One-Third of ICSC North American Top 50 Rely on MRI Software to Improve Performance, Gain Insights and Drive Decision Making

One-Third of ICSC North American Top 50 Rely on MRI Software to Improve Performance, Gain Insights and Drive Decision Making 

Experts from MRI Software Demo Real Estate Technology Solutions for Commercial Owners and Operators, Retail Tenants and Brokers at ICSC RECon 2017 in Las Vegas, May 20 – 24

Solon, OH – May 22, 2017 – MRI Software, a global leader in real estate software solutions, today announced that 30 percent of the International Council of Shopping Center’s top-50 North American shopping center ownership groups are using the company’s solutions to increase the performance of their assets, streamline processes and gain critical insights to power rapid decision-making.

MRI Software’s solutions for the shopping center real estate market address multiple roles within the industry, including commercial property owners and operators, retail tenants and real estate investment brokers:

  • Commercial Property Owners and Operators: The MRI Commercial Suite, which includes Advanced Retail, and the MRI Investment Suite together enable commercial landlords to increase performance of both retail leases and real estate operations. Organizations can maximize revenue by automating complex retail lease calculations and improve forecasting with increased visibility into financial performance. Firms can make more informed business decisions based on actionable insights into non-financial retail data with MRI’s AnalytiX Portal.
  • Retail Tenants: MRI Corporate Real Estate (CRE) empowers retail tenants to take control of lease expenses and terms by automating complex calculations and providing enhanced data visibility. Percentage rent, recurring payments and lease offsets are no longer shrouded in mystery, and retail tenants never need miss a critical lease term or deal with unpleasant financial surprises again.
  • Real Estate Investment Brokers: With the announcement that a commonly used valuation software product will discontinue support in the near future, many commercial real estate professionals will have little choice but to undergo a major implementation and migration burden. MRI’s Global Valuations offers an alternative to companies that are being forced to transition to a new platform that may not meet their unique business needs. With support for multiple valuation methodologies and deployment options including SaaS and desktop, MRI Global Valuations gives clients the flexibility to choose what works best for their organization. In addition, MRI provides the unique ability to share and collaborate on valuation files within the investment broker’s real estate community.

“MRI’s clients rank as some of the largest shopping center owners and operators based on total global square footage,” said Brian Zrimsek, Chief Product Officer at MRI Software. “With billions of dollars of assets under management, our clients require a comprehensive and flexible solution that can provide instant, accurate insight to guide operations and optimize business results. Our open and connected ecosystem means that clients can easily integrate partner and other third-party solutions into their framework to create the best fit for their specific business needs.”

MRI Software Solutions in Action: Phillips Edison & Company

Phillips Edison & Company (PECO) is just one member of the ICSC North American Top 50 using MRI’s software solutions. PECO owns and manages grocery-anchored shopping centers and uses MRI Software to manage more than 340 properties. MRI Software’s ability to configure the solutions and to integrate effortlessly with other critical applications was important to Shaun Smith, CIO at PECO.

“MRI’s comprehensive solutions removed the integration pain points by plugging into other key applications and improving our overall software ecosystem rather than trying to force us into a box of their creation. With MRI’s open ecosystem we are able to create the best possible system for our business’s unique needs at this time,” said Smith.

Before the firm deployed MRI Software, every month, the lease renewal group would run spreadsheets to ensure they had not overlooked expirations. Today, MRI keeps that data updated and fresh in real time. Likewise, MRI’s ability to automatically feed marketing data to the website and exchange data with the ERP system has saved the company hundreds of hours of work.

MRI Software will be demoing its solutions for the shopping center real estate market at booth N1224 in the Marketplace Mall at ICSC RECon 2017 in Las Vegas, May 20 – 24. For more information, please stop by the booth or request a meeting.

About MRI Software

MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge. For more information, please visit www.mrisoftware.com.

