News

Landlord Concessions Rose Again in November; Effects of Apartment ‘Downsizing’ Continue to Impact Market

Latest Report from MRI Software Tracks Effects of COVID-19 On Market-Rate Housing Throughout the U.S. Solon, Ohio – December 10, 2020 – Despite ongoing economic instability and a rebound in new lease-term pricing, occupancy in market-rate housing has remained at higher levels than last year.  The latest report from Proptech firm MRI Software (“MRI”) identifies … Continued

MRI Software Appoints Saurabh Abhyankar as Chief Product Officer

Seasoned software product management executive with deep experience in analytics solutions joins global PropTech leader Solon, Ohio – November 11, 2020 – MRI Software (“MRI”), a global leader in real estate software solutions, announces the appointment of Saurabh Abhyankar as Chief Product Officer (CPO). In this role, Abhyankar will lead MRI’s global product strategy and … Continued

MRI Software Acquires Jenark™ from CoreLogic

Investment Expands the Reach and Scale of MRI Living™ Suite Solon, Ohio – October 29, 2020 – MRI Software, a global leader in real estate technology, has acquired residential property management software Jenark™ from CoreLogic, Inc. (NYSE: CLGX). Jenark aligns with MRI’s existing product set for the management of residential property portfolios, addressing the unique … Continued

MRI Software Announces Key Solution Enhancements at Virtual Users Conference ‘Ascend Anywhere’

Enhanced offerings and integrations for MRI @Work and MRI Living support market demand for flexible real estate software Solon, Ohio – October 27, 2020 – MRI Software (“MRI”), a global leader in real estate software solutions, announced a series of key enhancements and innovations across its product portfolio at MRI ‘Ascend Anywhere’ 2020, the first … Continued

MRI Software Acquires CheckpointID, Adding ID Verification and Fraud Prevention to Multifamily Offering

Technology Enables Residential Property Managers To Perform Real-Time Digital ID Checks Solon, Ohio – October 13, 2020 – MRI Software, a global leader in real estate software solutions, has acquired CheckpointID, LLC, a Carrolton, Texas-based provider of ID verification and fraud prevention technology solutions to the multifamily industry. The CheckpointID™ solution validates government-issued domestic and … Continued

MRI Software Completes Acquisition of RentPayment™ Business from Priority Technology Holdings, Inc.

Under agreement, Priority to continue providing payment infrastructure and processing Alpharetta, GA and Solon, OH – September 23, 2020 – MRI Software (“MRI”), a global leader in real estate software solutions, and Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, have completed the … Continued

Rent Collection in Affordable Housing Continues to Lag, Says Latest Report from MRI Software

Collection Rates Higher in Public Housing; Tenants Staying Put in Both Sectors Solon, Ohio – September 17, 2020 – Rent collection in affordable housing continues to lag as the pandemic wears on, according to the latest report from Proptech firm MRI Software (“MRI”). Year-over-year collection rates in public housing remain comparatively high. Meanwhile, tenants in … Continued

Multifamily Leasing Concessions Reached New High in August; Pricing Pressures and Elevated Card Payment Volumes Continue

Latest Report from MRI Software Tracks Effects of COVID-19 on Market-Rate Housing Throughout the U.S. Solon, Ohio – September 14, 2020 – The COVID-19 pandemic continued to present challenges to the multifamily industry in August. That’s the latest assessment from Proptech firm MRI Software (“MRI”), whose data shows a new high for leasing concessions, accompanied … Continued