2008 NOV 24 - (VerticalNews.com) -- Reis, Inc. (NASDAQ:REIS) ("Reis" or the "Company") announced its financial results and operational achievements for the three and nine months ended September 30, 2008.

  Results and Performance

  Reis presents financial information for its two operating segments: the information services segment, which we refer to as Reis Services, and the Residential Development Activities segment. The Company believes that the utilization of segment reporting will assist investors in analyzing the two separate businesses. For comparison purposes, the Company has included pro forma financial information for the nine months ended September 30, 2007, which is presented as if the May 30, 2007 merger (the "Merger") had been consummated between Reis, Inc., then a privately held real estate information company ("Private Reis"), and a wholly owned subsidiary of Wellsford Real Properties, Inc. ("Wellsford") as of January 1, 2006 ...read more

  2008 NOV 17 - (VerticalNews.com) -- Reis, Inc. (NASDAQ:REIS) ("Reis" or the "Company") announced that it will release its third quarter 2008 financial results on the morning of Monday, November 10, 2008. Reis will host a conference call on Monday, November 10, 2008, at 2:00 PM (EST). This call is for the benefit of existing and prospective stockholders, stock analysts, and other interested parties to discuss the third quarter 2008 results and other matters ...read more

  2008 SEP 15 - (VerticalNews.com) -- Reis, Inc. (NASDAQ:REIS) ("Reis" or the "Company") announced that it has completed the sale of eight partially improved lots, in a single transaction, to a regional homebuilder for $900,000 at the Orchards. The Orchards is the Company's single family home development in East Lyme, Connecticut. All of the transaction proceeds were used to partially repay the project's construction loan. Of the Company's 161 residential lots in East Lyme, an aggregate of 33 homes and lots (25 homes and eight lots) have been sold to date ...read more