Olshan Properties Expands Partnership With MRI Commercial Management

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Engagement to include MRI’s award-winning (Software-as-a-Service) SaaS.

'We’ve had a very good experience working with MRI and look forward to further improving our firm’s efficiencies by taking advantage of the benefits inherent in their SaaS hosting capability.' - Michael Gibson, CFO of Olshan Properties

Olshan Properties, Inc., formerly known as MPI - Mall Properties Inc., one of the country’s leading private owners, developers and managers of commercial real estate, today announced that the firm has expanded its existing relationship with MRI Commercial Management in order to help further develop IT efficiencies throughout its 29-million-square-foot commercial real estate portfolio.

In line with this strategy, following a successful data transfer to one of MRI’s highly secured, Tier III+ data centers, which feature 24/7 operational and technical support, detailed back-up procedures, and comprehensive disaster recovery services, Olshan Properties has now chosen to employ MRI’s award-winning hosting solution, Software-as-a-Service (SaaS).

“One of the best parts of our MRI SaaS offering is the peace of mind provided to our clients,” explained David Post, CEO of MRI Software.

“Without losing any of our software’s robust functionality, clients are able to access their MRI product from anywhere with a viable Internet connection. Moreover, the client will automatically be updated with the newest version of MRI as it becomes available, saving them the efforts of manually installing the software and allowing them to capture the benefits of product enhancements as soon as they are available.”

Coupled with their migration to MRI SaaS, Olshan Properties will enjoy the latest version of MRI Property Management, software version 4.5. Informed by past client feedback, the platform focuses on improving the overall customer experience via increased functionality and usability within MRI’s highly configurable system. Version 4.5 enjoys added Web functionality in several product modules enabling clients to take advantage of the intuitive new interface from anywhere with a viable Internet connection.

Commented Olshan Properties’ CFO, Michael Gibson: “We’ve had a very good experience working with MRI and look forward to further improving our firm’s efficiencies by taking advantage of the benefits inherent in their SaaS hosting capability.”

For more information about MRI SaaS, please 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, visit http://www.mrisoftware.com.

About Olshan Properties
Olshan Properties, formerly known as MPI - Mall Properties, Inc., is a privately owned real estate firm specialized in the development, acquisition, leasing and management of commercial real estate for 55 years. The close integration of investment and operating capabilities has given Olshan Properties a reputation as one of the leading private owner/operators of commercial real estate in the country.

Olshan Properties currently owns and/or manages, individually or with its affiliated companies, a diverse portfolio of commercial properties including Retail, Hotel, Office, and Residential in eleven states. For more information, click here.

Olshan Properties also serves as a General Partner of the Longview and RCG Longview series of debt and equity funds as well as the Normandy Venture Partners series of opportunistic equity funds. Our founding sponsorship of these funds has resulted in the investment of $4.7 billion in commercial real estate projects over the past 12 years and leverages our unique investment abilities, operating expertise and industry relationships.

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April Haviland
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