Vista-owned alternative data platform 7Park has acquired Real Factors, a provider of predictive analytics for commercial real estate markets. The acquisition will help 7Park expand its asset management penetration into multi-asset class investors.
The Real Factors platform allows commercial real estate investors, managers and developers, as well as their partners to better understand local and macro markets with a single terminal to consolidate, enrich and analyze vast amounts of proprietary and publicly available data. By joining 7Park Data, the team gains expansive access to best-in-class technology infrastructure, data transformation software and a diverse collection of datasets to create new value for organizations across the commercial real estate industry. The acquisition creates an opportunity for us to serve a new customer base, as well as expand our portfolio of datasets and predictive analytics by leveraging Real Factors’ collection of payroll, permits and location data alongside their deep domain expertise in the commercial real estate market.