Trepp Announces Acquisition of Foresight Analytics

Although terms of the deal were not disclosed, New York-based ""Trepp, LLC"":http://www.trepp.com/main.cgi, an independent provider of commercial mortgage-backed securities (CMBS) and[IMAGE]

commercial mortgage information, confirmed Wednesday that it has agreed to acquire ""Foresight Analytics, LLC"":http://www.foresightanalytics.com/, an Oakland, California-based provider of real estate market consulting services.

""As real estate fundamentals continue to deteriorate, Trepp is committed to expanding the value delivered to our clients,"" said Annemarie DiCola, CEO of Trepp. ""Foresight has terrific name recognition and great respect in the marketplace. We expect that they will quickly add even more depth to our offerings.""

Foresight focuses on real estate market analysis and forecasting for commercial and residential product types in both domestic and international markets, and it offers standardized reports, custom reports, and consulting assignments as part of its market analysis. The privately-held company was founded by Matt Anderson and Susan Persin, who together have more than 40 years' experience in real estate, banking, and capital markets research.

""This transaction provides Foresight with the scale and resources we need to reach a broader commercial real estate audience to provide more timely and relevant analysis on the shifting commercial real estate landscape,"" Persin said.

Trepp's purchase of Foresight will provide immediate benefit to Trepp clients, as they will be able to access deeper and more expansive commercial real estate expertise, the company said. Foresight Analytics' research will be available to clients of Trepp's CMBS Analytics and TreppLoan products.

""As the commercial real estate industry navigates this challenging period, Trepp remains committed to providing its clients with superior information and analytics,"" said Andy Leibman, SVP of Trepp. ""With Foresight we add complementary know-how that will provide clients with a deeper view of the securitized and non-securitized mortgage markets.""