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Outlet profile

CoStar News

U.S. commercial real estate industry trade

Owned byCoStar Group, Inc. (NASDAQ: CSGP), a publicly traded company founded by Andrew Florance; institutional investors including Vanguard Group and BlackRock hold roughly 92% of shares collectively
FundingRevenue flows through CoStar Group's subscription-based business model; news content is bundled into the CoStar platform sold to brokers, lenders, investors, and property owners — CoStar Group reported roughly $3.2 billion in total revenue for 2025, predominantly from recurring subscriptions
On the administrationmostly neutral

Background

CoStar Group was founded in 1986–1987 by Andrew Florance, who built a commercial real estate database business from a college dorm room into an S&P 500 and Nasdaq 100 company. The company went public in 1998 and expanded through decades of acquisitions, including LoopNet (2012), Apartments.com (2014), the hotel data firm STR (2019), Homes.com (2021), 3D-mapping firm Matterport (2025), and Australian platform Domain. CoStar News grew as a journalism division staffed by reporters recruited from mainstream outlets such as The Washington Post, Bloomberg, and the Chicago Tribune. The unit covers commercial real estate across the United States, Canada, and the United Kingdom, with articles linked directly to CoStar's proprietary property database. The news team has competed — and won awards — against The New York Times, The Wall Street Journal, and Bloomberg in the National Association of Real Estate Editors journalism contest. Because CoStar News is embedded within a subscription product sold to the same industry professionals it covers, its editorial perspective is shaped by a commercial real estate audience rather than a general-interest or politically motivated readership. No significant editorial controversies or documented bias allegations have emerged in public reporting, though the structural relationship between the newsroom and its paying subscriber base is a standing consideration for readers evaluating independence.

Sources

  1. CoStar Group – Wikipedia
  2. News | CoStar – product overview
  3. CoStar Group wins gold medal in largest US real estate journalism contest
  4. CoStar Group Full Year 2025 Revenue Results (press release)
  5. CoStar News – new wave of tariffs expected to rock US retail
  6. CoStar Group Business History – Speedwell Research
  7. CoStar Group wins five awards in nation's biggest real estate journalism contest

Profile compiled 2026-07-13; refreshed when ownership, funding, or the administration changes.

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