PRESS RELEASE DETAIL


Feb 07, 2017

CoStar Group Launches Apartamentos.com

Only Apartment-Listing Site Exclusively in Spanish

CoStar Group, Inc. (NASDAQ: CSGP) has launched Apartamentos.com, the nation’s only apartment-listing site exclusively in Spanish. Built and tailored to meet the needs of Spanish language households in the U.S., Apartamentos.com is the newest addition to the Apartments.com network of sites – the most trafficked apartment listing network in the industry, providing the largest choice of inventory.

Apartamentos.com will include all signature features found on Apartments.com, including PolygonTM and other search tools, 3D interactive tours and comprehensive neighborhood content.  The unique tools, actual availabilities and comprehensive inventory of rental properties from high rises to condos to single family homes, have drawn the largest audience of renters.  Visitors to Apartments.com are more engaged spending on average 13 minutes during each visit in December according to comScore.

“Apartments.com is just now celebrating its second anniversary of the site re-launch centered on enhancing the renter’s experience.  We have been very pleased with the profound response.  We have delivered more than 57 million leads to advertisers. We make the rental process easier for consumers by offering one site with complete and accurate inventory and comprehensive information,” said Andrew Florance, Founder and CEO of CoStar Group.  “We are excited to introduce our innovations to the Spanish-speaking community which represents a rapidly growing 20 percent of the renter population.” 

As part of CoStar Group’s process in pioneering a Spanish language apartment site, community listings have been subject to human translation for the most accurate and authentic presentation.  Property Managers can receive leads in either English or Spanish, with on-line translation available. Every current and future paid advertiser on Apartments.com will receive a translated ad on Apartamentos.com to reach an even broader audience. 

Apartamentos.com is the seventh addition to the Apartments.com network – joining Apartments.com, Apartment Finder, Apartment Home Living, move.com, doorsteps.com and realtor.com®. The Apartments.com network receives nearly 26 million visits monthly, 29% more than the next two largest apartment site networks combined, according to December 2016 comScore data. 

About CoStar Group



CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. LoopNet is the most heavily trafficked commercial real estate marketplace online with more than 10 million registered members. Apartments.com, ApartmentFinder.com and ApartmentHomeLiving.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Through an exclusive partnership with Move, a subsidiary of News Corporation, Apartments.com is the exclusive provider of apartment community listings across Move’s family of websites, which include realtor.com®, doorsteps.com and move.com. CoStar Group’s websites attracted an average of nearly 25 million unique monthly visitors in aggregate in the third quarter of 2016. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Canada with a staff of approximately 2,800 worldwide, including the industry’s largest professional research organization. For more information, visit www.costargroup.com.

 

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