CoStar Group
 | |
| Public | |
| Traded as | NASDAQ: CSGP |
| Industry | Technology, Commercial Real Estate |
| Founded | 1987 |
Area served | United States, Canada, UK, Europe |
Key people |
Andrew Florance, President & CEO Scott Wheeler, CFO Michael Klein, Independent Chairman of the Board |
| Products | Commercial real estate information and marketing |
| Revenue |
 US$ 712 million (2015)[1] |
Number of employees | Approximately 2,500 |
| Website | http://www.costargroup.com/ |
CoStar Group, Inc. is an American commercial real estate information and marketing provider with headquarters in Washington, DC. The company has approximately 2,500 employees.
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 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.[2]
In April 2014, CoStar Group completed the acquisition of Apartments.com for $585 million.[3]
In April 2015, CoStar Group announced an agreement to acquire Apartment Finder.[4]
In October 2016, CoStar Group announced that Richmond, VA will be the new headquarters of CoStar Group's operations and global research center.
- ↑ "CoStar Group Inc - Investor Relations". Retrieved February 24, 2016.
- ↑ "CoStar Purchase of LoopNet Cleared by FTC With Sale of Stake". Bloomberg. April 26, 2012.
- ↑ "CoStar to Acquire Apartments.com for $585 Million". The Wall Street Journal. March 3, 2014.
- ↑ "CoStar makes another push into the digital apartments sphere with a $170M buy". Washington Business Journal. April 30, 2015.