News
Value of Landlord Concessions Reached Pandemic Peak in January And Doubled Year Over Year
Latest Report from MRI Software Tracks Effects of COVID-19 On Market-Rate Housing Throughout the U.S Solon, Ohio – February 11, 2021 – Landlords’ efforts to maintain occupancy during COVID-19 led to a significant jump in concession values during January, according to the latest report from Proptech firm MRI Software (“MRI”). The January total far exceeds … Continued
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
Rent Collection in Affordable Housing Improved in October; Dropped Slightly in Public Housing
Latest Report from MRI Software Tracks Effects of COVID-19 On Affordable and Public Housing Solon, Ohio – November 16, 2020 – Rent payments in affordable housing rose to 82% of the prior year during October, the first month since June that the rates exceeded 80% YOY. That is a key finding of the latest report … Continued
Multifamily Lease Concessions and Lower Rents Drive Occupancy in October
Latest Report from MRI Software Tracks Effects of COVID-19 On Market-Rate Housing Throughout the U.S. Solon, Ohio – November 12, 2020 – Landlords who used lease concessions and lower rents to promote occupancy succeeded in their mission in October, according to the latest report from Proptech firm MRI Software (“MRI”). As renters took advantage of … 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
MRI Software broadens capabilities with Orchard Information Systems acquisition
Addition of specialist social housing management software provider broadens coverage for the growing UK housing sector London – March 31, 2020 – MRI Software, a global leader in real estate software solutions, announces the acquisition of Orchard Information Systems, a specialist provider of software solutions for the UK social housing sector. The acquisition adds to … Continued
MRI Software Acquires Lindsey Software to Bolster its Industry-leading Public Housing Property Management and Compliance Solutions
Acquisition extends MRI’s reach in US public housing sector to cover a broader spectrum of applications and adds accounting services Solon, Ohio – January 8, 2020 – MRI Software, a global leader in real estate software solutions, today announced the acquisition of Lindsey Software, a leading provider of property management software and services for public … Continued
MRI Software launches new comprehensive Affordable Housing solution to manage today’s complex compliance requirements
MRI Affordable Housing introduces intuitive, modern user experience and a raft of features to meet industry challenges, reinforcing company’s commitment and leadership in the sector Solon, Ohio – June 25, 2019 – MRI Software (“MRI”), a global leader in real estate software solutions, announces the launch of MRI Affordable Housing, an innovative property management and … Continued