CoStar Group Inc (OQ:CSGP)

Apr 22, 2024 09:02 am ET
Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group
Matterport, Inc. (NASDAQ: MTTR), The spatial data company leading the digital transformation of the built world, announced today that it has entered into a definitive agreement with CoStar Group, Inc., a leading provider of online real estate...
Apr 08, 2024 12:24 pm ET
Mohr Logistics Park Named 2024 "Commercial Development of the Year" CoStar Impact Award Winner
Winners were selected by a panel of more than 660 esteemed industry professionals across 128 markets at the third annual commercial real estate awards
Apr 04, 2024 09:00 am ET
Apartments.com Publishes Multifamily Rent Report for First Quarter of 2024
Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent trends for the first quarter of 2024.
Apr 01, 2024 05:05 pm ET
CoStar Group to Report Financial Results for First Quarter on April 23, 2024
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the first quarter of 2024 following the market close on Tuesday, April 23, 2024. Management will conduct a conference call to discuss the first quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Mar 27, 2024 09:00 am ET
CoStar Group Announces Winners of 2024 CoStar Impact Awards
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2024 CoStar Impact Awards.
Mar 27, 2024 05:00 am ET
CoStar Group Announces Winners of 2024 CoStar Impact Awards
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced the winners of the 2024 CoStar Impact Awards.
Mar 14, 2024 05:43 pm ET
Homes.com Residential Network Reaches All-Time High of 149 Million+ Unique Monthly Visitors in February 2024
The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal. * Homes.com itself achieved a 567% year-over-year (YOY) traffic increase. **
Feb 20, 2024 04:30 pm ET
CoStar Group 2023 Revenue Increased 13%, Apartments.com Crosses $1 Billion in Annualized Run Rate Revenue in January 2024, and Homes.com Crosses $1 Million in Annualized Daily Net New Sales Bookings i
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that revenue for the year ended December 31, 2023 was $2.46 billion, an increase of 13% over revenue of $2.18 billion for the full year of 2022. Revenue for the fourth quarter of 2023 was $640 million, an increase of 12% over revenue of $573 million for the fourth quarter of 2022. Net income was $375 million for the year ended December 31, 2023, compared to $369 million for the year ended December 31, 2022, and net income was $96 million
Feb 13, 2024 05:57 pm ET
CoStar Group Acquires 1201 Wilson Boulevard, a LEED Platinum Office Building in Arlington, Virginia
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the purchase of 1201 Wilson Boulevard, a 552,000 square foot office building in Arlington, Virginia. CoStar Group plans to relocate its Washington, D.C. employees to Arlington and capitalize on nearly $7 million in tax and economic incentives.
Feb 02, 2024 09:00 am ET
Homes.com Ranked Among Top 50 U.S. Domains In Organic Visibility Improvement in 2023
Homes.com, a brand of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today earned the 43rd spot in SISTRIX’s IndexWatch 2023 for organic visibility improvement.
Feb 01, 2024 12:00 pm ET
CoStar Group to Report Financial Results for Fourth Quarter and Full Year 2023 on February 20, 2024
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, will announce financial results for the fourth quarter and full year 2023 following the market close on Tuesday, February 20, 2024. Management will conduct a conference call to discuss the fourth quarter and full year results, as well as the Company’s outlook at 5:00 PM EST that same day.
Jan 16, 2024 04:05 pm ET
CoStar Group Founder and CEO Andy Florance Named as Top Ten on SP 200 Real Estate’s Most Powerful and Influential List
The Swanepoel Power 200, the definitive ranking of the residential real estate brokerage industry’s executives and leaders, has named Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), as one of the nation’s ten most powerful and influential people in real estate for 2023.
Jan 08, 2024 04:17 pm ET
Apartments.com Publishes Multifamily Rent Report for Fourth Quarter of 2023
Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent trends for the fourth quarter of 2023. Throughout the year, a record number of units were delivered, presenting varying supply and demand challenges across the country.
Dec 12, 2023 01:00 pm ET
CoStar Group Completes Acquisition of OnTheMarket.com With Overwhelming 97% Shareholder Support
CoStar Group, Inc. ("CoStar", NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announces the completion of its acquisition of OnTheMarket plc ("OTM"), one of the UK’s three most visited residential property portals.
Dec 12, 2023 10:03 am ET
CoStar Group Completes Acquisition of OnTheMarket.com With Overwhelming 97% Shareholder Support
CoStar Group, Inc. ("CoStar", NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announces the completion of its acquisition of OnTheMarket plc ("OTM"), one of the UK’s three most visited residential property portals.
Nov 20, 2023 09:00 am ET
CoStar Group Partners With Feed More for Thanksgiving Giveaway and Food Drive
This Saturday, November 18th, CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, held a community giving event in partnership with Feed More at the company’s Richmond headquarters.
Nov 15, 2023 02:04 pm ET
CoStar Group Expands its Operations in France, Appoints Sandra Roumi as General Manager
CoStar Group (NASDAQ: CSGP), a leading global provider of online real estate marketplaces, information news and analytics, announced today the appointment of Sandra Roumi as its first France General Manager, to lead the Group’s France expansion efforts.
Nov 13, 2023 04:05 pm ET
Andy Florance Named Amongst Inman’s Best of Proptech Award Winners for Entrepreneurs
Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online marketplaces, information and analytics in the property markets, was named amongst Inman’s Best of Proptech Award winners for the Entrepreneur category.
Nov 07, 2023 04:05 pm ET
Apartments.com Publishes October 2023 Multifamily Rent Report
Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent trends for October 2023. On a month-over-month basis, rents rose in six of the top 50 largest markets in October.
Oct 30, 2023 03:30 pm ET
CoStar Group Sponsored Successful Keep Virginia Beautiful Tree Planting Event
This Sunday, October 29th, CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, partnered with Keep Virginia Beautiful, Capital Trees, and the City of Richmond's Parks, Recreation, and Community Facilities (PRCF) to plant 50 trees in Canoe Run Park.
Oct 24, 2023 04:05 pm ET
CoStar Group Third Quarter 2023 Revenue Increased 12% Year-over-Year Marking 50 Straight Quarters of Double-Digit Revenue Growth
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended September 30, 2023 was $625 million, up 12% over revenue of $557 million for the quarter ended September 30, 2022. Net income was $91 million in the third quarter, an increase of 25% over the prior year.
Oct 19, 2023 02:20 am ET
CoStar Group Offers to Acquire Leading UK Residential Property Portal OnTheMarket
CoStar Group, Inc. (NASDAQ: CSGP), a leading global provider of online real estate marketplaces, information, and analytics, announced a proposal today to acquire OnTheMarket, the third most visited residential property portal in the United Kingdom, for £1.10 per share in cash or approximately £100 million.
Oct 17, 2023 09:00 am ET
CoStar Group Founder and CEO Andy Florance Recognized on Commercial Observer’s 2023 Power Proptech List
Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, was named one of the most powerful people in commercial real estate proptech by Commercial Observer for the second consecutive year.
Oct 12, 2023 11:59 am ET
CoStar Group Calls for Entries Ahead of Third Annual CoStar Impact Awards
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, is accepting nominations for the third annual CoStar Impact Awards. The CoStar Impact Awards identify and highlight exemplary commercial real estate transactions and projects that have had a significant influence in neighborhoods or submarkets across 128 major markets in the United States, Canada and United Kingdom. The awards will recognize exemplary projects and transactions completed in 2023, as selected by a panel of industry professionals drawn from each r
Oct 06, 2023 01:03 pm ET
Apartments.com Releases Rent Growth Report for Third Quarter of 2023
Today, Apartments.com – a CoStar Group online marketplace – published an in-depth report of multifamily rent growth trends for the third quarter of 2023. Imbalances between supply and demand continue to plague the once fast-growing Sun Belt markets, while markets in the Northeast and Midwest round out the top rent growth leaders.
Oct 03, 2023 02:00 pm ET
CoStar Group to Report Financial Results for Third Quarter on October 24, 2023
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, will announce financial results for the third quarter of 2023 following the market close on Tuesday, October 24, 2023. Management will conduct a conference call to discuss the third quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Oct 02, 2023 04:07 pm ET
Homes.com Skyrockets Past 100 Million Unique Visitors in September
CoStar Group (NASDAQ: CSGP), an S&P500 leading provider of online real estate marketplaces, information, and analytics, today announced Homes.com achieved a major milestone in September with over 100 million unique visitors, now positioning Homes.com as one of the two most heavily trafficked real estate portals in the U.S.
Sep 26, 2023 05:14 pm ET
Andy Florance Honored with Gold Globee for CEO of the Year by Globee Business Awards
Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today was named a Gold Globee winner for CEO of the Year at the 11th Annual Globee Awards for Leadership.
