January 10, 2011
Nation's Building News

The Official Online Newspaper of NAHB

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Multifamily Housing
Freeman Webb Company Earns Top Property Manager Honors in 2010 Pillars Awards


Bill Freeman, co-founder
The Freeman Webb Company


Jimmy Webb, co-founder
The Freeman Webb Company

The Freeman Webb Company of Nashville, Tenn., used strategic initiatives, multifamily industry partnerships and enhanced leasing procedures to garner the 2010 NAHB Pillars Property Management Company of the Year Award.

Freeman Webb manages 63 properties and 12, 000 units of market-rate and affordable rentals. The company has grown 25% during the last two years and increased occupancy to more that 90% in a number of its properties.

The company uses an innovative on-site software program to track and collect leasing data, which has improved management efficiency of all its properties.

In addition, Freeman Webb partnered with Grace Hill, an online multifamily education company, and other industry groups to provide more than 4,000 hours of training for its employees who, as a result, acquired dozens of certifications and additional expertise.

This effort factored into the Freeman Webb Company winning “Best Places to Work” honors in 2009, an award presented annually by the Nashville Business Journal.

“Property management starts with great properties, but doesn’t end there,” said Charles R. Brindell, Jr. Chair of NAHB’s Multifamily Leadership Board and CEO of Mill Creek Residential Trust LLC. “Freeman Webb’s commitment to nurturing employees’ skills through training and education helped the company show significant growth during difficult times.”

NAHB Multifamily's 2010 Pillars Awards recognized winners for excellence and superior leadership in 21 categories, including Multifamily Development Firm of the Year, won by the Michaels Development Company, based in Marlton, N.J.; and Community of the Year, won by The Heights at Park Lane in Dallas and developed by the PM Realty Group.

To see the virtual awards ceremony, complete with pictures and commentary, visit www.nahb.org/pillarsawards.

To view the full list of Pillars winners, click here.

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