Lovely Becomes Latest Addition to the Rapidly Expanding VaultWare Apartment Content Syndication Network

Cleveland, OH – MRI Software, an industry-leading provider of award-winning property management, accounting and marketing software, today announced the recent addition of the popular online rental marketplace Lovely to its growing list of Internet Listing Services (ILS) that are integrated with MRI’s VaultWare Apartment Reservation System. 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 VaultWare solution empowers apartment hunters to begin the leasing process online, when and where it’s convenient for them.

Lovely is the first real rental marketplace designed to help renters search, apply and pay rent directly from their mobile devices and web in a single, fully integrated platform. Additionally, Lovely Pro helps property owners and managers find the best, most qualified tenants. From personal experience, the company recognizes just how painful it can be to rent an apartment, and thus thinks it should be faster, easier and more transparent for both sides.

“We aim to provide our renters access to the best inventory available in real time. We are excited to begin our partnership with VaultWare to help facilitate a larger supply of inventory on our website and mobile apps,” said Erik Preston, Director of Supply at Lovely. “We are very much looking forward to integrating VaultWare into Lovely in an effort to continuously enhance the positive experience for our loyal users. It is our goal to make the entire rental process, from beginning to end, as transparent, stress-free and streamlined as possible.”

MRI’s VaultWare Apartment Marketing Suite provides consumer-centric apartment marketing, leasing and market analysis capabilities focused on delivering an ideal online shopping experience that results in streamlined operations, highly qualified leads and more leases. VaultWare features automated content updates including current pricing and availability drawn directly from their property management software or revenue management system, which results in consistent content across the client’s VaultWare-powered online advertisements. Additionally, the solution encourages prospective residents to begin the leasing process while the prospect is most engaged by allowing them to reserve a specific, currently available apartment that fits their needs. With many VaultWare client’s experiencing lease conversion rates as high as 25% for requests-to-hold of specific, currently available apartments, to 50% lead to lease conversion rates for pre-qualified apartment reservations, the addition of VaultWare’s capabilities to LiveLovely.com provides mutual clients with a powerful tool that generates easily apparent results.

“We’re pleased to be able to expand the reach of the VaultWare solution to Lovely’s apartment search and prospective resident engagement platform,” said Stephen Baker, Vice President of Product Management at MRI Software. “Partnerships with forward-thinking, innovative online marketing solutions like LiveLovely.com are a significant factor in VaultWare’s success and we’re confident that our mutual clients will experience a strong return on their investment and most importantly sign more leases.”

For more information about the VaultWare Reservation System as well as the entire lineup of VaultWare Apartment Marketing solutions, please visit https://www.mrisoftware.com/vaultware-products. To learn more about Lovely, please visit LiveLovely.com.

About MRI Software
MRI offers property management software solutions to the global property 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, please visit https://www.mrisoftware.com.

About Lovely
Lovely is the first real rental marketplace that allows renters to search, apply, and pay rent directly from their mobile devices while helping property owners and managers find the best, most qualified tenants. We know from personal experience just how painful it can be to rent an apartment, and we think it should be faster, easier and more transparent for both sides. Lovely was founded in 2011 and is headquartered in San Francisco, Calif.

MRI Software Appoints Patrick Ghilani as Chief Executive Officer

Cleveland, OH – MRI Software, the leading provider of real estate software solutions, announced today the appointment of the Company’s President and Chief Operating Officer, Patrick Ghilani, to Chief Executive Officer. As CEO, Ghilani will drive MRI’s corporate vision, product strategy, and all operations, including sales, services, and support for a rapidly growing client base.

“Throughout a forty year history, MRI has continually proven it’s the market and technology leader in providing the most flexible and scalable solutions in multifamily and commercial real estate,” said Ghilani. “It is a privilege to lead this dynamic organization into its next phase of growth. I am passionately committed to ensuring that our 2,000 clients around the globe benefit from our innovative products and dedicated people.”

Ghilani joined MRI in 2006 as the Vice President of Global Professional Services, building the company’s industry-leading consulting and implementation services team. Appointed Chief Operating Officer in 2012, Ghilani spearheaded productivity and client experience improvements while leading all client operations, including Professional Services, Client Support, and SaaS hosting. As President & COO, Ghilani has been leading corporate growth initiatives targeting both geographic and innovative product expansion.