Sep 07, 2023 11:00 am ET
Andy Florance Named 2023 Tech Titan By Washingtonian Magazine
Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today was honored as one of Washingtonian’s 2023 Tech Titans.
Aug 10, 2023 09:00 am ET
CoStar Group Partners with Richmond Public Schools to Provide School Supplies for More than 35,000 Students
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced it is serving as the lead sponsor of the sixth annual Ultimate Backpack Supply Drive, a program working to provide students at Richmond public schools with more than 35,000 backpacks filled with essential school supplies to help start the school year off on the right foot, free of charge.
Aug 01, 2023 09:00 am ET
CoStar Group Appoints Angelique Brunner to Board of Directors
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, today announced the expansion of its board to nine members with the appointment of Angelique Brunner as an independent member of the board.
Jul 25, 2023 04:05 pm ET
CoStar Group Second Quarter 2023 Revenue Increased 13% Year-over-Year and Net New Bookings Were $82 Million. CoStar Group Reaches 105 Million Monthly Visitors.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended June 30, 2023 was $606 million, 13% over revenue of $536 million for the quarter ended June 30, 2022. Net income was $101 million in the second quarter, an increase of 20% over prior year.
Jul 17, 2023 09:00 am ET
Ten-X Announces Season 2 of “Battle of the Bids” Property Auction Competition with Enhanced Features and Larger Prizes
Ten-X – the world's largest online commercial real estate exchange and a CoStar Group brand – today announced the launch d
Jul 12, 2023 04:15 pm ET
Apartments.com Publishes Rent Growth Report for Second Quarter of 2023
Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent growth trends for the second quarter of 2023. Supply continues to outpace demand across the country with 520,000 new units expected to be delivered by the end of the year.
Jul 05, 2023 02:00 pm ET
CoStar Group to Report Financial Results for Second Quarter on July 25, 2023
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter following the market close on Tuesday, July 25, 2023. Management will conduct a conference call to discuss the second quarter, as well as the Company’s outlook at 5:00 PM EDT that same day.
Jun 08, 2023 04:00 pm ET
CoStar Group Named to 20th Anniversary Edition of Forbes Global 2000
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today was named to Forbes Global 2000 20th Anniversary list, recognizing the company’s global influence and sustained growth.
May 26, 2023 01:42 pm ET
CoStar Group Signs Science Based Targets Initiative (SBTi) Commitment for Emissions Reduction
Today, CoStar Group, a leading provider of online real estate marketplaces, information and analytics in the property markets, announced that its founder and CEO Andy Florance has signed a commitment letter to set near-term and long-term science-based greenhouse gas emission reduction targets in accordance with the Science Based Targets Initiative (SBTi).
May 22, 2023 04:30 pm ET
Ten-X Releases Auction Insights Report Featuring Data-Driven, Proprietary Insights on Multifamily Housing Industry
Ten-X – the world's largest online commercial real estate exchange and a CoStar Group brand – today released its second
May 17, 2023 09:00 am ET
LoopNet and Google Release Commercial Real Estate Study Focused on Identifying Trends in Tenant and Investor Online Search Behavior
Today, LoopNet, a CoStar Group (NASDAQ: CSGP) company, issued the latest installment in a multi-year research effort providing insights into the commercial real estate search behavior of commercial property tenants and investors. The research was led by
May 16, 2023 05:00 pm ET
CoStar Group Founder and CEO Andy Florance Named to Commercial Observer Power 100
Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today was honored as one of Commercial Observer’s Power 100.
May 12, 2023 02:15 pm ET
CoStar Group Announces $18 Million Commitment to Virginia Commonwealth University for the Construction of the CoStar Center for Arts and Innovation, for the Creative and Digital Economy
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced a historic partnership with Virginia Commonwealth University (VCU) to support the development of its planned Arts and Innovation Academic Building through an $18 million commitment. The project, tentatively to be named the CoStar Center for Arts and Innovation, subject to legal requirements and any necessary approval by the VCU Board of Visitors, the Commonwealth’s Department of General Services, or other state agencie
May 11, 2023 10:30 am ET
Property Vista Expands Listing Syndication Partnerships with the Leading Online Rental Marketplace
TORONTO, May 11, 2023 /CNW/ - Property Vista Software Inc. ("Property Vista"), an enterprise multifamily property management software solution is excited to announce its newest listing syndication partnership with Apartments.com, a CoStar Group (NASDAQ: CSGP) brand that is the premier online rental marketplace in North America. Property Vista and Apartments.com now integrate to make it easy for Property Vista's multifamily customers to promote their active rental listings on Apartments.com to reach a wider, tech-savvy audience at no additional cost.
May 04, 2023 04:30 pm ET
Apartments.com Publishes April 2023 Rent Growth Report
Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent growth trends for April 2023 backed by analyst observations. For the first time since the third quarter of 2021, vacancy rates did not increase, holding steady at 6.7%.
May 03, 2023 09:55 am ET
CoStar Group Launches the Next Generation of STR
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry. STR Benchmarking represents the next generation of STR, with the company’s hotel data benchmarking, analytics and marketplace insights integrated into CoStar’s industry-leading information, analytics, and data-driven news platform.
Apr 28, 2023 11:13 am ET
Mixed Performance in the Latest CoStar Composite Price Indices
This month’s CoStar Commercial Repeat Sale Indices (CCRSI) provides the market’s first look at commercial real estate pricing trends through March 2023. Based on 1,164 sale pairs in March 2023 and more than 289,037 repeat sales since 1996, the CCRSI offers the broadest measure of commercial real estate repeat sales activity.
Apr 25, 2023 04:05 pm ET
CoStar Group First Quarter 2023 Revenue Increased 13% Year-over-Year and Net New Bookings Grew 17% to $80 Million
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended March 31, 2023 was $584 million, an increase of 13% over revenue of $516 million for the quarter ended March 31, 2022. Net income was $87 million and net income per diluted share was $0.21 for the first quarter of 2023.
Apr 10, 2023 10:24 am ET
Apartments.com Releases Rent Growth Report for First Quarter of 2023
Today, Apartments.com — a CoStar Group company — published an in-depth report of multifamily rent trends for the first quarter of 2023. The negative trends in the multifamily market persisted at the start of the year.
Apr 03, 2023 04:05 pm ET
Apartments.com Leans Into Streaming Video and Social Media in New 2023 Advertising Campaign
Apartments.com, a CoStar Group brand (NASDAQ: CSGP), has launched a new multichannel marketing campaign that marks the brand’s largest shift to streaming video and social media to reach renters based on their evolving media consumption habits. For the first time ever, the 2023 campaign relies on streaming video as the largest investment of all awareness channels, rather than linear TV.
Apr 03, 2023 02:00 pm ET
CoStar Group to Report Financial Results for First Quarter 2023 on April 25, 2023
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter of 2023 following the market close on Tuesday, April 25, 2023. Management will conduct a conference call to discuss the first quarter results, as well as the Company’s outlook at 5:00 PM ET that same day.
Mar 31, 2023 09:00 am ET
CoStar Group Announces Winners of 2023 CoStar Impact Awards
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2023 CoStar Impact Awards.
Mar 08, 2023 01:00 pm ET
Apartments.com Publishes February 2023 Rent Growth Report
Today, Apartments.com – a CoStar Group company – released an in-depth report of multifamily rent growth trends for February 2023 backed by analyst observations. February marks the second month in a row of positive month over month rent growth, signaling a surprisingly strong start to the year but still not enough to reverse the downward movement of annual rents.
Feb 21, 2023 04:05 pm ET
CoStar Group 2022 Revenue Increased 12% Year-over-Year and Full Year Net New Bookings Grew 41% to a Record $305 Million
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the year ended December 31, 2022 was $2.18 billion, an increase of 12% over revenue of $1.94 billion for the full year of 2021. Revenue for the fourth quarter of 2022 was $573 million, an increase of 13% over revenue of $507 million for the fourth quarter of 2021.
Feb 21, 2023 09:58 am ET
CoStar Group Publishes 2023 Environmental, Social, and Governance Report
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, released today its 2023 Environmental, Social, and Governance Report. The report highlights the company’s commitment to making business decisions that prioritize its people, communities, and shareholders through meaningful environmental, social and governance (ESG) practices.
Feb 09, 2023 05:00 pm ET
Apartments.com Reveals Positive Monthly Rent Growth in January 2023 Report
Today, Apartments.com – a CoStar Group company – released an in-depth report of multifamily rent growth trends for January 2023 backed by analyst observations. For the first time in five months, month over month rent data showed positive growth, with Midwestern markets like Indianapolis and Cincinnati emerging as top rent growth leaders.
