ALM Acquires Real Estate Media

Posted on April 1, 2005

American Lawyer Media (ALM), a media company serving legal and business professionals, announced that it has acquired the assets of Real Estate Media, Inc., a provider of commercial real estate news and information. Real Estate Media (REM) is a provider of information for the commercial real estate industry. In addition to Real Estate Forum magazine, REM publishes Real Estate Southern California, Real Estate New York and Real Estate New Jersey. The company also offers the GlobeSt.com and GlobeSt.Retail websites, which provide coverage of industry news for brokers, developers, lenders, managers, real estate lawyers, corporate executives and financiers.

Other REM online publications include GlobeSt.Week and newsletters that address specific commercial real estate segments. REM produces the RealShare conferences, a series of regional events targeted to commercial real estate professionals, in locations throughout the U.S, and acquired the California-based Real Estate Conference Group in 2004. REM is headquartered in New York City.

REM will operate as an independent business unit of ALM. Jonathan A. Schein, a founder of REM's predecessor company in 1986 and president of the group since 1999, will continue to direct the unit, as president of the Real Estate Media Division of ALM.

Headquartered in New York City, ALM is a leading integrated media company, focused on the legal and business communities. ALM currently owns and publishes 39 national and regional magazines and newspapers, including The American Lawyer, Corporate Counsel, The National Law Journal and Real Estate Forum. ALM businesses include book and newsletter publishing, court verdict and settlement reporting, production of professional trade shows, conferences and educational seminars, market research and content distribution.