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VAMA News
You may have noticed that registrations are opening sooner and closing sooner for events.  VAMA is moving to digital invoices and pre-function payment over the course of the next few months.  We could use your help!
  
VAMA is excited to partner with J. Turner Research to create our 2022 Virginia Multifamily Housing professional compensation survey! J. Turner Research will begin conducting this survey within the next few weeks. We ask that each member management company provide us with a point of contact (either a HR representative or a corporate contact) who will be responsible for providing the requested data. All VAMA management company members who participate in the survey will receive a FREE copy of the salary survey. If your management company elects not to participate, the survey will be available for purchase.
There are two bipartisan pieces of NAA-supported legislation being debated in Congress right now, and the industry needs your help! Take action by sending a quick, pre-written message to your representatives asking them to support choice in affordable housing and the Yes In My Backyard (YIMBY) Act!
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:
 
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- 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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Virginia Housing Development Authority
Build Your Skills
  
BRAND NEW at this year's VAMA Conference: an opening reignite session presented by Psychologist Bruce Christopher. Get to know Bruce and read his take on attitude and peak performance in the workplace. Not signed up yet for VAMACON? Register here!
 
 
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Development News
The proposed 56-unit affordable houising community would lie at the corner of Country Club Drive and South Main Street, and would allow more of Blacksburg's labor force to live in the city. However, area residents are calling the project "too dense."
Marina Point Apartments was sold to MRKT Realty LLC for $14.15 million in February. The 104-unit community is made up of one-, two- and three-bedrooms and was built in 1965. 
Developers are planning to break ground in the next few months on Fulton Yard, a mixed-use development next to Rockett's Landing that's been in the works since 2019. The project will consist of 535 apartment units and over 100,000 square feet of commercial space. 
The Lawson Companies got the green light for an affordable community planned for Cove and Peters Creek Roads. Named Smith Ridge Common Apartments, the 216-unit community will be built in phases starting in 2023. 
Midtown Row, a student housing mixed-use development consisting of 240 units with 620 beds and over 60,000 square feet of retail space, was acquired by Broad Street Realty for $122 million.