CoStar Group
CoStar Group, Inc. is a leading provider of commercial real estate information, analytics and online marketplaces. The company was founded by Andrew Florance in 1987, who had the vision of fundamentally changing the way commercial real estate professionals access, use and share information. The company is publicly traded on the Nasdaq under the ticker CSGP.
CoStar Group is headquartered in Washington DC, and has offices throughout the United States, Europe and Canada – operating in a total of 368 markets. Under Florance’s leadership, the company has invested more than $1 billion to create the industry’s first, and largest, independent CRE research operation. Every day, the CoStar research team discovers and verifies information on $1 trillion of potential real estate transactions – and tracks billions of dollars worth of completed deals.
At the core of CoStar Group’s business is a detailed database of commercial properties — size, tenants, photographs and rents. Recently, the company expanded into the residential space by acquiring Apartments.com and ForRent.com.
CoStar Group has developed a reputation for using aggressive litigation and PR tactics against its rivals – evident recently by Florance saying that “Zillow is no longer a relevant player,” upon the demise of Zillow Offers. He went on to say, “We’re about attracting the homebuyers, not the voyeur checking out the inside of their Tinder date’s house.”
Latest Posts
CoStar CEO: ‘We had zero involvement’ with commission lawsuits
Nov 16, 2023Andy Florance, CEO of CoStar Group, wants to set one thing straight: his company had nothing to do with the commission lawsuits.
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CoStar’s 50th quarter of double-digit revenue growth
Oct 24, 2023 -
CoStar poised to acquire UK-based residential portal OnTheMarket
Oct 19, 2023 -
CoStar’s Andy Florance on the rise of Homes.com, the impact of the buyer commission lawsuits & more
Oct 03, 2023 -
Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges
Oct 02, 2023 -
CoStar rides record site traffic to $101 million profit in Q2
Jul 26, 2023 -
Housing industry jobs disappearing amid fears of a prolonged recession
Dec 09, 2022 -
Patrick Dodd no longer ‘interim’ CEO of CoreLogic
Jun 27, 2022 -
CoStar downplays employee attrition, readies resi war chest
Feb 22, 2022 -
CoreLogic leadership change: CEO Frank Martell resigns
Jan 12, 2022 -
Hit list: Inside CoStar’s all-out war against Zillow
Dec 23, 2021 -
Chase’s Keosha Burns to speak at engage summit June 17
Jun 10, 2021