CoStar Group inked a deal with a longtime tenant of its new Arlington HQ, which leased 13 of the building’s 31 floors. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ. Continue reading
The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance. Continue reading
Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar’s core commercial real estate business. Continue reading
CoStar Group’s revenue grew 11 percent year over year, to $693 million, while monthly average unique visitors for the Homes.com Network of sites reached 130 million, according to Q3 earnings results on Tuesday. Continue reading
The residential and commercial real estate company sued over misuse of trade secrets in 2023, but revealed in a new court filing that a rival tech platform’s “limited nature” is no longer a threat. Continue reading
Andy Florance suggested rival portals are more interested in selling leads than houses and called a lawsuit against his company a “PR stunt.” Continue reading
Matterport appeals lower court ruling that awarded $79 million to former CEO Bill Brown over rules that prevented him from selling his shares when the company went public. Continue reading
California District Judge George Wu granted CoStar’s request for an expedited discovery in Move’s theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery. Continue reading
The editor at the center of the theft of trade secrets lawsuit between portal rivals Move and CoStar Group filed a 36-page statement in support of CoStar’s expedited discovery request. Continue reading
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move’s objections to sharing confidential information amid its trade secrets lawsuit. Continue reading