Leading European real estate firms rely on MRI Software to manage global portfolios

Savills Plc and TH Real Estate select MRI Software Version X for web-based property management solution

London, U.K. – April 13, 2017 — Prominent European real estate firms are turning to MRI Software, a global leader in real estate software solutions, to more effectively manage their local and global real estate portfolios and investments. Companies like Savills Plc, TH Real Estate, and others in the EMEA region have selected MRI Software’s web-based Version X property management and accounting platform to drive global operational efficiencies and provide an intuitive online experience for users.

Real estate technology is poised to be an integral tool for owners, operators, and investors to adapt their strategies in response to the potential impact of political and economic change. According to a 2017 research report from KPMG, the real estate industry will have to “live with uncertainty on an ongoing basis, particularly around what Brexit is likely to mean in practice for the UK and the EU.” Additionally, in a joint survey from PwC and the Urban Land Institute, entitled “Emerging Trends in Real Estate Europe 2017”, sixty-one percent of survey respondents indicated they plan to tailor their real estate strategy in response to demographic and social changes.

“For real estate companies across the globe, the ability to make strategic business adjustments based on changing market conditions will be critical for future success,” said Stephen Baker, Vice President, International and Strategic Markets at MRI Software. “MRI’s open and flexible Version X platform gives real estate investors and managers the agility to make the best decisions for their business, even during uncertain times.”

Savills Plc selects MRI Version X for property management

Savills Plc, a global real estate services provider, has selected MRI’s Version X platform to drive operational performance and efficiencies for its commercial property business in key European locations. Savills is one of the largest real estate companies in the world, and its property management team manages 230,000,000 square feet of property with a capital value in excess of £30 billion.

“Savills is delighted to continue our journey with MRI Software,” said Aron Feeley, Director and Head of Property Management Systems at Savills. “We continue to innovate how we provide solutions not only to our clients, but to our internal staff – be they property managers, financial analysts, operational, or site-based staff. We have developed a number of solutions that rely on MRI’s core platform. Without MRI’s open architecture, we simply wouldn’t be able to deliver this level of innovation. Version X builds on this further by ensuring we can always integrate with best-in-class solutions.”

TH Real Estate manages global investments with MRI Version X

TH Real Estate, one of the largest real estate investment managers in the world with c.$97bn in assets under management, is among the growing number of firms worldwide that benefit from MRI Software’s premier web-based Version X platform. Following a successful upgrade, TH Real Estate now has more than 400 total users at locations throughout Europe on Version X, including more than 30 managing agents. Users have the freedom to access MRI’s intuitive web-based interface from any device and any browser. TH Real Estate relies on MRI Software to track and manage a diverse set of holdings across multiple countries, including Austria, France, Germany, Italy, and the UK.

“The ability to access relevant property and investment data via the web gives our users and managing agents the freedom to focus on making the best decisions for stakeholders,” said Mark Griffiths, Director of IT and Operations at TH Real Estate. “The MRI team gives us the expertise and support we need to manage our real estate business.”

MRI’s London-based global professional services team worked in partnership with TH Real Estate to deliver a powerful yet flexible web-based property management solution. MRI’s unique ability to support local and global property management requirements gives TH Real Estate the flexibility to manage portfolio performance at the local and multinational level.

Supporting Resources:

About Savills
Savills provides consulting services in connection with commercial, residential and agricultural properties, property-related financial services and investment management, which includes investment management for institutional or professional investors. Savills operates from over 700 owned and associate offices, employing more than 30,000 people in over 60 countries throughout the Americas, Europe, Asia Pacific, Africa and the Middle East. For more information, visit http://www.savills.com/.

About TH Real Estate
TH Real Estate, an investment affiliate of Nuveen (the investment management arm of TIAA), is one of the largest real estate investment managers in the world with $97bn in AUM (as of 31 December 2016). Managing a suite of nearly 80 funds and mandates spanning both debt and equity across diverse geographies, sectors, investment styles and vehicle types, the firm provides access to every aspect of real estate investing. With offices in 20 cities throughout the US, Europe and Asia Pacific, over 500 professionals and 70 years of investing experience, the platform offers deep local expertise coupled with a sophisticated global perspective. TH Real Estate’s investment, asset management and corporate strategies grow from a deep understanding of the structural trends that will shape the future of real estate and responsible investing beyond market cycles. This ‘Tomorrow’s World’ approach sits at the core of our investment process and business operations, informing our long-term view of real estate investments for the enduring benefit of both clients and society. For more information, visit www.threalestate.com.

