costar news dc
Get CoStar Group Inc (CSGP:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. These agents represent over 90% of the residential real estate agents and listings in the United States. 800-204-5960. 888-226-7404 1331 L Street Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe, Canada and Asia with a staff of over 4,300 worldwide, including the industry’s largest professional research organization. and in Europe, Canada and Asia with a staff of over 4,300 worldwide, including the industry’s largest professional research organization. Specialties: CoStar Group, Inc. is commercial real estate's leading provider of information, analytic and marketing services. Realla is the UK’s most comprehensive commercial property digital marketplace. CoStar has landed on Richmond as the site for its new Research Operations HQ, where it will collect and analyze market data for clients.. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Over 300,000 agents nationwide use the application an average of 30 times each month. ForRent.com, STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality sector. “Homesnap has great relationships, data, software, and tools for residential real estate professionals that are complementary to our existing offerings,” continued Florance. Thank you for being part of CoStar Group. WASHINGTON - November 22, 2020 - CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has reached an agreement to acquire Homesnap, Inc. for $250 million in cash. Apartments.com, CoStar Group, Inc. (NASDAQ: CSGP) is commercial real estate's leading provider of information, analytics and online marketplaces. With the support of this impressive consortium, Homesnap’s public residential real estate portal showcases 1.3 million active property listings. Homesnap collects data from over 500 data sources and has subscription service agreements with approximately 240 MLSs who provide data and subscription revenue to Homesnap in exchange for free agent access to Homesnap Pro. monthly visitors in aggregate in the third quarter of 2020. A very large percentage of CoStar’s clients such as investors, banks, government agencies, appraisers, suppliers, and brokerage firms are active in both commercial and residential real estate, so we believe that they would welcome a more comprehensive solution for their needs across all real estate segments.”, “Homesnap has spent years building tools that reinforce the agent-client relationship and arm both home buyers and agents with the data and software they need to find homes and do their jobs,” said John Mazur, CEO of Homesnap. CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database… “The estimated value of commercial real estate assets in the U.S. is $16 trillion. This news release and the Company’s conference call contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Additional factors that could cause results to differ materially from those anticipated in the forward-looking statements can be found in CoStar Group’s filings from time to time with the Securities and Exchange Commission, including in CoStar Group’s Annual Report on Form 10-K for the year ended December 31, 2019, and CoStar Group’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020, each of which is filed with the SEC, including in the “Risk Factors” section of those filings, as well as CoStar Group’s other filings with the SEC available at the SEC’s website (www.sec.gov). ApartmentHomeLiving.com, CoStar was lured to the District by incentives several years ago. Tens of millions of home shoppers use the Homesnap website and app to look for a home. Estate marketplace online with over 7 million monthly unique visitors, analytics and online marketplaces research! 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