Supriya Ghosh (Editor)

CoStar Group

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Type
  
Public

Revenue
  
838 million USD (2016)

Founded
  
1987

Traded as
  
NASDAQ: CSGP

Founder
  
Andrew C. Florance

CoStar Group httpslh4googleusercontentcomFencaj0R6ZcAAA

Industry
  
Technology, Commercial Real Estate

Area served
  
United States, Canada, United Kingdom, France, Germany, Spain

Key people
  
Andrew Florance (President & CEO) Scott Wheeler (CFO) Michael Klein (Independent Chairman of the Boar)

Products
  
Commercial real estate information and marketing

Stock price
  
CSGP (NASDAQ) US$ 204.92 -0.86 (-0.42%)7 Mar, 4:00 PM GMT-5 - Disclaimer

Headquarters
  
Washington, D.C., United States

CEO
  
Andrew C. Florance (Jul 1998–)

Subsidiaries
  
LoopNet, COSTAR UK LIMITED, b) CoStar Ltd

Profiles

CoStar Group, Inc. is an American commercial real estate information and marketing provider with headquarters in Washington, DC. The company has approximately 3,000 employees.

Contents

Costar group to acquire loopnet in 860m deal


History

CoStar Group, Inc. (CoStar) was founded in 1987 by Andrew Florance in Washington, DC. CoStar is a provider of information, analytics and marketing services to the commercial real estate industry in the United States, Canada, the United Kingdom, France, Germany and Spain. The company’s suite of online service offerings includes information about space available for lease, comparable sales information, tenant information, information about properties for sale, Internet marketing services, analytical capabilities, information for clients' Websites, information about industry professionals and their business relationships, data integration and industry news. Its service offerings span all commercial property types, including office, industrial, retail, land, mixed-use, hospitality and multifamily.

CoStar Group went public in 1998 and is traded on the NASDAQ under the symbol CSGP.

In April 2012, CoStar Group completed the acquisition of LoopNet, Inc for $860 million.

In April 2014, CoStar Group completed the acquisition of Apartments.com for $585 million.

In April 2015, CoStar Group announced an agreement to acquire Apartment Finder.

In October 2016, CoStar Group announced that Richmond, VA will be the new headquarters of CoStar Group's operations and global research center.

References

CoStar Group Wikipedia