MRI Software
| Company type | Private |
|---|---|
| Industry | Real estate software |
| Predecessor | Management Reports Incorporated, Management Reports International, Intuit Real Estate Solutions (IRES) |
| Founded | 1971 |
| Headquarters | Solon , United States |
Area served | North America, EMEA, APAC |
| Products | Property management software, accounting software, financial process automation, strategic planning tools, commercial property management, compliance solutions |
| Owner | GI Partners (since 2015), TA Associates (investment in 2017), Harvest Partners, LP (investment in 2020) |
| Website | www |
MRI Software, LLC specializes in delivering software solutions for real estate and investment management tailored to property owners, investors, and operators. The company was established in 1971 under the name Management Reports Incorporated, later operating as Management Reports International. Following its acquisition by Intuit in 2002, it was renamed Intuit Real Estate Solutions (IRES). In 2009, the San Francisco-based private equity firm Vista Equity Partners purchased IRES and subsequently rebranded it as MRI Software. Later, in 2015, ownership transferred to private equity firm GI Partners. Further strategic capital investments were made by TA Associates in 2017 and Harvest Partners, LP in 2020.
With its headquarters situated in Solon, Ohio, MRI Software maintains a presence through ten offices across North America, six locations throughout EMEA, and four offices within APAC regions including Hong Kong and Singapore.
Products
MRI Software offers comprehensive property management and accounting software solutions serving sectors such as multi-family residential, commercial property, retail, office, Strata and Body Corporate, along with corporate real estate.
- Financial process automation encompassing budgeting, forecasting, facility management, general ledger, job costing, reporting, and handling of accounts payable;
- Tools designed for strategic planning including investment analysis, portfolio analysis, as well as fund and asset modeling;
- Commercial property management featuring capabilities for lease accounting, operational workflows, financial management, advanced retail functions, and lease process automation;
- Compliance solutions addressing requirements for affordable housing, public housing, administration of section 8 vouchers, waitlist coordination, and asset management.