CoStar Group

CoStar Group, Inc.

Type	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 Brian Radecki, CFO Michael Klein, Independent Chairman of the Board
Products	Commercial real estate information and marketing
Revenue	US$ 440.9 million (2013)[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 was incorporated on February 2, 1998. CoStar is a provider of information, analytics and marketing services to the commercial real estate industry in the United States and United Kingdom. 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, the Company completed the acquisition of LoopNet, Inc for $860 million.^[2]

In April 2014, CoStar Group Inc completed the acquisition of Apartments.com for $585 million.^[3]

References