Honolulu-based residential property management firm Hawaiian Properties Ltd. has bought Hawaii island property management firm Augustine Realty.

Hawaiian Properties, which was established in 1929 and formerly known as National Mortgage & Finance Co. Ltd., announced its acquisition Friday and said there will be no employee changes as a result of the deal.

Dass Ramadass, Hawaiian Properties president, said in a statement that the 26-year-old Augustine Realty firm is a “perfect fit.”

Katherine Augustine, managing partner of Augustine Realty, said in a statement that both companies are kamaaina family-owned businesses that share the same values and standards.

Hurricane dampens U.S. auto sales

DETROIT >> Hurricane Harvey took a toll on U.S. auto sales in August, but the storm could boost sales this fall as people replace flooded vehicles. U.S. sales of new cars and trucks fell 2 percent last month, according to Autodata Corp. Forecasting firm LMC Automotive says Harvey hurt demand in the Houston area — the ninth-largest vehicle market in the nation — cutting U.S. sales of new cars and trucks by an estimated 20,000 vehicles.

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ON THE MOVE

>> Chaminade University has named Brother Allen Pacquing as the new director of campus ministry. Pacquing was previously Chaminade’s minister of liturgy and worship, and coordinated the Tutoring Center at the Office of Retention, Advising and Career Preparation.

Hawaiian Properties, one of the leading residential property management companies in Hawaii, has announced the following:

>> Kathy Cooley is the new vice president and senior property manager of the Kona branch. Cooley has worked in the community association management industry since 1999 and is knowledgeable in all areas of association and property management.

>> Christy Hinds is the new senior property manager. Hinds has nearly 10 years of property management experience, working with condominium and commercial complexes, single-family homes as well as developers.

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