WASHINGTON, DC, April 23, 2012 -- CoStar Group, Inc. (Nasdaq: CSGP), commercial real estate's leading provider of information and analytic services, today announced that the International Real Estate Society (IRES), a prestigious federation of regional real estate societies in North America, Latin America, Europe, Asia, Pacific Rim, Africa, and Middle East-North Africa, has selected CoStar to receive the IRES Corporate Leadership Award for 2012. The honor was announced at IRES’s joint meeting with the American Real Estate Society (ARES) last week.
WASHINGTON, DC – April 25, 2012 – CoStar Group, Inc. (NASDAQ: CSGP), commercial real estate's leading provider of information and analytic services, announced today that revenues for the first quarter of 2012 were $68.6 million, an increase of 15.1% over revenues of $59.6 million for the first quarter of 2011. During the first quarter of 2012, the Company achieved its highest first quarter annualized net new sales of $8.4 million, an increase of 23% year-over-year.
WASHINGTON, DC – April 26, 2012 – CoStar Group, Inc. (NASDAQ: CSGP), commercial real estate's leading provider of information and analytic services, announced today the Federal Trade Commission (“FTC”) has approved a consent order, clearing the way for the completion of the merger of CoStar and LoopNet that was previously announced on April 27, 2011. The waiting period imposed by the Hart-Scott-Rodino Act was terminated upon the approval of the FTC Commissioners. The merger is expected to close on or about April 30, 2012.
WASHINGTON, DC – April 27, 2012 – CoStar Group, Inc. (Nasdaq: CSGP) today announced that its 2011 sale of 1331 L Street, NW was recognized as the Best Real Estate Deal of 2011 by the Washington Business Journal in the Urban Office Sale category. The award was presented in an awards dinner last night at the Ronald Reagan Building and International Trade Center in Washington, DC.
WASHINGTON, DC, April 30, 2012 — As previously announced, CoStar Group, Inc. (NASDAQ: CSGP) management will conduct a conference call at 4:30 PM EDT on Wednesday, May 2, 2012 to discuss the closing of the LoopNet transaction and to provide combined 2012 guidance for the companies. CoStar plans to issue guidance numbers with a press release prior to the conference call on Wednesday, May 2.
Awards Recognize Employers in the Greater Washington, DC Area for Their Accomplishments in Creating Outstanding Places to Work
WASHINGTON, DC, July 2, 2012 — CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter of 2012 following the market close on Wednesday, July 25, 2012. Management will conduct a conference call to discuss the second quarter results and the company's outlook for the third quarter at 11:00 AM EDT on Thursday, July 26, 2012.
WASHINGTON, DC – July 12, 2012 – Encouraging signs in the commercial real estate market, specifically in the office and industrial sectors, suggest an expanding U.S. economy. However, according to CoStar Group’s midyear 2012 market reports, the recovery is likely to be slow and dependent on the rate of employment growth.
CoStar Group's Brian Radecki Named Top Chief Financial Officer by Washington Business Journal
WASHINGTON, DC – August 21, 2012 – CoStar Group, Inc. (NASDAQ: CSGP) today announced that the company has been named an honoree in the Washington Business Journal’s list of Greater Washington’s Healthiest Employers for 2012.