News
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
MRI Software Named to Inc. 5000 List of Fastest-Growing Private Companies
PropTech Firm Logs Three-Year Revenue Growth of 161% Solon, Ohio – August 20, 2020 – MRI Software, a global leader in real estate software solutions, was named to the Inc. 5000 list of fastest-growing private companies in the United States. The list, compiled by Inc. Magazine, is regarded as the definitive ranking of the nation’s … Continued
Rent Collections Dropped in Affordable Housing and Rebounded in Public Housing in July
Latest Report from MRI Software Tracks Effects of COVID-19 on Affordable and Public Housing Throughout the U.S. Solon, Ohio – August 17, 2020 – July rent collection in affordable housing reached a new low for 2020 at 76% of July 2019’s rates, while public housing saw a rebound from 78% of 2019’s rates in June … Continued
MRI Software Acquires MacMunnis to Expand Offering For Corporate Occupiers
MacMunnis managed services help occupiers automate manual tasks, reduce costs and accelerate time to value from software investments Solon, Ohio – August 6, 2020 – MRI Software, a global leader in real estate software solutions, has acquired MacMunnis, Inc., an established provider of lease administration solutions to enterprise businesses managing complex lease portfolios. MacMunnis’ services … Continued
MRI Software Launches New Residential and Commercial Solutions for APAC as it Announces Record Ascend Users Conference
Company’s first virtual users conference showcases the value of MRI Living and MRI @Work for the APAC region, capping a year of major business growth, innovation and acquisitions Sydney, 30 July 2020 – MRI Software (“MRI”), a global leader in real estate software solutions, announces the Asia-Pacific launch of key solutions and product innovations on … Continued
Low Turnover Persists in Multifamily Units Across Asset Classes, Rent Rebounds in Market-Rate Housing
Latest Reports from MRI Software Track Effects of COVID-19 on Market-Rate, Affordable, and Public Housing Throughout the U.S. Solon, Ohio – July 22, 2020 – Rental pricing at market-rate properties increased in June, reflecting low turnover at multifamily units across asset classes and growing demand for market-rate units, according to the latest reports from MRI … Continued
MRI Software Appoints Technology Veterans to Address Demand for Occupier Solutions and to Expand Partnership Program
Names Scott Bartlett as VP of Occupier Solutions and Sean Slack as VP of Partnerships Solon, Ohio – July 6, 2020 – MRI Software (“MRI”), a global leader in real estate software solutions, has appointed two technology veterans to lead key initiatives at the firm: The new joiners are Scott Bartlett, Vice President of Occupier … Continued
Tenants in Public and Affordable Housing Paying Rent, Staying Put During COVID-19
Behavior Patterns Similar to Those of Market-Rate Tenants Solon, Ohio – June 23, 2020 – Although COVID-19 has had an outsized economic impact on residents of public and affordable housing, it has had minimal impact to date on rent payments or move-outs, according to a new report by MRI Software (“MRI”), a global leader in … Continued