Property management firm, Residential One, chooses MRI Software again to provide property management and accounting solutions for their portfolio of over 7,000 units.
Cleveland, Ohio- Residential One recently made the decision to extend their working agreement to utilize MRI Software’s suite of affordable/conventional property management and accounting solutions.

Residential One, headquartered in Columbia, MD, has been in business serving the apartment management industry in the Maryland, D.C. and Virginia markets since 1999. As a full-service organization, Residential One specializes in the management of multifamily real estate in both affordable and market-rate, and has a growing portfolio of more than 7,000 units. In addition to providing expert, hands-on property management, the firm also provides construction, renovation, due-diligence inspections, and professional education.

“Our business is growing, and our clients are becoming increasingly demanding in the information we offer them,” said Mike Resau, Vice President and CIO of Residential One. “With MRI Software, not only did we receive top-notch service, but we feel we have the flexibility and benefit of an open platform to access the information we need. Plus, with MRI’s Partner Connect Program, we are enabled to plug and play with third-party software solutions that best meet our needs. “

“It’s so important to us to build long-term relationships with our clients and I’m thrilled that Residential One wants to continue working with us,” said Patrick Ghilani, Chief Executive Officer of MRI Software. “We strive to give our clients the flexible and scalable solutions that they need by listening to their feedback and working with them to meet their unique business needs. I’m looking forward to helping them continue to grow their portfolio.”

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 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 mrisoftware.com.

About Residential One
Residential One is an award winning property management firm with more than 7,000 units. They represent third parties including individual owners, non and for profit organizations, family trusts, government, and quasi-government agencies in Maryland, Virginia, and Washington, DC.

SECU chooses MRI Software’s robust suite of products, providing the flexibility and functionality needed to meet their unique business requirements.

Cleveland, Ohio – State Employees Credit Union (SECU), the 2nd largest credit union globally, has chosen MRI Software as their property management software provider. SECU will implement a large array of MRI products across their portfolio including Accounts Payable, Application Toolkit, Audit Trail, Budgeting & Forecasting, Corporate Real Estate, Facility Management, General Ledger, JobCost, Purchase Order, Report Design, Residential Management, Web Design, and Workflow Design.

SECU made the decision to utilize MRI Software based on MRI’s ability to provide the flexibility and functionality to meet their unique business requirements. MRI demonstrated its ability to effectively implement its products in the SECU environment while providing a tailored solution for their SECU*RE division. This, combined with the robust product offerings, helped solidify the decision to grow their business with MRI Software.

“As the Credit Union’s property management subsidiary, State Employees’ Credit Union Real Estate (SECU*RE), continues to expand, so does the need to implement a more efficient tracking and reporting system,” says Edward Hoffman, SECU’s Executive Vice President of Property Management.  “In researching solutions, we found that MRI Software will provide SECU*RE with the tools to simplify and enhance many of our day-to-day processes, while also aiding with the extensive compliance and regulatory requirements.  Additionally, the software will further benefit SECU with facilities management of our network of 1,100 ATMs and 260+ branch and operations buildings throughout North Carolina, providing even greater functionality.”

“We are thrilled to begin this relationship with SECU,” said Patrick Ghilani, Chief Executive officer of MRI Software. “After working with the SECU team to understand their business and the unique requirements of their SECU*RE division, we have identified ways to create specific workflows and processes which will not only enable SECU to efficiently and effectively run their day-to-day business activities, but accomplish this with a singular solution which they can configure as their organization continues to evolve.”

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, U.S.A., the company has offices in Toronto, Atlanta, London, Sydney, Singapore, and Hong Kong. For more information, please visit www.mrisoftware.com.

About SECU

A not-for-profit financial cooperative owned by its members, SECU has been providing employees of the State of North Carolina and their families with consumer financial services for 79 years.  The Credit Union also offers a diversified line of financial advisory services including retirement and education planning, tax preparation, insurance, trust and estate planning services, and investments through its partners and affiliated entities.  SECU serves over 2 million members through 255 branch offices, 1,100 ATMs, 24/7 Member Services via phone and a website, www.ncsecu.org.

Cleveland, OH – MRI Software, a global leader in property and investment management solutions, is excited to announce the latest release of its flagship investment performance suite MRI Investment Management (IM). The latest release (8.31) continues MRI’s strategy focused on unification, usability, and decision support, which ensures the MRI client experience is enhanced and the solution is optimized to drive superior investment modeling and analysis over actionable data.

MRI IM’s key goal of unification targets coalescence across the client’s real estate technology ecosystem. The solution has been engineered to simplify the client’s business process, track valuation progress, and facilitate intercompany collaboration through its secure, web-enabled file sharing technology, MRI•SHARE. By focusing on the real estate lifecycle rather than siloed product stacks, MRI IM is providing an integrated accounting, performance management, and investor reporting experience. The new release also launches enhanced XML integration, allowing for robust external and ad-hoc integration.

The second key area of usability means understanding how clients use software and furthers making the experience more user-friendly.  In MRI IM 8.31, the user and implementation experience has been significantly enhanced with the introduction of a new, cleaner interface and optimized search capabilities. The international interface has also been improved with regional-specific terms and reporting. Finally, the addition of a fund organogram allows users to graphically view, model, and analyze complex entity structures with ease.

