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VAMA News
A New Lease on the Future
Tommy Herbert, VAMA's Manager of Government Affairs, reflects on 2020 and provides insight on what's to come in Virginia's 2021 General Assembly Session. 
  
Welcome 2021 VAMA Leaders
We'd like to welcome the following individuals that volunteered and were selected to serve on a Board or Committee for 2021. The VAMA Board and Committees are the driving force of our organization, and fulfilling our mission relies heavily on these dedicated individuals. 
Is your parking lot in need of re-paving or repair?
A - 1 Asphalt Paving & Sealing
A1 Asphalt has the equipment and the experienced crews to complete your paving project with minimal disruption to your tenants. We service properties statewide and specialize in:
 
- Asphalt milling and re-paving
- Parking lot resurfacing and repairs
- Crack fill, sealing, re-striping and signage
 
Contact us for a professional on site evaluation of your upcoming paving project
Please call today for a professional onsite evaluation and paving needs
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Congratulations to Annual Prestige Award Winners
The Virginia Apartment Management Association’s Blue Ridge chapter hosted their Annual Prestige Awards on Friday, January 8, 2021. The Prestige Awards recognize excellence in the field of property management and this year’s event, sponsored by AFR and Apartments.com, was held virtually due to COVID-19 guidelines. Judging was completed virtually by impartial judges who viewed questionnaire forms and video tours of Charlottesville area communities, as well as conducted remote video interviews of team members. Those judges have recognized the following apartment communities and staff as leaders in the field of property management. 
NMHC Rent Payment Tracker Data for January
The National Multifamiy Housing Council has reported that 76.6% of multifamily renters had made a full or partial rent payment as of January 6, 2021. This is down 1.7% from rental payments received by January 6, 2020, but up 1.2% from payments received by December 6, 2020. 
Amazon Announces Housing Equity Fund
The company has committed $2 billion to markets where it has or expects to have at least 5,000 of its employees in the coming years. The money will be used to preserve and create more than 20,000 affordable housing units. 
Build Your Skills
Overcoming Objections with Katie Rigsby
Member favorite, Katie Rigsby, shares four underlying issues to dig for when a prospect complains that the rent is too high. 
Which Resident Services Are Most Important? The Answer May Surprise You
Recent surveys have shown that residents are not as bothered by pool or gym closures necessitated by the COVID-19 pandemic, but get more upset when things like printer paper or coffee pods run out. 
First Atlantic Restoration Inc
Belfor USA
VAMA Governance Meetings
27
Jan 2021
 
VAMA Board Meeting
 
2
Feb 2021
 
VAMA Chapter Advisory Committee Meetings
2/2/21 VAMA | CVA Advisory Committee Meeting
2/2/21 VAMA | HR Advisory Committee Meeting
2/3/21 VAMA | NRV Advisory Committee Meeting
2/3/21 VAMA | SV Advisory Committee Meeting
2/4/21 VAMA | RL Advisory Committee Meeting
2/9/21 VAMA | BR Advisory Committee Meeting
2
Feb 2021
 
VAMA | CVA Supplier Council Meeting
 
Drucker and Falk, LLC
A&A Contractors, LLC
Development News
Henrico: Six-Story Community Coming to Rocketts Landing
The $45 million F-shaped building will house 199 units on just under 4 acres. The majority of the units will be one-bedrooms, with 6,800 square feet of office space on the ground level. 
Midlothian: 296-Unit Community Sold for $67.35 Million
The 22-acre property amounts to $227,500 per door. 
Newport News: New Affordable Community Expecting Move-Ins in February
A new 96-unit income restricted community in Newport News is accepting applications for move-ins in February. The community is comprised of two- and three-bedroom units, as well as community amenities including a state-of-the-art fitness center, resident lounge, playground and more. 
Richmond: New Community in Northside Sold for $84 Million
The sale of the 301-unit community in Richmond's Northside neighborhood amounts to $278,239 per door.
Richmond: Another Mixed-Use Project Coming to Scott's Addition
A five-story mixed use project is planned for a 2.4 acre block in Scott's Addition. The building will feature 350 apartment units and 10,000 square feet of retail space.