SOURCE: Trinity Properties

Trinity Properties

March 26, 2010 16:21 ET

Trinity Properties Wins Two Honors at Annual Real Estate Awards From San Francisco Business Times

Landmark New "Trinity Place" Cited as "Outstanding Affordable Residential Development" and "Best Community Impact in an Urban Area"

SAN FRANCISCO, CA--(Marketwire - March 26, 2010) -  It was like winning both the "Best Picture" and "Best Director" honors at the Annual Academy Awards. On Wednesday, March 24, Trinity Properties (www.trinitymanagement.com) of San Francisco took two top prizes at the annual Real Estate Awards, hosted by The San Francisco Business Times at the City's historic Palace Hotel.

The recently completed "Trinity Place" took honors for "Best Affordable Housing Project in San Francisco," an award introduced by Jim Gardner, Managing Editor, San Francisco Business Times and then a few minutes later was cited as "the Best Community Impact in an Urban Area."

"Trinity Place is the engine that will help pull San Francisco's mid-Market Street area out of the doldrums," said John Conover, President & CEO, Borel Bank & Trust, as he introduced Trinity's second award.  Conover's remarks also praised Trinity Place for its more than 300 rent-controlled tenants who have now moved into brand new state-of-the-art residences at no cost to themselves.

A man of few words, Angelo Sangiacomo -- introduced as "Trinity's Patriarch" -- accepted both awards with a simple "thank you." Now 85 years old, Sangiacomo -- a San Francisco native -- started Trinity over a half century ago. The new 440 unit "Trinity Place" is the first building in a landmark new development that will anchor the Southwest quardrant of San Francisco's Civic Center neigbhorhood. Designed by Bernardo Fort-Brescia of Miami's Arquitectonica, when completed, the entire "project will eventually provide housing to more than 2500 people and feature a mix of residential, retail and commercial offerings."

"Trinity Place has a genuine presence," enthused John King of the San Francisco Chronicle in its February 7, 2010 edition. "What Trinity Place has in its favor is both a developer and an architect willing to make a splash. The buildings exude pride and flair. Not just in public areas, such as the new building's light-filled lobby with its rear wall cloaked in shiny zebra-striped marble. Upstairs, the snug studios put every inch of their 436 square feet to use -- including the chest-high partition between the sitting and sleeping area, which is wide enough to hold a flat-screen television. As for Arquitectonica, it's a firm that aims for visual impact. (Trinity Place) is an experiment worth keeping an eye on."

Trinity Management Services is dedicated to helping people find the apartments they need in the neighborhood they want. Today, with several thousand units under management, they play an important role in San Francisco's robust housing market. Plus, Trinity Management Services is the preeminent provider of short term, executive housing in The City. Trinity Management Services, like the city of San Francisco, has wonderfully diverse offerings. In a market dominated by impersonal corporations and absentee landlords, Trinity tenants appreciate an attention to detail. From charming Victorian apartment houses with the original 1800s architectural details to luxurious high-rise towers with spectacular views, Trinity Management Services has captured the essence of San Francisco.

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