BETHESDA, MD – Transwestern and research affiliate, Delta Associates, today presented the 2013 Awards for Excellence in the Mid-Atlantic Apartment and Condominium Industries at the Mayflower Renaissance Washington, D.C. Hotel.

This is the seventeenth year Delta has awarded the honors, which were created to spotlight those who had reached milestones in the industry. The awards are based on independent factors such as lease-up or sales pace for an apartment or condominium building in both the Washington, D.C. and Baltimore metro areas.

Greystar Real Estate Partners, a fully integrated company offering expertise in multifamily management, development and investment throughout the United States, was the sponsor of today’s events, along with Transwestern and Delta Associates.

Prior to the awards ceremony, Greg Leisch, Founder and CEO of Delta Associates, delivered a market overview and forecast presentation to more than 300 attendees. The market overview and awards presentation can both be downloaded at www.multifamilydc.com.

“Transwestern is honored to once again be part of Delta Associates’ Awards for Excellence in the Mid-Atlantic Apartment and Condominium Industries,” said Eric Mockler, president of Transwestern’s Mid-Atlantic region. “We appreciate Greystar’s sponsorship and support of the event. Delta Associates’ extraordinary insight into the multifamily industry makes them the thought leader in this product segment. It is great to have Greg Leisch and his team as part of the Transwestern family. This year’s awards recipients truly deserve the recognition associated with this event.”

Apartment and condominium communities from Washington, D.C., suburban Maryland, Virginia and Baltimore were recognized this year. The winners from each category included:

APARTMENT MARKET AWARDS
INNOVATIVE DESIGN
AVA H Street – Washington, DC
AvalonBay Communities Inc. * KTGY Group * STUDIO39 * Degen & Degen Architecture and Interior Design

BEST HIGH-RISE – MID-ATLANTIC
Sedona | Slate – Arlington, VA
The JBG Companies

BEST GARDEN APARTMENT – VIRGINIA
Station Square at Cosner’s Corner – Fredericksburg, VA
Johnson Development Associates Inc. * Davis Architects * Mid-America Apartment Communities Inc.

BEST MID-RISE APARTMENT – MID-ATLANTIC
Domain College Park – College Park, MD
The Hanover Company * UDR * Lessard Design Inc.

BEST GARDEN APARTMENT – MARYLAND
Harmony Place Apartments – Bowie, MD
Questar Properties Inc.

BEST RENOVATION – MID-ATLANTIC
The Warwick – Silver Spring, MD
Greystar

BEST ADAPTIVE REUSE
Mill No. 1 – Baltimore, MD
Terra Nova Ventures LLC * Alexander Design Studio * Kinsley Construction

BEST BALTIMORE APARTMENT
Union Wharf – Baltimore, MD
The Bozzuto Group

BEST LEASE-UP PACE FOR A DISTRICT OF COLUMBIA APARTMENT COMMUNITY
District – Washington, DC
J.P. Morgan Asset Management * The Bozzuto Group

BEST LEASE-UP PACE FOR A SUBURBAN MARYLAND APARTMENT COMMUNITY
The Palisades at Arundel Preserve – Hanover, MD
Southern Management

BEST LEASE-UP PACE FOR A NORTHERN VIRGINIA APARTMENT COMMUNITY
Sedona – Arlington, VA
The JBG Companies

BEST LEASE-UP PACE FOR A BALTIMORE APARTMENT COMMUNITY
Hanover Brewers Hill – Baltimore, MD
The Hanover Company * Sarofirm Realty Advisors * Design Collective Inc.

CONDOMINIUM AWARD WINNERS
BEST MID-ATLANTIC ADAPTIVE REUSE CONDOMINIUM COMMUNITY
Northern Exchange – Washington, DC
PN Hoffman

BEST MID-ATLANTIC CONDOMINIUM CONVERSION
The Marvin – Washington, DC
Adams Investment Group LLC * McWilliams | Ballard * Hickok Cole Architects

BEST MID-ATLANTIC BOUTIQUE CONDOMINIUM
The Schafer – Washington, DC
Community Three Development LLC * Urban Pace

BEST MID-ATLANTIC NEIGHBORHOOD IMPACT CONDOMINIUM
Old Town Commons – Alexandria, VA
EYA * Alexandria Redevelopment and Housing Authority * City of Alexandria * The JBG Companies * Boston Capital

HIGHEST SALES PACE FOR A MID-ATLANTIC CONDOMINIUM COMMUNITY
The Residences at CityCenter – Washington, DC
Hines * Mayhood Company

HIGHEST AVERAGE PRICE PER SQUARE FOOT FOR A MID-ATLANTIC
CONDOMINIUM COMMUNITY
The Darcy – Bethesda, MD
PN Hoffman * StonebridgeCarras, LLC

ABOUT GREYSTAR REAL ESTATE PARTNERS
Greystar Real Estate Partners is a fully integrated multifamily company offering expertise in investment management, development, and property management throughout the United States and abroad. Headquartered in Charleston, SC, Greystar is the largest operator of apartments in the United States, managing approximately 215,000 units in over 100 markets. In addition to its Property Operations business, Greystar has a robust Investment Management platform with 45,000 apartment units valued at $5.5 billion and a Development platform that was recently named the largest builder of apartments in 2012 with 5,360 units started. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class services in the multifamily real estate business. To learn more about Greystar, visit www.greystar.com.

ABOUT DELTA ASSOCIATES
Delta Associates is the leading provider of commercial real estate advisory services in the Mid Atlantic. For 33 years the firm has provided consulting and subscription data services to the region’s leading developers, lenders and commercial real estate service providers. To learn more about Delta Associates, please visit: www.DeltaAssociates.Com

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern.

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