Trepp Snaps Up REITCafe, Expands Offerings
- Jul 11, 2011
By Nicholas Ziegler, News Editor
July 11, 2011
Trepp bolstered its information offerings when it announced its acquisition of REITCafe for an undisclosed price on Monday. The online information service, previously owned by Euromoney Institutional Investor, focuses on the REIT industry and uses its www.reitcafe.com portal, as well as a newsletter, Twitter and LinkedIn to distribute content.
While Trepp has focused on REIT analytics, the acquisition will allow the company to “provide our rapidly diversifying client base with [a] broader range of CRE information,” said Annemarie DiCola, CEO of Trepp. “We look forward to applying our CRE finance and real estate market expertise toward making REITCafe even more valuable to its thousands of subscribers.”
In addition to its Web-based trading platform for CMBS, Trepp also provides daily pricing updates and analytics that can be tailored to a number of scenarios. The REITCafe acquisition will allow those data-based offerings to be offered to a wider number of subscribers. In a prepared statement, Alison Adams, Group Publisher of Institutional Investor News and Journals, said, “I am confident that REITCafe is in great hands. Readers should look forward to this new leadership and the unique perspective Trepp will have on the REIT industry.”