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Apartments.com Publishes May 2022 Rent Growth Report

Retrieved on:

Tuesday, June 7, 2022

Today, Apartments.com a CoStar Group company released an in-depth look at national multifamily rent growth trends for May 2022 backed by analyst observations.

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Today, Apartments.com a CoStar Group company released an in-depth look at national multifamily rent growth trends for May 2022 backed by analyst observations.
According to Apartments.com analysts, sunbelt markets continue to dominate the top 10 rent growth markets for the month of May.
Once leading growth markets in the sunbelt, Las Vegas and Phoenix, Ariz., have seen a dramatic slowing of growth over the past month.
Analysts have found that, looking sequentially, rents month-over-month showed the nation growing by 1.3%, up from 0.8% in April 2022.

CoStar Group’s Michael Desmarais Named 2022 Human Resources Professional of the Year in The Globee® Awards’ Coveted Annual Golden Bridge Awards Program

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Monday, June 6, 2022

Desmarais received this prestigious recognition for his role positioning CoStar Group at the forefront of the return-to-office movement over the last year.

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Desmarais received this prestigious recognition for his role positioning CoStar Group at the forefront of the return-to-office movement over the last year.
The annual Golden Bridge Awards program recognizes and honors the worlds best business achievements in organizational performance, products and services, innovations, and executives and management teams across every major industry.
Desmarais will be honored alongside the other 2022 Golden Bridge Award winners at a Virtual Awards Ceremony on Wednesday, July 27, 2022.
Globee Awards are conferred in nine programs and competitions: the American Best in Business Awards, Business Excellence Awards, CEO World Awards, Cyber Security Global Excellence Awards, Disruptor Company Awards, Golden Bridge Awards, Information Technology World Awards, Sales, Marketing, Service, & Operations Excellence Awards, and Women World Awards.

CoStar Group Appoints Cyndi Eakin as Senior Vice President of Investor Relations

Retrieved on:

Thursday, June 2, 2022

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of commercial and residential real estate information, analytics, and online marketplaces, today announced the appointment of Cyndi Eakin as Senior Vice President of Investor Relations, effective immediately.

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CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of commercial and residential real estate information, analytics, and online marketplaces, today announced the appointment of Cyndi Eakin as Senior Vice President of Investor Relations, effective immediately.
View the full release here: https://www.businesswire.com/news/home/20220602005913/en/
Cyndi Eakin, Senior Vice President of Investor Relations (Photo: Business Wire)
As head of Investor Relations, Ms. Eakin will be responsible for maintaining and expanding relationships with institutional investors and analysts and communicating CoStars strategy and business results to Wall Street.
Ms. Eakin currently serves as Vice President, Controller of CoStar Group, a position she has held since joining CoStar in 2016.
Cyndi brings a wealth of leadership and financial experience to this role, along with in-depth strategic and operational knowledge of CoStar, said Scott Wheeler, Chief Financial Officer, CoStar Group.

Rentec Direct Adds RentalSource to Robust Rental Listing Syndication Network

Retrieved on:

Thursday, May 26, 2022

Tenant, Stevie Awards, Software, RentPath, Real, Homes.com, Realtor.com, Apartment List, CoStar Group, Zillow, CEO, Property management, Trovit

GRANTS PASS, Ore., May 26, 2022 /PRNewswire-PRWeb/ -- Rentec Direct, the industry-leading property management software solution, has announced a new integration with RentalSource, a listing website providing access to a nationwide inventory of currently available rental properties. With one click, Rentec Direct clients can publish vacant rental property listings to the most popular rental listing sites, which now includes RentalSource. Rentec Direct is proud to offer clients one of the industry's largest rental listing syndication networks.

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With one click, Rentec Direct clients can publish vacant rental property listings to the most popular rental listing sites, which now includes RentalSource.
Rentec Direct is proud to offer clients one of the industry's largest rental listing syndication networks.
"As a landlord myself, I understand how significantly tenant turnover and rental vacancies can impact your bottom line," said Nathan Miller, President of Rentec Direct.
Additional rental listing sites included in the Rentec Direct syndication network include Apartments.com, ApartmentList, Dwellsy, Homes.com, Hunt.com, Oodle, Realtor.com, RentBits, RentPath, Trovit, Zillow and Zumper.

CoStar Group Vice President of Research Corey Durant Recognized in The EMPower Ethnic Minority Role Model List 2022

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Monday, May 23, 2022

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, proudly announced today that Corey Durant, Vice President of Research, was named to the 2022 EMPower Ethnic Minority Role Model Lists.

