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Rich Barton, Howard Lorber, Jay Hennick, Brett White

Real estate firms are raising billions in debt and equity. Here’s why

As the economy starts to re-open, real estate players are hungry for cash. On Tuesday, CoStar said it would...

Real estate firms are raising billions in debt and equity. Here’s why
CoStar CEO Andrew Florance (Credit: Getty, iStock)

CoStar adding $1.25B to war chest

CoStar wants to add $1.25 billion to its war chest. The commercial real estate data giant announced the sale of common stock Tuesday. In a regulatory filing, the company said it would use some...

CoStar adding $1.25B to war chest
David Baker of Baker New York, CoStar CEO Andrew Florance and James Wacht of Lee & Associates (Credit: Baker; CoStar via YouTube; Lee & Associates)

CoStar unmoved as NYC brokers seek discounts

With commercial brokerage “shut down,” dozens of New York firms are asking CoStar Group to discount the hefty subscription...

CoStar unmoved as NYC brokers seek discounts
CoStar Group's Andrew Florance (Credit: CoStar)

CoStar draws $745M from credit line

CoStar Group has borrowed $745 million from its line of credit to fund its acquisition of RentPath, and as a hedge against the tumultuous market. In a regulatory filing Thursday, the real estate data...

CoStar draws $745M from credit line
CoStar CEO Andy Florance and RentPath CEO Marc Lefar (Credit: Getty Images)

CoStar acquires troubled rental listings firm for $588M

CoStar Group has acquired troubled apartment listing firm RentPath for $588 million. The real estate data giant’s all-cash deal...

CoStar acquires troubled rental listings firm for $588M
From left: RentPath CEO Marc Lefar and CoStar CEO Andy Florance (Credit: CoStar via YouTube)

CoStar discussing $500M takeover of apartment finder RentPath

CoStar Group is in talks to acquire a troubled apartment listing firm for close to $500 million. The discussions...

CoStar discussing $500M takeover of apartment finder RentPath
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