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May 2015 In This Issue
Statewide News
Industry News
Local Chapter Updates
First Atlantic Restoration Inc
Honeywell Smart Grid Solutions
Belfor USA
Statewide News
Click here to find out about new laws taking effect on July 1, including changes to the UD process and 8 more changes to the VRLTA.
450 attendees
Over $35,000 in speakers from all around the nation
3 days of amazing training sessions
Fantastic networking opportunities at the opening reception and the trade show

If you missed #VAMACON, you missed it all.

Plan for it next year in April.
Did your community make the list? Several ACE Awards Nominees did!
Check out the link for updates on statewide legislation from the 2015 General Assembly Session. VAMA partners with our sister organization AOBA, in Northern Virginia and D.C. to provide members with top notch lobbying services. Protecting your assets is the number one reason for membership (along with fabulous education and networking opportunities)!
Industry News
WASHINGTON, April 29, 2015 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, today announced that it plans to acquire Apartment Finder pursuant to a definitive agreement and plan of merger with Network Communications, Inc. for $170.0 million in cash, which is subject to customary post-closing purchase price adjustments.
What your customers are reading from Lifehacker regarding the decision to rent vs. buy.
After it appeared the national apartment vacancy rate was beginning to rise late last year, the market pulled a bit of a surprise in the first quarter—the vacancy rate declined by 10 basis points from the fourth quarter of 2014, to 4.1%.
NAA Launched a new website, which is garnering national attention not only for the results of NAA's 2013 study but for it's A.C.E. The Apartment Community Estimator calculates the economic impact that potential new and existing apartment communities would have on a specific state or metro area.

Check out this Multifamily Executive article!
This article details rent growth trends over two month stretches over the past several years. Rent growth is the highest over a two year stretch since 2011.
A Local Richmond company, Tenant Turner, just won the Greater Richmond Chamber's i.e. Competition.
Carousel Signs & Designs, Inc.
Deas Construction
Local Chapter Updates
The Blue Ridge Apartment Council (BRAC) hosted an Affordable Housing Panel on Wednesday, May 6th.
Lawson Realty's Sylvester Wyman seems to have a pretty hefty cheering section! His team had this to say about him: "Sylvester is so awesome. He comes in even when he’s on vacation to shovel snow, he can’t stay away from 'his residents' as he calls them. He stayed overnight when we had a flood - I’ve never seen anything like it. And he’s hilarious to boot. We lucked out!"
We laughed, we cried, we conquered! Congratulations to the CVAA winner, April Upton of Landmark Property Services!
The RVAA Newsletter recaps the VRLTA seminar, #VAMACON and announces the "best retirement community" as voted by the readers of SWOCO Magazine!


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