Over the past year, the multifamily industry has faced its share of uncertainty with the lingering effects of the pandemic, supply chain and labor challenges, and economic uncertainty. However, the industry continues to be resilient, putting its residents at the forefront. The 2022 Multifamily Executive Awards showcase these efforts by highlighting the industry’s leaders, innovative projects, and inspiring programs.
This year, three industry executives will be recognized in the September issue of the magazine as well as at the annual MFE Conference, which will take place Sept. 28 to 30 at the Bellagio in Las Vegas.
Founder, chairman, and CEO of Avanath Capital Management, Daryl Carter is the newest inductee to the MFE Hall of Fame. With nearly four decades of commercial real estate industry experience, Carter directs the overall strategies and operations of the California-based investment firm that acquires, renovates, and operates affordable and workforce multifamily communities. Since its launch in 2008, Avanath has acquired $2.5 billion of properties comprising 10,000 apartment units.
Prior to Avanath, Carter was an executive managing director of Centerline Capital Group. He joined Centerline when Capri Capital Finance, which he co-founded, was acquired by the firm in 2005.
The MFE Hall of Fame was launched in 2017. Carter joins former Hall of Fame inductees Bob DeWitt, GID; Rick Campo, Camden Property Trust; Doug Bibby, National Multifamily Housing Council (NMHC); Tom Bozzuto, The Bozzuto Group; and Jonathan Rose, Jonathan Rose Cos.
This year’s Executive of the Year is David Schwartz, CEO and chairman of Waterton. Under his leadership, Chicago-based Waterton has grown from $7.2 billion in real estate assets under management as of the end of 2020 to $9.1 billion in real estate assets one year later. In February 2021, the firm closed its value-add comingled fund at its hard cap of $1.5 billion of equity commitments from a diverse group of global institutional investors. Through 2021, the firm expanded its footprint in Boston, Dallas, Los Angeles, Las Vegas, and San Francisco and closed the year with the acquisition of 1,100 units across two assets in Chicago. In addition, the 35-year industry veteran also is immediate past chair of NMHC, representing the industry trade group and its members throughout the pandemic.
Mariana Robina, senior vice president of investments and finance at Eagle Property Capital, is MFE’s 2022 Rising Star. Robina, who was the first employee at the vertically integrated real estate investment manager focused on the value-add multifamily space, has moved through the ranks since she started in 2013 and is part of the executive leadership team. Her responsibilities include acquisitions, due diligence, portfolio management, structuring, accounting/financial control, and investor relations for the firm. She also is the co-founder of Eagle Property Capital’s property management firm, Vidalta, which she helped establish in 2015 and today has more than 5,000 units under management.
Out of nearly 250 nominations, the jurors–Benjamin Kasdan, KTGY; Sandi Silk, Jefferson Apartment Group; and Karen Smith, BH Management Services—also have selected 34 project and program finalists in 13 categories. The grand winners in each category as well as MFE’s overall community of the year also will be recognized at the awards ceremony at the annual conference and in the October issue of the magazine.
Here are this year’s finalists.
Aspire Post Oak
Developer: The Dinerstein Cos.; Architect and Interior Designer: Gensler; Builder: Ludlow
Developer: MRP Realty; Architect: SK+I Architecture; Builder: Paradigm
Developer: CIM Group; Architect and Interior Designer: Solomon Cordwell Buenz; Builder: Suffolk Construction
Developer: Sound West Group; Architect: Balance Architects; Builder: Cascade Built; Interior Designer: A3 Associates
The Point at Reston
Developer: Woodfield Development; Owner: Panco Management; Architect: KTGY; Builder: CBG Building Co.; Interior Designer: Shelton Taylor
Developer: Dobbins Group; Architect: Williams Blackstock Architects; Builder: Capstone Realty
Hoover + Greene
Ann Arbor, Michigan
Developer: REDICO; Architect: Myefski Architects; Builder: Cunningham-Limp
Developer: Henbart; Architect and Interior Designer: Graphite Design Group; Builder: WG Clark
The Schoolhouse District
Developer: MainStreet Property Group; Architect and Interior Designer: GGLO; Builder: GenCap Construction Corp.
Arabella at Belle City Square
Developer: J. Jeffers & Co.; Architect: AG Architecture; Builder: CG Schmidt
Developer: Newbury Living; Architect and Interior Designer: ASK Studio; Builder: Build To Suit
Park + Ford
Developers: Lowe and USAA; Architect: Bonstra | Haresign ARCHITECTS; Builder: Whiting-Turner
Developer: Homes for Good; Architect: MWA Architects; Builder: Essex General Construction
La Fénix at 1950
Developers: BRIDGE Housing and Mission Housing Development Corp.; Architects: David Baker Architects and Cervantes Design Architects; Builder: Swinerton Builders
Leigh Avenue Senior Apartments
San Jose, California
Developer: First Community Housing; Architect and Interior Designer: Architects FORA; Builder: L&D Construction Co.
Broadway Cove and 735 Davis
Developers: BRIDGE Housing and The John Stewart Co.; Architect: Leddy Maytum Stacy Architects; Builder: Cahill Contractors
Salt Lake City
Developer: The Domain Cos.; Architects: KTGY, Eskew Dumez + Ripple, and Bell Butler; Builder: Wadman Corp.
Oak Tree Village
Developer and Builder: Dakota Partners; Architect: Kaplan Thompson
Developer: Silverstone Senior Living; Architect: Perkins Eastman; Builder: John Moriarty and Associates of Virginia; Interior Designer: Thoma-Holec Design
Revel Palm Desert
Palm Desert, California
Developer: The Wolff Co.; Architect: AO; Builder: Katerra Construction; Interior Designer: Private Label International
Developer and Builder: Toll Brothers; Architect and Interior Designer: Mary Cook Associates
The Grad San Jose
San Jose, California
Developers: AMCAL, Swenson, and Coleraine; Architect and Builder: Swenson; Interior Designer: Hibner Design Group
Developers: Broad Street Realty, Bridger Corp., and Lamont Street Partners; Architect: Bonstra | Haresign ARCHITECTS; Builder: Hourigan Group
Developer and Builder: AvalonBay Communities: Architect and Interior Designer: Arrowstreet
Lake Oswego, Oregon
Developer: Trammell Crow; Architect: SERA Architects; Builder: Deacon Construction; Interior Designer: CID Design Group
Developer: NTS Development Co.; Architect: Niles Bolton Associates; Builder: Calhoun Construction; Interior Designer: Faulkner Design Group
Best Unit Design:
HHMI Janelia Research Campus Apartments
Developers: Potomac Development Group and Howard Hughes Medical Institute; Architect: WDG Architecture; Builder: Whiting-Turner Contracting Co.; Interior Designer: WDG Interior Architecture
Redwood City, California
Developers: Greystar and PGIM; Architect: Studio T Square; Builder: Greystar; Interior Designer: Lawrence Lake
Marketing & Advertising:
Aspire Post Oak Grand Opening Campaign
Merideth Bunting, The Dinerstein Cos.
Lantower’s Ultimate Summer Block Party
Park + Ford
Hickok Cole Creative
American Landmark’s Artists in Residence Program
American Landmark Apartments
Bella Initiative of Grace (BiG) Fund
Bella Investment Group