Great Year for Quantum at 2018 PACE Awards

 

The Property Management Association recognized the best communities in the industry at the 8th Annual Apartment Community Excellence(PACE) Awards Ceremony, held October 18, 2018, at the Bethesda North Marriott Hotel. 

Ten Quantum-managed properties received awards, continuing Quantum’s dedication to excellence through professionally managing properties with expertise, knowledge, and passion, making our properties physically and fiscally secure, and enriching the lives of our residents.

Cedar Ridge Apartments (Reston, VA)
Affordable Winner

Evergreen House (Annandale, VA)
Senior Winner

Morris Glen Apartments (Alexandria, VA)
Senior Winner

Lockwood House (Arlington, VA)
Judge’s Choice Senior Winner

Covenant Village Apartments (Germantown, MD)
Judge’s Choice Senior Winner

Mrs. Philippines Home for Senior Citizens (Oxon Hill, MD)
Judge’s Choice Senior Winner

The Apartments at North Point (Reston, VA)
Distinguished Community Affordable

Elmwood House (Arlington, VA)
Distinguished Community Senior

Herndon Harbor House I & II (Herndon, VA)
Distinguished Community Senior

Emerson House (Bladensburg, MD)
Distinguished Community Senior

 

The Property Management Association’s Apartment Community Excellence Awards recognize excellence in the management of multifamily residential properties.

PMA established criteria that only honor truly exceptional properties. Esteemed property management professionals serve as judges. They have the knowledge and experience to look past veneers to truly evaluate a property’s ability to deliver superior living experiences. The criteria judges use to evaluate communities include, but not limited to, the following:

  • Landscaping/Grounds/Curb Appeal
  • Reception Area/Leasing Center
  • Building Interior; Building Health and Safety
  • Common Areas and Amenities
  • Resident Services
  • Resident Events and Activities
  • Marketing Outreach
  • Community Service and
  • Resident Retention

Awards are given in four categories to help assure apples-to-apples comparisons. The award categories are

  • Market rate
  • Lease-up (properties less than a year old)
  • Affordable (tax credit/government assisted)
  • Senior (55+ communities that are 75% senior, including those that are affordable)

Within the four categories, properties compete against those with comparable rents in the same state.

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