Company Wins Total of Five Honors
ARLINGTON, Va., April 3 /PRNewswire/ -- Charles E. Smith Residential
Realty (NYSE: SRW) captured top honors as both Multifamily Property Management
Company of the Year and Development Firm of the Year in the recent "Pillars of
the Industry Awards" competition sponsored by the National Association of Home
Builders (NAHB). In addition, Smith Residential won honors in three other
categories: Best Property Web Site (2201wilson.com), Best Overall Sales and
Leasing Campaign (2201 Wilson Boulevard, Arlington, Va.), and Best Market Rate
Apartment Community Brochure (The Park Connecticut, Washington, D.C.). Smith
Residential is the only firm to win five awards the same year in the ten-year
history of this annual program. These awards recognize excellence in design,
construction, management, marketing, and finance.
"We're proud to be recognized with these distinguished industry awards,"
said Ernest Gerardi, Jr., President and CEO of Smith Residential. "Our
talented professionals have helped us earn a reputation for the highest
standards in the industry as we continue to focus on new ways to raise the bar
on product and service excellence. In addition to the other awards, we're
particularly pleased to win the Best Property Web Site award for the third
year in a row, as it reflects our commitment to using state-of-the-art
technology for both business enhancement and customer service."
Last year, Charles E. Smith Residential added 4,500 quality apartments to
its portfolio through the acquisition and development of nine properties in
four of the nation's leading urban markets: Metropolitan Washington, D.C.,
Chicago, Southeast Florida, and Boston. Today, the Company's portfolio
includes approximately 30,000 apartments.
Charles E. Smith Residential Realty, Inc. (NYSE: SRW) is a leader in
providing urban living solutions in selected American cities. The Company is a
self-managed real estate investment trust that develops, acquires, owns,
leases, and manages multifamily residential rental properties. The Company is
based in Arlington, Virginia, with operations in Washington, D.C., Northern
Va., Chicago, Boston, and Southeast Fla. The original Charles E. Smith Company
began operations in 1946 and Charles E. Smith Residential Realty, Inc. became
a public company in 1994. As of April 2001, the Company owns or has a material
interest in a portfolio of over 30,000 apartments. Total capitalization of the
Company, including its operating partnerships, exceeds $3 billion. The
Company's Web site address is http://www.smithreit.com.
For additional information on the National Association of Homebuilders,
please visit http://www.nahb.com.
SOURCE Charles E. Smith Residential Realty, Inc.
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Related links:
http://www.smithreit.com
http://www.charlesesmith.com http://www.nahb.com
CONTACT:
Investors: Greg Samay, 703-769-1029; or
Media: Susan Goyette, 703-769-6746; both of Charles E. Smith
Residential Realty, Inc.
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