Naples and New York investment firms specializing in REITs join forces

NAPLES — The Real Estate Management Services Group, a Naples-based firm that manages REIT portfolios, has merged with a New York firm with an office in Southwest Florida, LDR Capital Management.

The companies declined to disclose the financial details of the transaction. A spokesman did not return an email requesting what the management structure of the merged companies will look like or the fate of REMS’ founder and managing partner Edward Turville and president John Webster II.