MRI’s final focus, decision support, is reinforced by both functional and technological enhancements to its industry-leading sensitivity modeling. Self-service capabilities are also available, allowing the user to personalize MRI’s extensive standard reports available to meet specific requirements. Core IM functionality now includes new scenarios for foreign exchange, as well as enhanced fund and JV waterfall handling and support for additional asset classes, such as debt as equity. MRI Investment Management now empowers its users to better analyze and act on commercial, retail, financial, and investment data.

“Investment Management 8.31 continues our innovation, bringing significant new capabilities to the market, highlighted by the introduction of MRI•SHARE. This release furthers clients’ abilities to optimize their business processes and investment performance,” said Brian Zrimsek, Chief Product Officer of MRI Software. “This release’s focus on collaboration and the user experience is propelled by our pledge to provide an elegant, powerful solution for all aspects of the real estate industry.”

To learn more about all of MRI’s Investment Management Solutions, visit: https://www.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 Solon, Atlanta, Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit https://www.mrisoftware.com

Cleveland, Ohio- SVN Stone Commercial Real Estate recently selected MRI Software as their property management software provider and they will leverage the MRI Commercial Management Suite, including Property Management, Accounts Payable, General Ledger, and Advanced Retail.

SVN Stone Commercial Real Estate considered many industry competitors, but the decision to select MRI Software was based on their need for a more powerful system than they currently use to manage their growing portfolio.

“We are excited to implement MRI’s solutions. It was clear as we grew that we needed a better solution to better serve our clients, and MRI will allow us to work more efficiently and streamlined, all while serving our clients long term needs,” said Matt Stone, Managing Director of SVN Stone Commercial Real Estate. “MRI’s status as a preferred vendor of SVNIC helped to confirm our decision to implement their suite of commercial property management and accounting software.”

“SVN Stone identified a need for a more robust and accommodating solution for their firm,” said Brian Zrimsek, Chief Products Officer of MRI Software. “At MRI Software, we strive to give our clients a flexible, scalable solution that empowers their growing commercial portfolios, and we are excited to do so with SVN Stone.”

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

About SVN Stone Commercial Real Estate

The staff of seasoned professionals at SVN are committed to providing the highest quality real estate services to clients by utilizing their extensive experience, the SVN National Marketing Network, and the unique philosophy of fully cooperating with other real estate brokers.

The Lexington branch of SVN is affiliated with the SVN National Network, which is comprised of 800 advisors in 45 states. This network offers a local, regional, and national platform to market properties and provide services. Their advisors bring the advantage of over 60 years of combined professional real estate experience.

The SVN Lexington Team consists of experienced Commercial Real Estate Advisors in offices the heart of the Bluegrass. We advise Buyers, Sellers, Landlords and Tenants with one result in mind – profitability for our clients. The complex nature of commercial real estate requires specialization and our advisors focus by product type as well as by market. For Central Kentucky Commercial Real Estate, Central Kentucky Investment Properties, or Office Space in Central Kentucky, all you need to know is SVN.

 

The combination elevates MRI’s Investment Management Suite to unprecedented capabilities in the global real estate marketplace.

Solon OH, June 3, 2016: MRI Software LLC, a leading provider of property and investment management solutions for the global commercial real estate market, announced the acquisition of Atlanta-based Integratec Services, LLC, a provider of software and services that manage the full lifecycle of real estate investments.

Integratec’s talented team and innovative solutions will become a part of the MRI Investment Management Solution Suite, while also maintaining an appropriate autonomy to serve all clients, regardless of their affiliation with MRI’s Property Management and Accounting Platform. The combined organizations will offer one of the most robust investment management suites available in the market, serving all asset classes, covering both equity and debt, for real estate investors, lenders, fund managers, developers, and owners.

In addition to strengthening MRI’s footprint in the Affordable Housing and Private Equity Real Estate markets, Integratec will add industry-differentiating capabilities to the MRI Software family, including comprehensive data aggregation services, custom investor reporting services, and personalized investor portals for communication and collaboration.

“I’m extremely pleased to welcome the Integratec employees, clients, and solutions to the MRI family and thrilled to raise the MRI Software banner at our new Atlanta location,” said Patrick Ghilani, Chief Executive Officer of MRI Software. “Integratec’s culture and commitment towards client personalization and flexibility are perfectly aligned to MRI’s global mission, and today we collectively bring to the commercial real estate investment community a comprehensive software suite with unprecedented capabilities.”

Dave Czabala, Integratec co-Founder and Principal, commented, “Joining MRI is the next logical step in our journey. There are natural synergies in investment and property management, including a deep focus by both organizations on servicing the affordable housing sector.” Integratec co-Founder and Principal Stan Price added, “We could not be happier to have found a long term home in MRI Software, where our valued team and products can thrive for many years to come.”

While Integratec will continue to operate as a business unit with full continuity of leadership and team members, integration activities will begin with MRI’s corporate shared services, sales and account management alignment, and collaboration of product teams. Both MRI and Integratec clients will continue to be served without interruption as steps are taken to provide the additional benefits that this powerful combination will provide.

