CoStar appoints Felix Kusch as new President
Kusch joins after leading major European real estate portals Immoweb and Immowelt, sharing the 'Your Listing, Your Lead' business model.
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Commercial real estate information and analytics provider
costargroup.comLast updated
In short: CoStar acquired Zonda for $800 million, reported its first profitable residential quarter, and integrated AI features into Apartments.com.
Kusch joins after leading major European real estate portals Immoweb and Immowelt, sharing the 'Your Listing, Your Lead' business model.
The deal enhances CoStar’s proprietary data and analytics capabilities while boosting profitability and margin profiles across the broader U.S. housing market.
Price joins the digital commercial real estate auction platform after twelve years leading foreclosure auction services at Auction.com and Bank of America to drive data-focused growth.
Adjusted EBITDA more than doubled to $184 million, residential segment turned positive, and Apartments.com Ai launched with strong early engagement.
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