This paper describes a modification of the ESPRIT algorithm which can be used to determine the parameters (frequency, decay time, initial magnitude and initial phase) of a modal reverberator that best match a provided room impulse response. By applying perceptual criteria we are able to match room impulse responses using a variable number of modes, with an emphasis on high quality for lower mode counts; this allows the synthesis algorithm to scale to different computational environments. A hybrid FIR/modal reverb architecture is also presented which allows for the efficient modeling of room impulse responses that contain sparse early reflections and dense late reverb. MUSHRA tests comparing the analysis/synthesis using various mode numbers for our algorithms, and for another state of the art algorithm, are included as well.