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VAMA News
National Apartment Report: October 2016
  
For the 2016 presidential election, Politico has identified 11 "swing states": Colorado, Florida, Iowa, Michigan, Nevada, New Hampshire, North Carolina, Ohio, Pennsylvania, Virginia, and Wisconsin.
Future trend? Microapartments ‒ 350 sq. ft. or less
  
New York City celebrated its first microapartment building Thursday on Manhattan's East Side with a ribbon-cutting ceremony ‒ helping to address what some say is a need for more affordable housing in America's more expensive cities.
Virginia Beach estimates $51.8M in damages from Matthew
  
At a Virginia Beach City Council briefing Tuesday, City Manager Dave Hansen gave an updated figure on the city’s Hurricane Matthew recovery costs.
More apartments bring growth to downtown Roanoke
  
ROANOKE, Va. (WDBJ7) April Lynch grew up in the Roanoke area. She said the city looked different years ago. "We wouldn't see that many restaurants," said Lynch. "A lot of the buildings were abandoned." Recently, several of those abandoned buildings have been turned into apartments, more are popping up.
Fundrise/Insight Property JV lays out $58M in Va.
  
The partnership completed its first acquisition in June, with the $9.7 million purchase of Canterbury Square Apartments at 9186 Richmond Highway in Richmond, Va.
Richmond firm buys VA beach property
  
As it closes its latest fund, a Richmond development firm has also closed on a Virginia Beach apartment building.
Development group purchases Whittaker hospital, plans apartments
  
A Richmond-area development group has purchased the vacant Whittaker Memorial Hospital and could begin renovating the historic building into a 62-unit apartment building by the beginning of next year.
AIG Global taps Franklin Johnston to manage 11 properties
  
AIG Global Real Estate Investment Corp.’s Affordable Housing Division has tapped the Franklin Johnston Group to manage 11 multifamily properties in Virginia and North Carolina. The assets include senior and affordable communities.
Blacksburg considering lifting ban on new 'granny flats'
  
BLACKSBURG — Town leaders are thinking about lifting a four-decade ban on the building of new accessory apartments, or perhaps better recognized as detached livable buildings homeowners place behind their houses to rent.
First Atlantic Restoration Inc
Belfor USA
Build Your Skills
  
1st Annual VRHC Valley APEX Awards
VRHC hosted their 1st Annual Valley APEX Awards program on October 27th at Cross Keys Vineyard in Weyers Cave, VA. It was a great evening and we were pleased with the turnout of over 50 people, a sizeable turnout for this small chapter. See full article for a list of winners.
BRAC's 2016 Maintenance Mania winners
  
BRAC's 2016 Maintenance Mania competition was held on October 26th in Charlottesville, VA. We had a great turnout with 26 competitors, our highest number yet, as well as plenty of spectators to cheer them on! Click on the full article for a list of game winners.
RVAA learns about assistive animals & other Fair Housing pitfalls
  
Last month, RVAA hosted a Morning Perk in Roanoke when Patrick McCloud talked to our members about the ongoing concerns with the abuse of the Fair Housing Assistive Animal request and HUD's guidance on criminal background screening.
NRVAC CAM Slam!
  
The New River Valley Apartment Council will be hosting a Certified Apartment Manager Course running from November 14th through 18th. This week-long format will demonstrate that attendees have the knowledge and ability to manage an apartment communities and achieve owner's investment goals. This credential course will be held all week, and will focus on topics such as: Marketing, Financial Management, HR, Legal Responsibilities, Property Maintenance and Risk Management. This will be the last CAM course offered through the association for 2016. Interested? Please contact Erin Masta at erin@vamaonline.org or 804-756-8262.
NRVAC trade show success
  
New location, great speakers and 18 management companies represented at the reverse trade show. Thank you so all those that came out for the fantastic education seminar and the trade show!
Calendar Highlights
  
Save the Date!
Celebrate with VAMA! RVAA 11/18/16 Star Awards RVAA 12/07/16 Holiday Cocktail Party HRAC 12/8/16 Holiday Cocktail Party NRVAC 12/13/16 Holiday Banquet & Awards CVAA 12/14/16 Holiday Cocktail Party BRAC 12/15/2016 Prestige Awards Dinner Other Events and Education: VRHC 11/10/16 Fair Housing Certification with Mally Mason NRVAC 11/14/16 Certified Apartment Manager (CAM) Slam CVAA 11/15/16 Fair Housing Certification CVAA 11/15/16 Morning Coffee Meeting: Avoid Fair Housing Pitfalls HRAC 11/16/16 Trade Show & Seminar Series BRAC 11/22/16 Fair Housing Certification VAMA 12/6/16 CAPS Designation
American Mechanical, Inc.