What does an MRI-to-Power-BI build involve?
It is reporting shaped around your data rather than a template dropped on top of it. We map your entities, properties, suites, leases, charge codes, recovery pools and ledger accounts into a semantic model, write the measures that define occupancy, recovery ratio, straight-line rent and NOI the way your business defines them, then keep that model current as assets and ownership change. You review; we build and maintain.
MRI is a deep platform and it answers questions well one report at a time. Where commercial teams get stuck is the layer above: every asset ranked on one page, a lease expiry ladder that spans the whole fund, a recovery variance trended across reconciliation cycles, or one always-current link an investor can open instead of a quarterly PDF. That work is a modeling problem more than a reporting problem, which is the same discipline covered on our data modeling and DAX page.
Which MRI modules and metrics do you cover?
We work from whichever areas of MRI you actually license — commonly the MRI X platform and Commercial Management for leases and occupancy, the financial and general ledger side for NOI and capital spend, and the lease-accounting and budgeting modules where you run them. The table below maps the areas we are asked for most to the dashboard views we build from them.
MRI Software areas we model and the Power BI dashboard views built from each. Available modules vary by licence and deployment; we confirm yours during scoping.
| MRI area or module |
Data we model |
Dashboard views we build |
| Commercial Management (MRI X) |
Lease abstracts, suites, options, escalations, clause-level terms |
Lease expiry ladder, weighted-average lease term, option and renewal exposure |
| Occupancy & leasing |
Vacant and occupied area, deals in progress, downtime between leases |
Occupied area and rent per square foot by asset, absorption and vacancy trend |
| Recoveries / CAM |
Recovery pools, methods, caps, base years, gross-ups, exclusions |
Estimated vs actual recoveries, recovery ratio, per-tenant true-up and leakage |
| Lease accounting (ASC 842) |
Straight-line schedules, deferred rent, right-of-use and liability balances |
Straight-line vs cash rent bridge, deferred rent roll-forward, schedule tie-outs |
| Accounts receivable |
Tenant charges, cash receipts, credits, aging buckets by charge code |
AR aging by tenant and asset, collections against billed, tenant credit watchlist |
| General ledger & financials |
Multi-entity chart of accounts, journals, intercompany, ownership percentages |
NOI by asset and entity, portfolio rollups with drill-down to the journal line |
| Budgeting & forecasting |
Approved budgets, reforecasts, capital plans, leasing assumptions |
Budget vs actual vs reforecast variance, capital spend against plan by project |
| Investment & asset management |
Fund and joint-venture structures, investor allocations, debt terms |
Investor and lender packs, covenant and debt-service views, per-fund rollups |
How does lease accounting reporting work?
We report the schedules MRI produces; we do not recalculate them and we are not your accountants. That distinction matters, because the value of a lease-accounting dashboard is tie-out and visibility: straight-line rent against cash rent by asset and period, deferred rent roll-forwards that agree to the ledger, and the ASC 842 balances your auditors ask for shown next to the leases that drive them.
In practice that means a controller can see which leases are pushing the straight-line adjustment in a given quarter, and trace it back to the abstract — the free-rent period, the fixed escalation, the tenant-improvement allowance — without opening a lease file. Where your firm is a tenant rather than a landlord, the same model carries right-of-use asset and liability balances alongside the lessor side. If your accounting team changes a schedule in MRI, the dashboard follows on the next refresh rather than being rebuilt.
How do you connect MRI Software to Power BI?
Honestly: there is no first-party Microsoft connector for MRI, and anyone promising a one-click link is overselling it. The realistic routes are MRI's own published API and data-access offerings where you license them, a read connection to the underlying database where your deployment and contract allow it, scheduled extracts, or a data warehouse your MRI data already lands in.
Which route fits depends on your agreement as much as your technology — this sector is known for gating data access by plan or treating it as a paid add-on — so we establish what you are entitled to before designing around it. Where a database read is available, Power BI's documented SQL Server connector (opens in new tab) is usually the cleanest path, and if that database sits on your own network we configure Microsoft's on-premises data gateway (opens in new tab) so scheduled refresh can reach it. Where only extracts exist, we build a dependable pipeline from those rather than pretend a live connection is there. We are not affiliated with MRI Software or Microsoft and imply no partnership.
Can you roll up multiple entities and funds?
Yes — multi-entity rollup is the single most common reason commercial owners call us. We model the ownership structure once, so an asset can sit inside a joint venture, inside a fund, inside a consolidated view, and NOI, occupancy, AR and capital spend aggregate correctly at every level with the eliminations your accounting team specifies.
The payoff is that one report answers questions at four altitudes. An investment committee sees the fund. An asset manager filters to their five buildings. A lease administrator drills to a single suite and its clause terms. An investor or joint-venture partner opens the same link and, through row-level security, sees only the entities they are entitled to — which is what turns a quarterly reporting pack from a file you assemble and email into a page that is simply current. Broader portfolio and investor reporting across multiple systems is covered on our Power BI for real estate page, and the day-to-day operational side on Power BI for property management.
What does the build cost?
You buy prepaid Flex hours that never expire: Starter $2,500, Growth $4,600, or Power $8,000, with hourly rates from $100 on the largest block. A first build covering the lease expiry ladder, AR aging and NOI by entity typically fits inside one block. There is no project minimum and no retainer — refill only when you are ready for more.
Before any work starts you get a scope and hours estimate, and hours deduct only for builds you approve. That keeps a first engagement small and testable rather than an open-ended data program, which matters when the MRI data-access route still has to be confirmed against your agreement. If you are building an internal budget for this, our guide to Power BI dashboard development cost breaks down what drives the number, and how prepaid Flex hours work covers the model in full.
How fast can you build it, and how does refresh work?
Once you approve the scope estimate, most builds ship in 3–5 business days, senior-led from start to finish. We then set the dataset to scheduled refresh so the numbers update on their own, which means expiries, recovery variance, AR aging and NOI stay current without anyone exporting from MRI on a Monday morning.
Turnaround depends on scope, but a focused first dashboard covering lease expiries, tenant AR and NOI by entity usually lands inside that window. After go-live the refresh cadence is set to match your reporting rhythm, within Microsoft's documented data refresh limits (opens in new tab). We configure the schedule, monitor it, and fix breakages from your banked hours — the maintenance part that connector tools leave to you.
Who is this build for?
It fits commercial owners, operators and investment managers running MRI without an in-house BI team — office, industrial, retail and mixed-use portfolios where leases are negotiated one at a time and reporting has to survive an audit, a lender review and an investment committee in the same quarter.
The strongest fit is an asset manager who cannot see expiry exposure across a fund, a controller whose CAM reconciliation season is a spreadsheet marathon, or a lease administrator maintaining a parallel workbook because the abstract data is hard to get at in bulk. It also suits teams with an existing Power BI report on MRI data that has gone slow or is no longer trusted and needs a senior pair of hands. Contact is form-only — send your request and we'll reply with a scope estimate.