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CoStar cuts Richmond jobs as Homes.com faces scrutiny
CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism over spending and strategy.
Beyond Loudoun: Why data centers are seeking new markets
Tighter zoning and power limits in Northern Virginia are pushing data center developers to other regions across the state.
Virginia multifamily housing market shows signs of cooling
Virginia’s multifamily housing cools with fewer new units, slower rent growth, and higher construction costs.
CoStar completes $1.9B acquisition of Domain
CoStar Group announced Wednesday that it has completed its $1.9 billion acquisition of Australian property listings platform Domain.
Office sublease supply shrinks in major NOVA markets
The sublease supply for Northern Virginia’s top office hubs is shrinking as the market has begun to stabilize after the COVID-19 pandemic.
CoStar to purchase Australian property listings platform for $1.9B
Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire Domain, an Australian property listings platform, for 3 billion in Australian dollars, or $1.9 billion in U.S. dollars.
Homes.com retains No. 2 ranking among US real estate portals
Homes.com averaged 104M monthly visitors in Q1 2025, ranking No. 2 among U.S. real estate portals, according to CoStar Group’s latest earnings call.
CoStar shakes up board of directors
Arlington County-based real estate data and analytics company CoStar Group is making major changes to its board of directors and launching a committee to scrutinize its finances as part of an agreement it entered with New York hedge funds D. E. Shaw group and Third Point. As part of the terms of the agreement, which […]
CoStar completes $1.6B acquisition of Matterport
Arlington County-based real estate data and analytics company CoStar Group announced Friday that it had completed the acquisition of Sunnyvale, California-based 3D digital twin technology company Matterport. CoStar says the $1.6 billion acquisition, which was announced last year, will allow the company to accelerate the adoption of AI-driven digital twin technology across the global real […[...]
CoStar makes deal to move into Arlington HQ in early 2025
CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a deal with a tenant in the headquarters building that included a $48 million early termination fee. The global real estate data and analytics company, best known for its Apartments.com and Homes.com marketplaces, announced plans to relocate its corporate headquarters […]
Virginia is for HQs
When CoStar Group was searching for its new headquarters in 2022, Central Place Tower at 1201 Wilson Blvd. in Arlington County, with its impressive accompanying bird’s-eye views, captured the company’s attention. Located about a quarter mile from the Potomac River, the gleaming, 391-foot-tall Class A office building features floor-to-ceiling windows across its 31 stories, reflecting [...]
CoStar-WeWork dispute opens door for coworking competitors
One of the most disrupted sectors in Northern Virginia since the pandemic has been office space, as many white-collar workers work remote or hybrid schedules, leading to less demand. On top of that, in Arlington County‘s Rosslyn corridor, WeWork clients have had to deal with the coworking company’s uncertain future. Although WeWork was set to […]
