News

MRI Software Acquires Palace, New Zealand’s Leading Property Management Solution Provider

Global PropTech company extends its footprint in ANZ with addition of software for regional property managers and agencies Auckland, New Zealand – 31 March, 2021 – MRI Software, a global leader in real estate software, announces that it has acquired Palace, New Zealand’s market-leading provider of residential property management solutions. The acquisition extends MRI’s offering … Continued

Lease Pricing Rebounded to Pre-Pandemic Levels in February, but Concessions Remained at Historic Highs

Latest Report from MRI Software Tracks Effects of COVID-19 on Market-Rate Housing Throughout the U.S. Solon, Ohio – March 11, 2021 – New lease pricing finally reached the prior year’s levels in February, but concession values remained at historic highs for the second consecutive month, according to the latest report from Proptech firm MRI Software … Continued

MRI Software Acquires WhosOnLocation, Adding Global Workplace Safety and Security Offering

PropTech category founder bolsters its workplace management capabilities with addition of integrated set of employee, visitor and contractor management applications Solon, Ohio – March 4, 2021 – MRI Software, a global leader in real estate software, announces that it has acquired New Zealand-based WhosOnLocation, which provides an integrated solution that empowers organizations to address workplace … Continued

MRI Software Enters Agreement to Acquire Manhattan Real Estate and Workplace Solutions from Trimble

Global PropTech provider boosts its workplace management offering, enhancing its unique position to serve real estate owners, operators and occupiers Solon, Ohio – February 17, 2021 – MRI Software, a global leader in real estate software, announces that it has entered into an agreement to acquire Manhattan, the real estate and workplace solutions division of … Continued

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

MRI Software Acquires AMTdirect, a Provider of Lease and Facilities Management Solutions

Proptech Firm Broadens Market Footprint and Increases Scale of Offerings for Corporate Occupiers Solon, Ohio – January 27, 2021 – MRI Software, a global leader in real estate technology, has acquired AMTdirect (AMT), a North Carolina-based provider of lease accounting, lease administration and facilities management solutions for corporate occupiers and lessees. Clients across a wide … Continued

Collections in Affordable Housing Rebound in December; Occupancy Tightens Across All Asset Classes

Latest Report from MRI Software Tracks Effects of COVID-19 On Market-Rate, Affordable, and Public Housing in the U.S. Solon, Ohio – January 13, 2021 – Although uncertainty surrounding a stimulus package characterized most of December, rates of collections in affordable and public housing were surprisingly high for the month, with public housing reaching 97% of … 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