CoStar Group

Mohr Logistics Park Named 2024 "Commercial Development of the Year" CoStar Impact Award Winner

Retrieved on: 
Monday, April 8, 2024
CBRE, EV, Trade, Growth, Face, DHL, MSA, CoStar Group, Partnership, CRE, Acquisition, United, Town, HVAC, Hoosier, Heart, Indianapolis metropolitan area, MLP, Commercial property

WHITELAND, Ind., April 8, 2024 /PRNewswire/ -- Mohr Logistics Park (MLP) was named the 2024 "Commercial Development of the Year" CoStar Impact Award winner in the Indianapolis market. This year's winners of the CoStar Impact Awards — chosen for their growth, diversification, and ability to overcome unique challenges in their markets — were selected from a panel of more than 660 industry professionals drawn from each respective market.

Key Points: 
  • WHITELAND, Ind., April 8, 2024 /PRNewswire/ -- Mohr Logistics Park (MLP) was named the 2024 "Commercial Development of the Year" CoStar Impact Award winner in the Indianapolis market.
  • The master plan included eleven Class A structures, with varying sizes and specifications to meet growing logistics demands.
  • As Mohr Capital CEO and Indiana native Bob Mohr would say, Mohr Logistics Park is "Hoosier Owned and Hoosier Strong."
  • To learn more about the CoStar Impact Awards and review the full list of winners, visit www.CoStarImpactAwards.com/ .

Apartments.com Publishes Multifamily Rent Report for First Quarter of 2024

Retrieved on: 
Thursday, April 4, 2024
Residential Building & Real Estate, Construction & Property, REIT, Absorption, Growth, North Jersey, Weakness, CoStar Group, Risk, News, Security (finance), Housing, Multimedia, Acceleration

Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent trends for the first quarter of 2024.

Key Points: 
  • Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent trends for the first quarter of 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240404033182/en/
    The U.S. multifamily market staged a strong rebound in demand during the first quarter of 2024, as 104,400 units were absorbed, the highest number since the third quarter of 2021.
  • The national average annual asking rent rose by 0.7% in March compared to 0.8% in the two prior months.
  • The multifamily market is projected to add only 495,000 units in 2024, a 20% pullback from the prior year.

CoStar Group to Report Financial Results for First Quarter on April 23, 2024

Retrieved on: 
Monday, April 1, 2024
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, CoStar Group

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the first quarter of 2024 following the market close on Tuesday, April 23, 2024.

Key Points: 
  • CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the first quarter of 2024 following the market close on Tuesday, April 23, 2024.
  • Management will conduct a conference call to discuss the first quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
  • A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com .
  • A replay of the webcast audio will also be available in the Investors section of our website for a period of time following the call.

CoStar Group Announces Winners of 2024 CoStar Impact Awards

Retrieved on: 
Wednesday, March 27, 2024
Data Management, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Electronic Commerce, Trade, Growth, Waldorf Astoria New York, CoStar Group, Chris Lazari, Sale, Acquisition, LuLu Group International, Henderson Park (Lethbridge), Lease

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced the winners of the 2024 CoStar Impact Awards.

Key Points: 
  • CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced the winners of the 2024 CoStar Impact Awards.
  • The 2024 CoStar Impact Awards celebrated outstanding commercial real estate projects and transactions completed in 2023 and had a significant positive influence across 128 markets in the United Kingdom, United States, and Canada.
  • “Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognise the real estate projects fundamentally transforming the industry landscape,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group.
  • To learn more about the CoStar Impact Awards and review the full list of winners, visit www.CoStarImpactAwards.co.uk .

CoStar Group Announces Winners of 2024 CoStar Impact Awards

Retrieved on: 
Wednesday, March 27, 2024
Data Management, Residential Building & Real Estate, Commercial Building & Real Estate, Online Retail, Technology, Construction & Property, Professional Services, Building Systems, Architecture, Retail, Data Analytics, Health, Trade, Growth, Madison Avenue, CoStar Group, Chelsea Piers, Heart, Commercial property

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2024 CoStar Impact Awards.

Key Points: 
  • CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2024 CoStar Impact Awards.
  • The 2024 CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023 that have significantly influenced neighborhoods or submarkets across 128 major international markets in the United States, Canada and the United Kingdom.
  • “Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognize the real estate projects fundamentally transforming the industry landscape,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group.
  • To learn more about the CoStar Impact Awards and review the winners, visit CoStarImpactAwards.com/ .

Homes.com Residential Network Reaches All-Time High of 149 Million+ Unique Monthly Visitors in February 2024

Retrieved on: 
Thursday, March 14, 2024
Commercial Building & Real Estate, Construction & Property, Data Analytics, Internet, Professional Services, Technology, Other Construction & Property, Residential Building & Real Estate, Growth, Homes.com, CoStar Group, YOY, Redfin, Realtor.com, Olympic Games, Super Bowl, Marketing, Google Analytics, Television, Mobile phone

The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.

