Fortune 500 Part 1: Here Are The Top 13 Industry Entrants

Bisnow

Fortune just put out this year's Fortune 500 list of top companies—Bisnow sifted through the names to find how real estate firms stacked up. Here's Part 1 of our breakdown, with firms that made it into the top half of the real estate players.

Fannie Mae

CEO: Timothy J. Mayopoulos

HQ: Washington, DC

Spot On The List: 16

Years On The List: 19

Employees: 7,300

The mortgage insurer has been under the control of the US government since the 2008 financial crash, and since housing prices started rising again in 2012 the US government has raked in cash from the company—to the tune of $147.6B, outstripping the $116.1B bailout.

Freddie Mac

CEO: Donald H. Layton

HQ: McLean, VA

Spot On The List: 43

Years On The List: 19

Employees: 5,439

While it hasn't been as profitable as its sister company, Freddie has returned nearly $100M to taxpayers since 2012. The mortgage insurer posted a $354M loss in Q1, however, as global market turmoil pushed down the value of its derivatives portfolio.

TIAA-CREF

CEO: Roger W. Ferguson Jr.

HQ: New York

Spot On The List: 82

Years On The List: 19

Employees: 12,735

This insurance company manages retirement accounts and mutual funds, and sells insurance plans—and its profits jumped 26% in 2015. TIAA-CREF has been expanding its holdings in real estate, which amount to around $90B in assets—making the company one of the world's largest real estate investors.

Marriott International

CEO: Arne M. Sorenson (pictured)

HQ: Bethesda, MD

Spot On The List: 195

Years On The List: 18

Employees: 127,500

The hotel juggernaut holds over 3,900 properties around the world—and that's only increasing. Marriott made headlines this year with its bidding war for, and subsequent $14B buyout of, Starwood Hotels.

Las Vegas Sands

CEO: Sheldon G. Adelson (pictured)

HQ: Las Vegas

Spot On The List: 241

Years On The List: 7

Employees: 46,500

Billionaire Sheldon Adelson's casino and hotel firm operates luxury resorts in Macau, Singapore, Las Vegas, and Bethlehem, PA. And Sheldon has been making headlines outside of real estate recently by pondering a super PAC to support fellow real estate mogul Donald Trump in his presidential bid.

BlackRock

CEO: Laurence Fink (pictured, left)

HQ: New York

Spot On The List: 250

Years On The List: 9

Employees: 13,000

The world's largest money manager saw a rocky start of the year, but has since rebounded, with its market cap rising more than $9B since its January low. The firm started as a subsidiary of Blackstone—but sits above that firm on this list.

Hilton Worldwide

CEO: Christopher J. Nassetta

HQ: McLean, VA

Spot On The List: 254

Years On The List: 13

Employees: 164,000

Hilton has gotten creative with its real estate holdings over the past year, spinning them off into a REIT. And to head up the new company Hilton poached the longtime CEO of RLJ Lodging Trust, Thomas J. Baltimore.

CBRE

CEO: Robert E. Sulentic

HQ: Los Angeles

Spot On The List: 269

Years On The List: 9

Employees: 70,000

CBRE is the world's largest commercial real estate investment manager, overseeing commercial properties around the world. The firm decided to move to an open plan office at its LA HQ—something welcomed by its employees.

MGM Resorts

CEO: James J. Murren

HQ: Las Vegas

Spot On The List: 309

Years On The List: 16

Employees: 57,950

This worldwide casino and hotel company dropped 20 spots on the list this year, as its revenue dropped 8.8%. The firm isn't taking that lying down, though, as it decided to monetize its real estate in the past year by spinning it off into a REIT, which just went public in April.

KKR

CEO: Henry R. Kravis (left), George R. Roberts (right)

HQ: New York

Spot On The List: 347

Years On The List: 5

Employees: 1,196

The private equity real estate giant KKR had a poor showing in Q1, as its Economic Net Income/Share was—$0.65—much lower than analysts expectations of $0.33. Still, the firm rose on Fortune's list from 356 last year.

JLL

CEO: Colin Dyer (pictured)

HQ: Chicago

Spot On The List: 436

Years On The List: 2

Employees: 61,500

This Chicago-based real estate firm has made the top half of the list in both of its years as a member. The company saw a 9.9% increase in revenue over the past year, up to $5.9B.

Starwood Hotels

CEO: Thomas B. Mangas (pictured)

HQ: Stamford, CT

Spot On The List: 444

Years On The List: 18

Employees: 188,000

This hotelier rose two spots on the list since last year, but will soon cease to exist, after being bought out by Marriott for $14B (but only after Anbang walked away from its takeover bid.)

Host Hotels

CEO: W. Edward Walter

HQ: Bethesda, MD

Spot On The List: 472

Years On The List: 15

Employees: 240

One of the smaller firms on the list, Host has seen a 13-spot jump since last year. Its profits, however, haven't been so lucky, dropping -23.8% over the same time period.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wells Fargo Moves To Foreclose On $1.3B Workspace Property Trust Portfolio

Turner Construction Hit With Cyberattack, Hackers Claim Leaks Of Military Info, NDAs

Latest Round Of Fannie Mae Senior Staff Layoffs Has Multifamily Sector Anxious

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

Why Hines Is Restarting Its Development Engine

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

How Integrated Infrastructure Can Help AI Data Centers Deploy Faster, Build Smarter

Nvidia Buys Stake In Data Center Power Company

Invesco Cuts Fees, Adds Incentives To Quell Fund Redemption Requests

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Nike Closes 15 Stores Amid Tumultuous Year