Investcap Advisors LLC, a Waltham-based commercial mortgage backed securities (CMBS) firm, has been acquired by New York-based Trepp LLC.
The acquisition provides Trepp with additional commercial real estate expertise and technology resources that will reinforce its market position in CMBS, according to a statement. It also expands the range of commercial real estate loan and property surveillance products that it can offer.
"We are thrilled to be joining the Trepp team," said Scott Barrie, managing director of Investcap Advisors. "I look forward to helping Trepp expand the depth and breadth of its offerings and I welcome all of the additional benefits that Investcap clients will get given the talent and scale of the Trepp organization."
Barrie, the founder of Investcap Advisors, will be joining Trepp as a managing director, according to a statement. He has more than 25 years of lending experience.
Terms of the acquisition were not disclosed.





