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Memphis-based ALCO Management Inc. recently invested $8 million in two of its local affordable apartment complexes. Eastern Heights and Creekwood Apartments — which hold a combined 226 units — were overhauled, which meant new roofs, kitchens, bathrooms, HVAC systems, floors and more for residents. The renovation came about because ALCO was applying for fresh Tennessee…
Author Archives: ALCO
Nov
16
2017
The Multifamily Leadership Summit is Where Innovation, Technology and Leadership Converge PRESS RELEASE UPDATED: NOV 16, 2017 Scottsdale, Arizona, November 16, 2017 (Newswire.com) – Multifamily Leadership has announced the official ranking for the 2018 "Best Places to Work Multifamily" Program. Winners found out how they ranked at the Multifamily Leadership Summit held in Scottsdale, Arizona. The Multifamily Industry, serving…
Nov
08
2017
In September, Yardi clients and employees gathered in sunny San Diego for the fall YASC event. A record turnout made for an exciting three days of product demonstrations, user classes and networking. On the topic of advanced business intelligence software and what’s working for clients, the Yardi Orion Business Intelligence Panel provided salient insights on making analytics…
Feb
14
2014
Between acquisition and renovation costs, ALCO Management Inc. today announced plans to invest $8.15 million in three multifamily complexes in Tennessee and Kentucky. The Memphis-based real estate firm – which specializes in buying and rehabbing apartment properties, as opposed to new development – has hired Tennessee-based GSB contractors Inc. as general contractor and Memphis-based MMH Hall…
Mar
19
2013
The turnaround at the 117-unit Riverwood Tower Apartments near Nashville, receives Community of Quality Award honors next week from the National Affordable Housing Management Association. The award recognizes Alco Management, Inc., which owns and manages the senior-living community, for its successful revitalization initiative. (Photo: Business Wire) March 19, 2013 09:00 AM Eastern Daylight Time MEMPHIS,…
Jan
20
2011
MEMPHIS, Tenn., Jan. 20, 2011 (GLOBE NEWSWIRE) — ALCO Management Inc. today announced that financing has been secured and work has started on the first of four multi-family apartment communities slated for renovation throughout 2011. The recapitalization initiative is expected to transform 466 apartments at communities in Nashville, Memphis, Parsons and Camden, Tennessee through investments of more…