3Tree Flats Winner of Community Impact Award

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3Tree Flats apartments caps off a fast, 3 month lease up with the 2011 Community Impact Award for Washington, DC real estate. Managed by Equity Management, the community and the lease up are a testament to the need for subsidized housing in Northwest, DC.

Recently, the Washington, DC region’s commercial real estate community honored 3Tree Flats with the 2011 Community Impact Award.

3Tree Flats apartments, located in the District’s Petworth neighborhood, experienced a truly amazing lease up. The certificate of occupancy was received in February, 2011 and the 130 unit building was completely leased under the direction of Equity Management by May, 2011.

The building is comprised of 119 subsidized apartments and 11 market rate apartments. The swift pace of the lease up was a testament to the heavy demand for affordable housing in the Northwest, DC neighborhood.

Equity Management is a leading property management firm, specializing in affordable housing in the mid-Atlantic area with over 11,000 units under management in 8 states. Equity was founded in 2008 and is registered as the 43rd largest tax credit management organization in the United States. The firm has experienced rapid growth and has a wide range of management services to help investors meet their needs. Our goal is to create opportunity while managing with integrity. We maintain a strong culture of solid, professional management and long-term value creation.

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Marci Brand
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