Change language to Arabic Change language to Chinese (Simplified) Change language to Dutch Change language to English Change language to French Change language to German Change language to Italian Change language to Japanese Change language to Portuguese Change language to Russian Change language to Spanish

News | 1 min read

CoStar to purchase for $156m

April 16, 2021

CoStar Group Inc. announced Wednesday it has reached an agreement to purchase, a division of Norfolk-based Dominion Enterprises, for $156 million in cash. is a residential property listing and marketing portal that brings nearly 1.8 million residential property listings each month to its membership base of more than 500,000 residential real estate agents and brokers. The transaction is expected to close in the first half of 2021, according to Washington, D.C.-based CoStar, which has a significant presence in Richmond. CoStar Group, the nation’s leading provider of commercial real estate information and analytics, employs more than 4,600 people worldwide and manages a portfolio of online services that provide information on the hospitality, rental properties and commercial real estate sectors. CoStar also runs online marketplaces including and LoopNet.

Read the full story here.