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CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Washington, D.C., the company has grown to include the online database CoStar and several online marketplaces, including Apartments.com and Homes.com.
Recent indications from the Federal Reserve of fewer rate cuts next year have served as a reality check for commercial real estate. But the sector may finally regain momentum in 2025.
Delinquency rates for mortgage-backed commercial properties increased 6.5% during the fourth quarter of 2023, according to a January MBA report. "Ongoing challenges in commercial real estate ...
Carolina Place mall owner Brookfield Properties defaulted on a $149 million loan debt, according to a CMBS report provided to The Charlotte Observer by commercial real estate research group CoStar ...
The company produces intermittent reports on real estate markets that receive broad American media coverage. Fast Company covered a study on building lot availability, [10] MSNBC covered one on which home remodeling projects bring the most value, [11] and Boston.com covered another on the shrinking square footage of new houses.
2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most acute in the United States and China.
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