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 http://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.