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
Court dismisses two of Move’s trade secret claims against CoStar
Oct 30, 2024Move has four other complaints against CoStar that still stand and it has three weeks to file an amended complaint related to trade secrets.
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Move isn’t backing down in its fight against CoStar
Oct 09, 2024 -
Judge denies Move’s motion for preliminary injunction against CoStar
Sep 23, 2024 -
Court grants CoStar’s motion for discovery in legal battle with Move
Jul 30, 2024 -
CoStar Group reports another strong quarter aided by rapid growth of Homes.com
Jul 24, 2024 -
Move asks court to block CoStar from accessing allegedly stolen files
Jul 18, 2024 -
Richard Simonelli returns to CoStar after five years away
Jul 15, 2024 -
CoStar changes two Homes.com ads after Move challenges traffic numbers
Jul 09, 2024 -
Move’s trade secret lawsuit is a ‘PR stunt,’ says CoStar’s Andy Florance
Jul 05, 2024 -
CoStar Group hires Freddie Mac’s Christian Lown as CFO
Jun 18, 2024 -
Dave Mele exits as Homes.com president
May 24, 2024 -
Realtor.com CEO Damian Eales: CoStar is lying about being the No. 2 portal
May 10, 2024
