Apartment Completions Hit 30-Year High in 2017, Vacancy Rate Increases
Apartment completions reached a 30-year high in 2017 and beat the 2016 level by 30 percent, according to a report in Multifamily Executive. Last year, 364,713 units were completed in the 150 largest U.S. metros, more than doubling the long-term average and growing the...Industry Veteran Becomes a First-Time Store Owner
The new Pepper’s Express Laundry Center recently opened for business in Mooresville, Ind. – with a familiar name in a not-so-familiar role.The 4,800-square-foot vended laundry is designed to enhance and quicken the laundry process, according to the owners Jim...Mulberrys Acquires Laundry Locker
Mulberrys Garment Care – providing service to the San Francisco, Dallas and Minneapolis/St. Paul markets – has acquired Laundry Locker, a San Francisco-based laundry and drycleaning company with more than 350 locker locations throughout the Bay Area....Alabama Meet-Up: Lunch, Learn and Network
The Coin Laundry Association has announced that it will hold an Alabama Laundromat Industry Meet-Up on March 1 at the Oxford Civic Center in Oxford, Ala. This lunch event – which is scheduled for 9:30 a.m. to 1:00 p.m. – will include an update on new tax...
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