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Hanley-Wood to acquire "Multifamily Executive," directory & conferences.

Hanley-Wood, Inc. (Washington, D.C.), a publisher for the residential and commercial construction markets and a unit of VS&A Communications Partners III (New York), has agreed to acquire Multifamily Executive magazine, a related directory and two companion conferences from MGI Publications (Yardley, PA). No terms were given.

Established in 1996, Multifamily Executive is published monthly with a controlled circulation of 25,000 executives involved in the development, construction, planning and management of the multifamily housing market, including owners, managers, developers and investors. Editorial includes information on industry news and trends, and equipment, design, maintenance, and management issues.

The magazine also produces an annual "Who's Who" directory with listings of key industry executives and resources and hosts two conferences, including the "Multifamily Executive Educational Conference," held in October, and an invitation-only summit for top executives held in Vail (CO) in February.

Hanley-Wood magazine division president Peter Goldstone said the deal "is key to (our) strategic plan to expand our product offerings in the construction sector. Hanley--Wood has been investigating the multifamily market for several years."

Related Hanley--Wood magazine titles include Builder, Remodeling, residential architect, Building Products and Custom Home. The company's Exhibitions division (Dallas, TX) produces nine related trade shows.
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Comment:Hanley-Wood to acquire "Multifamily Executive," directory & conferences.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 31, 2002
Words:200
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