THE HEIGHTS AT PARK LANE WINS TRIFECTA OF NATIONAL MULTIFAMILY HOUSING INDUSTRY AWARDS

DALLAS, TEXAS - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that The National Association of Home Builders [NAHB] recognized The Heights at Park Lane among the top trend-setters in the multifamily housing industry, as part of its annual Pillars of the Industry Awards program promoting excellence in apartment design, development, management, and marketing. The Heights at Park Lane was recognized in three award winning categories including Best High Rise Apartment (9 stories), Best Mixed-Use Development and Project of the Year.

In choosing The Heights at Park Lane, an expert panel of judges took into consideration a wide range of criteria in which PMRG's multifamily development stood out, such as originality; innovative elements; planning achievements; design quality; quality of construction; retail mix; integration of complementary uses; adaptation and integration into the surrounding area and respect for the environment; as well as what the project contributed to the multi-family apartment industry at large. Winners were selected for superior achievement in 27 categories. Hundreds of entries-representing apartment and condo communities from across the country-vied for this year's awards, which are considered among the most prestigious in the housing industry.

"Creativity in design and a clear understanding of the entrants' local markets characterized this year's entries," said Charles R. Brindell, Jr., CEO of Mill Creek Residential Trust, LLC, and chair of NAHB's Multifamily Leadership Board. "The results are outstanding apartments and condos that their residents will take pride in for years to come."

"The Heights at Park Lane is more than just a luxury mixed-use community," said Bryant Nail, Senior Development Officer with PMRG. "Defining the city's newest luxury living destination, Midtown, with sweeping views, spacious floor plans, luxurious amenities, and overall convenience to NorthPark, as well as all of Dallas' hotspots, The Heights at Park Lane is unmatched. This award is confirmation that others see the development as we do."

This year's winners are showcased virtually with NAHB Multifamily's new venue for the Pillars Awards - the Internet. An interactive presentation at this link - www.nahb.org/pillarsawards features The Heights at Park Lane and other innovative multifamily communities to viewers all over the country.

About PMRG

PMRG merged operations with Madison Marquette in June 2018 to create a new leader in commercial real estate. The firm offers PMRG’s leasing, property management, investment management and development services, combined with Madison Marquette’s specialized development, investment and marketing expertise. Madison Marquette’s strength in retail and mixed-use assets joins PMRG’s office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG’s dominance in the southern US combines with Madison Marquette’s presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry. The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.