M + D Properties Switches to MRI Software to Take Advantage of Commercial Management and JobCost

Share Article

Seeking a solution that would manage their constructions costs, M + D Properties selected MRI’s award-winning Commercial Management Suite for their property management needs.

We are excited to work with M + D Properties as their portfolio grows. - David Post, CEO of MRI Software

M + D Properties is a Southern California property developer that builds and revitalizes urban properties and is the manager of the prestigious M&D Regional Center, an organization that facilitates immigrants to successfully establish residency in the US through the EB-5 visa program. With plans to develop an additional 500,000 square feet of commercial mixed-use space to their portfolio over the next 2 years, M + D was looking for a solution that could track their construction costs while providing accurate, robust reporting. After learning that MRI had been recognized as one of 2013’s “Tops in Technology” by Commercial Property Executive, M + D selected MRI as a partner.

M + D Properties will utilize MRI Commercial Management (CM), a completely integrated property management solution with robust, configurable reporting capabilities and automated processes, for all their property management needs. The solution is intended to maximize the profitability of M + D’s investments and operations by reducing the likelihood of human error via duplicate data entry. By analyzing and providing precise information, users are able to make more informed decisions and better optimize their business.

“We are excited to work with M + D Properties as their portfolio grows,” said David Post, CEO of MRI Software. “The company can be confident that Commercial Management and its detailed reporting capabilities will support their business and streamline their property management processes.”

One of the deciding factors in partnering with MRI was JobCost, a solution that will track all costs of current and future construction projects from start to finish, ensuring that M + D stays within budget. The software allows users to control all facets of construction, including new development, purchase orders, and invoice tracking. Moreover, the system interacts with the rest of MRI’s commercial product suite, including the MRI General Ledger solution for streamlined reconciliations. In addition, the excellent customer service of Jeff Bolles (West Coast Account Executive) and the support of his sales team had greatly contributed to our decision to select MRI.

To learn more about MRI software’s award-winning commercial management solutions, 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, please visit http://www.mrisoftware.com.

About M + D Properties
M + D Properties manages and oversees all administrative functions of M&D Regional Center. M + D Properties has more than 20 years of experience in real estate investment, development and management. One of its crowning achievements is Plaza Mexico (http://www.plazamexico.com). In the late 1980s, M + D Properties correctly predicted the demographic shift in Southern California and pursued developments in burgeoning Hispanic markets. Shortly thereafter, an approximately 450,000 square foot (41,807 square meters), Mexican-themed lifestyle shopping center named Plaza Mexico was created. Plaza Mexico offers its patrons an idyllic small-town shopping experience with its architecture, fountains, lush landscaping and open plaza designed to reproduce the ambiance of the most charming Mexican pueblos.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

April Haviland
Visit website