CoStar Group announced today that it has reached a definitive agreement to acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion of enterprise value. Under the terms and subject to the conditions of the agreement, Matterport stockholders will receive $2.75 in cashContinue reading “CoStar Group Acquiring Matterport Spatial Property Data Company in $1.6 Billion Deal”
Category Archives: Marketing
Realtor.com and Zillow Ink New Multifamily Rental Listings Syndication Agreement
Realtor.com® and Zillow today announced a new agreement for Zillow to be the exclusive provider of multifamily rental listings on Realtor.com®, generating additional exposure for listings to millions of renters. As part of the new agreement, multifamily rental listings with 25 or more units advertised on Zillow will also be displayed on Realtor.com®. Renters who visitContinue reading “Realtor.com and Zillow Ink New Multifamily Rental Listings Syndication Agreement”
What is a Resimercial Agent? Unveiling the Hybrid Expert
Resimercial agents are a unique group of professionals in the real estate industry who specialize in both residential and commercial properties. This term emerged a few years ago to describe agents who dabble in commercial real estate transactions while maintaining their primary focus on residential sales, and vice versa. These individuals possess a wide-ranging skillContinue reading “What is a Resimercial Agent? Unveiling the Hybrid Expert”
Amazon Scaling Back Aggressive Industrial Warehouse Expansion As Online Sales Slow Down
The world’s largest online retailer is reportedly looking to sublease some of its warehouse space across the country as online sales slow down. This is a move that industrial real estate professionals are watching closely, to get a better understanding of where the industrial rental real estate market may be heading. While the internet retailerContinue reading “Amazon Scaling Back Aggressive Industrial Warehouse Expansion As Online Sales Slow Down”