Feb 07, 2023 05:25 pm ET
Apartments.com Expands to Canadian Markets
Apartments.com – a CoStar Group company – today launched its official expansion into the Canadian market. The move marks a significant milestone for apartment searchers in Canada, providing them with a vast array of in-depth listings of rental properties across the country.
Jan 25, 2023 08:00 am ET
CoStar Group to Report Financial Results for Fourth Quarter and Full Year 2022 on February 21, 2023
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the fourth quarter and full year 2022 following the market close on Tuesday, February 21, 2023. Management will conduct a conference call to discuss the fourth quarter and full year results, as well as the Company’s outlook at 5:00 PM EST that same day.
Jan 10, 2023 05:29 pm ET
CoStar Group CEO and Founder Andy Florance Named as Top Ten on SP200 Real Estate’s Most Powerful and Influential List
The Swanepoel Power 200 (SP 200), the definitive ranking of the residential real estate brokerage industry’s executives and leaders, has named Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), as one of the nation’s ten most powerful and influential people in real estate for 2023.
Jan 10, 2023 09:00 am ET
Apartments.com Releases Q4 2022 Growth Report
Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for Q4 2022 backed by analyst observations. Across the board, multifamily fundamentals continued to deteriorate throughout the fourth quarter with limited absorption, significant imbalances between supply and demand and ongoing economic uncertainty.
Dec 12, 2022 06:50 pm ET
CoStar Group Selected by NASDAQ for 100 Index®
CoStar Group (NASDAQ: CSGP), a leading global provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, announced today that the company will be added to the NASDAQ 100 Index®, effective prior to the opening of trading on Monday, December 19, 2022.
Dec 09, 2022 08:00 pm ET
Annual Changes to the Nasdaq-100 Index
Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 19, 2022. The following six companies will be added to the...
Dec 02, 2022 09:00 am ET
Apartments.com Publishes November 2022 Growth Report
Apartments.com – a CoStar Group company – released an in-depth report of multifamily rent growth trends for November 2022 backed by analyst observations. Monthly asking rents declined for their fourth straight month with the Sunbelt, Las Vegas and Phoenix highlighting the true nature of the deteriorating rent situation.
Nov 30, 2022 05:07 pm ET
CoStar Group Integrates Homesnap Operations With Homes.Com
CoStar Group (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – today announced the next steps in its integration of Homes.com and Homesnap.
Nov 22, 2022 04:15 pm ET
CoStar Group Named to Northern Virginia Technology Council’s 2022 Tech 100 List
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, has been selected as a Tech 100 Honoree by Northern Virginia Technology Council (NVTC), the membership and trade association for the Northern Virginia technology community.
Nov 14, 2022 09:00 am ET
World’s First and Largest Commercial Property Online Marketplace Launches in the UK
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, has launched LoopNet, the world’s largest commercial property marketplace, in the UK market. The launch marks the creation of the world’s first international commercial real estate online marketplace, allowing tenants, brokers and investors to access properties available for sale and lease across multiple countries on a single platform.
Nov 04, 2022 10:41 am ET
Apartments.com Releases October 2022 Rent Growth Report
Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for October 2022 backed by analyst observations. Month over month rent decline hit a three-month streak with October’s numbers in the books, alongside continued evidence the once fastest growing markets have lost momentum and new markets are coming into play.
Nov 01, 2022 01:50 pm ET
CoStar Group Breaks Ground on Campus Expansion in Richmond
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today broke ground on its research and technology center expansion in Richmond, Virginia. CoStar Group celebrated the milestone with a ceremony and speeches from The Honorable Glenn Youngkin, Governor, Commonwealth of Virginia; The Honorable Caren Merrick, Secretary of Commerce and Trade, Commonwealth of Virginia; The Honorable Levar Stoney, Mayor, City of Richmond; The Honorable Ellen F. Robertson, Council Vice President, Richmond Ci
Oct 27, 2022 09:00 am ET
CoStar Group Calls for Submissions Ahead of Second Annual CoStar Impact Awards
CoStar Group (NASDAQ: CSGP) is excited to formally announce that submissions have opened for the second annual CoStar Impact Awards. The CoStar Impact Awards seek to identify and highlight commercial real estate projects and transactions that have had a signifcant influence in neighborhoods or submarkets accross 128 major international markets in the United States, Canada and the United Kingdom. The awards will recognise exemplary projects and transactions completed in 2022, as selected by a panel of industry professionals drawn from each respective market.
Oct 25, 2022 04:05 pm ET
CoStar Group Third Quarter 2022 Revenue Increased 12% and Net New Bookings Grew 62% Year-over-Year. Apartments.com Climbs to Double-Digit Revenue Growth
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended September 30, 2022 was $557 million, an increase of 12% over revenue of $499 million for the third quarter of 2021.
Oct 24, 2022 09:00 am ET
CoStar Group Founder and Chief Executive Officer Andrew Florance Named One of 30 Most Powerful People in Commercial Real Estate Proptech by Commercial Observer
Commercial Observer has released their Power Proptech list recognizing the 30 most powerful people in commercial real estate proptech, featuring CoStar Group’s Founder and Chief Executive Officer, Andrew Florance. 2022 was a year of change in the proptech industry with a reduction in investment and the consolidation of several companies. However, as Commercial Observer’s list notes, the 30 individuals recognized in this inaugural list weathered the storm and have emerged as leaders in the industry.
Oct 13, 2022 04:05 pm ET
CoStar Group Acquires Fairmas Benchmarking, a Leading Hospitality Benchmarking Product in Germany
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today that it has acquired Fairmas Benchmarking, a leading German hospitality benchmarking product, from Fairmas GmbH.
Oct 04, 2022 02:00 pm ET
CoStar Group to Report Financial Results for Third Quarter 2022 on October 25, 2022
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the third quarter 2022 following the market close on Tuesday, October 25, 2022. Management will conduct a conference call to discuss the third quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Oct 04, 2022 09:00 am ET
Apartments.com Publishes Q3 2022 Rent Growth Report
Today, Apartments.com – a CoStar Group company – released an in-depth report of multifamily rent growth trends for Q3 2022 backed by analyst observations. The report highlights the stark reversal of fortune across the multifamily market, including rent decreases in the largest markets, major slowdowns across the Sunbelt and increased unit deliveries despite wavering demand.
Sep 28, 2022 09:00 am ET
Andrew Florance Named Visionary of the Year and CEO of the Year at the 10th Annual CEO World Awards
Andrew Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today was recognized with two winning nominations for Globee Awards’ 10th Annual CEO World Awards. Mr. Florance was named Globee Visionary Leader of the Year and Globee CEO of the Year (Technology).
Sep 16, 2022 05:56 pm ET
CoStar Group, Inc. Announces Pricing of Common Stock Offering
CoStar Group, Inc. (Nasdaq: CSGP) (“CoStar”) announced today that it has priced its offering of 10,656,436 shares of its common stock at a price of $70.38 per share. Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint book-running managers for the offering. The offering is expected to close on September 20, 2022, subject to customary closing conditions. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions CoStar determines to pursue in the future, to finance the growth of its business and for working capital and othe
Sep 14, 2022 06:35 am ET
CoStar Group, Inc. Announces Public Offering of Common Stock in Conjunction with Inclusion into the S&P 500 Index
CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar”), a leading provider of online real estate marketplaces, information and analytics, announced today that in conjunction with the September 2, 2022 announcement by Standard & Poor’s (“S&P”) to include CoStar in the S&P 500 index, CoStar has commenced a public offering of $750 million of its common stock, representing approximately 9.79 million shares (based on the closing price on September 13, 2022 of $76.64). CoStar plans to market the offering primarily to S&P 500 index funds expected to have an interest in purchasing shares ahead of the date of Co
Sep 12, 2022 09:00 am ET
CoStar Group is Selected for Inclusion in the S&P 500 Index, Joining a Premier Group of Some of the Largest and Most Successful Companies in the World
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, announced today that the company has been selected for inclusion in the S&P 500 Index, effective prior to the opening of trading on Monday, September 19, 2022.
Sep 08, 2022 10:00 am ET
Apartments.com Releases August 2022 Rent Growth Report
Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for August 2022 backed by analyst observations.
Sep 06, 2022 09:31 am ET
Thinking about trading options or stock in CoStar Group, Meta Platforms, Nvidia, Exxon Mobil, or Automatic Data Processing?
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CSGP, META, NVDA, XOM, and ADP.
