Home Builders launch search to find Pillars of the Industry

Real Estate Weekly, August 10, 2005

Apartment owners and developers, property managers, architects, interior designers, and others involved in the multifamily housing industry are invited to enter the 2005 Pillars of the Industry Awards competition, sponsored by the National Association of Home Builders.

The Pillars of the Industry Awards, the most coveted in the industry, honor excellence in apartment and condominium design and development, as well as leadership in marketing and property management. Now in its 15th year, the Pillars of the Industry Awards program is the largest and most prestigious of its kind, and both housing professionals and the media look to the Pillars Awards as a showcase of future trends and innovation.

"The Pillars Awards represent the perfect opportunity for NAHB to promote the benefits of apartment living and for multifamily professionals to be recognized for their commitment to providing superior housing choices, both rental and for sale, for today's consumer," said Ron Terwilliger, chairman of NAHB's Multifamily Leadership Board and CEO of Trammell Crow Residential.

The Pillars of the Industry Awards recognize superior achievement in three areas: building, marketing and individual excellence, including "Multifamily Development Firm of the Year" and "Best Multifamily Community of the Year."

Many of the Pillars Awards categories honor excellence among rental communities, but in the last three years, more categories have been added to recognize condominium properties--a growing and popular segment of the multifamily market.

Award recipients will be honored at a gala ceremony during NAHB Multifamily's Pillars of the Industry Conference, to be held at the Hyatt Regency at Gainey Ranch in Scottsdale, Ariz., April 2-5, 2006. The conference is the premier educational and networking event for multifamily developers, owners, managers, and lenders. More than 500 industry professionals are expected to attend the Gala.

The deadline to apply is November 1, 2005. Complete details, including eligibility requirements and application forms, are available at www.nahb.org/pillars.