News July 16, 2014

Harbor Group International Expands Use of VaultWare Apartment Reservation System Across its Residential Portfolio

Cleveland, OH – Harbor Group International, a real estate management and investment firm, has utilized MRI for four years to manage over 10.5 million square feet of properties. Satisfied with the robust reporting capabilities of MRI Residential and Commercial Management, and appreciative of the decreased IT concerns initiated by MRI Software-as-a-Service, the business will expand its partnership with MRI to include VaultWare Apartment Marketing

MRI’s VaultWare Reservation System is a leading apartment availability and reservation solution designed to give multifamily property managers complete control over when, where, and how their available apartment inventory is marketed online. Providing consumer-centric apartment marketing, leasing and market analysis capabilities, the solution is focused on delivering an ideal online shopping experience for potential clients. This results in streamlined operations, highly qualified leads and most importantly, more leases.

“After working closely with Harbor Group International for several years, we are happy to further streamline their property management process by implementing VaultWare,” said Patrick Ghilani, CEO at MRI Software. “The software’s automatic market surveys will enable them to maintain their competitive edge within the constantly changing real estate industry.”

VaultWare also features automated content updates including current pricing and availability drawn directly from their property management software, which creates consistent content across the client’s VaultWare-powered online advertisements. Additionally, the solution entices prospective residents to begin the leasing process by allowing them to reserve a specific, currently available apartment that fits their needs. Clients can even choose to enable online pre-qualification using their resident screening provider, resulting in leads that convert to leases up to 50% of the time. In fact, every year more than 15 million apartment hunters use VaultWare to help them find their perfect residence.

For more information about MRI’s industry leading products, please 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 HGI – Commercial Real Estate Investing
Harbor Group International, with a portfolio valued at approximately 3.8 billion, has been acquiring properties for profitable commercial real estate investing since 1990. HGI currently owns more than 10.5 million square feet of commercial properties and in excess of 24,500 apartment units.

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