucker & Falk, LLC--an investment real estate services firm with offices in Newport News, VA; Raleigh, NC; Charlotte, NC; and Richmond, VA--appeared at number 41 on the list, with 29,384 managed apartment homes. Drucker & Falk has grown since the 2007 list, which placed them at number 46, with 27,099 managed apartments.

The National Multi Housing Council releases its Top 50 list annually, tracking trends within the multifamily real estate industry. The 2008 article demonstrates the changing landscape of apartment management, as national mega firms replace regional management firms in many areas. Drucker & Falk, LLC is one of the elite regional management firms that consistently rank among the Top 50 in the nation. While maintaining a regional footprint and a third party fee management structure, Drucker & Falk is able to stand toe to toe with national real estate investment trusts and other companies operating across a broader geographic spread.

Celebrating its 70th anniversary this year, Drucker & Falk has built a successful business by focusing its efforts across the Mid Atlantic and Southeastern states, including Virginia, North Carolina, South Carolina, Georgia, Florida and Tennessee. Since 1938, the firm has operated as a family-owned business, now in its third generation of leadership. The geographic focus and the consistency of leadership values have been hallmarks of the firm's success.