Not Endorsed

MRI Software to Enhance Its VaultWare Reservation System’s Integration with Yardi

MRI Software announced today that it has signed an agreement with Yardi to create an officially supported integration between MRI’s VaultWare Apartment Reservation System and Yardi.

New Income and Expense Data for Conventional Rental Apartments Reported in IREM Benchmarking Study

Gross possible rents for the four conventional rental apartment types examined (elevator; low-rise with 12 to 24 units; low-rise with 25-plus units; and garden) rose within a range of 1.6 percent and 4.0 percent in 2012 versus 2011.

Crescent Communities Names Jay Curran as Vice President

Crescent Communities, a Charlotte, N.C.-based real estate investment, development and operations company, has named Jay Curran as vice president for the firm’s multifamily development in Georgia and Florida.

Kirk Sykes Named Chairman of the Real Estate Executive Council’s Board of Directors

New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced that Kirk A. Sykes, president of New Boston’s Urban Strategy America (USA) Fund LP, has been appointed chairman of the board of directors for the Real Estate Executive Council .

HFF San Francisco Hires Nathan Blair to Focus on Multi-Housing Investment Sales

HFF announced that Nathan Blair has joined the firm as a director in its San Francisco office to focus on multi-housing investment sale transactions in Northern California.

Ocius Plants Trees to Entice Apartment Residents to Go Paperless

Ocius, a provider of resident billing and utility invoice processing services for apartment managers, announced a new program to encourage residents to receive their monthly statements via email.

Auction.com Sells $14 Million CRE Assets

Auction.com, an online real estate marketplace, facilitated the closing of six commercial assets totaling more than $14 million in purchase price and two commercial notes totaling $465,000 in value during the week of July 31, 2013.

NWP Sets New Standard in Electronic Data Exchange Services in Multifamily Utility Management

NWP Services Corporation (NWP), a provider of utility cost recovery solutions, has initiated a “renaissance” in utility management with its electronic data exchange (EDE) services.

SummerHill Apartment Communities Creates Southern California Division and Hires Patrick S. Simons as Senior Vice President

SummerHill Apartment Communities, a division of SummerHill Housing Group based in San Ramon, Calif., announced that the firm has hired multifamily industry veteran Patrick S. Simons as senior vice president to lead SummerHill Apartment Communities’ new Southern California division.

Best and Worst Metros by Job Growth

Julie Zisfein, senior associate and economist with Auction.com Research, says the Bureau of Labor Statistics (BLS) July metro area data shows continued job growth across the nation: