August 12, 2008
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CoStar Reiterates Offer to Acquire REIS, Inc. for $8.75 Per Share in Cash, a 97% Premium to Last Closing Price
BETHESDA, Md., Aug. 12 -- CoStar Group, Inc. (Nasdaq: CSGP) today announced that it has made a proposal to REIS, Inc. (Nasdaq: REIS), a provider of commercial real estate market information based in New York, NY, to acquire all the fully diluted shares of REIS common stock for a per share consideration of $8.75, all cash with...
July 25, 2008
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CoStar Group Appoints Michael Glosserman to Audit Committee
BETHESDA, Md., July 25, 2008 -- CoStar Group, Inc. (Nasdaq:CSGP), the number one provider of information/marketing services to the commercial real estate industry, today announced the appointment of Michael J. Glosserman by the Board of Directors to serve on CoStar's Audit Committee. As previously announced, Glosserman was elected...
July 15, 2008
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CoStar Group, Inc. Announces Second Quarter 2008 Results
Quarterly Net Income Up 363% Year-over-Year; Company Again Raises Earnings Outlook for 2008 as Newly Launched CoStar Showcase Subscriptions Now Approximately $4 Million
BETHESDA, Md., July 15 -- CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information/marketing services to the commercial real estate industry, today announced that its second quarter 2008 net income increased 363% to $5.4 million, or $0.28 per diluted share, compared to $1.2 million, or $0.06 per diluted share...
July 1, 2008
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CoStar Group To Announce Financial Results for Second Quarter 2008 on July 15, 2008
Quarterly Earnings Report To Be Issued After Market Close on Tuesday, July 15; Conference Call To Discuss Financial Results Scheduled for 11:00 AM EDT on Wednesday, July 16
BETHESDA, MD – July 1, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information/ marketing services to the commercial real estate industry, will announce its second quarter 2008 financial results following the market close on Tuesday, July 15, 2008. Management will conduct a conference call to discuss...
June 16, 2008
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CoStar Group Promotes John Stanfill to Lead U.S. Sales Organization
Proven Executive with More Than a Decade of Experience at CoStar Serving in Positions of Increasing Responsibility in Sales, Marketing and Product Management Named Senior Vice President of Sales and Customer Service
BETHESDA, MD – June 16, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of commercial real estate information/marketing solutions, today announced the promotion of John L. Stanfill to Senior Vice President of Sales and Customer Service. Stanfill, who previously served as Senior Vice President of Marketing...
June 12, 2008
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Michael Glosserman Joins CoStar Group Board of Directors
Managing Member of The JBG Companies Elected at Annual Stockholder Meeting
BETHESDA, MD – June 12, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of commercial real estate information/marketing solutions, today announced that CoStar’s stockholders elected Michael J. Glosserman to serve on CoStar's Board of Directors. The election was held at CoStar’s 2008 Annual Stockholders Meeting...
June 4, 2008
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CoStar Showcase Receives Tremendous Market Reception at ICSC Event, Total Subscriptions Surpass $2 Million
More Than 300 Firms Find that New Online Marketing Service Delivers on Promise to Provide Enhanced Property Exposure and More Qualified Lead-Generation
BETHESDA, Md., June 4 /PRNewswire-FirstCall/ -- CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of commercial real estate information/marketing solutions, today announced that CoStar Showcase(R) (http://www.CoStar.com), its new online property marketing service, has surpassed $2 million in initial subscription orders...
May 21, 2008
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Reid Lambert Wins CoStar’s Porsche Giveaway at ICSC Event in Las Vegas
Accounts Manager for Alpharetta, GA-based IEM Wins Porsche Cayman from CoStar Group in Drawing Held at ICSC RECon Event
LAS VEGAS, NV – May 21, 2008 – Reid Lambert, a new accounts manager with Alpharetta, GA–based International Environmental Management (IEM) Inc., accepts the keys to a new 2008 Porsche Cayman sports car from Andrew C. Florance, founder and CEO of CoStar Group, Inc. Lambert’s business card was the one drawn from thousands entered...
May 15, 2008
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CoStar Showcase Launches With $1 Million in Presale Subscription Orders
New Online Marketing Service and Free Property Search Enables Commercial Real Estate Professionals To Reach More Prospects and Generate More Leads from Their Online Property Listings
BETHESDA, MD – May 15, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of commercial real estate information/marketing solutions, today announced the launch of CoStar Showcase™ (www.CoStar.com), an online property marketing service designed to provide commercial real estate professionals a dynamic new channel...
May 15, 2008
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CoStar Surpasses One Million Property Listings
Ritchie Commercial Broker Cyrus Weiss Won $25,000 when his San Francisco Retail Property Became CoStar’s One-Millionth Property Listing
BETHESDA, MD – May 15, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of commercial real estate information/marketing solutions, today announced that the total number of for sale and for lease listings in its online database of commercial real estate information surpassed one million listings this week. This...
