MRI Software LLC
MRI Software is a provider of real estate and investment management software used by property owners, investors, and operators to manage buildings, leases, and real-estate portfolios. Its cloud-based platform handles accounting, leasing, and financial reporting for commercial and residential real estate. The company sells to landlords, property managers, and institutional real-estate investors.
Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.
Lenders
MRI Software LLC is held by 10 BDC lenders in our parsed SEC filings: ARCC, BCSF, BXSL, CCAP, GBDC, GSBD, MSDL, NMFC, OCSL, PSBD.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public). Rows marked stale are from an earlier filing than the lender’s latest — the borrower is absent from its newest filing (exited, repaid, or reported under a different name).
| BDC | Type | Rate | Spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| ARCC | 1L Sr Secured | SOFR | 475 | 100.0 | $5M | 2028-02 | 2026-04-28 |
| ARCC | 1L Sr Secured | SOFR | 475 | 100.0 | $2M | 2028-02 | 2026-04-28 |
| ARCC | 1L Sr Secured | SOFR | 475 | 97.5 | $4M | 2028-02 | 2026-04-28 |
| BXSL | 1L Sr Secured | SOFR | 475 | 99.6 | $7M | 2028-02-10 | 2026-05-07 |
| BXSL | 1L Sr Secured | SOFR | 475 | 99.6 | $89M | 2028-02-10 | 2026-05-07 |
| BXSL | 1L Sr Secured | SOFR | 475 | 98.1 | $2M | 2028-02-10 | 2026-05-07 |
| BXSL | 1L Sr Secured | SOFR | 475 | 87.0 | $2M | 2028-02-10 | 2026-05-07 |
| CCAP | 1L Sr Secured | SOFR | 475 | 98.6 | $1M | 2028-02-29 | 2026-05-13 |
| CCAP | 1L Sr Secured | SOFR | 475 | 98.6 | $19M | 2028-02-29 | 2026-05-13 |
| CCAP | 1L Sr Secured | SOFR | 475 | 98.6 | $1M | 2028-02-29 | 2026-05-13 |
| CCAP | 1L Sr Secured | SOFR | 475 | 94.6 | $365K | 2028-02-29 | 2026-05-13 |
| GBDC | 1L Sr Secured | SOFR | 475 | 94.0 | $741K | 2028-02 | 2026-05-04 |
| GBDC | 1L Sr Secured | SOFR | 475 | 98.5 | $10M | 2028-02 | 2026-05-04 |
| GBDC | 1L Sr Secured | SOFR | 475 | 98.5 | $13M | 2028-02 | 2026-05-04 |
| GBDC | 1L Sr Secured | SOFR | 475 | 98.5 | $32M | 2028-02 | 2026-05-04 |
| GSBD | 1L Sr Secured | SOFR | 475 | 37.8 | $690K | 2028-02-10 | 2026-05-07 |
| GSBD | 1L Sr Secured | SOFR | 475 | 24.2 | $66K | 2028-02-10 | 2026-05-07 |
| GSBD | 1L Sr Secured | SOFR | 475 | 99.1 | $34M | 2028-02-10 | 2026-05-07 |
| MSDL | 1L Sr Secured | SOFR | 475 | 99.6 | $43M | 2028-02-10 | 2026-05-07 |
| MSDL | 1L Sr Secured | SOFR | 475 | 100.0 | $28K | 2028-02-10 | 2026-05-07 |
| MSDL | 1L Sr Secured | SOFR | 475 | 98.4 | $426K | 2028-02-10 | 2026-05-07 |
| NMFC | 1L Sr Secured | SOFR | 475 | 98.3 | $4M | 2028-02 | 2026-05-04 |
| NMFC | 1L Sr Secured | SOFR | 475 | 98.2 | $492K | 2028-02 | 2026-05-04 |
| NMFC | 1L Sr Secured | SOFR | 475 | 98.2 | $769K | 2028-02 | 2026-05-04 |
| NMFC | 1L Sr Secured | SOFR | 475 | 98.3 | $7M | 2028-02 | 2026-05-04 |
| NMFC | 1L Sr Secured | SOFR | 475 | 98.3 | $21M | 2028-02 | 2026-05-04 |
| NMFC | 1L Sr Secured | SOFR | 475 | 98.3 | $3M | 2028-02 | 2026-05-04 |
| PSBD | 1L Sr Secured | SOFR | 475 | 87.0 | $138K | 2028-02-10 | 2026-05-06 |
| PSBD | 1L Sr Secured | SOFR | 475 | 97.6 | $6M | 2028-02-10 | 2026-05-06 |
| NMFC | 1L Sr Secured | — | — | -$26K | 2028-02 | 2026-05-04 | |
| BCSF | 1L Sr Secured | SOFR | 550 | 97.2 | $25M | 2026-02-10 | 2023-08-08 stale |
| OCSL | 1L Sr Secured | SOFR | 550 | 99.0 | $2M | 2027-02-10 | 2024-02-01 stale |
| OCSL | 1L Sr Secured | SOFR | 550 | 99.0 | $2M | 2027-02-10 | 2024-02-01 stale |
| OCSL | 1L Sr Secured | SOFR | 550 | 99.0 | $8M | 2027-02-10 | 2024-02-01 stale |
| BCSF | 1L Sr Secured | — | — | -$49K | 2026-02-10 | 2023-08-08 stale |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.
- minority investmentHarvest Partners makes strategic investment in MRI Software; TA Associates also reinvestsHarvest Partners completed a new strategic investment in MRI Software alongside existing investors TA Associates (which also made a significant new investment) and GI Partners, with Harvest Partners SCF providing financing.
- refinancingGolub Capital agents $1.6 billion One-Loan Debt facility supporting Harvest Partners' investment in MRI SoftwareGolub Capital arranged a $1.6 billion GOLD debt facility to support Harvest Partners' strategic investment in MRI Software, with TA Associates and GI Partners remaining as investors.
- sponsor changeGI Partners acquires MRI Software from Vista Equity PartnersGI Partners signed a definitive agreement and completed the acquisition of MRI Software from Vista Equity Partners, marking a full sponsor change for the Solon, Ohio-based real estate software company.
- buyoutGI Partners acquires MRI Software from Vista Equity PartnersGI Partners signed a definitive agreement to acquire MRI Software LLC, a leading global provider of real estate software solutions, from Vista Equity Partners.
- lboVista Equity Partners acquires IRES from Intuit, renames company MRI SoftwareVista Equity Partners completed the acquisition of Intuit Real Estate Solutions from Intuit for $128 million and rebranded the company MRI Software, restoring its legacy brand.
- acquisitionIntuit acquires Management Reports International (MRI), renames it Intuit Real Estate Solutions (IRES)Intuit acquired privately held Management Reports International, a Cleveland-based real estate software firm founded in 1971, and rebranded it as Intuit Real Estate Solutions (IRES); Intuit expected the unit to contribute $45–$50 million in revenue in fiscal 2003.
Headlines mentioning MRI Software LLC
Public headlines that name MRI Software LLC, matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.