Campus Apartments CEO David Adelman was named the 2009 Executive of the Year by Multifamily Executive magazine this week at the annual MFE Awards ceremony in Las Vegas. Among the day’s other big winners was New York-based Domain Cos., which took home a total of six awards, including the Editors’ Choice Award for The Preserve, a mixed-income redevelopment of a ravaged industrial food site in New Orleans that has redefined the Big Easy’s once-derelict Tulane Avenue Corridor.
A total of 42 awards were handed out across 16 categories at the awards luncheon. The winners were selected from more than 200 entries during a day-long judging process in Washington, D.C., earlier this year.
“In a truly tough economy, this year’s winners not only showcase the talent and creativity of the multifamily industry but also the business acumen required to build projects capable of revitalizing communities,” says Rachel Azoff, managing editor of Multifamily Executive magazine. “We were truly impressed and humbled by the scope of the work, the designs, and the overall developments this year.”
Executive of the Year David Adelman was honored for his aggressive growth strategy and proven success in the student housing sector. Since taking the helm of Philadelphia-based Campus Apartments at the age of 25, Adelman has grown the company to its current perch as the largest privately held student housing company in the country, with more than $1 billion in assets under management, totaling nearly 21,000 beds across 17 states.
A profile of David Adelman can be found in the October issue of Multifamily Executive. All of the winning projects will be featured in the November issue as well as online at MultifamilyExecutive.com.