P.A. Alvarez Properties and Development Corporation (P.A. Properties) recently bagged two awards from the Home Development Mutual Fund (Pag-IBIG). The company 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 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 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. At the awarding ceremonies were P.A. Properties President and CEO Atty. Marianne Reyna Lina-Cruz (center); and VP for Documentation and Collection Ms. Evelyn Buco (left).
The second quarter of 2023 saw an economic slowdown due to high commodity prices and the lagged impact of interest...Read more