About MRI Software LLC

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 www.mrisoftware.com.

About Integratec Services LLC

The Atlanta-based company provides full life cycle real estate investment management and reporting software and services. Founded in 2002, Integratec currently supports a significant client base with investments across all asset classes totaling more than $85B in equity and debt. Integratec’s combination of Software as a Service and software-enabled services provide a unique, cost-effective solution for real estate investors, lenders, fund managers, developers, and owners. For more information, please visit www.integratec.biz.

 

 

Media Contacts

Alexis Jaffe

Marketing Communications Coordinator, MRI Software LLC Alexis.Jaffe@mrisoftware.com

 

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.

About Caritas

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.

 

MRI Software received the award for Best Software Product for its flagship property management software product, MRI Version X, at the OHTec’s Best of Tech Awards.

Cleveland, Ohio- MRI Software’s Version X was recently named Best Software Product by OHTec at the 10^th anniversary of the Best of Tech Awards. OHTec, a technology talent, growth and advocacy association, launched the event in 2006 in an effort to create more awareness of the tech industry in northeast Ohio.

The award for Best Software Product was based on various aspects the software, including markets served, business needs addressed, product delivery method, sales process, expected growth potential, and customer success stories.

Started in Cleveland, Ohio in 1971, MRI Software has continued to drive innovation in real estate software while staying committed to the northeastern Ohio region. The Version X platform ushers in a new era of property management software, which retains the powerful functionality, flexibility, and robustness clients expect, while leveraging consumer-oriented technologies to provide an optimal user experience. The Version X platform meets evolving user expectations with flat menu structures, intuitive navigation, device and browser independence, and task-driven search capabilities, all within a modern, easy-to-use interface.

Many users of MRI Software have experienced tremendous benefits from Version X. The product has impressed clients by allowing users to tailor the solution to the needs of their business, in turn reducing time spent on day-to-day tasks. Users have also benefited greatly from the mobile aspects of Version X, allowing them to run their business from anywhere at any time.

“Version X has been a turning point for our business and we are very proud of the capabilities it delivers and how rapidly our global client base has adopted it,” said Patrick Ghilani, Chief Executive Officer of MRI Software.  “OHTec’s recognition validates our hard work and we are pleased to be in a leadership position for technology in Northeast Ohio.  This is an incredible honor and reinforces our belief that Ohio is a real player in the technology industry.”

As MRI Software continues in its 45^th year of business, providing solutions for real estate, it pledges to remain focused on technology innovation and growth in Northeast Ohio while serving national and international real estate and investment management markets.

About MRI Software, LLC.

MRI offers business management software solutions to the global property management and investment industries as well as to corporate real estate managers. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the multifamily, commercial, and investment advisor companies, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its 40 years in business to develop long-term successful relationships with its clients. For more information, please visit https://www.mrisoftware.com.

About OHTec

Founded in 1998, OHTec has nearly 700 members representing all facets of information technology: software development, IT services, website design and development, custom application development, IT recruiters and others. OHTec is an industry-led, industry-driven membership organization dedicated to furthering the growth and development of our region’s technology-based businesses.

MRI Software’s flexible apartment reservation system facilitates content management and reservation feature integrations with the fast-paced online rental marketplace.

Cleveland, OH – MRI Software, an industry-leading provider of award-winning property management, accounting and marketing software, announced the recent addition of the popular online rental marketplace, Nestigator, to its growing list of Internet Listing Services (ILS) that are integrated with MRI’s Market Connect. With the ability to enhance advertisements via the solution’s content management and reservation capabilities on more than 20 high-quality online advertising sources, the Market Connect solution empowers apartment hunters to begin the leasing process online, when and where it’s convenient for them.

Nestigator connects property owners and managers with apartment seekers in a transparent and convenient way. As a personalized recommendation engine, Nestigator help users find homes that best compliments their lifestyle, tastes, and personality.

“Nestigator is pleased to partner with MRI Software and Market Connect to provide free online listing exposure to multifamily owners, operators and managers,” said Jerry Slavonia, CEO of Nestigator. “The Nestigator.com platform aims to revolutionize real estate search with relevant local neighborhood content integrated with a comprehensive listings menu.”

“Nestigator has a unique and impressive method for matching apartment seekers with a home and neighborhood that embodies everything they are,” said Patrick Ghilani, Chief Executive Officer at MRI Software. “We are thrilled to quickly enable our clients with the joint power of MRI Market Connect and the Nestigator solution”

About MRI Software

MRI offers property management software solutions to the global real estate management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, visit www.mrisoftware.com.

About Nestigator

A home is not just four walls. It is also your favorite artisanal coffee shop on the corner, the teachers at the school down the street, the family of gnome statues in your neighbor’s yard, and even the cheerful sidewalk chalk drawings made by children over the weekend. It’s the community that shapes your experiences, triumphs, and struggles, and it’s what will ultimately shape your future.

As a personalized recommendation engine, Nestigator is getting to know the world’s billion+ homes and the neighborhoods they are a part of to help you find the one place that best complements your lifestyle, tastes and personality.