CHICAGO, IL--(Marketwire - Nov 17, 2011) - [ 215 West ], a new luxury green high-rise apartment tower managed by Jupiter Communities, LLC, grabbed the gold in several categories at the Chicagoland Apartment Association's (CAA) 2011 Chicagoland Apartment Marketing and Management Excellence (CAMME) Awards on Friday, October 28, 2011.

215 West received the coveted awards in three categories: Community Amenities Package (Mid-Rise/High-Rise), Property Advertising - Print Form, and Property Marketing and Advertising Excellence.

Kellie DeVilbiss, President of [ Jupiter Communities, LLC ], said, "We are thrilled to see the Chicagoland Apartment Association recognize 215 West's outstanding resident amenities and innovative marketing practices. This is a tremendous honor for the Jupiter Communities team at 215 West, and we applaud their creativity and hard work." This marks the second year in a row 215 West received multiple CAMME Awards. In 2010, 215 West won CAMME awards for Floorplans - 3 Bedroom, Property Marketing - Electronic, Property Advertising, and Property Marketing and Advertising Excellence.

Located in the Chicago Loop, 215 West is a LEED Certified 50-story apartment community featuring 389 studio/convertible, one-bedroom, two-bedroom, and three-bedroom apartment homes. Residences at 215 West include stainless steel Frigidaire® Energy Star® appliances, granite countertops, washers and dryers, and floor-to-ceiling windows with stunning views of the city. The building is pet friendly and offers a wide selection of amenities including a 24-hour door attendant, fitness club, theater, game room, party room, business center, and a landscaped green roof with a pool and sundeck. For more information, please visit [ www.215WestApts.com ] or contact the leasing office at (312) 521-5900.

The CAMME Awards program is held annually to celebrate multifamily housing companies and professionals that have demonstrated excellence in the previous year. Judging for the awards is done by industry and association members, and CAMME Awards are given to properties/companies who are top performers in several categories, including: staff training programs, exterior condition of property, apartment condition, landscaping, maintenance programs, marketing programs, attainment of occupancy goals and standards, achievement of financial goals, cleanliness, resident satisfaction, and community outreach programs.

About Jupiter Communities
Jupiter Communities, a subsidiary of RAIT Financial Trust (NYSE: [ RAS ]), is a full-service [ multifamily property management company ] with approximately 11,000 apartment units under management nationwide. The leadership at Jupiter Communities boasts more than 50 years of industry experience managing and maximizing the value of apartment communities across the nation, giving it the ability to offer expert advice and superior services including property management, valuations and market studies, accounting, due diligence, dispositions, and construction management. For more information, please visit [ www.jupitercommunities.com ] or contact Kellie DeVilbiss at (312) 924-1601.

About the CAA
The [ Chicagoland Apartment Association ] (CAA) was founded in 1990 to represent the interests and professional development needs of property management owners and managers in the Chicago area and suburbs. The CAA provides continuing and timely educational opportunities and legislative representation for its members. For more information, please visit the Chicagoland Apartment Association website [ www.caapts.org ] or call (312) 207-1890.