About MRI Software
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge. For more information, please visit www.mrisoftware.com.

Press contact:
Jeff Miller
LEWIS
mrisoftware@teamlewis.com
541.207.3461

Datex Property Solutions and ClickPay Partner to Provide Payment Solution for MRI Software Users Group Website

Los Angeles, CA – March 27, 2017 – Datex Property Solutions, makers of Datex BI, a real estate business intelligence platform, and developer of the website for the MRI Software Users Group (MRISUG), an organization of users of MRI Software, partnered with ClickPay to enable MRISUG members to securely pay their membership fees electronically.

The MRISUG was founded in 2002 with the goal of improving user expertise and leveraging best practices for optimization of MRI Software. MRI Software is used by thousands of real estate portfolio owners and operators across the commercial, retail and multifamily markets, and has been a market leader in the real estate software industry since its founding in 1971.

MRISUG members include property management, accounting and operations managers at a wide range of real estate companies across the multifamily, retail and commercial real estate spectrum. The MRISUG website provides an environment that encourages networking and dialogue between members, facilitating the sharing of member expertise as well as solving problems together.

ClickPay’s API seamlessly integrates with Datex, allowing MRISUG members to securely and conveniently pay their membership fees via ACH or credit card through ClickPay’s easy-to-use payment platform.

About Datex Property Solutions

Datex Property Solutions is the maker of Datex Business Intelligence (Datex BI), the market leading real estate business intelligence and data warehouse solution. Datex BI gives real estate portfolio owners visual, pushbutton simple access to their core real estate data. Datex turns insight into action through an approach called ‘Dashboard to Documents’, enabling folks to work smarter, see the whole picture, and have nothing fall through the cracks. Datex clients report a 40% improvement in the productivity of their property managers and accountants, resulting in significant recurring headcount savings. For more information, please visit: www.datexdata.com.

About ClickPay

As the leading provider of innovative billing and payment solutions for the multifamily and commercial real estate industry, ClickPay offers fully integrated billing, payment processing, and software services to accelerate the financial performance of its customers by reducing operating costs, creating operational efficiencies, and boosting resident satisfaction. These services provide property owners and managers with a customizable, electronic solution to bill and collect from their residents including online payments, lockbox, on-site check scanning, paper statements, and e-billing. ClickPay accepts all payment methods including e-check (ACH), paper check, debit and credit card, and American Express. Utilizing years of collective experience in the real estate, electronic payment, and technology sectors, ClickPay has developed a comprehensive suite of services focused on real estate technology and financial performance. For more information, visit www.clickpay.com.

Press contact:

Emily Wells
404.250.4018
emily.wells@MRIsoftware.com

MRI Software expands Asia presence with iRealz partnership

MRI Software expands Asia presence with iRealz partnership

New partnership provides local consulting and implementation services for high-growth real estate market in Asia

Solon, OH – February 9, 2017 – MRI Software, a global leader in real estate software solutions, announced today that iRealz, a company focused on delivering real estate software solutions to the Asian market, has joined the company’s Partner Connect program. Clients of MRI Software and iRealz will benefit from a streamlined process for service engagement, timely roll out of software updates, and the introduction of additional MRI functionality to the Asian market. MRI’s unique ability to configure to local requirements gives real estate investment firms and property managers in Asia the freedom to do business on a regional or multinational level.

“The addition of iRealz to the MRI Partner program reinforces our commitment to the expanding global market,” said Stephen Baker, Vice President, International and Strategic Markets at MRI Software. “Real estate firms in the Asian market will have access to the technology and services they need to grow their business locally and globally. Geographically, iRealz complements our current Asian office locations in Singapore, Hong Kong, and Sydney.”