Sep 02, 2022 06:59 pm ET
CoStar Group, Invitation Homes Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600
NEW YORK, Sept. 2, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 19 to coincide with the quarterly rebalance:
Aug 29, 2022 04:05 pm ET
CoStar Group Sponsors the Global Warming Mitigation Project’s Keeling Curve Prize Laureate Celebration
CoStar Group (NASDAQ: CSGP) today announced its participation as a sponsor in the inaugural Keeling Curve Prize (KCP) Laureate Celebration, an event hosted by the Global Warming Mitigation Project, a 501(c)(3) nonprofit that aims to pave the way to a livable future by bringing visibility, credibility and funding to science-backed climate solutions around the globe while providing inclusive and positive opportunities for individuals, companies, and organizations to contribute to climate mitigation efforts.
Aug 24, 2022 09:34 am ET
Central London Office Availability up 51% to Highest Level in More Than 15 Years
Office availability in central London has risen by 51% since the end of 2019 to stand at its highest level in more than 15 years, according to CoStar Group, a leading provider of online real estate marketplaces, information and analytics in the property markets.
Aug 18, 2022 04:05 pm ET
Ten-X Announces Million-Dollar “Battle of the Bids” Winner in First-Ever Gamified Real Estate Competition
Ten-X – the world's largest online commercial real estate exchange and a CoStar Group brand – today announced the top winner of its first “Battle of the Bids” competition. The grand prize winner, Mike King, a real estate broker at Seattle’s Kidder Mathews, received the $1,000,000 grand prize as well as a donation of $100,000 to a charity of his choice.
Aug 09, 2022 09:00 am ET
CoStar Group Partners with Richmond Public Schools to Provide School Supplies for 50,000+ Students
CoStar Group (NASDAQ: CSGP) today announced its participation as the lead sponsor in the fifth annual Ultimate Backpack Drive, an initiative to provide students at Richmond Public Schools with 50,000+ backpacks filled with school supplies, free of charge, to ensure students start their school year on the right foot.
Aug 08, 2022 09:00 am ET
CoStar Group Named ‘Company of the Year’ at 2022 Inman Innovator Awards
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, was awarded the prestigious title of Company of the Year at the 2022 Inman Innovator Awards.
Aug 03, 2022 09:00 am ET
Apartments.com Publishes July 2022 Rent Growth Report
Today, Apartments.com – a CoStar Group company – released an in-depth report of multifamily rent growth trends for July 2022 backed by analyst observations.
Jul 26, 2022 04:05 pm ET
CoStar Group Second Quarter 2022 Net New Bookings Grew 66% and Net Income Increased 37% Year-over-Year
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended June 30, 2022, was $536 million, an increase of 12% over revenue of $480 million for the second quarter of 2021.
Jul 21, 2022 04:05 pm ET
CoStar Group’s Lisa Ruggles Recognized Nationally Among CRE’s Women of Influence and Presented with the 2022 Mentor Award by GlobeSt. Real Estate Forum and GlobeSt.com
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, is proud to announce that the Company’s Senior Vice President of Global Operations, Lisa Ruggles, has been named a winner of the 2022 Wo
Jul 07, 2022 04:11 pm ET
Multifamily Rent Growth Across the Country Cools in Q2
Today, CoStar Group released the findings from its second quarter report on rent growth in the United States. According to the nationwide study, while demand is up 9.2% year over year, this figure is down from 11.4% at the end of the first quarter. These findings mark a continued downward trend in rent growth, with this now being the third quarter in a row of diminishing demand. The report also found that the vacancy rate is up 10 basis points, rising to 5% nationally.
Jul 05, 2022 12:00 pm ET
CoStar Group to Report Financial Results for Second Quarter 2022 on July 26, 2022
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter 2022 following the market close on Tuesday, July 26, 2022. Management will conduct a conference call to discuss the second quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Jun 30, 2022 08:30 am ET
Jun 21, 2022 04:11 pm ET
Apartments.com Announces New ‘Listing of the Future’
Today Apartments.com, the leading online rental network in the United States, announced the launch of its Listing of the Future, an innovative new approach to listing apartments. The Listing of the Future will debut at Apartmentalize 2022 in San Diego.
Jun 09, 2022 09:37 am ET
CoStar Group Announces $5 Million Commitment to Management Leadership for Tomorrow
Today, CoStar Group is proud to announce a $5 million commitment to Management Leadership for Tomorrow (MLT), a national nonprofit dedicated to providing Black, Latinx, and Native American students with the coaching, career preparation and access to professional networks necessary to become the next generation of leaders. The donation, which will be allocated over the next five years to boost the nonprofit’s undergraduate program, follows a $1 million pledge made by CoStar Group in 2017 to support MLT’s diversity leadership programs.
Jun 07, 2022 09:00 am ET
Apartments.com Publishes May 2022 Rent Growth Report
Today, Apartments.com – a CoStar Group company – released an in-depth look at national multifamily rent growth trends for May 2022 backed by analyst observations.
Jun 06, 2022 09:00 am ET
CoStar Group’s Michael Desmarais Named 2022 Human Resources Professional of the Year in The Globee® Awards’ Coveted Annual Golden Bridge Awards Program
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, proudly announced today that The Globee® Awards, organizers of world’s premier business awards programs and business ranking lists, has named CoStar Group’s Chief Human Resources Officer Michael Desmarais as the
Jun 02, 2022 04:51 pm ET
CoStar Group Appoints Cyndi Eakin as Senior Vice President of Investor Relations
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of commercial and residential real estate information, analytics, and online marketplaces, today announced the appointment of Cyndi Eakin as Senior Vice President of Investor Relations, effective immediately.
May 23, 2022 09:00 am ET
CoStar Group Vice President of Research Corey Durant Recognized in The EMPower Ethnic Minority Role Model List 2022
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, proudly announced today that Corey Durant, Vice President of Research, was named to the 2022 EMPower Ethnic Minority Role Model Lists.
May 20, 2022 09:00 am ET
CoStar Group Founder and CEO Andrew C. Florance Named 2022 Tech Titan by Washingtonian Magazine
Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – was named one of Washingtonian Magazine’s 2022 Tech Titans.
May 19, 2022 10:10 am ET
CoStar Group Publishes New Retail Sector Findings
Researchers at CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – today unveiled a new look at recovery trends among the commercial real estate retail market in the aftermath of the global pandemic.
May 06, 2022 09:38 am ET
Apartments.com Publishes April 2022 Rent Growth Report
Today, Apartments.com – a leading national online marketplace owned by CoStar Group – released an in-depth look at national multifamily rent growth trends for April 2022 backed by analyst observations.
May 05, 2022 04:05 pm ET
Definitive Healthcare Names Robert Musslewhite as CEO Effective August 1, 2022
Definitive Healthcare Corp. (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced that its Board of Directors has appointed Robert Musslewhite as the company’s next CEO, effective August 1, 2022. Jason Krantz,...
May 04, 2022 09:19 am ET
Battle of the Bids Contest Heats Up as Ten-X Unveils Round Two Winners
Ten-X – the world’s largest online commercial real estate exchange – today unveiled the cash prize winners as round two of the company’s Battle of the Bids contest comes to a close.
May 02, 2022 11:14 am ET
CoStar Group Expands Richmond Office Footprint With Purchase of Riverfront Office Building
CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – today announced the expansion of the company’s corporate office footprint in Richmond, VA., with the purchase of a 5-story 117,448 SF office building in the Manchester neighborhood for $20 million. The property was vacant at the time of the sale and was formerly fully occupied by SunTrust (now Truist), which relocated to an adjacent building.
Apr 28, 2022 04:05 pm ET
CoStar Group Welcomes Robert Stassen as New Head of Analytics for Expanding Europe Region
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, announced today the hire of Robert Stassen as Head of Analytics for Europe.
Apr 27, 2022 04:30 pm ET
LoopNet Soars Past Records for Quarterly Site Traffic in the First Quarter of 2022
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that LoopNet, the top online commercial real estate marketplace, experienced a record-breaking quarter for site traffic in the first quarter of 2022.
Apr 26, 2022 04:13 pm ET
CoStar Group First Quarter 2022 Revenue Increased 13% Year-over-Year and Net New Bookings Grew 31% to a Record $68 Million
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended March 31, 2022, was $516 million, an increase of 13% over revenue of $458 million for the first quarter of 2021.
Apr 25, 2022 09:07 pm ET
CoStar Group Appoints David Mele as President of LoopNet
CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets today proudly announced the appointment of David Mele as the new President of LoopNet.
Apr 22, 2022 03:49 pm ET
CoStar Group Highlights Green Initiatives in Recognition of Earth Day
In honor of Earth Day, CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – has underscored the company’s commitment to a greener tomorrow by reflecting on a suite of environmental initiatives.
