Prominence
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 .
Carmel Completes San Diego Community
Multifamily specialist Carmel has completed work on Carmel Pacific Ridge, a 500-unit property in the Mission Valley neighborhood of San Diego.
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.
MHN Interview: Philadelphia Freedom—An Interesting Opportunity for Multifamily
LCOR recently announced that Donald Tracy, the company’s new vice president, would be leading the Philadelphia development team. MHN talks with Tracy about his plans on expanding LCOR’s development pipeline in that market, as well as why he considers Philadelphia a unique area for the multifamily industry.
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.