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Yardi Buys CommissionTrac

Santa Barbara-based Yardi announced this week that it has acquired CommissionTrac, a developer of revenue management software for commercial real estate companies. Financial terms of the acquisition were not announced. CommissionTrac was founded in 2015. According to Yardi, it will be integrating CommmissionTrac's platform into its CommercialEdge suite, and will continue to support existing CommissionTrac customers.