CoStar Group, Inc. is a leader in the provision of information, analytics, and online marketplaces to the commercial real estate industry. Founded by Andrew C. Florance in 1987, CoStar revolutionized the way commercial real estate professionals access, use, and share information. It operates primarily through an integrated suite of online service offerings.
The company is headquartered in Washington, DC, United States and has played a pivotal role in digitizing commercial real estate information.
Main Product(s):
CoStar Group's main offerings include a comprehensive database of commercial real estate information, analytics, and online marketplaces. These services are crucial for real estate professionals in making informed business decisions.
Short History of CoStar Group, Inc:
1987 – Founded by Andrew C. Florance in Washington, DC.
1998 – CoStar went public, listing on the NASDAQ.
2000s – Expanded its product line and geographic reach, both domestically and internationally.
2014 – Acquired Apartments.com, a leading rental home resource.
2020 – Continued expansion with the acquisition of Ten-X, a digital real estate platform.