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CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, proudly announced today that Corey Durant, Vice President of Research, was named to the 2022 EMPower Ethnic Minority Role Model Lists.
Each person on the list was scored on the influence of their role, their impact on ethnic minority inclusion inside and outside the workplace and their business achievements.
Im honored to have been selected as an EMpower Role Model and recognized alongside so many inspirational leaders who are helping foster inclusive communities, especially in the workplace, said Durant.
Since 2020, Durant has been the Founder and Executive Sponsor of CoStar Groups Black Excellence Network (B.E.N.

CoStar Group Founder and CEO Andrew C. Florance Named 2022 Tech Titan by Washingtonian Magazine

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Friday, May 20, 2022

Commercial Building & Real Estate, Communications, Construction & Property, Publishing, CoStar Group, NASDAQ, Workflow, Marketing, Homes.com, Research, LoopNet, Industry, STR, Database, Property management, Washingtonian (magazine)

Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group, Inc. (NASDAQ: CSGP) a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets was named one of Washingtonian Magazines 2022 Tech Titans.

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Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group, Inc. (NASDAQ: CSGP) a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets was named one of Washingtonian Magazines 2022 Tech Titans.
Individuals recognized as Tech Titans are leaders among Washington DCs growing, robust, and influential tech industry.
According to Washingtonian Magazine, this list includes, The 225 most innovative and important people in DCs tech scene right now.
CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information and analytics.

CoStar Group Publishes New Retail Sector Findings

Retrieved on:

Thursday, May 19, 2022

According to analysts at CoStar Group, Live-Work-Play office nodes are emerging as a trend that can help protect urban retailers from elevated levels of remote-working.

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According to analysts at CoStar Group, Live-Work-Play office nodes are emerging as a trend that can help protect urban retailers from elevated levels of remote-working.
Among the office nodes identified by CoStar Group researchers, the Hudson Waterfront submarket and the NoMa submarket in Washington D.C. most stood out.
According to CoStar Group data, more than half of Hudson Waterfronts commercial real estate inventory is comprised of apartment rentable building area (RBA).
CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information and analytics.

Apartments.com Publishes April 2022 Rent Growth Report

Retrieved on:

Friday, May 6, 2022

Sunbelt markets continue to dominate the top rent growth markets, with the top 10 markets in terms of year over year rent growth located in the Sunbelt.

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Sunbelt markets continue to dominate the top rent growth markets, with the top 10 markets in terms of year over year rent growth located in the Sunbelt.
The number of markets witnessing rent growth above 20% has declined from eight at the end of 2021 to just four in April, indicating a tempering of rent growth.
Despite the thriving performance from sunbelt markets, Phoenix, in particular, has experienced a dramatic slowing in rent growth.
While year-over-year findings show a slowing of rent growth on a national level, month-over-month findings show the national average rent growing by 0.8%.

Battle of the Bids Contest Heats Up as Ten-X Unveils Round Two Winners

Retrieved on:

Wednesday, May 4, 2022

Ten-X the worlds largest online commercial real estate exchange today unveiled the cash prize winners as round two of the companys Battle of the Bids contest comes to a close.

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Ten-X the worlds largest online commercial real estate exchange today unveiled the cash prize winners as round two of the companys Battle of the Bids contest comes to a close.
Were incredibly excited to announce this group of winners as round two of our inaugural Battle of the Bids contest comes to a close, said Ten-X President Steve Jacobs.
Battle of the Bids allows customers to bet on Ten-Xs auctions.
Battle of the Bids is open to all CoStar Group clients using their existing platform credentials; for more information on the contest, visit BattleoftheBids.com .

CoStar Group Expands Richmond Office Footprint With Purchase of Riverfront Office Building

Retrieved on:

Monday, May 2, 2022

CoStar Group is experiencing significant growth and this building will support our talented and expanding team of professionals who provide value to our customers every day, said Andrew Florance, Founder and Chief Executive Officer, CoStar Group.

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CoStar Group is experiencing significant growth and this building will support our talented and expanding team of professionals who provide value to our customers every day, said Andrew Florance, Founder and Chief Executive Officer, CoStar Group.
This purchase further signifies our long-term commitment to growing in Richmond a city and region with deep pools of talent and a community that encourages innovation.
We are very excited about our continued expansion in Richmond, creating rewarding new jobs and deepening our community engagement and involvement.
CoStar Group has a proud history of growth and success in Richmond where it employs more than 1,200 talented professionals.