Prior to MRI, Ghilani held executive roles building and managing professional and support services organizations for both SmartOps Corporation, a provider of supply chain software (now an SAP Company), and for technology consulting services firm, UBICS, Inc. As a management consultant with Ernst & Young LLP, Ghilani was an industry vertical leader, with global sales, management, and delivery responsibilities of large scale ERP application implementations for the Fortune 500. With over 20 years of experience in the enterprise application arena, Ghilani has successfully managed both the strategy and operations of sizeable technology organizations, serving multiple global industries, including over 10 years in the commercial and multifamily real estate vertical. He received a Bachelor of Arts in Business-Supply Chain Management from Michigan State University.

Mr. Ghilani succeeds David Post, who was promoted to an executive role at another portfolio company of Vista Equity Partners, and will remain a board member of MRI Software.

About MRI Software
MRI offers property management software solutions to the global real estate management and investment industries. As the 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, please visit https://www.mrisoftware.com

Crain’s Cleveland Business Names MRI Software as One of Cleveland’s Healthiest Employers

Cleveland, OH – MRI Software, the award-winning property management solution provider, was honored with one of Crain’s Cleveland Business’s Health Care Heroes Awards in the category of “Healthiest Employers.” Along with six other local businesses, MRI was recognized for its corporate wellness program and efforts to positively impact the health of its employees.

Crain’s Cleveland Business’s Health Care Heroes recognizes some of the individuals and organizations working to improve the lives and health of the residents in Northeastern Ohio. Now in its seventh year of existence, Crain’s is happy to reward and formally acknowledge the winners for their outstanding efforts and achievements.

“It was important for our wellness program to be a step above the competition to prove that we value our employees’ health and happiness both inside the office and out,” said John Ensign, General Counsel & Vice President, Corporate Development, at MRI Software. “Thus we strive to reward healthy behavior and cover up to ninety percent of our team’s HSA deductibles.”

To learn more about Crain’s Health Care Heroes, visit the Crain’s Cleveland Business website.

For more information about a career at MRI Software, visit our website.

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 https://www.mrisoftware.com.

Dynamic Lead Solutions (DLS) Joins MRI’s Best-of-Breed Partner Connect Network

Cleveland, OH – Dynamic Lead Solutions, a New York based company that strives to streamline the entire residential leasing process for its clients, has decided to partner with MRI Software and integrate with its award-winning property management solutions. As the newest member of MRI’s rapidly expanding Partner Connect program, DLS will track residential leads and prospects to lease and beyond, working proactively within MRI’s Residential Management system to increase the conversion of leasing inquiries to residents. The system achieves these results by ensuring leads are followed up with in a timely manner and provides analytics on advertising source and sales staff performance.

Per Mark Goldberg, CEO & co-founder of DLS: “Our goal in partnering with the MRI Residential Community is to provide our world-class, integrated CRM system that is focused on the multi-housing market. We built a simple, flexible and accountable system and process. Benchmark metrics are established to monitor staff performance and advertising ROI’s. We are committed to providing outstanding customer service to our clients.”

“We are excited to add more depth to our property management software platform via this best-of-breed solution,” said John Ensign, General Counsel and Vice President of Corporate Development at MRI Software. “Dynamic Lead Solutions’ ability to configure their product to each individual client’s needs is a benefit that MRI strives to provide in its own product suite, thus it was a natural choice to partner with a solution that extends additional leasing efficiency benefits to our clients.”

DLS will join MRI as part of the MRI Partner Connect program, an industry-leading endeavor that facilitates MRI’s unique go-to-market strategy. The program is focused on providing MRI’s and its partners’ mutual clients with the ability to leverage best-of-breed solutions alongside MRI’s award-winning real estate management products. MRI selects market-leading solutions in business-critical areas for their clients, and then cements firm business partnerships with those companies. The program is focused on structuring relationships and integrations for mutual clients that offer a high confidence, low risk solution to property and investment management processes. The Partner Connect Program is a prime example of MRI’s commitment to powering maximum flexibility for their clients.

