WASHINGTON, Nov. 6 – (RealEstateRama) — Roof deck pools and lounges, stunning views, a focus on health and fitness and a friendly welcome for pets are some of the features that millennials and 55+ downsizers are looking for in a multifamily community. The National Association of Home Builders’ (NAHB) 2018 Multifamily Pillars of the Industry Awards judging is complete, and the panel of 12 industry experts narrowed down the entries to 74 finalists.
The industry judges saw condos beginning to make a comeback and while beachfront living is still a big plus, they noted that the experiences and attractions of city centers also attract both younger and older renters.
“The Pillars Awards finalists reflect inspired and forward-thinking approaches to the multifamily housing market,” said Steve Lawson, chairman of NAHB’s Multifamily Council and president of The Lawson Companies in Virginia Beach, Va. “The other judges and I were truly wowed—the finalists are a great example of what the multifamily market can strive to be.”
The finalists also ran the gamut in size—from 4-unit quadraplexes to a 690-unit South Florida condo. Architects and interior designers embraced clean lines and moved closer to modern décor in model units, and the art on the walls is increasingly likely to be the work of local artists.
To view the complete list of finalists and their photo galleries, visit nahb.org/pillars. Winners in each category will be announced on Feb. 19 during the NAHB’s International Builders’ Show in Las Vegas.
Members of the press who are attending IBS are invited to attend the awards presentation. For more information, visit buildersshow.com/pillarsawards.