Regions

Economy Watch: Non-Manufacturing Sectors Expands Again

The Institute for Supply Management reported in its latest Non-Manufacturing ISM Report on Business that the U.S. non-manufacturing sector is continuing to grow.

Decatur Housing Authority’s Oliver House Honored

The Atlanta Regional Commission named Oliver House, a new affordable seniors housing community developed by the Decatur Housing Authority, the 2013 Development of Excellence.

Hunt Companies Names New President, COO

Hunt Companies Inc. today announced the appointment of Chris Hunt as president and chief operating officer.

TODAY’S DEALS: Bascom Buys 624-Unit Apartment in Las Vegas

The Bascom Group completes its 11th buy for 2013; Greystone provides $24.3 million for a Louisiana rental; and Largo Group of Companies arranges financing for multifamily properties.

Block Funds Acquires Luxury Community in Lewisville, Texas

Block Funds has announced that it has acquired Bella Madera, a 612-unit, Class A luxury apartment community in Lewisville, Texas, near State Highway 121 and Interstate 35E.

Pennrose Completes The Gateway at Summerset

The final phase of construction is complete at The Gateway at Summerset, a high-end apartment community in the Squirrel Hill neighborhood of Pittsburgh.

Arbor Appoints Kevin Hern as Vice President

Arbor Commercial Mortgage LLC announced the appointment of Kevin Hern as vice president.

Ocius Adds Maintenance Requests and Live Balances to Next Generation Mobile App for Apartment Residents

Ocius, a provider of resident billing and utility invoice processing services for apartment managers, announced the immediate availability of the next generation of its award-winning resident mobile app, My Resident Network.

Economy Watch: Residential Price Increase Still Strong

CoreLogic reported that home prices nationwide, including distressed sales, increased 12 percent on a year-over-year basis in September.

NWP’s CEO to Participate on Panel at the 2013 NMHC OpTech Conference

NWP Services Corporation (NWP) a provider of utility management solutions in the multifamily housing industry, announced that Michael Radice, chief executive officer for NWP, will participate on an expert panel at the 2013 National Multi Housing Council’s (NMHC) OpTech Conference to be held November 11-13 at the Hilton Anatole, in Dallas.