Based in Singapore, iRealz has extensive experience implementing real estate software solutions for a variety of business functions, including property accounting and lease cycle management, asset management and investment accounting, leasing pipeline management, workflow design, budgeting and forecasting, management reporting, and more. iRealz supports clients located throughout Asia, including China, Japan, Hong Kong, Singapore, Malaysia, and Thailand.

“We are particularly excited to support MRI Software’s expanded product suite in the Asian market,” said Marcus Loy, iRealz Director. “Through MRI’s Investment Management suite, analytics capabilities, and feature-rich Version X platform, real estate firms in the region will benefit from sophisticated technology solutions while leveraging international best practices and improving operational efficiency.” 

Supporting Resources

MRI Asia website https://www.mrisoftware.com/asia/  

About iRealz

Based in Singapore, iRealz is a company with extensive experience implementing real estate Software Solutions for the Asia Pacific markets. iRealz management and staff have more than 40 years of combined experience and have successfully managed and implemented real estate software solutions across all the major counties in the Asia Pacific region including Singapore, Malaysia, Hong Kong, China, Japan,  Thailand and Australia. For more information, please visit http://www.irealz.com/.

About MRI Software

MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge.

Press contact:

Emily Wells
404.250.4018
emily.wells@MRIsoftware.com

MRI Software Announces Acquisition of ResidentCheck

MRI Software Announces Acquisition of ResidentCheck

Resident screening service expands MRI’s comprehensive and flexible technology platform for multifamily real estate owners, operators and investors

Solon, OH – February 6, 2017 – MRI Software, a global leader in real estate software solutions, today announced the acquisition of Dallas-based ResidentCheck, a provider of resident screening for the multifamily real estate industry. ResidentCheck’s extensive screening services enable property owners and operators to maximize financial performance and reduce resident delinquency rates.

“To stay competitive, today’s multifamily property operators require increased visibility into all stages of the resident lifecycle,” said Patrick Ghilani, Chief Executive Officer at MRI Software. “The acquisition of ResidentCheck expands MRI’s prospect and resident engagement capabilities while also formally establishing an MRI footprint in Texas. We’ve served numerous clients in the Dallas-Fort Worth area for many years, and we’re pleased to now establish an office in the region that will represent our full portfolio.”

ResidentCheck offers a unique combination of automated screening plus human diligence to provide a comprehensive background check service. In addition to credit and criminal background screenings, a dedicated team of employees conducts online and in-person research to verify the accuracy of information, giving property owners and operators significantly greater insight into the history of prospective residents. Screening services are available for conventional and affordable housing, and screening recommendations are tailored to specific client requirements for each property. Additionally, the integration of ResidentCheck’s screening services into MRI’s Multifamily Connect Suite will offer clients deeper insight into the relationship between an applicant’s initial screening results and future payment behavior.

“I’m very proud of what the ResidentCheck team has accomplished since we founded the company more than twenty years ago,” said Jorge Baldor, President and Co-Founder of ResidentCheck. “We are very excited to join MRI Software, a pioneer in the real estate technology industry. MRI’s deep client relationships and focus on innovation and scale will enable us to continue delivering new and improved services for our clients.”

“We want to thank our valued employees and our many loyal clients that have made ResidentCheck the success it is today. All of them will benefit from the new and innovative services that MRI Software offers,” said Kevin Hastings, Vice President and Co-Founder of ResidentCheck.

ResidentCheck will continue to serve its clients without interruption and remains committed to providing and supporting solutions for all organizations, regardless of their property management software. MRI Software will focus on alignment of shared services, sales and account management, and joint product development to integrate the ResidentCheck solution into MRI’s Multifamily Connect Suite. Similarly, MRI remains committed to providing choice and flexibility for its clients through an open and connected ecosystem. MRI’s Partner Connect program includes three screening partners, and the addition of ResidentCheck gives MRI clients even more freedom to choose the right screening solution for their needs.

This is MRI’s second acquisition in the multifamily sector within the last four months. In October 2016, MRI purchased CallMaX, a leader in automated, mobile front-office solutions, to streamline communications between residents and property managers. This transaction does not include ResidentCheck’s multifamily collections business, which will continue to service its existing clientele as a stand-alone entity. Shea & Company acted as the exclusive financial advisor to MRI Software and their private equity sponsor, GI Partners.