Apr 20, 2022 10:30 am ET
Apartments.com Launches New Marketing Campaign Focused on Changing Consumer Rental Behavior Post-Pandemic
Apartments.com, a CoStar Group brand (NASDAQ: CSGP) recently released the first in a series of new TV spots as part the company’s 2022 marketing campaign. The new campaign – developed in partnership with Rubin Postaer and Associates– gets to the heart of what matters most to renters, as many prepare to make their first move in the wake of the COVID-19 pandemic.
Apr 13, 2022 09:00 am ET
CoStar Group Launches Internal Leadership and Accelerator Programs
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced the launch of two new programs focused on fostering employee growth.
Apr 08, 2022 05:11 pm ET
CoStar News Honored With Innovation Award From Society for Advancing Business Editing and Writing
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, proudly announced today that CoStar news has received the prestigious Best in Business Award for Innovation from the Society for Advancing Business Editing and Writing (SABEW).
Apr 06, 2022 09:00 am ET
CoStar Group Acquires Business Immo, a Leading Commercial Real Estate News Service in France
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the acquisition of France’s premier commercial real estate news service, Business Immo.
Apr 05, 2022 05:00 pm ET
CoStar Group to Report Financial Results for First Quarter 2022 on April 26, 2022
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter 2022 following the market close on Tuesday, April 26, 2022. Management will conduct a conference call to discuss the first quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Apr 04, 2022 08:30 am ET
Ten-X Launches First Battle of the Bids Contest
Ten-X – the world’s largest online commercial real estate exchange announces its Battle of the Bids Game. The eight-round game launches April 11th inviting CoStar Group customers to engage with the Ten-X platform in a unique way while having the opportunity to earn cash prizes.
Mar 31, 2022 12:56 pm ET
CoStar Group Announces Winners of 2022 CoStar Impact Awards™
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets announced today the winners of its 2022 CoStar Impact Awards.
Mar 10, 2022 04:48 pm ET
CoStar Group Hires Gene Boxer as General Counsel
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the hire of Gene Boxer as General Counsel and Corporate Secretary. As the newest member of CoStar Group’s executive leadership team and strategic advisor to the CEO, Mr. Boxer will oversee the legal and compliance function of the firm.
Mar 08, 2022 05:43 pm ET
Introducing CoStar for Lenders, a Groundbreaking Live Integration of Data, Models and Analytics for Commercial Real Estate Lending
Today, CoStar Group, Inc. (NASDAQ: CSGP) announced the launch of CoStar for Lenders, a fully integrated platform that pairs a user’s commercial real estate loan portfolio with the power of CoStar’s industry-leading property information; market analytics; and proprietary COMPASS credit default model, a best-in-class tool for over 17 years.
Feb 22, 2022 04:30 pm ET
CoStar Group Full Year 2021 Revenue Increased 17% Year-over-Year and Fourth Quarter Net Sales Bookings Grew 37% to a Record $67 Million
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today that revenue for the year ended December 31, 2021, was $1.94 billion, an increase of 17% over revenue of $1.66 billion for the full year of 2020. Revenue for the fourth quarter of 2021, was $507 million, an increase of 14% over revenue of $444 million for the fourth quarter of 2020.
Feb 22, 2022 09:01 am ET
CoStar Group Publishes First Corporate Social Responsibility Report, Demonstrates Commitment to Positive ESG Practices
Today, CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property sectors, has published its first Sustainability Report, underscoring its commitment to building a foundation of responsible business strategies that drive value for its people, communities, and shareholders through positive environmental, social and governance (ESG) practices.
Feb 09, 2022 09:47 pm ET
CoStar Group Launches New ‘CoStar Impact Awards’ to Spotlight Exemplary CRE Transactions and Projects
Today, CoStar Group, Inc. (NASDAQ: CSGP) announces the launch of the 2022 CoStar Impact Awards – the industry leader’s latest annual awards program – which will recognize exemplary commercial real estate projects and transactions completed in 2021 with significant influence in neighborhoods or submarkets across 11 major U.S. markets.
Feb 04, 2022 05:02 pm ET
CoStar Group to Report Financial Results for Fourth Quarter and Full Year 2021 on February 22, 2022
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the fourth quarter and full year 2021 following the market close on Tuesday, February 22, 2022. Management will conduct a conference call to discuss fourth quarter and full year 2021 results as well as the Company’s outlook at 5:00 PM EST that same day.
Dec 17, 2021 09:38 am ET
CoStar Group Announces Plans for Expanded Corporate Campus in Richmond, Virginia
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics, specializing in multifamily and single family residential, office, industrial, retail, hospitality and land property sectors, announced today the planned expansion of its research and technology center in Richmond, Virginia. The new corporate campus is expected to bring together over 3,000 employees to collaborate on cutting-edge technologies and research in support of the real estate industry. Over the next five to ten years, the planned growth would make CoStar Group the large
Oct 26, 2021 04:05 pm ET
CoStar Group Third Quarter 2021 Revenue Increased 17% Year-over-Year, CoStar Accelerated to Double-Digit Revenue Growth with Net Sales Reaching All-Time High
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics, and online marketplaces, announced today that revenue for the quarter ended September 30, 2021, was $499 million, an increase of 17% over revenue of $426 million for the third quarter of 2020.
Oct 13, 2021 08:30 am ET
The Real Estate Board of New York Partners with Real Estate Technology Leader Homesnap to Launch Public Portal For New York City’s Residential Listing Service
The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today announced a partnership with Homesnap, one of the leading national providers of technology solutions for the residential real estate industry, to create the first-ever, consumer-facing search website and mobile app for its
Oct 07, 2021 04:30 pm ET
Robert Musslewhite Joins Definitive Healthcare as President
Definitive Healthcare (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced that Robert Musslewhite has joined the company as President, a newly created role on the company’s Executive Leadership Team. “Robert’s...
Oct 05, 2021 09:00 am ET
CoStar Group to Report Financial Results for Third Quarter 2021 on October 26, 2021
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the third quarter of 2021 following the market close on Tuesday, October 26, 2021. Management will conduct a conference call to discuss third quarter results and the Company’s outlook at 5:00 PM EDT that same day.
Oct 01, 2021 09:09 am ET
CoStar Group Acquires BureauxLocaux, a Leading Commercial Property Digital Marketplace in France
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has acquired COMREAL INFO, the owner and operator of BureauxLocaux.com.
Sep 08, 2021 10:00 am ET
CoStar Group Hires Jay Lybik as National Director of Multifamily Analytics
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces announced today the appointment of Jay Lybik as National Director of Multifamily Analytics. The hire will elevate the company’s already powerful analytics in the U.S. multifamily sector, adding value for CoStar Group clients and the commercial real estate industry.
Aug 13, 2021 08:06 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CoStar Group, Inc. - CSGP
Pomerantz LLP is investigating claims on behalf of investors of CoStar Group, Inc. (“CoStar” or the “Company”) (NASDAQ: CSGP).   Such investors are advised to contact Robert S. Willoughby at  [email protected] or 888-476-6529, ext. 7980. The...
Aug 11, 2021 08:11 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CoStar Group, Inc. - CSGP
NEW YORK, Aug. 11, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CoStar Group, Inc. ("CoStar" or the "Company") (NASDAQ: CSGP). Such investors are advised to contact Robert S. Willoughby at  [email protected] or 888-476-6529, ext. 7980.
Aug 03, 2021 05:30 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CoStar Group, Inc. - CSGP
NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CoStar Group, Inc. ("CoStar" or the "Company") (NASDAQ: CSGP).   Such investors are advised to contact Robert S. Willoughby at  [email protected] or 888-476-6529, ext. 7980.
Jul 28, 2021 05:45 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CoStar Group, Inc. - CSGP
NEW YORK, July 28, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CoStar Group, Inc. ("CoStar" or the "Company") (NASDAQ: CSGP). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
Jul 27, 2021 04:15 pm ET
CoStar Group Second Quarter 2021 Revenue Increases 21% Year-over-Year, Visitors to CoStar Group Marketplaces up over 45% Year-over-Year
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics, and online marketplaces, announced today that revenue for the quarter ended June 30, 2021 was $480 million, an increase of 21% over revenue of $397 million for the second quarter of 2020.
Jul 07, 2021 04:01 pm ET
CoStar Group to Report Financial Results for Second Quarter 2021 on July 27, 2021
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter of 2021 following the market close on Tuesday, July 27, 2021. Management will conduct a conference call to discuss second quarter results and the Company’s outlook at 5:00 PM EDT that same day.
