Moody’s is buying Reis, the commercial real estate data company, in a deal valued at $278 million. The financial services company best known for its credit ratings is paying all cash to acquire Reis and incorporate its data archive of some 18 million properties into Moody’s Analytics offerings, Globe Street reported. “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 […]
source https://therealdeal.com/2018/08/31/moodys-buying-cre-data-firm-reis-in-278m-deal/
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