About ResidentCheck
ResidentCheck is a national provider of resident screening and pre-employment screening for the multifamily real estate industry. ResidentCheck gives multifamily clients visibility into the direct correlation between front-end screening and bad debt recovery to provide a total risk management solution.

About MRI Software
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge. For more information, please visit www.mrisoftware.com.

 

Press contact:

Emily Wells
404.250.4018
emily.wells@MRIsoftware.com

MRI Software Partners with Waypoint for Real Estate Performance Benchmarking

MRI Software Partners with Waypoint for Real Estate Performance Benchmarking

New partnership expands Commercial Real Estate financial benchmarking capabilities

Solon, OH – December 21, 2016 – MRI Software, a global leader in real estate software solutions, is pleased to announce that Waypoint has joined the MRI Partner Connect program. As a financial benchmarking and expense management platform for the commercial real estate industry, Waypoint enables its clients to see and improve property performance against the market.

“We’re excited to add Waypoint to our Partner Connect program,” said John Ensign, Executive Vice President and General Counsel at MRI Software. “The financial benchmarking capabilities offered by Waypoint will enable our commercial real estate clients to reduce operating costs and gain competitive advantage through actionable analytics.”

Through MRI’s partnership with Waypoint, MRI clients can gain a better understanding of how their real estate assets are performing financially in comparison to the local market index. With Waypoint, real estate professionals can identify expense outliers, validate the financials of potential acquisitions, and provide higher quality performance reporting.

“Waypoint is excited to partner with MRI Software to bring innovative solutions to the real estate industry,” said Diane Vrkic, CEO of Waypoint. “Waypoint is dedicated to empowering real estate professionals with trusted market intelligence and expense management tools that increase productivity and unlock asset value.”

The Waypoint platform services over 1.75 billion square feet across 275 U.S. markets. By providing unprecedented visibility into the financial performance of real estate, Waypoint empowers clients to make more strategic, data-driven decisions.

About Waypoint

Founded in 2009, Waypoint is a leading performance analytics and asset management platform for the commercial real estate industry. The company’s mission is to improve the way decision makers access and use information to drive asset value by decreasing expenses and improving operational excellence across our clients’ portfolios. For more information, please visit www.waypointbuilding.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 45 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 Atlanta, Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit www.mrisoftware.com. 

Press contacts:

Emily Wells
MRI Software
404.250.4018
emily.wells@MRIsoftware.com

MRI Software Partners with Nexus Systems to Launch AP Automation for International Markets

MRI Software Partners with Nexus Systems to Launch AP Automation for International Markets

Accounts payables automation saves time and money for real estate accounting teams

Solon, OH—November 17, 2016 – MRI Software, a global leader in real estate software solutions, announced today a new product developed in conjunction with its long-time partner, Nexus Systems, a leading provider of accounts payable (AP) and procure-to-pay applications. MRI AP Automation Powered by Nexus Systems is a new MRI procurement and payables product that provides an entirely paperless and automated procurement and accounts payable solution to the company’s clientele operating in Canada, Central and South America, EMEA, Asia, and ANZ. An extension of MRI’s financial management suite, MRI AP Automation Powered by Nexus Systems couples intuitive, consumer-oriented purchasing capabilities with the robust approvals and controls accounting and finance users require. MRI AP Automation provides accounting teams greater visibility into expenditures and improved expense management control to increase operational efficiency and streamline costs.

“This new product extends our promise of innovation and investment to our clients operating outside the United States,” said Patrick Ghilani, Chief Executive Officer of MRI Software. “MRI AP Automation Powered by Nexus Systems leverages the flexibility and openness of MRI’s flagship Version X property management platform to deliver true interoperability and a unified user experience across two enterprise software platforms.”

