Mecky Adnani joins a prestigious group of Spaulding Award winners, becoming the 11th recipient in the Center’s 40-year history and one among 14 exceptional 2024 nominees.
NEW YORK, May 30, 2024 –PRESS RELEASE– At the “Back to School” event hosted by the MIT Center for Real Estate (MIT/CRE) and Alumni Association of the MIT Center for Real Estate (AACRE) on May 4, the highly anticipated 2024 Spaulding Award was presented to Mecky Adnani (MSRED ’00), Sr. Vice President, NHP Foundation (NHPF). Mecky received this distinguished award for her exceptional contributions to the real estate industry, including closing the acquisition and preservation of 17 properties totaling 2,600 affordable units, financed with a total of $685M in debt and equity capital during her time with NHPF.
The Spaulding Award is a prestigious honor within our community, recognizing MIT/CRE alumni whose professional achievements significantly impact the field and demonstrate exemplary dedication to community engagement. Mecky Adnani embodies these qualities and more.
“At a time when the lack of affordable housing is a national crisis, Mecky’s career is an inspiration,”
Professor Dennis Frenchman, Spaulding Award selection Committee
“At a time when the lack of affordable housing is a national crisis, Mecky’s career is an inspiration,” said Professor Dennis Frenchman, Spaulding Award selection committee member, “having successfully negotiated and developed over 6,000 family and elder units in cities across the US. Her focus on preservation and re-use of historically significant buildings adds even more value to the communities in which they are located, as does her attitude of including those communities in the development process. I think Hank Spaulding would appreciate Mecky’s belief in Real estate as a positive force in revitalizing communities.”
Upon receiving the Spaulding Award, Mecky Adnani expressed gratitude and humility, emphasizing the importance of collaboration and community engagement in achieving meaningful progress within the real estate landscape. Her dedication to fostering inclusive development in the real estate industry resonated deeply with the audience.
The Spaulding Award serves as a testament to the enduring legacy of MIT alumni and their transformative impact on the real estate industry and beyond. Mecky Adnani’s achievement showcases the values of excellence, integrity, and service that define the MIT community.
Special thanks to MIT/CRE alumni Chris Whittier and Sherina Zhang for hosting the event at Studio Gather, Tishman-Speyer at Rockefeller Center in New York. We were very pleased to see many industry professionals, MIT faculty, current master’s students, and AACRE members attend to present their latest projects and recognize the Spaulding Award winner.
About the Spaulding Awards
Mecky Adnani joins a prestigious group of Spaulding Award winners, becoming the 11th recipient in the Center’s 40-year history and one among 14 exceptional 2024 nominees. Past recipients include Mark G. Roberts (MSRED ’94), Director of Research at Crow Holdings and Catherine Polleys (MSRED ’97), Director at the National Council of Real Estate Investment Fiduciaries. Named after the Center’s founder, Hank Spaulding, the Spaulding Award honors MIT/CRE alumni for their outstanding professional achievements in the real estate industry and distinguished service and leadership in their communities.
About The NHP Foundation
Headquartered in New York City with offices in Washington, DC, Baltimore and Chicago, IL, The NHP Foundation (NHPF) was launched on January 30, 1989, as a publicly supported 501(c)(3) not-for-profit real estate corporation. NHPF is dedicated to preserving and creating sustainable, service-enriched multifamily housing, and single-family homes that are both affordable to low and moderate income families and seniors, and beneficial to their communities. NHPF’s Construction Management Group provides in-house resources dedicated to infrastructure review, infrastructure development and cost management. Through Family-Centered Coaching, NHPF’s subsidiary Operation Pathways engages with, and assists, families experiencing poverty and other hardship, to problem-solve together. Through partnerships with major financial institutions, the public sector, faith-based initiatives, and other not-for-profit organizations, NHPF has 59 properties in 16 states and the District of Columbia. For more information, please visit http://www.nhpfoundation.org.
