
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 2 of our breakdown, with firms in the bottom half of the list. (Check out Part 1 here.)
Simon Property Group

CEO: David Simon (pictured)
HQ: Indianapolis
Spot On The List: 488
Employees: 4,075
The country's largest real estate investment trust moved up from 529 in the rankings last year, as it saw profits rise by nearly 30% over the same time. The US's largest shopping mall owner seems to have recovered from its failed $16.8B bid for Macerich last year.
Blackstone Group
CEO: Stephen A. Schwarzman (pictured)
HQ: New York
Spot On The List: 536
Employees: 2,060
The world's largest alternative asset manager had a rough year, with its profits cut in half, by Fortune's reckoning. Still, the PERE giant has come a long way since its founding in 1985.
Hyatt Hotels
CEO: Mark S. Hoplamazian
HQ: Chicago
Spot On The List: 562
Employees: 45,000
Hyatt bumped up 21 spots from last year, although it has yet to break into the top 500. Despite that rise in Fortune ranking, the firm saw a 64% decrease in profits over the past year.
Toll Brothers
CEO: Douglas C. Yearley Jr.
HQ: Horsham, PA
Spot On The List: 576
Employees: 39,000
Toll Brothers saw a much larger jump in rankings than Hyatt, up from 628 last year. The luxury homebuilder also made Fortune's list of fastest-growing companies, at No. 53.
Wynn Resorts
CEO: Stephen A. Wynn (pictured)
HQ: Las Vegas
Spot On The List: 585
Employees: 20,800
Wynn saw a big drop in rankings on the year, falling from 477 as its profits took a 73.3% dive. The company has been expanding its holdings in Macau, despite a slowdown in the Chinese city.
Ventas
CEO: Debra A. Cafaro (pictured)
HQ: Chicago
Spot On The List: 651
Employees: 466
Ventas also saw a drop in profits on the year, although not quite as much as Wynn, at just 12.2%. It has been just over a year since the Chicago-based company bought and spun off nursing and rehab properties from Ardent Medical Services.
Carlyle Group
CEO: David Rubenstein (pictured), William E. Conway Jr.
HQ: Washington, DC
Spot On The List: 730
Employees: 1,700
This PERE giant dropped 101 spots from its place on the list last year. Carlyle and its peers had a particularly difficult Q1 amid market turmoil and rock-bottom oil prices.
Equity Residential
CEO: David J. Neithercut
HQ: Chicago
Spot On The List: 781
Employees: 3,500
Sam Zell's (pictured) Equity Residential just revealed that a slowdown in gateway cities has it struggling. The Grave Dancer himself has predicted a recession in the coming months—although he hasn't broken out his classic pre-recession poetry yet (that we know of).
Vornado
CEO: Steven Roth (pictured)
HQ: New York
Spot On The List: 833
Employees: 4,089
Vornado has dropped 19 spots on the list after a 12.1% drop in profits on the year. The company has just moved into co-working and co-living, opening a WeWork and WeLive in Crystal City, DC.
Boston Properties
CEO: Owen D. Thomas (pictured)
HQ: Boston
Spot On The List: 846
Employees: 765
Boston Properties has seen a nice 50-spot bump on the list since last year, and a profit increase of over 30%. The East Coast company just made its first foray into SoCal, buying a $500M office complex from Blackstone.
General Growth Properties
CEO: Sandeep Mathrani (pictured)
HQ: Chicago
Spot On The List: 861
Employees: 1,700
GGP, one of the country's largest mall operators, has seen a 104% increase in profits over the past year, up to $1.3B. The retail REIT is investing in high-tech maps and other amenities to bring shoppers to its malls.
Public Storage

CEO: Ronald L. Havner Jr. (pictured)
HQ: Glendale, CA
Spot On The List: 870
Employees: 5,300
Public Storage is an oddball on this list, as the only self-storage REIT. Yet it has been a cash cow on Wall Street, with shares up 17% annually over the past 20 years—more than doubling the S&P 500 average.
Hospitality Properties Trust
CEO: John G. Murray
HQ: Newton, MA
Spot On The List: 988
Employees: 400
This real estate firm just barely squeezed onto Fortune's top 1000 list, and if its falling profits continue (down 15% for the year) it could be on its way out. Still, over the last month the lodging REIT's shares have trended upward.











