Staying true to its mission to contribute to the government’s agenda in addressing the country’s housing backlog, P.A. Alvarez Properties and Development Corporation (P.A. Properties) bagged two awards from the Home Development Mutual Fund (Pag-IBIG).
Last May 12, 2023, P.A. Properties was recognized by Pag-IBIG as Northern Luzon’s Top 8 Pag-IBIG Fund Accredited Developer for 2022, as well as the Highest Performing Loans Ratio among Pag-IBIG Fund Accredited Developers in North Luzon.
The awards were personally received by P.A. Properties’ President and CEO Atty. Marianne Reyna Lina-Cruz together with P.A. Properties’ VP for Documentation and Collection Ms. Evelyn Buco at Pag-IBIG Fund Stakeholder’s Accomplishment Report (StAR) for 2022.
The company had previously been recognized by Pag-IBIG as one of their top developers at the 2022 Pag-IBIG Fund Stakeholders’ Accomplishment Report (StAR), ranking 7th in the National Capital Region and 8th in Northern Luzon from Q1-Q3. They also ranked 9th for Pag-IBIG Fund’s Accredited Developer Excellence Award for 2022 last March 24, 2023 during the Pag-IBIG Chairman’s Report for 2022.
P.A. Properties is one of the rapidly expanding real estate developers in the country. The company has successfully completed the development of more than 180 hectares of land and constructed over 20,000 housing and condominium units across 40 communities located in Laguna, Batangas, Cavite, Bulacan, Pampanga, and Metro Manila.
In 2017, the company signed a partnership with Japanese property developer Hankyu Hanshin Properties Corporation (HHPC). The said partnership established PA-Hankyu Hanshin, which has since undertaken the development of Idesia township projects in Dasmariñas, Cavite; Lipa, Batangas; and Cabuyao, Laguna.
Within the next five years, P.A. Properties plans to construct an additional 20 housing communities as it continues to expand its reach across the country.