CoStar Group
CoStar Group, Inc. is a leading provider of commercial real estate information, analytics and online marketplaces. The company was founded by Andrew Florance in 1987, who had the vision of fundamentally changing the way commercial real estate professionals access, use and share information. The company is publicly traded on the Nasdaq under the ticker CSGP.
CoStar Group is headquartered in Washington DC, and has offices throughout the United States, Europe and Canada – operating in a total of 368 markets. Under Florance’s leadership, the company has invested more than $1 billion to create the industry’s first, and largest, independent CRE research operation. Every day, the CoStar research team discovers and verifies information on $1 trillion of potential real estate transactions – and tracks billions of dollars worth of completed deals.
At the core of CoStar Group’s business is a detailed database of commercial properties — size, tenants, photographs and rents. Recently, the company expanded into the residential space by acquiring Apartments.com and ForRent.com.
CoStar Group has developed a reputation for using aggressive litigation and PR tactics against its rivals – evident recently by Florance saying that “Zillow is no longer a relevant player,” upon the demise of Zillow Offers. He went on to say, “We’re about attracting the homebuyers, not the voyeur checking out the inside of their Tinder date’s house.”
Latest Posts
Zillow, Redfin to allow delayed listings that appear on MLS, VOW feeds
Apr 16, 2025The listing portals announced bans over the past week on publicly marketed exclusive listings, but they will allow delayed listings.
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Homes.com’s Andy Florance hits back at Zillow
Apr 13, 2025 -
Move dismisses trade secrets suit against CoStar
Apr 07, 2025 -
CoStar shakes up board, focuses on Homes.com profitability
Apr 07, 2025 -
Mortgage rates are in a holding pattern. Tariff uncertainty may be the culprit
Apr 01, 2025 -
Mortgage rates drop as investors seek bond market safe haven
Mar 11, 2025 -
CoStar closes $1.6B purchase of Matterport
Mar 03, 2025 -
Andy Florance teases ambitious growth plans for Homes.com in 2025
Feb 19, 2025 -
‘Not Saying We’re the Best’: Homes.com airs two Super Bowl ads
Feb 09, 2025 -
Here’s another estimate of the financial losses from the LA wildfires
Jan 30, 2025 -
CoStar denies Move’s allegations that it stole trade secrets
Dec 05, 2024 -
Move amends complaint over former employee who landed at CoStar, allegedly stole trade secrets
Nov 21, 2024
