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CoStar Makes Big Buy

Washington, D.C.

CoStar and CEO Andy Florance do not let the grass grow under their feet. This morning they announced the purchase of rental listing site Apartments.com for $585M. The deal marks another coup for CoStar, which in years past acquired listing powerhouse LoopNet and high-level data firm PPR, among other new assets. 

Related Topics: CEO Andy Florance