NAHB Lauds Urban Condos, Affordable Rentals
April 18, 2007 -
The famous but deteriorating RCA building remade into trendy loft apartments; an artist colony for seniors, and Elvis Presley’s childhood apartment that was saved as part of the rehabilitation of an old public housing development were among this year’s innovative winners of the prestigious Pillars of the Industry Awards, bestowed by the National Association of Home Builders (NAHB).
NAHB’s Pillars of the Industry Awards honor excellence in apartment and condo design, development, marketing and management, and are considered the most prestigious national awards in the multifamily housing industry. NAHB recognized winners for excellence and superior leadership in more than 30 categories as part at its annual conference for apartment and condo developers, held last week in Hollywood, Fla.
“These award-winning projects are proof positive that multifamily housing in this country just keeps getting better and better, “ said Leonard Wood, managing partner of the Atlanta-based Wood Partners, LLC, and chairman of NAHB’s Multifamily Leadership Board.
“We saw tremendous innovation across so many categories—from luxury condos to student housing—but what is most impressive is what multifamily builders are doing to serve the needs of families with low- and moderate incomes, including military personnel.”
Wood noted that this year’s awards competition had the highest number of entries ever in the affordable housing categories, including four large-scale redevelopments of whole neighborhoods into mixed-income and mixed-use communities. Clark Realty Capital took top honors in the Best Neighborhood Revitalization category for its Monterey Bay (Calif.) Military Housing development.
The Multifamily Community of the Year Award, which is sponsored by Freddie Mac, went to the Chicago architectural firm Pappageorge/Haymes for its University Commons condominium community developed by The Enterprise Companies in downtown Chicago.
The site of a former fruit and vegetable warehouse, the condo project had won the top award in the Best Adaptive Reuse (from a non-residential product to a Condominium Community) category. NAHB named Forest City Residential the Freddie Mac Multifamily Development Firm of the Year.
The Cleveland-based development firm with apartment and condominium projects nationwide was lauded particularly for its ability to seek out and successfully complete highly complex developments on a massive scale, such as redeveloping the former Denver airport into a residential community.
AvalonBay Communities of Alexandria, Va., was honored as the Property Management Company of the Year.
ABOUT FREDDIE MAC: Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage passthrough securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters. For additional information about Freddie Mac, see the company’s web site: www.freddiemac.com.
From Inman News, April 2007.
Visit our website for Myrtle Beach Condos for Sale
Marketing by Myrtle Beach Web Design
The famous but deteriorating RCA building remade into trendy loft apartments; an artist colony for seniors, and Elvis Presley’s childhood apartment that was saved as part of the rehabilitation of an old public housing development were among this year’s innovative winners of the prestigious Pillars of the Industry Awards, bestowed by the National Association of Home Builders (NAHB).
NAHB’s Pillars of the Industry Awards honor excellence in apartment and condo design, development, marketing and management, and are considered the most prestigious national awards in the multifamily housing industry. NAHB recognized winners for excellence and superior leadership in more than 30 categories as part at its annual conference for apartment and condo developers, held last week in Hollywood, Fla.
“These award-winning projects are proof positive that multifamily housing in this country just keeps getting better and better, “ said Leonard Wood, managing partner of the Atlanta-based Wood Partners, LLC, and chairman of NAHB’s Multifamily Leadership Board.
“We saw tremendous innovation across so many categories—from luxury condos to student housing—but what is most impressive is what multifamily builders are doing to serve the needs of families with low- and moderate incomes, including military personnel.”
Wood noted that this year’s awards competition had the highest number of entries ever in the affordable housing categories, including four large-scale redevelopments of whole neighborhoods into mixed-income and mixed-use communities. Clark Realty Capital took top honors in the Best Neighborhood Revitalization category for its Monterey Bay (Calif.) Military Housing development.
The Multifamily Community of the Year Award, which is sponsored by Freddie Mac, went to the Chicago architectural firm Pappageorge/Haymes for its University Commons condominium community developed by The Enterprise Companies in downtown Chicago.
The site of a former fruit and vegetable warehouse, the condo project had won the top award in the Best Adaptive Reuse (from a non-residential product to a Condominium Community) category. NAHB named Forest City Residential the Freddie Mac Multifamily Development Firm of the Year.
The Cleveland-based development firm with apartment and condominium projects nationwide was lauded particularly for its ability to seek out and successfully complete highly complex developments on a massive scale, such as redeveloping the former Denver airport into a residential community.
AvalonBay Communities of Alexandria, Va., was honored as the Property Management Company of the Year.
ABOUT FREDDIE MAC: Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage passthrough securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters. For additional information about Freddie Mac, see the company’s web site: www.freddiemac.com.
From Inman News, April 2007.
Visit our website for Myrtle Beach Condos for Sale
Marketing by Myrtle Beach Web Design
Labels: apartments, lofts, myrtle beach condos, myrtle beach condos for sale, rentals, villas
posted by Myrtle Beach Condo Store at
4:59 PM
0 Comments:
Post a Comment
<< Home