Trepp LLC, the New York-based real estate analytics firm that closely tracks the performance of the commercial mortgage-backed securities (CMBS) market, has acquired REITCafe. The online information service focuses on real estate investment trusts and distributes its content through its website www.reitcafe.com — a weekly online newsletter — as well as Twitter and LinkedIn.
Terms of the deal announced July 11 were not disclosed.
REITCafe provides REIT investors with timely research, data and commentary. The online service has about 4,500 subscribers and was previously held by Euromoney Institutional Investor plc’s News Group.
The acquisition gives Trepp additional commercial real estate information to offer its CMBS and commercial real estate finance clients. Meanwhile, REITCafe subscribers will receive research and commentary that is backed by Trepp’s extensive CMBS and commercial real estate databases.
Trepp CEO Annemarie DiCola emphasizes that her company’s rapidly diversifying client base seeks a broader range of commercial real estate information.
The company clearly is in the acquisition mode. In February, Trepp bought Oakland, Calif.-based Foresight Analytics, which provides real estate market analysis and projections for institutional investors, lenders and developers.