Radar Logic Inc., a data and analytics company that created a home-price index used for derivatives trading, is acquiring residential real estate appraisal firm Miller Samuel Inc., according to an announcement today. Terms of the transaction were not disclosed.

In April, the companies formed Radar Logic Research LLC to publish real estate research and offer consulting services.

“The acquisition will strengthen both companies’ insight into the residential real estate market while opening new lines of business, including monthly commentary and analysis of the metropolitan statistical areas for which Radar Logic publishes data,” according to the announcement.

Jonathan Miller, co-founder and current president/CEO of Miller Samuel, will serve as executive vice president of Radar Logic Inc. while Miller Samuel co-founder Dina Miller will become CEO of Miller Samuel and oversee its continuing operations, according to the announcement. The first metro-area reports are scheduled for release next month.

Miller said in a statement that the combination of Miller Samuel’s valuation and market-reporting experience and Radar Logic’s data analytics will be “a perfect fit.”

Radar Logic has created a daily price index for residential real estate in U.S. metro areas that is based on real estate transaction data captured from public sources. The daily prices power a Residential Property Index market, in which derivatives and other financial instruments are offered and traded.

Miller Samuel will continue to serve as a real estate appraisal and consulting firm and will continue to prepare market reports for Prudential Douglas Elliman, a Manhattan-based real estate brokerage company.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription