For Northland Investment Corporation, a $1 billion private real estate company with a broad portfolio of multifamily and commercial property, the quest for a real estate management system began with two essential goals. The company was searching for a seamlessly integrated real estate lifecycle solution, as well as a provider that offered strength, stability and quality support. That pursuit ended with the decision to partner with Intuit Real Estate Solutions (IRES), a leading global provider of real estate management technology solutions.

“Of all the real estate software development companies, IRES comes closest to achieving the holy grail of what a real estate technology solution should be,” says David Morency, Chief Financial Officer at Northland Investment Corporation. “That’s an integrated system that brings together tools and data so companies can manage their entire real estate lifecycle with one, complete solution.

“IRES combines residential management and commercial management systems with powerful budgeting and forecasting capabilities,” continues Morency. “To have all of our real estate data in one place, that’s the ultimate goal we’re trying to achieve, and the MRI system leads the way in helping us realize our vision.”

Yet while Northland selected IRES in part for this start-to-finish lifecycle functionality, their decision went far beyond features to a broad look at the company.

“The most important issue when looking for a new software solution is to look beyond the software to the kind of company you’ll be working with,” Morency says.

“Many real estate companies lack the administrative abilities to manage all of the aspects of the latest technologies,” he explains. “Thus, it is imperative to work with a software developer that has a strong support team in place."

Northland found that strong support team in IRES.

“More important than a checklist of features is how you feel about the company, and yet IRES also provided the features, systems and integration we sought,” he says. “IRES had the right combination of support and solutions to help us achieve our goals.”

About Northland Investment Corporation

Northland Investment Corporation is a fully integrated real estate operating company focused on the acquisition, development, operation and long-term ownership of multifamily and commercial real estate throughout the United States. Our mission is to maximize risk-adjusted returns on equity through innovative and value-added real estate solutions.

Since 1970, they have acquired, developed and managed more than 20 million square feet of commercial real estate. Their portfolio includes downtown and suburban office buildings, shopping centers, R&D properties, industrial facilities and multifamily communities. Holdings are concentrated in New England and along the southern tier of the United States in California, Arizona, Texas, Florida, Tennessee and North Carolina. For more information, please visit their website at www.northland.com.