This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

CoStar Group's PPR Division Launches Expanded, Comprehensive Multi-Family Product

WASHINGTON, Sept. 19, 2012 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP), commercial real estate's leading provider of information, analytics and marketing services, today announced its Property and Portfolio Research (PPR) division has launched an expanded multi-family product powered by CoStar's industry-leading commercial property database.

CoStar tracks detailed information on almost 400,000 multi-family properties in 210 U.S. markets and has been building the most comprehensive database of multi-family properties in the industry. The Company has established a dedicated team of 40 individuals that is specializing in the research and verification of multi-family information. Along with independent research, analytics and actionable insights provided by PPR's team of more than 40 economists, the PPR multi-family product is designed to meet the information and analytics needs of PPR's clients, including commercial banks, financial institutions, pension funds, insurance companies and government and rating agencies.

"We believe the unparalleled combination of strong analytics from PPR coupled with CoStar's unmatched, comprehensive data gives our clients who are interested in multi-family an outstanding resource for analyzing properties," said Andrew C. Florance, Founder and Chief Executive Officer of CoStar.

CoStar has already expanded its detailed coverage on more than 25,000 multi-family properties, with information on unit count, unit size, asking rent, effective rent and vacancy. The number of properties with expanded information is expected to grow rapidly over the next 12 months and beyond.

"With coverage of 210 markets, PPR plans to provide insight into the vast majority of U.S. cities, not just the big markets," said PPR Managing Director Hans Nordby. "This is a key point for lenders, who often serve a wide geographic footprint, as well as investors, who are investing in smaller cities."

"From an analytics perspective, we are going where no apartment research group has gone before," Nordby continued.  "We expect to offer effective rent estimates, including forecasts at the metro and sub-market level, as well as demographic and demand driver screens at the street corner level, leveraging CoStar data that simply is not available elsewhere."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs