CoStar to be included in S&P 500, issues $750M public stock offering
As it seeks to gain footing in the residential space, the online real estate behemoth says it plans to raise funds to keep growing as it joins an elite list of some of the nation’s biggest companies.
by Taylor Anderson Sep 15
CoStar CEO accuses competitors of ‘hijacking’ listings
Andy Florance weighed in on why his company is building a New York City portal and what he thinks of CoStar's rivals
by Jim Dalrymple II Oct 28
CoStar CEO likens Zillow's StreetEasy to blackmail
Andy Florance on Tuesday positioned his company's upcoming New York City portal as an alternative to Zillow-owned StreetEasy
by Jim Dalrymple II Oct 26
CoStar Group rallies in Q2 as tallies traffic high
Despite acquisition woes, CoStar Group saw its Homesnap and brands help boost the company's revenue 21% from Q2 2020
by Marian McPherson Jul 28
CoStar revenue jumps 17% with help from new addition Homesnap
The company raked in $458 million during the first quarter of the year. It also said that Homesnap, which it bought in 2020, performed well
by Jim Dalrymple II Apr 27
CoStar to acquire listing site
The $156 million purchase should help the company continue its push into the world of residential real estate
by Jim Dalrymple II Apr 14
Redfin finalizes $608M RentPath acquisition earlier than expected
Redfin has acquired RentPath nearly 2 months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020
by Marian McPherson Apr 5
CoStar withdraws bid for CoreLogic after pushback
CoStar cites rising interest rates' impact on the mortgage refinancing market for changing the company's view on the value of CoreLogic
CoStar revenue leaps to $1.7B, but profits take a hit
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar's buying spree is far from over
by Andrea V. Brambila Feb 24
Who does Zillow fear? Not who you think
A 33-year-old commercial real estate data company is scratching at the door of online residential real estate and could be on the scene by next year
by Brad Inman Nov 2
Government says not so fast on CoStar's acquisition
The ruling calls for additional information before the $350 million deal can close