For more information about Dynamic Lead Solutions, visit http://www.dynamicleadsolutions.com or contact Pat Daly, National Sales Director, at pat(at)dynamicleadsolutions(dot)com.

For more information about the MRI Partner Connect program, visit our website.

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 https://www.mrisoftware.com.

About Dynamic Lead Solutions
Dynamic Lead Solutions is a customer relations management system that tracks all marketing leads to the lease. An easy-to-use system that creates a thorough follow-up to assure a complete, professional customer experience while analyzing the data to determine the performance of both your marketing sources and sales staff. One of the best advantages that DLS has over any of its competitors is that it can be personalized and customized to fit the needs of your management company. For more information, visit http://www.dynamicleadsolutions.com.

Farmworker Housing Development Corporation Selects MRI Software’s Bostonpost to Manage Their Affordable Housing Properties

Cleveland, OH – Farmworker Housing Development Corporation (FHDC), an Oregon non-profit Affordable Housing Developer and Management Agent, sought a property management solution that could streamline their affordable housing portfolio. After learning of Bostonpost’s in-depth reporting capabilities, automatic compliance updates, and ability to handle a complex mix of affordable housing subsidies, FHDC saw the value in partnering with MRI.

Designed specifically for the affordable housing market, Bostonpost is a web-based software application for clients working within subsidy programs such as USDA, HUD, HOME, and Public Housing. The solution handles compliance for any combination of affordable housing funding programs, significantly decreasing the administrative workload on property managers. Additionally, Bostonpost features a fully automated resident certification process that includes a built in pass/fail reporting system which validates and confirms data as it’s submitted. Especially useful is the intelligent waitlist and turnover processing functionality, which only pre-selects applicants that are eligible for the unit in question.

“FHDC manages several properties that are dependent upon accurate reporting for several affordable housing subsidies,” said Patrick Ghilani, COO and President of MRI Software. “Bostonpost will ensure that they are receiving the maximum reimbursement, and ensure that all properties are compliant with industry standards.”

With over 300 online reports that can be emailed, printed, or exported, as well as comprehensive maintenance tracking and invoice processing, Farmworkers will have an efficient web-based solution for managing its property portfolio. In one application, they will have everything needed to automate, monitor, and streamline their entire process of property management operations.

For more information about MRI Bostonpost, visit our website.

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 https://www.mrisoftware.com.

About Farmworkers Housing Development Corporation
The Farmworker Housing Development Corporation (FHDC) was established in 1990 when Oregon Legal Services, Salud Medical Center, Farmworkers United (PCUN) and Farmworker Ministries joined forces to create a solution for the development of affordable housing for low-income agricultural workers. Over the past 24 years, FHDC has conceptualized, developed, constructed, and managed numerous large-scale multifamily agricultural worker complexes. Additionally, FHDC has paved the way for numerous legislative changes, positively impacting the affordable housing industry at local, state, and national levels. In 2009, FHDC expanded its mission, acquiring and redeveloping complexes that included affordable multifamily and elderly/disabled housing.

Today, with almost a quarter-century of experience, FHDC is stronger than ever. FHDC is widely known for taking the path less traveled, never backing down from challenges, nor dismissing their roots – serve others.

After 18 years of successfully developing and self-managing, a combination not successfully achieved by many, FHDC has a proven a rich history of managing in a variety of areas including: new construction/development, property preservation/renovation, and operations stabilization – all with a superior record of promoting strong relations under any populace.

NWP Services Corporation (NWP) Joins the Expanding MRI Partner Connect Network

Costa Mesa, CA –  NWP Services Corporation, a nationwide leader in resident utility billing, energy management and submetering services to the multifamily industry focusing on optimizing their clients’ utility spend, is the latest addition to the prestigious MRI Partner Connect program. Acting as MRI’s first partner in the utility billing vertical, mutual clients will enjoy the ability to recover utility waste and expense through NWP’s utility management solutions.

“When organizations come together in cooperation to serve the needs of their mutual customers, it’s a very obvious message that those organizations are most concerned with their customer’s success,” stated Ron Reed, president and chief operating officer of NWP. “Today’s business services demand highly integrated solutions for multiple platforms. MRI Software and NWP recognize the benefit of this collaboration for our mutual customers and we are exceptionally pleased to be the first utility billing provider in the MRI Partner Connect program.”

