MSCI to acquire Real Capital Analytics for $950M

Transaction is expected to close by the end of the year

National /
Aug.August 02, 2021 01:15 PM
MSCI CEO Henry Fernandez and Real Capital Analytics founder Robert White (MSCI)

MSCI CEO Henry Fernandez and Real Capital Analytics founder Robert White (MSCI)

MSCI is set to acquire commercial real estate data provider Real Capital Analytics for $950 million.

The New York-based index publisher and stock market analytics firm announced the acquisition Monday.

Through the deal, MSCI will gain access to Real Capital Analytics’ database of more than $20 trillion in commercial property transactions, which MSCI plans to add to its own commercial real estate products.

Since its founding in 2000, Real Capital Analytics has built out its services by aggregating transaction data, as well as providing information related to market pricing, capital flows and investment trends.

“Investors will be better supported to access the opportunities that exist within this sector at scale, informed by industry-leading insights and the premier global database capturing the global commercial real estate footprint,” MSCI CEO Henry Fernandez said in a release.

Subject to regulatory approval, the acquisition is expected to close later this year, according to MSCI, which says it isn’t taking on debt to make the purchase, but funding it entirely with cash on hand. In its second-quarter earnings report last week, MSCI reported a 22 percent year-over-year increase in operating revenue and a 20 percent jump in operating income.

Software and information firms in the commercial real estate sector have emerged as attractive acquisition targets in recent months, with companies looking to consolidate businesses and bring in proprietary information.

At the end of 2020, private equity firm Thoma Bravo purchased RealPage for $9.6 billion, acquiring a company that collected information on leases to compile forecasts, including market reports. Earlier this year, private equity firms Stone Point Capital and Insight Partners won a $6 billion bidding war for CoreLogic.





    Related Articles

    arrow_forward_ios
    A photo illustration of Mohegan Sun's Ray Pineault and Soloviev Group's Stefan Soloviev (Getty, Soloviev Group, Mohegan Gaming & Entertainment)
    Soloviev partners with Mohegan on casino bid
    Soloviev partners with Mohegan on casino bid
    Seth Weissman, John Catsimatidis, Mayor Eric Adams
    They said what now? Real estate quotes of the week
    They said what now? Real estate quotes of the week
    From left: Robert Reffkin and Rupert Murdoch (Getty, Compass)
    ChatGPT didn’t write this week’s real estate news roundup, we promise
    ChatGPT didn’t write this week’s real estate news roundup, we promise
    Seth Weissman, Financing
    Urban Standard wants to rescue property owners from high interest rates
    Urban Standard wants to rescue property owners from high interest rates
    From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
    Office properties (yes, office!) got Manhattan’s biggest December loans
    Office properties (yes, office!) got Manhattan’s biggest December loans
    Salim Assa with 15 West 55th Street
    Troubled Midtown rental saga headed for a foreclosure finale
    Troubled Midtown rental saga headed for a foreclosure finale
    Atlas Hospitality Brokerage president Alan Reay (Atlas Hospitality Brokerage)
    Listen: Inside the looming distress across the hotel market
    Listen: Inside the looming distress across the hotel market
    Businessman arguing with buildings
    The bickering bros: Jemals escalate battle over portfolio
    The bickering bros: Jemals escalate battle over portfolio
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...