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Real Estate · head to head

MRI Software vs Reonomy

MRI Software logo

MRI Software

Real Estate

Open real estate platform assembled from acquisitions, strong in different products in different countries

From
On request
Rated
-
Full reviewWebsite
Reonomy logo

Reonomy

Real Estate

Commercial property ownership and contact data platform, acquired by Altus Group for roughly $202 million and now sold on unpublished, increasingly enterprise-focused pricing

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: MRI Software the portfolio grew by acquisition, so products overlap, interfaces are inconsistent between lines, and moving from one MRI product to another is a migration rather than a configuration change.; Reonomy pricing is not published, and the sales process has become more enterprise-focused since the Altus Group acquisition, which reportedly makes it less accessible for smaller, self-service buyers than it once was.
  • They diverge on capability: MRI Software covers Commercial lease accounting, Reonomy covers Ownership records.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which MRI Software and Reonomy actually diverge.

Attributes where MRI Software and Reonomy differ
AttributeMRI SoftwareReonomy
PlatformsWeb, iOS, Android, WindowsWeb

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Real Estate).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in MRI Software

  • Commercial lease accounting
  • Residential property management
  • Investment management
  • Facilities management
  • Open partner ecosystem
  • Regional product lines

Only in Reonomy

  • Ownership records
  • Transaction history
  • Off-market prospecting
  • Portfolio analysis
  • Contact data
  • Market and property search

What people use each for

The jobs each tool is most often brought in to do.

MRI Software

  • A commercial landlord that needs CAM reconciliation and investor reporting under one ledger across multiple ownership structuresnot Reonomy
  • A United Kingdom or Australian agency or social housing provider where the acquired regional product is the market standardnot Reonomy
  • A corporate occupier with lease accounting obligations that need auditable treatment across hundreds of leasesnot Reonomy
  • An enterprise that wants to keep an existing accounting or CRM system and connect it rather than replace itnot Reonomy

Reonomy

  • A broker sourcing off-market deals by identifying and directly contacting property owners matching acquisition criterianot MRI Software
  • A lender researching an owner portfolio and financing history before extending creditnot MRI Software
  • An investor doing outbound outreach to owners of a specific property type or size in a target marketnot MRI Software
  • A firm already using ARGUS Enterprise considering Reonomy for data given the shared Altus Group ownershipnot MRI Software

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

MRI Software

  • The portfolio grew by acquisition, so products overlap, interfaces are inconsistent between lines, and moving from one MRI product to another is a migration rather than a configuration change.
  • Which product is strong depends on the country: the Australian and New Zealand agency products came from Rockend and Palace, the United Kingdom commercial strength came from Qube, and a reference from one region tells you very little about another.
  • Pricing is quoted, modular and multi-year, so the number that gets a deal approved usually omits connectors, additional modules and the implementation, and the real total arrives later.
  • Implementations take months and need external consultants, which means the cost of ownership includes a services relationship you cannot avoid.
  • Support experience varies by acquired product line, so the service level a reference customer describes may come from a different team than the one that will handle your product.

Reonomy

  • Pricing is not published, and the sales process has become more enterprise-focused since the Altus Group acquisition, which reportedly makes it less accessible for smaller, self-service buyers than it once was.
  • It is a data and contact-sourcing tool, not a valuation platform, so firms needing DCF modelling still need ARGUS Enterprise or an equivalent separately, even though both are Altus Group products.
  • Coverage and data freshness for ownership and contact information vary by market, and off-market sourcing quality depends on how current that contact data actually is.
  • Shared ownership with ARGUS under Altus Group means a firm concentrating spend with both products has less independent competitive leverage across its CRE software and data budget.
  • As with any owner-contact database, deliverability and accuracy of contact information degrade over time, and there is no independent public benchmark of Reonomy data accuracy to check ahead of purchase.

Pricing, plan by plan

MRI Software

On request
  • MRI Software$undefined/year
    • Quoted per module and per unit or per user
    • Multi-year subscription terms
    • Implementation and data migration charged separately

Reonomy

On request
  • Reonomy$undefined/year
    • Monthly and annual subscription options, annual saves roughly 30%
    • Pricing not published, increasingly enterprise-focused sales process since Altus Group acquisition
    • Cost scales with data access scope and seats

Which should you pick?

Choose MRI Software if

  • You need commercial lease accounting.
  • You work on Web, iOS, Android, Windows.
  • You also want residential property management.
MRI Software review

Choose Reonomy if

  • You need ownership records.
  • You also want transaction history.
Reonomy review

Questions people ask

Is MRI Software or Reonomy better?
Neither clearly leads. MRI Software starts at On request and Reonomy at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MRI Software or Reonomy?
MRI Software starts at On request and Reonomy at On request.
Does MRI Software or Reonomy run on more platforms?
MRI Software runs on Web, iOS, Android, Windows. Reonomy runs on Web.
What is MRI Software best used for?
MRI Software is most often used for a commercial landlord that needs cam reconciliation and investor reporting under one ledger across multiple ownership structures, a united kingdom or australian agency or social housing provider where the acquired regional product is the market standard, a corporate occupier with lease accounting obligations that need auditable treatment across hundreds of leases, an enterprise that wants to keep an existing accounting or crm system and connect it rather than replace it. Of those, a commercial landlord that needs cam reconciliation and investor reporting under one ledger across multiple ownership structures and a united kingdom or australian agency or social housing provider where the acquired regional product is the market standard are not what Reonomy is typically brought in for.
What can MRI Software do that Reonomy cannot?
MRI Software covers Commercial lease accounting, Residential property management, Investment management, Facilities management. Reonomy covers Ownership records, Transaction history, Off-market prospecting, Portfolio analysis.

Answered from the vendors’ own pages

MRI Software: How is MRI different from Yardi?

Yardi sells one integrated stack and prefers you stay inside it. MRI sells an open platform of modules and connectors, so you keep more third-party systems but you also carry the integration work.

Reonomy: Who owns Reonomy?

Altus Group, which acquired it in November 2021 for roughly $202 million; it sits in the same portfolio as ARGUS Enterprise.

MRI Software: Is the product the same in every country?

No. Much of the international line came from acquisitions, so the Australian, New Zealand and United Kingdom products differ from the United States ones in interface, capability and support.

Reonomy: Is Reonomy the same as CoStar?

No. Reonomy focuses on ownership, contact and off-market sourcing data; CoStar is broader, covering listings, lease comparables and market analytics at larger scale.

MRI Software: Does MRI publish pricing?

No. Everything is quoted per module with multi-year terms, and implementation is charged separately.

Reonomy: Is pricing available online?

No. Reonomy offers monthly and annual subscriptions with roughly 30% savings annually, but exact rates require a quote.

MRI Software: How long does implementation take?

Months rather than weeks for anything at enterprise scale, and it normally requires either MRI professional services or a certified partner.

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