The company’s premier billing platform includes a variety of configurable options, which empowers users to take advantage of convergent or utility billing only statements, post card utility billing (with privacy seal), full service utility billing and collections processing, and full service utility invoice processing and payment. More information on NWP’s services may be found by navigating to http://www.nwpsc.com.

“Our partnership with NWP is the first of its kind, and we are excited to work with their industry-leading solutions,” said John Ensign, General Counsel and Vice President of Corporate Development at MRI Software. “The company is an ideal addition to the MRI Partner Connect program as they not only embody all the characteristics we seek in a potential business partner, but also have the ability to focus on and streamline the utilities aspect of the property management process.”

NWP will join MRI as part of the MRI Partner Connect program, an industry-leading endeavor that facilitates MRI’s unique go-to-market strategy. The program is focused on providing MRI’s and its partners’ mutual clients with the ability to leverage best-of-breed solutions alongside MRI’s award-winning products. MRI selects market-leading organizations in business-critical areas for their clients, and then cements firm business partnerships with those companies. The program is focused on structuring relationships and integrations for mutual clients that offer a high confidence, low risk solution to property and investment management processes. The Partner Connect Program is a prime example of MRI’s commitment to powering maximum flexibility for their clients.

For more information about the MRI Partner Connect program, visit our website.

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 https://www.mrisoftware.com.

About NWP Services Corporation
Headquartered in Costa Mesa, Calif., NWP Services Corporation (NWP) is an award-winning provider of utility management, energy management, electronic payments, submetering and back office accounting and IT solutions. NWP enables multihousing owners, operators and fee managers to reduce costs, create new revenue opportunities and grow their portfolios based on services that convert expenses into reliable revenue streams and provide operating cost reductions. For almost two decades, NWP has worked exclusively with multifamily owners and managers to provide a full life cycle of utility expense recovery through resident billing, invoice processing automation, utility spend management, analytics, and energy management. For more information, visit http://www.nwpsc.com.

HP Investors Begins Partnership with MRI Software’s Award-Winning Solutions

Cleveland, Ohio – HP Investors, a California-based principal owner and investor of commercial real estate assets, has experienced noteworthy growth within their property management portfolio. Seeking a solution that could handle their developing business, the company recognized the value in MRI’s highly configurable software and opted to partner with them.

MRI Commercial Management will support nearly all of HP Investors’ real estate business functions, including accounting, lease administration and billing, reporting, and project management, with all of the application modules working together as part of a cohesive end-to-end solution. The system features automated processes and more efficient workflows, empowering clients to increase their revenue opportunities without incurring additional costs. Moreover, information on leasing activities is also shared with other parts of the solution, making it easier to report, analyze, and meet forecast planning requirements.

“The fact that HP Investors is expanding makes them the ideal client of ours because the MRI system is designed to be scalable and grow alongside our clients’ portfolios,” said Patrick Ghilani, President and COO at MRI Software. “We are confident that our array of commercial solutions will be instrumental in HP Investors’ property management process improvements and we are looking forward to partnering with them for the long-term.”

HP Investors will also employ MRI’s powerful accounting engine, which includes MRI Accounts Payable and General Ledger. Accounts Payable streamlines procedures across the entire property management portfolio. Regardless of what processing method clients utilize – cash, accrual, or a combination of the two – Accounts Payable will allow HP to improve cash flow and lower costs while streamlining the accounts payable process. MRI’s accounting suite is an intuitive web-based solution that minimizes manual intervention, maximizes accuracy and productivity, and includes one of the most extensive reporting libraries in the industry.

For more information about MRI’s commercial solutions, visit our website.

About MRI Software
MRI offers property management software solutions to the global property 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, please visit https://www.mrisoftware.com.

About HP Investors
HP Investors, LLC is a principal owner and investor of commercial real estate assets. The firm strives to create value not only for its investment partners, but also the neighborhoods and communities it invests in.
Grounded in research and experienced in the complexities of real estate and capital markets, the firm strives to identify superior risk-adjusted opportunities in a diverse set of asset-classes and markets.
HP Investors is a California-based firm with offices in San Diego and New York City.