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 drops bid for CoreLogic citing market volatility
Mar 05, 2021CoStar announced it is withdrawing its bid for CoreLogic after the data giant rejected CoStar’s amended offer from its original $6.9B to about $6.6B.
-
CoStar talks failed RentPath buy, the threat of Zillow
Feb 24, 2021 -
CoreLogic adds digital title processing platform
Feb 23, 2021 -
CoStar makes late takeover bid for CoreLogic
Feb 16, 2021 -
CoStar and private equity group battle for CoreLogic
Jan 22, 2021 -
RentPath terminates acquisition agreement with CoStar
Dec 30, 2020 -
Real estate tech roundup: CoStar buys Homesnap
Nov 24, 2020 -
CoStar buying Ten-X Commercial to move commercial real estate deals online
May 14, 2020 -
Birth of a rental monolith? RentPath declares bankruptcy, agrees to sell to CoStar
Feb 12, 2020 -
CoStar buying Cozy to turbocharge Apartments.com
Nov 12, 2018 -
NREI: Multifamily investors are still okay with low cap rates, but that could change soon
Oct 03, 2018 -
Los Angeles hit record multifamily investment activity this year
Jul 30, 2018