Quantum Wins Big at 2016 PMA PACE Awards

The Property Management Association honored the region’s most outstanding apartment communities at the clipboard01annual PMA Apartment Community Excellence Awards (PACE) celebration, held October 20, 2016, at the Sheraton Tysons Hotel in Tysons, VA.

According to PMA Executive Vice President Thomas B. Cohn, “PACE recognizes exceptional apartments and identifies communities that are passionate about providing exceptional resident services and delivering unparalleled living experiences. PACE not only celebrates excellence in the management of apartment communities, it also fills a void. PACE is the only awards program in the national capital region that evaluates apartment communities on their operating efficiencies and ability to deliver world-class customer service. Unlike many apartment award programs in other parts of the nation, PACE is not a beauty contest or a program to honor as many communities as possible. Instead, PACE looks to recognize truly extraordinary properties that are the best of the best.”

 

 

Evergreen House (Annandale, VA)
Winner: Affordable Virginia over $1,000

Cedar Ridge Apartments (Reston, VA)
Distinguished Winner: Affordable Virginia over $1,000

Marywood Apartments (Manassas, VA)
Winner: Senior VA under $1,000

Lockwood House (Arlington, VA)
Judge’s Choice: Senior VA over $1,000

Elmwood House (Arlington, VA)
Judge’s Choice: Senior VA under $1,000

Morris Glen Apartments (Alexandria, VA)
Distinguished Winner: Senior VA under $1,000

Herndon Harbor House (Herndon, VA)
Distinguished Winner: Senior VA under $1,000

Winger House Apartments (Ashburn, VA)
Distinguished Winner: Senior VA over $1,000

Emerson House (Bladensburg, MD)
Distinguished Winner: Senior MD over $1,000

Covenant Village Apartments (Germantown, MD)
Distinguished Winner: Senior MD $1,001 to $1,200

The PACE Awards competition was open to all national capital area apartment communities. In 2016, more than 215 communities, serving as home to nearly 90,000 area residents, competed for PACE honors. Judges were experienced professionals with a combined 290 years of property management experience.

The Property Management Association established both categories and criteria for PACE Award winners to help assure apples-to-apples comparisons. Categories were based on average monthly rent of participants. In addition, the judges were given the latitude to present special Judge’s Choice awards that could focus on technology integration, environmental sustainability (green) and recognizing excellence in management and resident service.

PACE also established a weighted point evaluation system that factored in resident services, amenities, community and marketing outreach, resident retention programs, operating efficiencies and community appearance. A minimum score of 95 out of 100 was required to even be considered for an award. Awards were presented to lease-ups, market rate, government-program housing (communities that receive favorable tax considerations for below market rate rents and/or communities where residents receive government assistance to help pay rent) and 55+ senior communities.