Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts dropped 2.4 percent to a seasonally adjusted annual rate of 643,000 units. More.
NAHB Seeks to Honor the Nation’s Best Apartments and Condos
Online Application Process Now Open for 2014 Pillars of the Industry Awards Competition
April 8, 2014 - The National Association of Home Builders (NAHB) opened its call for entries for the 2014 NAHB Pillars of the Industry Awards competition. Multifamily owners and developers, property managers, architects, interior designers and multifamily industry professionals are invited to enter the competition.
The awards highlight excellence in apartment and condominium design and development, innovative financing strategies and superior property management and marketing. Since its inception in 1990, the Pillars Awards program has earned its reputation as the most prestigious awards program of its kind.
“Today’s apartments and condos represent the cutting edge of design and functionality,” said W. Dean Henry, CEO of Legacy Partners Residential in Foster City, Calif., and chairman of NAHB’s Multifamily Leadership Board. “As our population continues to concentrate in the urban centers, apartments and condos have stepped up their game, and we’ll see that in the submissions for the 2014 competition.”
All applications must be submitted online by June 23 at nahb.org/pillarsawards. Complete details, including eligibility requirements, categories and deadlines, are also available at that website. Both NAHB members and non-members are eligible to enter.
For more information, call NAHB’s Multifamily Council at 800-368-5242 x8130.