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CoStar Group (NASDAQ: CSGP) — Company Overview, News & Financial Data

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Company profile

CoStar Group

CoStar Group is a provider of commercial real estate information, analytics, online marketplaces, and spatial data technology. The company digitizes real estate data to support property search, valuation, research, and transactions across various property sectors, including commercial offices, industrial facilities, multifamily apartments, single-family residential homes, hospitality, land, and businesses. Its platforms serve property brokers, institutional investors, commercial lenders, property owners, and real estate agents. Headquartered in Arlington, Virginia, the firm maintains operational presence across North America, Europe, Asia, and Oceania, delivering property intelligence, listing platforms, and lease management software to real estate market participants worldwide.

Snapshot

Public USOwnership
1987Year founded
5,001–10,000Employees
Arlington, United StatesHead office
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Global footprint

Operations

Products and/or services of CoStar Group

  • Commercial Real Estate Information and Analytics: Information platforms offering property attributes, tenancy data, lease analytics, historical transaction records, and market research tools across commercial real estate sectors for brokers, investors, lenders, and appraisers globally.
  • Multifamily Rental Marketplace: Online rental search networks connecting apartment renters with property managers and property owners, facilitating digital property listings, interactive virtual tours, lease applications, and digital marketing services across major metropolitan markets.
  • Residential Sales Marketplace: Digital real estate platforms connecting property buyers and sellers directly with licensed real estate agents, offering property search listings, neighborhood insights, seller marketing tools, and transaction workflow support across residential markets.
  • Commercial Real Estate Auction and Transaction Exchange: Online commercial real estate auction platforms enabling digital property sales, structured bidding, asset marketing, due diligence document review, and closing services for commercial properties, land, and distressed assets worldwide.
  • 3D Digital Twin and Spatial Data Technology: Spatial capture technology and 3D digital twin platforms providing high-resolution virtual walkthroughs, automated floor plan generation, spatial analytics, and immersive 3D physical space documentation for real estate, construction, and property management.
  • Hospitality Data Benchmarking and Market Analytics: Hospitality intelligence and benchmarking services delivering occupancy rates, average daily rates, revenue per available room, pipeline tracking, and competitive financial analytics for hotels, resort operators, and institutional hospitality investors globally.

CoStar Group executive team

  • Mr. Andrew C. FlorancePresident, Founder, CEO & Director
  • Mr. Christian M. LownChief Financial Officer
  • Ms. Lisa C. RugglesSenior Vice President of Global Operations
  • Mr. Frank A. SimuroChief Technology Officer
  • Mr. Frederick G. SaintPresident of Marketplaces
  • Ms. Cyndi EakinCAO & Cotroller
  • Mr. Jason ButlerChief Information Officer
  • Mr. Richard SimonelliHead of Investor Relations
  • Mr. Gene BoxerGeneral Counsel & Corporate Secretary
  • Mr. Matthew R. BlocherVice President of Marketing & Communications