CoStar Group Founder and CEO Andy Florance Named Inman 2025 Power Player
The annual index highlights the year's most influential professionals in the residential real estate industry, recognizes Andy Florance for the third year in a row
Andy Florance, Founder and Chief Executive Officer of CoStar Group, Inc. (NASDAQ:CSGP) ("CoStar Group," "we" or "our"), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today was recognized as one of Inman's 2025 Power Players.
The annual index, now in its third year, recognizes real estate's most powerful and influential leaders who are shaping the industry's future and charting a course toward a brighter tomorrow. Inman's 2025 Power Players include executives and founders as well as innovators and visionaries, with this year's list highlighting and honoring 143 notable individuals from the residential real estate, mortgage, finance and proptech ecosystems.
Florance's recognition as an Inman Power Player is directly attributed to his investment in CoStar Group's residential real estate portals, Homes.com and Apartments.com. 2024 was an especially monumental year for Homes.com, kickstarted by a massive $1 billion marketing campaign aired during the Super Bowl and the launch of an agent subscription product. By the quarter ending September 30, 2024, the Homes.com network had 130 million average monthly unique visitors with unaided awareness increasing to 33%, up from only 4% before the marketing campaign launch.
"It is an honor to be recognized on Inman's Power Players list for the third year in a row," said Florance. "2024 was a year of incredible growth for our residential real estate portals, and it was only the beginning. We remain dedicated to bringing innovative, transparent and in-depth products and services to agents, buyers, sellers, renters and professionals in the residential real estate industry. I'm looking forward to an exciting year and am proud to be doing this work alongside the other leaders honored on this list."
Founded in 1986, CoStar Group has grown to over 6,400 employees in 14 countries and fulfills the company's vision to digitize the real estate industry, empowering people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group is included in the S&P 500 Index, one of the premier benchmarks of the U.S. equities market, and the company is also included in the NASDAQ 100, one of the world's largest preeminent large-cap indexes.
For more about the Inman Power Players list, including a complete list of winners, please visit here.
About CoStar Group
CoStar Group (NASDAQ:CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over thirteen million average monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France's leading commercial real estate news service. Thomas Daily is Germany's largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group's websites attracted over 163 million average monthly unique visitors in the third quarter of 2024. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
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News Media
Matthew Blocher
Vice President
CoStar Group Corporate Marketing & Communications
(202) 346-6775 | [email protected]