Headquartered in New York City, Newmark & Company Real Estate, Inc. is one of the largest independent full-service real estate firms in the country and it continues to expand both its geographic coverage and its service. Consequently, its software needs have grown exponentially and Intuit Real Estate Solutions’ (IRES) software and solutions have been formidable in helping Newmark accomplish its goals. According to Newmark, one of the main advantages IRES had over competing products was the integration and flexibility of its MRI Commercial software.

“Since Newmark is both an owner and a third-party property manager for a large and diverse portfolio, and since we have expanded nationwide over the past few years, the flexibility was critical in order to meet the needs of varied owners,” continues Eisner. “Flexibility has allowed us to use MRI Commercial for both property management and corporate accounting.

“IRES has had the vision to develop integrated modules in order to serve every aspect of management,” says Rolla Eisner, Senior Managing Director. “While the base system and reports are quite comprehensive, we were very much impressed by the fact that MRI Commercial was designed in order to offer flexibility in terms of modifying both the system itself and all of the reports.”

MRI Commercial has also streamlined Newmark’s operations, according to Eisner.

“The various modules provide greater efficiency and accountability by storing all the information in one database and reducing the need for separate spreadsheets,” explains Eisner. “Due to the SQL technology, we were able to integrate MRI Commercial with custom software used for our brokerage business.”

Since 1971, IRES (formerly MRI) has been the preferred software solution provider for many of the world’s most prominent firms, a fact that was not lost on Newmark.

“We were impressed by the fact that IRES has been in business for more than 30 years and has demonstrated the ability to adapt to changing technology and produce quality software products and services,” says Eisner.

Moreover, continued Eisner, “IRES attracts very bright, dedicated employees, many of whom remain with the company for many years, thereby providing continuity and stability. The variety of modules demonstrates an interest in serving many diverse business needs.”

About Newmark and Company Real Estate

Newmark is one of the largest independent full-service real estate firms in the U.S., managing and/or leasing more than 50 million square feet of commercial space and representing many of the most prominent corporations in their occupancy needs. This company consummates nearly $1 billion in financial transactions and closes more than 16 million square feet of leasing transactions annually. For more information, please visit their website at www.newmarkre.com.