- Sector
- Technology
- Industry
- Software - Application
- Address
-
- IPO Date
- Aug 28, 2013
- Business
- Reis, Inc. (REIS) provides commercial real estate (CRE) market information and analytical tools to real estate professionals, including investors, lenders, brokers, and appraisers, through its proprietary database covering all commercial properties nationwide. The company offers solutions such as analytics, API access, CECL reporting, custom data services, portfolio CRE analysis, property search tools, transaction data, building insights, trend analysis up to 38 years, market forecasts for up to 275 metropolitan markets and thousands of submarkets, and coverage of key property types including apartments, offices, retail, warehouse/distribution, flex/R&D, self-storage, seniors housing, student housing, and affordable housing. Founded in 1980 and headquartered in New York, New York, Reis operates primarily in the United States, serving leading lending institutions, equity investors, and other CRE stakeholders with data used for buying, selling, financing decisions, risk assessment, and management of mortgages, properties, portfolios, and real estate-backed securities. In 2018, Reis was acquired by Moody's Corporation in an all-cash transaction valued at approximately $278 million, becoming a wholly owned subsidiary integrated into Moody's Analytics to enhance CRE data and analytics capabilities. This acquisition expanded Moody's network in CRE information services and positioned Reis to leverage combined data assets for improved market insights, with no major subsequent acquisitions, partnerships, funding rounds, or product launches reported in the last 1-2 years.