Lexington, Ky.–The Lex apartment community, a Buckingham Cos. property was recently selected to receive the 2010 PARAGON Award for the Specialty – Student Housing Category. Awarded by the National Apartment Association (NAA), the Paragon Award celebrates builders, industry professionals and affiliated apartment associations that make unique contributions to the industry, recognizing excellence and leadership in rental housing.
The Lex will receive the award during the 2010 NAA Education Conference & Exposition to be held from June 24-26 in New Orleans. As an award winner, The Lex is automatically considered for the Apartment Community of the Year Award.
“On behalf of the NAA, I would like to congratulate The Lex,” says NAA Chairman of the Board Marc J. Rosenwasser. “As a Paragon award winner, you serve as a model of excellence in the multifamily industry for your fellow communities and peers.”
One of Lexington’s newest luxury student apartment communities, the Lex is located at 521 South Broadway and is owned and operated by Buckingham Cos. of Indianapolis. The Lex received the award based on demonstrated service to residents and the community; floor layouts; interior and exterior structure; customer service; property maintenance; environmental awareness; occupancy rate/retention and financial performance against the market area.
“For The Lex and Buckingham Cos., the Paragon award represents a milestone in professional achievement,” says Brad Chambers, president and CEO of Buckingham. “We’re extremely proud to be recognized as a national leader in student housing and commend the dedicated staff at The Lex for representing the very best in the industry.”