Upcoming posts (in no particular order): Gartner, Tractor Supply, Intuitive Surgical, Rollins, Fortive, and Veralto CoStar owns a dominant data business that spews prodigious cash flows. So, when it launches listing services – connecting real estate buyers and renters with agents and brokers – it comes armed with proprietary content to enliven those listings and […]
Category Archives: [CSGP] CoStar Group
One way to make money is to start with transactions and monetize the data exhaust. Intercontinental Exchange disseminates data from the trading activity on its exchanges. Amazon’s ad business relies on first party data spawned by e-commerce. CoStar instead made the less common reverse commute, brute force curating commercial real estate data and then building […]
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Before CoStar came onto the scene in 1987, getting clean and current data on rental rates, vacancies, absorption, and precedent comps needed to transact in commercial real estate was a vexing, ad hoc process. In the early/mid-90s, juniors staffed across various financial institutions devoted significant chunks of their workweeks collecting and scrubbing this information. Or […]
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