PHOENIX—Bruce Ward, Alliance Residential Company's chairman and CEO has been named the 2014 Executive of the Year by Multifamily Executive, one of the leading trade publications for the multifamily housing industry.

One of the most prestigious honors of the multifamily industry, the Executive of the Year Award is given annually to the development or management professional dedicated to providing exceptional multifamily housing, exemplary customer service and strong financial performance.

The Multifamily Executive honor is based on the individual's “achievements in the past year and throughout their career, leadership style and unique approach to handling day-to-day challenges and opportunities, impact on the company's performance and reputation; and their involvement and ongoing commitment to the multifamily industry.”