CoStar CEO Andy Florance (Credit: CoStar via YouTube and iStock) CoStar Group Inc. took in a record $59 million in sales bookings companywide in the second quarter, marking a 32 percent increase year-over-year and fueling a 16 percent growth in revenue. The bookings boost stemmed from a 122 percent surge in bookings on Apartments.com, the […]
The Real Deal wins 9 NAREE journalism awards
The Real Deal picked up 9 awards from the National Association of Real Estate Editors The Real Deal editorial team brought home nine journalism awards from the National Association of Real Estate Editors for its in-depth coverage of the industry in 2018. “With eye-catching artwork, design and photography, The Real Deal delivers sophisticated coverage, stylishly […]
National Cheat Sheet: Developers among 50 charged in college admissions scandal, Ben Carson wants to boost affordable housing in Opportunity Zones … & more
Clockwise from top left: Real estate developers among 50 charged in college admissions fraud scheme, HUD will give preference to affordable housing in Opportunity Zones, Ben Carson says, New York congresswoman presents bill that would expose LLCs’ beneficial owners, and CoStar Group sues two NY firms claiming copyright infringement. Real estate developers among 50 charged […]
CoStar files two federal suits alleging illegal access and copyright infringement
CoStar CEO Andrew Florance (Credit: iStock) CoStar Group filed two copyright infringement lawsuits against firms it claims repurposed its data and illegally shared subscriptions. The $17 billion real estate data giant, which has enjoyed a surge in market cap and share price in recent weeks following strong 2018 financial results, is known to go down […]
And so it begins: Moody’s launches CRE portal to challenge CoStar’s dominance
Moody’s Keith Berry Moody’s Analytics has launched its long-planned commercial real estate data portal, highlighting the company’s push into a space largely dominated by the CoStar Group. The financial services giant, which is valued at $31 billion, has over the past year acquired, invested and partnered with data companies to provide a centralized portal of […]