Key Points: 
  • The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.
  • The February traffic figures more than double Realtor’s 66 million average unique monthly visitors and triple Redfin’s 44 million average unique monthly visitors.
  • * Based on unique visits in February 2024 to the Homes.com Residential Network (which includes the Homes Network and the Apartments Network) and the Land Network, according to Google Analytics.
  • ** Based on a comparison of year-over-year changes in unique monthly users for Homes.com comparing February 2024 to February 2023, as measured by Google Analytics.

Cullinan Properties recognized with CoStar Impact Award for Veterans' Clinic

Retrieved on: 
Wednesday, April 3, 2024
Hearing (law), IRS, Trade, General Services Administration, Health, Veterans' affairs, Federation, CoStar Group, History, GSA, OSHA, SF, FBI, Property

EAST PEORIA, Ill., April 3, 2024 /PRNewswire-PRWeb/ -- The 150,000 SF project began construction in 2021 and opened in December 2023 in Temple Terrace, Florida. Multiple mental health programs were consolidated into this state-of-the-art center to meet the healthcare needs of Veterans.

Key Points: 
  • Cullinan Properties has been named the 2024 Commercial Development CoStar Impact Award winner for the James A. Haley Veterans Affairs Mental Health Center in the Tampa/St.
  • "Through dedication, innovative solutions, and relentless determination, we've constructed more than just a building; we've built a haven for our veterans," said Michael Gold, President, Cullinan Properties.
  • The Cullinan Team honors veterans by delivering more than structures—we deliver hope, healing, and gratitude," said Michael Gold, President, Cullinan Properties.
  • To learn more about the CoStar Impact Awards and review the full list of winners, visit www.CoStarImpactAwards.com/ .

Thompson Thrift's Slate at Fishers District Named 2024 Multifamily Development of the Year in CoStar Impact Awards

Retrieved on: 
Tuesday, April 2, 2024
Slate, Trade, Growth, CoStar Group, CRE, Stainless steel, United, Linear park, Commercial property

INDIANAPOLIS, April 2, 2024 /PRNewswire/ -- Thompson Thrift, a full-service real estate company engaged in multifamily, mixed-use, retail, industrial and commercial projects across the country, earned national recognition today when Slate at Fishers District was named the multifamily development of the year for Indianapolis as part of the 2024 CoStar Impact Awards. Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their markets—were selected from a panel of more than 660 industry professionals drawn from each respective market.

Key Points: 
  • INDIANAPOLIS, April 2, 2024 /PRNewswire/ -- Thompson Thrift , a full-service real estate company engaged in multifamily, mixed-use, retail, industrial and commercial projects across the country, earned national recognition today when Slate at Fishers District was named the multifamily development of the year for Indianapolis as part of the 2024 CoStar Impact Awards.
  • Sitting on approximately 25 acres in the master-planned Fishers District development, Slate at Fishers District consists of one-, two- and three-bedroom villas, along with three- and four-bedroom townhomes, all in a modern farmhouse style.
  • "Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognize the real estate projects fundamentally transforming the industry landscape," said Andy Florance, Founder and Chief Executive Officer of CoStar Group.
  • Thompson Thrift is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest.

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

Retrieved on: 
Tuesday, February 20, 2024
Online, G2, CFO, SMB, Reddit, Social media, American Honda Motor Company, SPT, Nationwide, Average cost, Growth, Hospital, Sprout, Commerce, The CW, DHL International Aviation ME, Panasonic, BD (company), Parent, ARR, RPO, GAAP, CoStar Group, Brown–Forman, Central Time, Software, Partnership, Video game

CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.

Key Points: 
  • CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.
  • “We’re pleased to share incredibly strong fourth quarter results,” said Justyn Howard, Sprout Social’s CEO and co-founder.
  • Non-GAAP operating income was $1.7 million, compared to $0.6 million in the fourth quarter of 2022.
  • Non-GAAP net income was $1.0 million, compared to $1.8 million in the fourth quarter of 2022.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Zillow Group, Inc. (Nasdaq: Z)

Retrieved on: 
Tuesday, March 5, 2024
The Company, MBP, Homes.com, Flex, National Association, Total, Outline, MLS, Pressure, Record, Marketing, Growth, Super Bowl, TAM, SBC, Disclosure, Advertising, History, CoStar Group, Policy, Optimism, NAR, Humboldt Hill, California, Probability, Acceleration, Research, IRLC, Real estate

Key indicators show Zillow is experiencing a rapid decline in web traffic, which is the foundation for the Premier Agent business.

Key Points: 
  • Key indicators show Zillow is experiencing a rapid decline in web traffic, which is the foundation for the Premier Agent business.
  • Spruce Point believes these practices require significant management judgement as some consumers may have multiple commitment letters from different banks/vendors.
  • Spruce Point believes Zillow should provide more disclosure around assumptions on the timing and conversion of leads and mortgages.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .