Skip to main content

Moody's Acquires Reis for $278M

Phil Hall
Aug 30, 2018
Moody's

Moody’s Corp. has announced that it will acquire Reis Inc., a commercial real estate data provider, in an all-cash transaction valued at approximately $278 million.
 
Reis provides analysis and forecasts for 275 metropolitan markets and 7,700 submarkets across the nation. In announcing the acquisition, Moody’s stated it will be able to further expand the reach of its Moody’s Analytics’ operation into the commercial property space. The transaction is expected to close at the end of the fourth quarter of this year.
 
“Commercial real estate is analytically very complex, and Reis has committed decades of effort and expertise building a unique data asset with critical and hard to replicate information on this large and important asset class,” said Mark Almeida, president of Moody's Analytics. “Their data on CRE supply and Moody’s Analytics’ insights on the demand for commercial properties will provide market participants with a powerful 360-degree view of the economics of CRE lending and investment. Working together, both Reis and Moody’s Analytics will become even more relevant and valuable to CRE finance professionals.”

 
Published
Aug 30, 2018
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021