Jun 07, 2021 04:05 pm ET
CoStar Group Announces a Ten-for-One Stock Split
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that its Board of Directors has approved and declared a ten-for-one split of CoStar Group’s common stock in the form of a stock dividend in an effort to make stock ownership more accessible to employees and investors. The Board set June 17, 2021 as the record date for the stock dividend. Each stockholder of record at the close of business on the record date will receive a dividend of nine additional shares of common stock for each then-held share. Th
Jun 07, 2021 07:30 am ET
CoStar Group, Inc. (NASDAQ: CSGP), the Washington, DC Based Provider of Commercial Real Estate Information, is in No Way Associated with Chinese Firm Costar Group Co. Ltd. (002189.SZ), a Chinese Compa
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, issued a statement today clarifying that it is in no way associated, related or linked to Chinese firm CoStar Group Co., Ltd., a company principally engaged in the research, development, design, manufacture, processing and sales of optical parts and components.
May 24, 2021 09:18 am ET
CoStar Group Closes Acquisition of Homes.com
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has completed the acquisition of Homes.com, previously announced on April 14, 2021, for $156 million in cash. The Federal Trade Commission cleared the transaction to close last week.
Apr 27, 2021 04:15 pm ET
CoStar Group First Quarter 2021 Revenue Increases 17% Year-over-Year With Traffic to CoStar Group Platforms up 47% Year-over-Year
CoStar Group, Inc. (NASDAQ:CSGP), the leading provider of commercial real estate information, analytics, and online marketplaces, announced today that revenue for the quarter ended March 31, 2021, was $458 million, an increase of 17% over revenue of $392 million for the first quarter of 2020.
Apr 14, 2021 04:04 pm ET
CoStar Group to Acquire Residential Listing Site Homes.com
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has reached a definitive agreement to acquire Homes.com, a division of Dominion Enterprises, for $156 million in cash.
Apr 07, 2021 09:00 am ET
CoStar Group to Report Financial Results for First Quarter 2021 on April 27, 2021
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter of 2021 following the market close on Tuesday, April 27, 2021. Management will conduct a conference call to discuss first quarter results and the Company’s outlook at 5:00 PM EDT that same day.
Mar 09, 2021 10:00 am ET
CoStar Group to Expand Employee Population and Footprint in Richmond, Virginia
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, has announced that it has subleased an additional 51,000-square-foot riverfront office space as part of the company’s continued growth and expansion in the city.
Mar 04, 2021 04:03 pm ET
CoStar Group Withdraws Bid to Acquire CoreLogic
Today, CoStar Group, Inc. (NASDAQ: CSGP) announced that it has withdrawn its bid to acquire CoreLogic and terminate any further acquisition discussions. CoStar Group believes rising interest rates will negatively impact the outlook for the mortgage refinancing market. Accordingly, these rising interest rates have caused valuations for residential property technology companies to decline significantly in recent weeks, which has changed CoStar’s view of the value of CoreLogic. “With interest rates moving up, now is not the time for us to aggressively buy into the residential mortgage market,” sa
Mar 01, 2021 07:32 am ET
CoStar Group Submits Revised Proposal to Acquire CoreLogic with Increased Value and Improved Certainty of Closing
Today, CoStar Group, Inc. (NASDAQ: CSGP) delivered a letter to the Board of Directors of CoreLogic (NYSE: CLGX) setting forth the terms of a revised proposal by CoStar Group to acquire 100% of the equity interests of CoreLogic. Under the terms of the new proposal, CoreLogic shareholders would receive $6.00 per share in cash and 0.1019 shares of CoStar Group common stock in exchange for each share of CoreLogic common stock, representing a value of approximately $90 per share based on CoStar Group’s closing share price on February 26, 2021 and approximately $97 per share based on the latest 30-d
Feb 23, 2021 04:10 pm ET
CoStar Group Full Year and Fourth Quarter 2020 Revenues Increased 19% Year-over-Year
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the year ended December 31, 2020, was $1.66 billion, an increase of 19% over revenue of $1.4 billion for the full year of 2019. Revenue for the fourth quarter ended December 31, 2020, was $444 million, an increase of 19% over revenue of $375 million for the fourth quarter of 2019.
Feb 17, 2021 11:51 am ET
CoStar Group Announces Commercial Mortgage-Backed Securities (CMBS) Data Integration
Today, CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, announced CMBS loan and property data is now integrated with CoStar’s market-leading commercial real estate (CRE) information platform. CMBS information, now searchable and located within CoStar’s detailed building records, includes regularly reported financials on loan performance and detailed property operating statements.
Feb 16, 2021 07:07 am ET
CoStar Group Makes Superior Proposal to Acquire CoreLogic for $95.76 Per Share
Today, CoStar Group, Inc. (NASDAQ: CSGP) delivered a letter to the Board of Directors of CoreLogic (NYSE: CLGX) setting forth the terms of a superior proposal by CoStar Group to acquire 100% of the equity interests of CoreLogic. Under the terms of the proposal, CoreLogic shareholders would receive 0.1019 shares of CoStar Group common stock in exchange for each share of CoreLogic common stock, representing a value of approximately $95.76 per share based on CoStar Group’s closing share price on February 12, 2021. CoStar’s proposal represents 16.2% pro forma diluted ownership for CoreLogic shareh
Jan 29, 2021 08:00 am ET
CoStar Group to Report Financial Results for Fourth Quarter 2020 on February 23, 2020
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the fourth quarter and year end 2020 following the market close on Tuesday, February 23, 2021. Management will conduct a conference call to discuss the fourth quarter and full year results, as well as the Company’s outlook at 5:00 PM ET that same day.
Dec 29, 2020 11:00 am ET
Apartments.com Network Achieves Record-Breaking 1 Billion Renter Visits in 2020
CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, is excited to announce that the Apartments.com Network – consisting of Apartments.com, ForRent.com, ApartmentFinder.com, ApartmentHomeLiving.com, and seven other leading marketplace websites – achieved one billion website visits in 2020, connecting renters with apartment owners at record levels across the country.
Dec 18, 2020 08:00 am ET
CoStar Group Announces Acquisition of Houses.com URL
CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, today announced its acquisition of Houses.com, setting the stage for its entry into residential real estate marketplaces. On December 16, 2020, the Federal Trade Commission cleared CoStar Group’s acquisition of Homesnap, Inc., which provides real estate brokers with a mobile platform and other technology for managing and analyzing their listings and the housing market.
Dec 17, 2020 09:00 am ET
FTC Clears CoStar Group to Close Acquisition of Homesnap
CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, announced today that the Federal Trade Commission (FTC) has cleared its acquisition of Homesnap, Inc., an industry-leading provider of technology solutions to the real estate industry. CoStar and Homesnap submitted the proposed merger for FTC review in late November 2020.
Nov 23, 2020 10:00 am ET
CoStar Group Canada Welcomes New Chief Economist & Head of Market Analytics
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is proud to announce the hire of Carl Gomez to serve as the company’s Chief Economist and Head of Market Analytics Canada. In this role, Mr. Gomez will be leading market analytics for Canada, working strategically to accelerate the brand’s growth momentum across the region and build a team of high performance, senior-level talent.
Nov 22, 2020 04:00 pm ET
CoStar Group Agrees to Acquire Homesnap, a Digital Residential Real Estate Solutions Provider Used by 300,000 Agents Responsible for More Than Half of All US Residential Real Estate Sales
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has reached an agreement to acquire Homesnap, Inc. for $250 million in
Nov 10, 2020 05:41 pm ET
CoStar Group Rises on Fortune Magazine’s 100 Fastest-Growing Companies
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, today announced it ranked 29th on Fortune Magazine’s annual list of the 100 Fastest-Growing Companies. The prestigious designation recognizes the world’s best three-year performers in revenues, profits and stock returns.
Oct 27, 2020 04:05 pm ET
CoStar Group Third Quarter 2020 Revenues Increase 21% Year-over-Year with Third Quarter Sales of $53 Million Increasing 53% Above Second Quarter 2020 Sales
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended September 30, 2020, was $426 million, an increase of 21% over revenue of $353 million for the third quarter of 2019. Net income for the third quarter of 2020 was $58 million, or $1.48 per diluted share. Adjusted EBITDA (which excludes stock-based compensation, acquisition and integration related costs and other items as described below) for the third quarter of 2020 was $134 million, an increase of 3% compared to ad
Oct 01, 2020 08:00 am ET
CoStar Group to Report Financial Results for Third Quarter 2020 on October 27, 2020
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the third quarter 2020 following the market close on Tuesday, October 27, 2020. Management will conduct a conference call to discuss the second quarter results, as well as the Company’s outlook at 5:00 PM ET that same day.
