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REITs Outsource to MRI's Management Software
Apartment Finance Today
September/October 2003
Village Green Companies and Mid-America Apartment Communitites have selected MRI Real Estate Solutions to provide them with Web-based property management software. Village Green's total portfolio includes 27,000 multifamily units. "Outsourcing our information technology needs gives us a competitive advantage," said George Quay, president and chief operating officer for Village Green. "We'll leave day-to-day maintenance and troubleshooting to the experts at MRI." With MRI's NetSource, its application hosting service, "Village Green will enjoy instant access to workflow technologies, powerful functionality, and an easy-to-use interface without the demands of supporting an internal solution," said Bob Lasser, MRI general manager and vice president Mid-America has begun beta testing MRI's products and it expects to begin total implementation on its 34,000 units by the end of the year.
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