MRI Software
Encyclopedia
MRI Software, LLC is a provider of real estate and investment management software to real estate
owners, investors, and operators. The company was Founded in 1971 under the name Management Reports Inc. and was later known as Intuit Real Estate Solutions once acquired by Intuit in 2002. In 2009, the private equity firm based in San Francisco, Vista Equity Partners
, acquired Intuit Real Estate Solutions and renamed the company MRI Software. MRI’s software has been installed over 4,500 times in five continents and in 41 countries.
MRI Software is headquartered in Cleveland, Ohio
with additional offices in Secaucus, New Jersey
; North Sydney, Australia; Wanchai, Hong Kong
; Tokyo, Japan; and Singapore.
and accounting suites for multifamily, office, and corporate applications. It provides add-on software solutions in the areas of investment analysis, budgeting and forecasting, portfolio modeling and analysis, fund and lease accounting, commercial management, and operations and financials, as well as accounts payable, facility management, general ledger, job cost, ad-hoc reporting, affordable housing
, application tool kit, Division of Housing Community Renewal Compliance, asset management, enterprise ledger, purchase order
, report design, resident portal, and Web design
solutions.
.
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
owners, investors, and operators. The company was Founded in 1971 under the name Management Reports Inc. and was later known as Intuit Real Estate Solutions once acquired by Intuit in 2002. In 2009, the private equity firm based in San Francisco, Vista Equity Partners
Vista Equity Partners
Vista Equity Partners is a private equity firm focused on investing in software and technology-enabled businesses. The firm was founded in 2000 and is headquartered in San Francisco, California with additional offices in Chicago, Illinois and Austin, Texas. Vista Equity Partners currently holds...
, acquired Intuit Real Estate Solutions and renamed the company MRI Software. MRI’s software has been installed over 4,500 times in five continents and in 41 countries.
MRI Software is headquartered in Cleveland, Ohio
Cleveland, Ohio
Cleveland is a city in the U.S. state of Ohio and is the county seat of Cuyahoga County, the most populous county in the state. The city is located in northeastern Ohio on the southern shore of Lake Erie, approximately west of the Pennsylvania border...
with additional offices in Secaucus, New Jersey
Secaucus, New Jersey
Secaucus is a town in Hudson County, New Jersey. As of the 2010 United States Census, the town population was 16,264. Located within the New Jersey Meadowlands, it is the most suburban of the county's municipalities, though large parts of the town are dedicated to light manufacturing, retail, and...
; North Sydney, Australia; Wanchai, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
; Tokyo, Japan; and Singapore.
Products
MRI Software offers property managementProperty management
Property management is the operation, control of ususally on behalf of an owner, and oversight of commercial, industrial or residential real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its usable life and condition...
and accounting suites for multifamily, office, and corporate applications. It provides add-on software solutions in the areas of investment analysis, budgeting and forecasting, portfolio modeling and analysis, fund and lease accounting, commercial management, and operations and financials, as well as accounts payable, facility management, general ledger, job cost, ad-hoc reporting, affordable housing
Affordable housing
Affordable housing is a term used to describe dwelling units whose total housing costs are deemed "affordable" to those that have a median income. Although the term is often applied to rental housing that is within the financial means of those in the lower income ranges of a geographical area, the...
, application tool kit, Division of Housing Community Renewal Compliance, asset management, enterprise ledger, purchase order
Purchase order
A purchase order is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services the seller will provide to the buyer. Sending a purchase order to a supplier constitutes a legal offer to buy products or services...
, report design, resident portal, and Web design
Web design
Web design is the process of planning and creating a website. Text, images, digital media and interactive elements are used by web designers to produce the page seen on the web browser...
solutions.
Clients
Notable customers of MRI Software include: Prudential Real Estate Investors, Windsor Property Management Company, Pan Pacific Retail Properties, Northland Investment Group, Green Property PLC, and BP InternationalBP
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
.