Aug 26, 2020 02:00 pm ET
CoStar Group Donates 180,000 Masks to Richmond Public Schools Students in 3rd Annual Ultimate Backpack Supply Drive Event
Today, CoStar Group announced it plans to provide 180,000 masks for Richmond Public Schools (RPS) students as part of the third annual Ultimate Backpack Supply Drive event.
Jul 28, 2020 04:16 pm ET
CoStar Group Second Quarter 2020 Revenues Increase 16% Year-over-Year with June Sales Reaching All Time Record of $22 Million While Cash Position Exceeds $3.5 Billion
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended June 30, 2020, was $397 million, an increase of 16% over revenue of $344 million for the second quarter of 2019. Net income for the second quarter of 2020 was $60 million, or $1.60 per diluted share. Adjusted EBITDA (which excludes stock-based compensation, acquisition and integration related costs and other items as described below) for the second quarter of 2020 was $129 million, an increase of 17% compared to adj
Jul 13, 2020 10:33 am ET
Moderna, Inc. to Join the NASDAQ-100 Index Beginning July 20, 2020
Nasdaq (Nasdaq: NDAQ) today announced that Moderna, Inc. (Nasdaq: MRNA), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior...
Jul 01, 2020 08:30 am ET
CoStar Group to Report Financial Results for Second Quarter 2020 on July 28, 2020
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter 2020 following the market close on Tuesday, July 28, 2020. Management will conduct a conference call to discuss the second quarter results, as well as the Company’s outlook at 5:00 PM ET that same day.
Jun 24, 2020 03:43 pm ET
CoStar Group Announces Pricing of $1.0 Billion Senior Notes Offering
CoStar Group, Inc. (Nasdaq: CSGP) (“CoStar”) announced today that it has priced an offering of $1.0 billion in aggregate principal amount of 2.800% senior unsecured notes due 2030 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The sale of the Notes is expected to be consummated on or about July 1, 2020, subject to customary closing conditions.
Jun 24, 2020 09:02 am ET
CoStar Group Closes Acquisition of Ten-X Commercial, the Leading Digital Auction Platform for Commercial Real Estate
CoStar Group, Inc. (NASDAQ: CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has completed the previously announced acquisition of Ten-X for $190 mil
Jun 24, 2020 08:56 am ET
 CoStar Group Announces Benchmark Senior Notes Offering
CoStar Group, Inc. (Nasdaq: CSGP) (“CoStar”) announced today that it intends to offer senior unsecured notes due 2030 (the “Notes”) in a benchmark size in a private placement (the “Offering”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. CoStar is also seeking to amend and restate its existing $750 million credit facility to, among other things, extend the maturity to 2025, release all existing security interests, make changes to certain covenants and revise pricing (the “Amended and Restated Credit Facilit
May 26, 2020 08:25 pm ET
CoStar Group, Inc. Announces Exercise of Underwriters' Option to Purchase an Additional 343,511 Shares of Common Stock
CoStar Group, Inc. (Nasdaq: CSGP) (“CoStar”) today announced that the underwriters have exercised their option to purchase an additional 343,511 shares of CoStar’s common stock at $655.00 per share, in addition to the 2,290,076 shares of CoStar common stock, which were purchased on May 20, 2020. Goldman Sachs & Co. LLC, J.P. Morgan, BofA Securities and Citigroup are acting as joint book-running managers for the offering. The sale of the overallotment shares is expected to close on March 28, 2020, subject to customary closing conditions. CoStar expects to use the net proceeds of the offering to
May 20, 2020 09:18 pm ET
CoStar Group, Inc. Announces Upsize and Pricing of Common Stock Offering
CoStar Group, Inc. (Nasdaq: CSGP) (“CoStar”) announced today that it has upsized and priced its offering of 2,290,076 shares of its common stock at a price of $655.00 and granted the underwriters in the offering a 30-day option to purchase up to an additional 343,511 shares of its common stock at the same price. The offering was upsized from the previously announced aggregate offering price of $1.25 billion to an aggregate offering price of $1.5 billion. Goldman Sachs & Co. LLC, J.P. Morgan, BofA Securities and Citigroup are acting as joint book-running managers for the offering. The offering
May 19, 2020 04:13 pm ET
CoStar Group, Inc. Announces Public Offering of Common Stock
CoStar Group, Inc. (Nasdaq: CSGP) (“CoStar”) announced it has commenced a public offering of $1.25 billion of its common stock. CoStar expects to grant the underwriters in the offering a 30-day option to purchase an additional $187.5 million of its common stock. Goldman Sachs & Co. LLC, J.P. Morgan, BofA Securities and Citigroup are acting as joint book-running managers for the offering. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions it determines to pursue in the future, to finance the growth of its business and for w
May 13, 2020 06:00 pm ET
CoStar Group Agrees to Acquire Ten-X Commercial, the Leading Digital Auction Platform for Commercial Real Estate
CoStar Group, Inc. (NASDAQ: CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it plans to acquire Ten-X for $190 million in cash.
May 04, 2020 11:00 am ET
LoopNet Launches CoTour to Conduct Virtual Tours in Real-Time
LoopNet – the most heavily trafficked commercial real estate marketplace online – launched CoTour, a virtual co-browsing space for tenants, owners and brokers to conduct business online, in response to the current needs of customers and the industry.
May 01, 2020 03:17 pm ET
CoStar Group Donates 2,300 Masks to VCU Health System
CoStar Group, Inc. (Nasdaq: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is donating 2,300 KN95 air respirator masks to VCU Health in support of the fight against COVID-19. The masks will be used by providers, nurses and other team members engaged in patient care to minimize the spread of COVID-19.
Apr 30, 2020 12:00 pm ET
CoStar Announces Winners of Power Brokers Quarterly Deals for Q1 2020
CoStar Group, Inc. (Nasdaq: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, today announced the Power Broker Quarterly Deals winners for the first quarter of 2020.
Apr 28, 2020 04:02 pm ET
CoStar Group First Quarter 2020 Revenues Increase 19% Year-over-Year, with Net Income of $73 Million, EBITDA of $100 Million, and Cash Position of $1.9 Billion
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended March 31, 2020, was $392 million, an increase of 19% over revenue of $328 million for the first quarter of 2019. Traffic to CoStar Group’s information and marketplace platforms, Apartments.com, CoStar, LoopNet, Lands of America, Realla, and Belbex reached record levels in the first quarter 2020 both individually and in aggregate with an average of 55 million total, monthly unique visitors, up from 49 million monthly
Apr 13, 2020 02:00 pm ET
CoStar Group to Report Financial Results for First Quarter 2020 on April 28, 2020
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter 2020 following the market close on Tuesday, April 28, 2020. Management will conduct a conference call to discuss the first quarter results, as well as the Company’s 2020 outlook at 5:00 PM ET that same day.
Mar 12, 2020 09:00 am ET
CoStar Group Announces 2019 Power Broker Award Winners
CoStar Group (NASDAQ: CSGP), the leading global provider of commercial real estate information, analytics and online marketplaces, today announced this year’s Power Broker Award recipients. The award recognizes the industry’s brokers, power players, and deal makers who closed the highest transaction volume in commercial real estate deals in their respective markets in 2019.
Mar 04, 2020 02:36 pm ET
CoStar Group Promotes Two Female Leaders, Adding to the Company’s Robust Executive Team
CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is pleased to announce the promotion of Jaye Campbell to General Counsel and Secretary and Jeannette C. Koonce to Chief Compliance Officer.
Feb 25, 2020 04:00 pm ET
CoStar Group 2019 Net Income Increases 32% Year-over-Year on Revenue Growth of 17%
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the year ended December 31, 2019, was $1.4 billion, an increase of 17% over revenue of $1.2 billion for the full year of 2018. Revenue for the fourth quarter ended December 31, 2019, was $375 million, an increase of 19% over revenue of $316 million for the fourth quarter of 2018.
Feb 20, 2020 03:48 pm ET
CoStar Group Expands Recognition of Elite Brokers, Launches Power Broker Quarterly Deals
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is expanding the way it recognizes brokers and the deals that make a notable impact on the commercial real estate industry.
Feb 11, 2020 07:07 pm ET
CoStar Group Agrees to Acquire RentPath from Chapter 11 Bankruptcy
CoStar Group, Inc. (NASDAQ: CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has signed an agreement to acquire RentPath’s business for $588 million in cash, in connection with RentPath’s recently announced Chapter 11 bankruptcy process.
