PHILLIPS REALTY CAPITAL #1 IN “BEST PLACES TO WORK” RANKING
Bethesda, MD, May 15, 2015 – Phillips Realty Capital topped Washington Business Journal’s “Best Places to Work 2015” ranking of medium-sized companies in the greater Washington, D.C. area. The ranking determined by Quantum Workplace was announced at a May 14 reception at Warner Theater celebrating 85 finalists in four size categories.
“We’re thrilled to be front and center of this award,” said Phillips Realty Capital CEO, C. Stephen Shaw, Jr. “We’ve worked hard over the years to build a firm with talented, focused, hardworking people who have fun working together. We’ve always thought we were a great place to work, but this is a wonderful validation that everyone on our team knows they are valued and shares in our success.”
Washington Business Journal teams with Quantum Workplace to conduct an employee engagement survey as the basis of it “Best Places to Work” awards. Quantum queries, evaluates and scores participating companies in categories ranging from team effectiveness, trust in senior leadership and alignment with company goals. Quantum identified three key areas employers should focus on to drive employee engagement: appreciation and value, a sense of connection, and growth and development.
“We created a culture where people come, we give them opportunities and they stay. Our retention rate is incredible and it’s something that we’re very proud of,” said Phillips Chief Operating and Financial Officer, Joseph C. Tilley.
With a nearly perfect score of 99.28%, Phillips Realty Capital ranked first in the medium company category of companies with 25-49 local employees. The Phillips score was also the highest among all of the companies surveyed, regardless of company size.
About Phillips Realty Capital
Phillips Realty Capital (PRC) is a leader in Washington, D.C. commercial real estate finance, structuring approximately $1.2 billion in debt and equity transactions a year and servicing a $2.0 billion loan portfolio for 24 institutional investors. Established in 1933, Phillips has a proven track record of collaborating with premier property owners, lenders, and investors to structure the most competitive transactions available in the market. With offices in Bethesda, Richmond and Charlottesville, dedicated teams of experts deliver reliable financial analysis, precise valuations, and deep knowledge of capital markets to engineer the proper mix of capital to meet each client’s needs.