CapThink merges with Reis

Real Estate Weekly, Dec 20, 2000

CapitalThinking, Inc. announced recently a formal relationship with Reis, Inc., an information provider to the commercial real estate finance industry, which will bring greater efficiencies to the commercial real estate finance process. Under the agreement, CapitalThinking's ASP offering, Bluewire, will automatically access the comprehensive Reis databases via an XML feed, and deliver customized market, submarket, and rent comparables data required for real estate finance decision-making.

"Reis is a trusted provider of reliable market information for the commercial real estate finance community. By automatically incorporating their data into the Bluewire platform we're offering better service to our clients," said Brenda Mixson, executive vice president of CapitalThinking.

"We're pleased that CapitalThinking has selected Reis to supply decision-support information for Bluewire," said Randy Fuchs, senior vice president of Reis. "CapitalThinking's technology solution that formally integrates our new ReisExpress content is streamlining the process by which their clients originate and underwrite commercial mortgages."

The ReisExpress service represents an XML feed developed specifically for Bluewire, encompassing the definitive set of market, submarket, and rent comparables information required for loan origination on office, retail, industrial, and multi-family property throughout the United States.

CapitalThinking will also offer additional real estate content from Reis, including market and CompQuote reports from Reis.com and Reis' premium syndicated research.