VTS, the commercial real estate technology platform that unifies owners, operators, brokers, and tenants to capitalize on opportunities in their properties, announced that it has expanded its partnership with MRI Software. This partnership will enable a two-way integration between VTS Lease and MRI Commercial Management to provide a 360-degree flow of portfolio and financial data between both solutions.
The expanded integration builds upon the longstanding relationship between VTS and MRI, which dates back to 2015. The two proptech companies share more than a hundred customers worldwide.
“Our partnership with MRI has always been about servicing the needs of both of our customer bases, as well as the industry at large, and this new integration unlocks an unprecedented level of portfolio insights,” said Nick Romito, CEO of VTS. “We now have a bidirectional flow of information between the two systems — providing our customers with an efficient experience but, more importantly, a necessary source of truth as they navigate the current market.”
“We are proud to build on our successful relationship with VTS and offer this integration to our clients,” said Patrick Ghilani, CEO of MRI. “MRI and VTS have a shared vision to move the industry forward by empowering real estate businesses with open and connected technology that drives confident, strategic decision-making. Access to a centralized hub for reliable portfolio and financial insights is key to achieving this.”
The expanded integration will provide insights about tenants, renewals, as well as new deal pipeline and prospects – creating complete visibility across the portfolio and eliminating the need for multiple points of data entry, the companies said.
