CoStar Group rallies in Q2 as Apartments.com tallies traffic high

Despite acquisition woes, CoStar Group saw its Homesnap and Apartments.com brands help boost the company’s revenue 21 percent from Q2 2020. Commercial real estate giant CoStar Group reported solid second-quarter earnings on Tuesday with revenue increasing 21 percent annually to $480 million. Although the company experienced a year-over-year increase (+1.63 percent) in its net income, … Read more

With new FTC chair, expect greater scrutiny on the real estate industry

When it comes to real estate competition and antitrust enforcement, there’s a new sheriff in town. Last week, on a bipartisan 69-28 vote, the U.S. Senate approved Lina Khan, associate professor of law at Columbia Law School and a champion of antitrust reform, as a commissioner at the Federal Trade Commission. President Joe Biden then … Read more

Insight Partners, Stone Point finalize CoreLogic acquisition

Stone Point Capital and Insight Partners completed their acquisition of CoreLogic for $5.9 billion Friday. The company received offers from several other firms including CoStar Group. After a nearly one-year-long acquisition battle, CoreLogic is finally in the hands of Stone Point Capital and Insight Partners, according to an announcement on Friday. The company was acquired … Read more

The Inman Handbook on real estate’s biggest rivalries

In 1878, a dispute about a hog sparked a legend. The dispute began when Randolph McCoy claimed that Floyd Hatfield had stolen the hog. A trial ensued, but testimony from a witness with ties to both families helped clear Hatfield. Then, two years later, two McCoy’s killed that witness. The hog-stealing incident came amid an … Read more

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