Yardi Acquires Apartment Research Provider Pierce-Eislen

Santa Barbara-based Yardi, which develops real estate software, said last week that it has acquired Pierce-Eislen, a supplier of property and market research for the multifamily real estate industry. Financial terms of the acquisition were not announced. Yardi said the acquisition will add information on apartment industry data at the property, market, regional, and national levels. Pierce-Eislen was based in Scottsdale, Arizona.