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June 5, 2003 For More Information:
Joy Lutes 877.846.7760
Clark Realty Builders Ranked as Nation's Third Largest Multifamily Rental Builder


Clark Realty Builders Ranked as Nation's Third Largest Multifamily Rental Builder
BETHESDA, Md. — Clark Realty Builders (CRB) was recently ranked as the 2002 Third Largest Multifamily Rental Builder in the U.S. by Builder Magazine.

CRB has consistently ranked in the Top 10 for the last five years. In 2002, Clark Realty Builders started construction on 4,153 multifamily units.

Included in this total are a variety of apartment projects across the country, including: The Village at NTC and The Village at Serra Mesa in San Diego; Massachusetts Court Apartments in Washington, D.C.; Dulaney Crescent Apartments in Maryland; Park Place at Oyster Point Town Center in Virginia; and Phase II of Belmont Heights Estates in Florida.

More information about the Multifamily Builder rankings, which are published annually in the May issue of the magazine, can be found online at: www2.builderonline.com/builder_100/multifamily_chart.asp.

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About Clark Realty Builders

CRB is a national general contractor with 2002 revenues of approximately $300 million. Initially established to meet the increasing housing needs of the Washington, D.C., metropolitan area, CRB has become an award-winning builder of multifamily apartments, military housing, hotels and senior living facilities across the United States.