MRI AP Automation Powered by Nexus Systems allows accounting teams to digitally manage each aspect of the procurement process, including on-site purchasing, purchase orders, sophisticated approval workflow, invoice data capture, budget and actuals comparisons, vendor compliance and comprehensive reporting. Integration via MRI’s Information Exchange (MIX APIs) provides a secure and automatic two-way data exchange.

“Nexus Systems is extremely excited to extend its relationship with MRI Software into international markets to continue to provide best-of-breed solutions for AP management,” commented Thomas Coolidge, CEO of Nexus Systems. “We look forward to building on a successful partnership that spans close to 15 years and supports hundreds of mutual clients.”

MRI AP Automation Powered by Nexus Systems is available immediately for MRI’s property management clients operating in Canada, Central and South American, EMEA, Asia, and ANZ.

Supporting resources:

About Nexus Systems

Nexus Systems is the leading provider of web-based applications that drive business process efficiencies and business process accountability, focusing on the accounts payable realm. From its inception in 1999, the team at Nexus Systems has worked diligently to maintain its reputation as a highly responsive, innovative, and dynamic software company. Nexus Systems is a privately held company headquartered in the Washington, DC Metropolitan Area in Falls Church, Virginia. Its staff is comprised of technically savvy, hand-picked professionals with a dedication to satisfying each customer. Its flagship product, NexusPayables, automates the traditionally paper intensive accounts payable procure-to-pay process and is recognized as the best-in-class paperless solution. The NexusPayables application enjoys continued success as a result of its mature and robust functionality, intuitive interface, flexibility, compatibility with other systems, and overall ease of use.

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 45 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 Atlanta, Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit www.mrisoftware.com.

Press contacts:

Emily Wells
MRI Software
404.250.4018
emily.wells@MRIsoftware.com

Jennifer Shaw
Nexus Systems
703.524.9101
jshaw@NexusSystems.com

MRI Software Announces Launch of Investment Accounting

MRI Software Announces Launch of Investment Accounting

Expanded Investment Management suite offers automated consolidated financials and investor accounting for real estate investment funds and REITs

Solon, Ohio – November 15, 2016 — MRI Software, a global leader in real estate software solutions, announced the launch of Investment Accounting, an automated accounting and consolidated financials solution. Investment Accounting automates the time-consuming and manual process of generating consolidated financial statements, manages contributions and distributions, and provides unrivaled flexibility in investor reporting. Additionally, Investment Accounting allows clients to streamline labor-intensive and error-prone processes, ensure auditability, and keep key investors informed.

“The Investment Accounting solution is designed to help our clients manage the accounting and reporting associated with all types of real estate investment structures,” said Stan Price, Vice President, Investment Management Solutions at MRI Software. “The ability to understand and communicate investment performance to key stakeholders is part of our unwavering commitment to providing a comprehensive investment management solution for the real estate industry.”

With intuitive fund structure setup, account mapping, and the ability to handle details such as elimination entries and past period adjustments, Investment Accounting is designed for even the most complex fund structures. Sophisticated capital processing handles commitments, capital calls, and contributions. Its tailorable waterfall engine supports complex distributions and allows investor payments to be calculated reliably in minutes. With a complete set of investor books and a robust, customizable report engine, Investment Accounting offers users the most flexible investor reporting available.

Investment Accounting is the latest innovation in MRI’s industry-leading Investment Management suite, which helps clients understand, manage, and communicate the performance and risks of deployed capital to drive maximum returns. In addition to Investment Accounting, the unmatched solution provides investment performance and strategic modeling, as well as full investor management as a result of MRI’s acquisition of Integratec Services in June 2016.

Investment Accounting is built within the MRI Financials suite, ensuring data integrity and streamlining clients’ business processes to power a single experience. Investment Accounting is currently available on MRI Version X.4, the newest release of the award-winning Version X solution.

Supporting Resources

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 45 years of business experience to develop long-term successful relationships with its clients. Founded in Cleveland, Ohio, the company has offices in Cleveland, Atlanta, Toronto, London, Sydney, Singapore and Hong Kong. For more information, please visit www.mrisoftware.com.

Press contact:

Emily Wells
404.250.4018
emily.wells@MRIsoftware.com