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Chicago & Midwest  + Midwest  + Apartments  | 

MRI Software Expands Payment Solutions Platform

Solon-based MRI Software will acquire Priority Technology Holdings’ Rent Payment business, including RentPayment.com, StorageRentPayment.com and DuesPayment.com. Priority will provide ongoing payment infrastructure as a service and processing to the new platform at MRI. 
 
“The convenience and continuity of accepting multiple payment options has never been more essential to the residential real estate sector than in the current global health environment,” said MRI CEO Patrick Ghilani.  “With this acquisition and partnership with Priority, MRI significantly expands our existing payments solution and scale and further improves both the resident and property manager experience provided by our platform.

“Additionally, we will now expedite the availability of our online payments solution to include both residential and commercial client offerings in all regions we serve, including Europe, Africa and Asia Pacific,” he added.

Founded in 1999, the RentPayment platform serves some 2,900 clients across the U.S. multifamily, single-family, storage and HOA markets.
 

For comments, questions or concerns, please contact Paul Bubny 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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