California-based non-profit corporation adopts MRI Software’s property management solutions.
SOLON, Ohio- Affordable housing organization, The Caritas Corporation, recently adopted MRI Software’s multifamily solutions to handle the operation of 20 individual manufactured home communities.
Caritas’ decision to select MRI Software was based on their need for tailored software that would facilitate their specific business processes. MRI Software’s configurable solutions allow for significant enhancements to the company’s day-to-day processes through flexible functionality and ease of use.
“As a non-profit organization, to provide and maintain affordable housing, specific requirements in financial reporting need to be met. MRI Software will provide solutions to make that reporting more efficient,” said Penny Serna, Chief Financial Officer of The Caritas Corporation. “In addition, Caritas’ use of bond financing requires very specific compliance to regulatory agreements and MRI Software will bring simplicity to the compliance process.”
“MRI has made significant investments to be a leading provider of property management and accounting solutions for the Affordable Housing sector,” said Patrick Ghilani, Chief Executive Officer of MRI Software. “The unique, and often complex, business needs required of Caritas to excel in manufactured home communities are a perfect match for MRI’s flexible software solutions.”
For more information about MRI’s solutions visit mrisoftware.com.
About MRI Software
MRI Software LLC is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages over 40 years of business experience to develop long-term successful relationships with its clients. Founded in Cleveland, Ohio, U.S.A., the company has offices in Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit mrisoftware.com.
Caritas (“caring for others”) was established in 1996 as a California non-profit, 501(c)(3) public-benefit corporation. Its mission and purpose is to provide and maintain quality, affordable housing for persons of low income and means, focusing on manufactured home parks. With the increasing number of households on fixed or limited incomes and with the scarcity of reliable, long-term, reasonably priced housing, Caritas endeavors to create vibrant communities where resident involvement and caring are priorities.
In addition to keeping costs down, Caritas works to provide experienced and responsive management of its properties. Residents and Caritas work together to meet ongoing needs, resolve problems and enhance the quality of life throughout our communities.