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CoStar announces that the Alliance for Workplace Excellence (AWE) has chosen CoStar as a dual winner of their prestigious 2012 Workplace Excellence Award and 2012 Health & Wellness Trailblazer Award.

CoStar announced guidance for 2012 revenue and non-GAAP earnings that include LoopNet, Inc. The acquisition of LoopNet closed on Monday, April 30, 2012.  

CoStar 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.

CoStar Group announces that it has completed its acquisition of LoopNet, Inc. previously announced on April 27, 2011, creating the premier information, marketing and analytics company in commercial real estate.  CoStar is commercial real estate's leading provider of information and analytic services and LoopNet is the leading online commercial real estate marketplace.

CoStar 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.

CoStar Group 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.

CoStar Group, Inc. 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.

CoStar Group, Inc. announces 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.

CoStarGo®, the powerful iPad app CoStar released in August 2011, has surpassed a milestone of 10,000 users. More than 10,000 commercial real estate professionals across the U.S. are using CoStarGo to access comprehensive property information on the go, an increase of 32.5% since December 31, 2011.