The Alexander Company: Madison developer The Alexander Company honored for historic rehabilitation of National Park Seminary in Washington, DC

Contact: Eric Nelson

The Alexander Company ®

145 East Badger Road, Ste. 200

Madison, WI 53713

PH: 608.268.8124

Fax: 608.258.5599

E-mail: ejn@alexandercompany.com

Web: http://www.alexandercompany.com

Developer Named Recipient of 2010 Charles L. Edson Tax Credit Excellence Award Among Others

Madison, WI – Madison developer The Alexander Company has been honored with numerous national awards for its redevelopment of National Park Seminary (NPS), a historic preservation and adaptive reuse housing project in Silver Spring, Maryland.

“The Alexander Company is honored to be recognized nationally for the National Park Seminary project,” said Joseph M. Alexander, President, Alexander Company. “NPS is a historic gem, and we are thrilled to play a key role in restoring it to its original brilliance and re-establishing it as a unique part of our nation’s history.”

Charles L. Edson Tax Credit Award

The Affordable Housing Tax Credit Coalition has recognized the Alexander Company’s NPS project, as it was honored the top prize for the 16th Annual Charles L. Edson Tax Credit Excellence Awards in Metropolitan/Urban Housing. Presented to the most outstanding Low Income Housing Tax Credit (Housing Credit) properties in six categories, this national awards program celebrates the best in affordable rental housing development.

Washington Business Journal Community Impact Award

The Washington Business Journal has awarded the Alexander Company’ NPS as the top recipient for Community Impact as part of its Best Real Estate Deals of 2009. Voted on by professionals in the real estate development and finance industries, the award was given to the project that best exemplified community impact. Timothy J. Anderson Historic Rehabilitation Award

The Alexander Company has also been named a finalist for the 2010 Timothy J. Anderson Award for Excellence in Historic Rehabilitation for NPS. The “Timmy Awards” were created to honor outstanding real estate projects that involve rehabilitation of older, historic buildings using the federal historic rehabilitation tax credit. Scoring is based on overall design and quality, interpretation and respect of historic elements, innovative approach to construction and use of building materials, impact on the community, and financial and market success of the project.

National Park Seminary

Originally constructed as a resort for Washington’s elite, National Park Seminary served as a girl’s finishing school in the early 20th century before serving as a home to wounded veterans following World War II and Vietnam. Its unique setting, highlighted by an English Castle, Italian Villa, Japanese Pagoda and Dutch windmill set on a serene glen just minutes from the White House, create a magical backdrop for the re-development of spectacular condominiums, apartments, and town homes at the Historic Homes at National Park Seminary

The Alexander Company

Nationally recognized for achievements in urban development and historic preservation in the last 25 years, The Alexander Company (TAC) has undertaken the development, finance, design, restoration, construction and management of over 250 projects, new and historic. Specializing in urban infill, new construction, brownfield revitalization, and historic preservation, TAC projects give new life to historically significant buildings and urban neighborhoods.

For more information, visit: http://www.alexandercompany.com or call: 608.258.5580.