Feb 05, 2020 02:00 pm ET
CoStar Group to Report Financial Results for Fourth Quarter 2019 on February 25, 2020
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the fourth quarter and year end 2019 following the market close on Tuesday, February 25, 2020. Management will conduct a conference call to discuss the fourth quarter and full year results, as well as the Company’s 2020 outlook at 5:00 PM EST that same day.
Jan 13, 2020 10:00 am ET
CoStar Group Joins the NASDAQ 100
As of December 23, 2019, CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, has been added to the NASDAQ 100 Index®, one of the world’s preeminent large-cap growth indexes.
Jan 09, 2020 02:00 pm ET
CoStar Group Appoints Two Members to Board of Directors
CoStar Group, Inc., today announced the expansion of its Board of Directors to nine members with the appointment of two new directors, Louise S. Sams and Robert W. Musslewhite.
Dec 02, 2019 11:00 am ET
2019 CoStar Power Brokers Award “Call for Entry” Period Open
CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, is now accepting entries for this year’s Power Broker Awards, which honor the industry’s brokers, power players and deal makers who closed the highest transaction volume in commercial real estate deals and leads in their respective markets.
Oct 22, 2019 04:05 pm ET
CoStar Group Third Quarter 2019 Revenue Grows 15% and Net Income Increases 34% Year-over-Year; Company Closes STR Acquisition
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended September 30, 2019, was $353 million, an increase of 15% over revenue of $306 million for the third quarter of 2018. Net income for the third quarter of 2019 was $79 million, an increase of 34% over net income of $59 million for the third quarter of 2018.
Oct 17, 2019 02:24 pm ET
The FASB Officially Delays Deadline for Private Company Lease Accounting Standard Adoption
The Financial Accounting Standards Board (FASB) officially voted to approve delaying the effective date for a number of significant accounting standards for private companies and nonprofit organizations from December 15, 2019 to December 15, 2020. Included in these proposed changes is Accounting Standards Update (ASU) No. 2016-02, Leases (2021 calendar year). This is a one-year deferral of the effective date.
Oct 07, 2019 02:09 pm ET
CoStar Group to Report Financial Results for Third Quarter 2019 on October 22, 2019
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the third quarter 2019 following the market close on Tuesday, October 22, 2019. Management will conduct a conference call to discuss the third quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Oct 01, 2019 06:30 am ET
CoStar Group to Acquire STR, a Global Leader in Benchmarking & Analytics for the Hospitality Industry
CoStar Group, Inc. (NASDAQ: CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it plans to acquire STR for $450 million in cash, subject to adjustments in the definitive agreements. The transaction is expected to close in the fourth quarter of 2019, subject to customary closing conditions.
Sep 06, 2019 10:01 am ET
CoStar Group Donates 100,000 Meals Benefiting Food-Insecure Washington D.C. Residents
In honor of the National Day of Service and Remembrance, CoStar Group employees are participating in a meal packing event Sept. 11, 2019, from 1 p.m. to 5 p.m. at CoStar Group’s main headquarters in Washington DC. CoStar Group employees will package and donate 100,000 meals to local organizations supporting low-income and food-insecure residents.
Aug 12, 2019 11:43 am ET
Lennard Commercial Realty Attracting and Retaining Agents with Help from Full Suite of Cutting Edge Research Tools Including the CoStar Platform
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, together with Lennard Commercial Realty, an independent Canadian commercial real estate brokerage, is continuing its enterprise with a five-year contract extension following five-years of continued success.
Jul 29, 2019 11:00 am ET
CoStar Group Signs Agreement with Marcus & Millichap for Commercial Real Estate Services in Canada
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces has signed a national five-year renewal agreement in Canada with Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. Through this agreement, CoStar will bolster Marcus & Millichap’s access to sales comps and market analytics throughout Toronto, Ottawa, Calgary, Edmonton and Vancouver.
Jul 23, 2019 04:02 pm ET
CoStar Group Sales Bookings Rise 32% and Net Income Rises 44%, Year-over-Year in Second Quarter; Company Raises Full-Year Revenue Guidance
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended June 30, 2019, was $344 million, an increase of 16% over revenue of $297 million for the second quarter of 2018. Net income for the second quarter of 2019 was $63 million, an increase of 44% over net income of $44 million for the second quarter of 2018.
Jul 23, 2019 03:00 pm ET
CoStar Group, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / CoStar Group, Inc. (NASDAQ: CSGP) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 23, 2019 at 5:00 PM Eastern Time.
Jul 15, 2019 02:00 pm ET
CoStar Signs Agreement with The Behar Group Realty, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, is pleased to announce a new agreement with The Behar Group Realty, Inc., a Toronto-based boutique brokerage and commercial real estate services company, for CoStar’s commercial real estate data services. Through this agreement, The Behar Group is able to leverage CoStar’s extensive market knowledge, research and global reach to enhance their services and growing industry footprint.
Jul 08, 2019 03:30 pm ET
CoStar Group to Report Financial Results for Second Quarter 2019 on July 23, 2019
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter 2019 following the market close on Tuesday, July 23, 2019. Management will conduct a conference call to discuss the second quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Jun 20, 2019 06:08 pm ET
CoStar Group Acquires Off Campus Partners, a Leading Provider of Student Housing Marketplace Content and Technology to Universities
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces has announced its acquisition of Off Campus Partners, LLC (OCP) a leading online multifamily marketplace service for student housing in the United States.
Jun 11, 2019 01:01 pm ET
CoStar Group Welcomes New Chief Human Resources Officer
CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, is pleased to announce the hire of Michael Desmarais to serve as the company’s Chief Human Resources Officer. In this role, Mr. Desmarais is expected to be a valuable executive team member and a trusted advisor to the CEO and other senior leadership. He will be tasked with building and growing a top performing team and with ensuring CoStar has an engaged workforce and a dynamic, collaborative, performance driven culture that evolves as
May 07, 2019 02:31 pm ET
CoStar Group and Barclay Street Announce Agreement
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, along with Barclay Street Real Estate Ltd., have announced a two-year agreement. Barclay Street has chosen CoStar as a commercial real estate information provider in Canada to provide timely and detailed intel on the market, including inventory, on and off market opportunities and lease and sale comps.
Apr 23, 2019 04:02 pm ET
CoStar Group First Quarter Revenue Grows 20% and Net Income Increases 63% Year-Over-Year
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the quarter ended March 31, 2019, was $328 million, an increase of 20% over revenue of $274 million for the first quarter of 2018. Net income for the first quarter of 2019 was $85 million, an increase of 63% over net income of $52 million for the first quarter of 2018.
Apr 23, 2019 10:30 am ET
CoStar Group and JLL Renew Five-Year Agreement for CoStar’s Commercial Real Estate Data Services in Canada
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, along with JLL, has announced a five-year renewal of their agreement. JLL has again chosen CoStar as its commercial real estate information provider in Canada—connecting CRE professionals at one of Canada’s fastest-growing commercial real estate firms with up-to-date, verified information on properties across markets—including rent and sales comps, occupancies, concessions, high-quality visual content and more.
Apr 08, 2019 04:30 pm ET
CoStar Group to Report Financial Results for First Quarter 2019 on April 23, 2019
CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter 2019 following the market close on Tuesday, April 23, 2019. Management will conduct a conference call to discuss the first quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Mar 27, 2019 09:31 am ET
Joint Statement: CoStar and Buxton Announce Strategic Relationship
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, and Buxton, the industry leader in customer and real estate site selection analytics have entered into a strategic relationship. The two companies will be working together at the International Council of Shopping Centers Real Estate Convention (ICSC RECon) to officially kick off the collaborative effort.
Mar 18, 2019 10:00 am ET
CoStar Group Canada Welcomes New Research Director
CoStar Group, the data/analytics leader of the $17 trillion commercial real estate industry, is pleased to announce the hire of Jacques-Yves Bouchard to serve as the Research Director in Canada. In this role, Bouchard will facilitate market-critical information that enables clients to make informed high impact business decisions while serving as a mentor to Research Managers in the pursuit of research excellence.
Mar 15, 2019 10:30 am ET
2018 CoStar Power Brokers Winners Announced
CoStar Group, Inc., the data/analytics leader of the commercial real estate industry, today announced this year’s Power Broker Award recipients, recognizing professionals and firms who closed the highest transaction volume in commercial real estate deals and leads in their respective markets.
Mar 07, 2019 07:45 am ET
Analysis: Positioning to Benefit within Kimberly-Clark, Hoegh LNG Partners LP, Teck Resources, Automatic Data Processing, Armstrong World Industries, and CoStar Group — Research Highlights Growth, Rev
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Kimberly-Clark Corporation (NYSE:KMB), Hoegh LNG Partners LP (NYSE:HMLP), Teck...

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