National Association of Home Builders Honors Clark Realty Capital
BETHESDA, Md., April 10 -- Clark Realty Capital's St.
James Apartments was recently honored by the National Association of Home
Builders (NAHB) with its nationally acclaimed Pillars of Industry Award for
"Best Luxury Rental Apartment Primary Market." The National Associations of
Home Builders presented this coveted "best of the best" award at its NAHB
conference recently held in Scottsdale, Arizona.
"The St. James is a great example of history meeting high-rise luxury,"
said Jerry Howard, CEO and Executive Vice President of the National
Association of Home Builders. "This winning property incorporated four
existing eighteenth century buildings into a residential skyscraper that
has changed its city's skyline."
According to Howard, Pillars Awards judges were particularly impressed
with what The St. James offers its residents -- including floor-to-ceiling
windows, private balconies with cityscape views, advanced communication
services, 24-hour concierge, doorman and valet services, a 60-foot
year-round pool, and a private connecting entrance to neighboring retail
and office spaces.
"We are extremely honored to have been selected," said Doug Sandor,
president of Clark Realty Capital. "This prestigious award represents the
culmination of years of hard work, innovation, and dedication by everyone
on our team. The city of Philadelphia deserves to have buildings like The
St. James that reflect the character and charm of this unique city."
The Pillars Awards, considered the most prestigious national awards in
the industry, honor excellence in apartment and condo design, development,
marketing, and management. Given by the NAHB and sponsored by Freddie Mac,
the Pillars Awards are looked to by the industry and media as a showcase of
future trends and innovation in multifamily housing.
About Clark Realty Capital
Clark Realty Capital is an award-winning, privately-held real estate
company actively investing in, developing, and financing major real estate
projects across the nation. Clark Realty Capital's developments include
mixed-use properties; high-rise and luxury garden-style apartment
communities; military family housing; and multi-phase land development. In
the past seven years alone, Clark Realty Capital has developed projects
worth more than $6 billion.
2005 accolades include top honors for innovative development and smart
growth design from the National Association of Home Builders, Multifamily
Executive Magazine, and the Congress of New Urbanism.