May 6, 2008
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CoStar and Real Estate Forum Announce Winners of 2007 CoStar Power Broker Awards
Top Commercial Real Estate Firms and Individual Brokers Honored for Achieving Highest Transaction Volume in Commercial Property Sales and Leasing in the U.S. during 2007
BETHESDA, Md., May 6, 2008 -- CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, and Real Estate Forum magazine, the industry's leading news publication, are pleased to announce the winners of the 2007 CoStar Power Broker Awards(TM) recognizing the "best...
April 23, 2008
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CoStar Group, Inc. Announces First Quarter 2008 Results
Record Number of New Subscribing Firms Added During Quarter; Net Income Increases 178% Year Over Year, Company Raises Earnings Outlook for 2008
BETHESDA, MD — April 23, 2008 - CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, today announced that net income for the quarter ended March 31, 2008 increased 178% to $5.0 million, or $0.26 per diluted share, compared to $1.8 million, or $0.09 per diluted...
April 4, 2008
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CoStar Group to Announce First Quarter 2008 Results On April 23, 2008
Earnings Report to be Issued After Market Close On Wednesday, April 23; Conference Call to Discuss Financial Results Scheduled for 11:00 AM EDT On Thursday, April 24
BETHESDA, Md., April 4, 2008 -- CoStar Group, Inc. (Nasdaq:CSGP), the number one provider of information services to the commercial real estate industry, will announce its first quarter 2008 financial results following the market close on Wednesday, April 23, 2008. Management will conduct a conference call to discuss the quarterly...
April 1, 2008
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CoStar Group Acquires Assets of Atlanta Information Provider's Online Business
Acquisition of DoreyPRO Online Business By Commercial Real Estate's Largest Research Organization Enhances Quality and Scope of Information for Local Service Providers and Confirms CoStar's Leading Position as Atlanta's Premier Online Commercial Real Estate Information Service
BETHESDA, MD – April 1, 2008 – CoStar Group (NASDAQ:CSGP), the number one provider of information services to the commercial real estate industry, today announced it has acquired the online commercial real estate information assets of First CLS, Inc. (doing business as The Dorey Companies and DoreyPRO), an Atlanta-based provider...
March 18, 2008
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Disclosure by LoopNet CEO Validates False Advertising Claims Brought by CoStar Group
Statement Confirms Misleading Claim of Online Membership is a Cumulative Total from Past Decade, Not Current Audience Size
BETHESDA, MD – March 18, 2008 – In a statement that appears to validate CoStar Group’s false advertising lawsuit against LoopNet Inc., LoopNet Chief Executive Officer Richard Boyle admitted at a recent investor conference that it does not have 2.6 million users. Given this admission, LoopNet’s broadly marketed claims about...
February 20, 2008
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CoStar Group Announces Fourth Quarter and Year-end 2007 Results
Company Posts 28.5% Increase in Net Income for 2007, Confirms Earnings Outlook of 25% to 30% Net Income Growth for 2008
BETHESDA, Md. – February 20, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, today announced that net income for the year ended December 31, 2007 increased 28.5% to $16.0 million, or $0.82 per diluted share, compared to $12.4 million...
February 5, 2008
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CoStar Group Files Lawsuit In Dispute With LoopNet Inc.
Company Questions Claims by LoopNet Regarding Registered Members
BETHESDA, MD – February 5, 2008 – CoStar Group, Inc. (Nasdaq: CSGP) confirmed that it has filed a lawsuit against LoopNet, Inc. (Nasdaq: LOOP) in the United States District Court for the Southern District of New York in Manhattan today. The case is CoStar Group, Inc. v. LoopNet, Inc., Docket No. 08-cv-1156.
According to...
January 30, 2008
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CoStar Group To Report Financial Results for Fourth Quarter and Full-Year 2007
Earnings Report To Be Issued After Market Close on Wednesday, February 20; Conference Call To Discuss 2007 Financial Results and the Company's Outlook for 2008 Scheduled for Thursday, February 21
BETHESDA, MD – January 30 , 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, will report financial results for the fourth quarter and year ended December 31, 2007 after the market close on Wednesday, February 20, 2008. Management will conduct a...
January 28, 2008
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Maryland Federal Court Order Requires Two Companies to Pay CoStar $100,000 to Settle Passcode Theft Charges
Atkinson Hunt and Resource Realty of Southern New Jersey Agree To Settle Charges of Illegal Passcode Sharing
BETHESDA, MD – January 28 , 2008 – CoStar Group, Inc. (Nasdaq: CSGP) announced that a Maryland federal court recently entered an order requiring Laser Marketing, Inc., a lead marketing firm doing business under the name Atkinson Hunt, and Resource Realty of Southern New Jersey to pay CoStar $100,000 to settle charges that the...
January 17, 2008
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CoStar Group Obtains $1 Million Judgment and Shuts Down Firm that Redistributed CoStar's Real Estate Information Database
CoStar Establishes Reward Program; Whistleblowers Who Expose Data Theft or Illegal Password Sharing Eligible for 25% of Any Monetary Payment Resulting from Successful Prosecution
BETHESDA, MD – January 17, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, announced today that it obtained a $1,000,000 judgment to settle a complaint brought against Centers & Malls, LLC, a Lake Forest, Illinois limited liability...
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