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 Windsor Green at Andover Named Best Affordable Community By the Builders Association of Greater Boston
 

Boston – November 1, 2007 - Criterion Development Partners, L.P., a real estate operating company specializing in the development, construction management, asset management and disposition of multifamily communities, announced today that its Windsor Green at Andover development in Andover, Mass. won a Prestigious Results in Sales and Marketing (PRISM) Award for Best Affordable Community from the Builders Association of Greater Boston (BAGB) at the PRISM Awards Banquet and Ceremony on October 24, 2007.

The BAGB PRISM Awards pay tribute to New England’s most elite housing industry professionals for excellence in building, design, sales and marketing, and a myriad of other categories. Windsor Green was selected to receive the PRISM Award because of its distinctive design and exceptional quality.

"We are extremely proud of Windsor Green at Andover," said Andrew Kaye, executive vice president at Criterion. "Economic development in Massachusetts is a big priority, and this community's success demonstrates how a cooperative development process can result in the development of top quality professional housing while providing local affordability benefits."

Windsor Green at Andover is a 192-unit luxury garden apartment community located at Lowell Street and I-93. Andover is a historic, highly regarded community with top-rated schools. The community’s location offers convenient access to employment centers along Interstates 93, 95 and 495 as well as to downtown Boston via the MBTA Commuter Rail.

Residents at Windsor Green at Andover enjoy many luxury amenities including a full-service community center, swimming pool, spa, sports court and playground in addition to use of the Rolling Green Golf Course and the Boston Sports Club located next to the 15-acre site.

BAGB, a trade association affiliated with the National Association of Home Builders and Home Builders Association of Massachusetts, is an organization of housing professionals dedicated to improving the communities they work in, bettering the lives of the people they build for, and enhancing the success of their members.

About Criterion: Criterion Property Company (www.criteriondp.com) is a real estate operating company specializing in the development, construction management, asset management and disposition of multifamily communities. Dedicated to conducting all business with the utmost honesty and integrity, Criterion's mission is to enhance and maximize the value of its assets for partners, lenders, investors, and employees. With offices in Dallas and Boston, Criterion is actively seeking multifamily investment opportunities in the Northeast, Southeast and Texas.

Criterion Development Partners, through a partnership with The General Investment & Development Companies (http://generalinvestment.com) (GID), also operates Criterion Property Company, L.P. Criterion Development Partners contributes to the partnership's expertise in development, construction management, asset management and disposition of assets. GID, a privately held pension fund advisor based in Boston, serves as Criterion Property Company's primary investment and financial partner, with and on behalf of its pension fund clients.

Contact:
Leah Ekmark
C. Pharr & Company for Criterion
(972) 931-7576 Ext. 22 or Leah@PharrPR.com