Industry NewsMarkets & Economy

Miller Samuel parts ways with Radar Logic

Collaboration ends after failed acquisition

New York appraisal and consulting firm Miller Samuel Inc., has parted from Radar Logic Inc., a real estate data and analytics company.In September, both companies announced that Radar Logic had reached an agreement to acquire Miller Samuel Inc. The companies had formed Radar Logic LLC in April to collaborate in research and consulting.Jonathan J. Miller, president and CEO for Miller Samuel, had taken a position as executive vice president of Radar Logic Inc. as a part of the planned acquisition."The deal did not close and Miller Samuel has decided to move on," according to a Friday announcement by Miller Samuel. "We will explore new opportunities, continue to prepare and expand our series of market reports on the New York region and provide housing commentary in a local, national and international context."In a blog post, Miller wrote, "I was so confident in the deal being completed by year-end that I agreed to assume the role of executive vice president and director ...

Comments