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Monthly Archives: September 2017

CoStar’s People of Note (Sept. 29) – C&W Taps Gougarty as Americas Lead, Encore REIS Names Przybyla President and COO…

  • September 29, 2017
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The following companies announced personnel moves this week: Cushman & Wakefield, Encore REIS, Mohr Partners, Avison Young, Citadel Partners, Longbrook Capital, RLJ Lodging, Lincoln Property Co. GGP, FS Credit REIT, Tremont Mortgage, Greystone, HHF, Colliers International, CBRE, Robinson Weeks Ptnrs, TerraCap, JLL, Western Specialty, Binswanger, Orion, S.L. Nusbaum, Starboard Commercial, Spencer Hines, Berger Commercial and Monday Properties.

CoStar Group Announces Pricing of Common Stock Offering

CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar”) announced today that it has priced an offering of 2,884,616 shares of its common stock at a price of $260.00 per share.

The company also said it has granted the underwriters in the offering a 30-day option to purchase up to an additional 432,692 shares of its common stock at the same price.

J.P. Morgan, Goldman Sachs & Co., Citigroup, BofA Merrill Lynch, SunTrust Robinson Humphrey and Wells Fargo…

For Amazon’s Second HQ’s Search, Bigger May Be Better

While there has been no shortage of market conjecture in recent weeks on where Amazon will decide to locate its new ‘co-headquarters,’ we decided to crunch the numbers using CoStar’s unparalleled database of commercial real estate information using the key criteria identified by Amazon in its Request for Proposal (RFP).

The rankings weighed the percent of a metro’s population holding a bachelor’s degree or higher, the total number of computer and…

In Mixed Period for Hotel Sector, Procaccianti Launching REIT

Rhode Island-based Procaccianti Cos., owner of TPG Hotels & Resorts, is forming a new nontraded REIT to expand its hotel investments.

The move comes at a time when lodging REITs have fallen a bit out of favor with investors, even as hotels continue to grow occupancy and room rates.

According to its initial filing, Procaccianti Hotel REIT will seek to acquire a diverse portfolio of existing select-service, extended-stay, and compact full-service…

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