News
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
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
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