VALUE COMPANIES TAKES HOME FOUR AWARDS AT NEW JERSEY APARTMENT ASSOCIATION ANNUAL CEREMONIES

CLIFTON, N.J. – It was an exciting and extremely gratifying night for Value Companies when the New Jersey Apartment Association presented its 17th annual Garden State Awards at the Hyatt Regency-New Brunswick on October 21st.

The Clifton, N.J. based developer, owner and manager of rental communities throughout New Jersey and beyond took home four awards for three properties during the annual gala which honors the state’s most exceptional residential apartment management companies and professionals.

Gateways at Randolph in Morris County received recognition for “Best Managed Property – More Than 200 Units” and “Best Curb Appeal,” Fox Hill Apartments in Passaic County’s Passaic was cited for “Best Managed Property – Less Than 200 units” and 140 Mayhill in Bergen County’s Saddle Brook was awarded “Best Managed Property – Mid/High-Rise.”

“These awards are a tribute to an exceptional staff of property managers, leasing agents, maintenance personnel and more who form the Value Companies team and are responsible for these exemplary efforts to serve our residents,” says Jon Moore, Vice President of Development for Value, which owns and manages a portfolio of 3,800 residential units in New Jersey, Pennsylvania, New York, Texas and Florida.

“To have prominent industry peers acknowledge Value Companies and our neighborhoods is certainly an honor and we look forward to continuing a high level of customer service and professionalism at every rental community throughout our portfolio.”

Value Companies, founded in 1952, is a leading real estate development, investment and management company headquarted in Clifton, N.J. Across its development division, Value Companies has embarked on $100 million in new apartment, condominium and mixed-use developments and investments in strategic suburban and urban locations throughout the country. Value’s development success is directly tied to its steadfast commitment and expertise in multifamily housing, and its ability to introduce new housing products that address consumer and community needs.

Value’s residential properties are built and managed by a highly-skilled, in-house management team of more than 80 industry professionals, which oversee all aspects of Value’s communities, including construction, leasing, maintenance, and property management. Value’s third-party management division, Value Asset Management,provides full-service management capabilities and customized asset solutions to third-party real estate investment and property owner clients.

For more information on Value Companies, please contact the company headquarters at 973-473-2800 or visit http://www.valuecompanies.com.