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Hudson Companies Wins Property of the Year Award
HERMITAGE, Pa. -- A luxury apartment community in Austin, Texas, owned by Hudson Companies, based here, has won the Austin Apartment Association’s Property of the Year Award, for being one of the best properties in the Austin market.
Hudson Companies acquired the 43-acre development in 2006. It is a resort-styled community with luxurious amentities and a first-class location that overlooks Barton Creek Country Club. Hudson Compaies has steadily improved the residents’ exerpience and facility operations since the acquisition. In just the past year, initiatives included resident outreach programs such as appreciation programs, breakfast on-the-go, free fitness classes and a “pet perks” program that includes a new pet park.
“We believe in giving the residents of our properties comforts and conviences that creates in them a sense of pride, ownership, and loyalty to the community,” said John Hudson, managing partner of Hudson Companies. “And we believe that effort helps maintain a steady 96% occupancy.”
The effort caught the attention of the Austin Apartment Association, which named Hudson Miramont as one of three finalists for its “Jewels of the Industry” Property of the Year Award, and then awarded Hudson the “Emerald Award” for best property in the 50-299 occupancy division. Properties were evaluated in three categories: staff and staff designations, physical/visual inspection and a blind shop of the property. Judges for the staff and physical inspection categories were all members of the Austin Apartment Association. The blind shop was performed by an independent entity.
John Hudson attributes the property’s success to hands-on management and a strong working relationship with on-site property managers, Riverstone Residential.
“It’s a team effort, including our residents, to make Hudson Miramont the best living destination in Austin,” Hudson added, “and we are honored to be recognized through this awards program.”
Hudson Companies is multi-tiered operation specializing in real estate acquisition, development and general contracting. John M. Hudson established the company in 1978, and was later joined in operations by fellow partners Mark J. Voytik, Eric J. Hunter, and Susan D. Hunter.
Published by The Business Journal, Youngstown, Ohio.