Trepp, a provider of commercial mortgage-backed securities and commercial mortgage information, analytics and technology, has acquired Foresight Analytics LLC, which provides real estate analysis for commercial and residential real estate in both domestic and international markets on behalf of institutional investors, lenders and developers.
The acquisition of the Oakland, Calif.-based Foresight will enable Trepp clients to access Foresight Analytics' research through the Trepp CMBS Analytics and TreppLoan products. Terms of the acquisition were not disclosed.
‘As real estate fundamentals continue to deteriorate, Trepp is committed to expanding the value delivered to our clients,’ says Annemarie DiCola, CEO of Trepp, based in New York. ‘Foresight has terrific name recognition and great respect in the marketplace. We expect that they will quickly add even more depth to our offerings.’