Gables Residential Named Multifamily Builder of the Year by the Florida Green Building Coalition

Gables Residential is a vertically integrated operating company wholly owned by Clarion Partners, LLC, a Legg Mason company.
Jul 27, 2018 11:30 AM ET
Press Release

July 27, 2018 /3BL Media/ - Gables Residential continues to develop sustainable buildings often recognized by multiple levels of green certifications.  Most recently, Gables was awarded Multifamily Builder of the Year in the state of Florida by the Florida Green Building Coalition (FGBC). Gables was not only recognized for achieving the highest of recognitions, but also for its dedication to promoting a positive environmental, social and economic impact across the country. 

Points are awarded by FGBC for each of the individual green certifying levels - bronze, silver, gold and platinum. Numerical points are given for selecting and integrating individual environmentally friendly green products, best practices and sustainable techniques from a menu of available green options.

John Akin, Chief Investment Officer, shares, “Gables continues to innovate as we build projects across the country.  We have a dedicated team that focuses on researching and sourcing green opportunities that best impact how and what we build, creating long term value for our investors, residents and the community-at-large.”

About Gables Residential
Gables Residential is an award-winning, vertically integrated, real estate company and privately held REIT specializing in the development, construction, ownership, acquisition, financing and management of multifamily and mixed-use communities. Gables Residential owns, develops and manages communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Dallas, Denver, Houston, South Florida, Southern California and metropolitan Washington, D.C.  Gables also provides third party management services in the New York, Baltimore, Frederick, Tampa, Phoenix, Seattle, Charlotte, Central and North Florida markets. 

Gables manages over 30,000 apartment homes and approximately 430,000 square feet of retail space and has received national recognition for excellence in development, construction, management, sales, marketing, learning and development, benefits and corporate accommodations. These achievements reflect the impact of our experienced and dedicated team members, our superior knowledge of the markets served, and our expertise in development and management.

Gables Residential is a vertically integrated operating company wholly owned by Clarion Partners, LLC, a Legg Mason company.  

About Clarion Partners
Clarion Partners, LLC, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 36 years. Headquartered in New York, the firm maintains offices in key markets throughout the United States and in London, England.  With more than $45.6 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 300 domestic and international institutional investors. More information about the firm is available at www.clarionpartners.com.

About Legg Mason
Guided by a mission of Investing to Improve Lives,TM  Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments.  Legg Mason’s assets under management are $745 billion as of June 30, 2018.  To learn more, visit our web site, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.

©2018 Legg Mason Investor Services, LLC, member FINRA, SIPC. Legg Mason Investor Services, LLC is a subsidiary of Legg Mason, Inc.

All investments involve risk, including loss of principal.

All investing involves risk. Any information, statement or opinion set forth herein is general in nature, is not directed to or based on the financial situation or needs of any particular investor, and does not constitute, and should not be construed as, investment advice, forecast of future events, a guarantee of future results, or a recommendation with respect to any particular security or investment strategy or type of retirement account. Investors seeking financial advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional.

PRESS CONTACT: 
Gigi Giannoni
404-923-5569