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CoStar Group completes acquisition of Visual Lease to enhance Real Estate Manager business line

PUBLIC · CSGPNov 01, 2024

Acquiring Company

Costar Group

Acquired Company

Visual Lease

ArlingtonWoodbridgeManufacturingSoftwareVideoReal EstateSecurityAnalyticsCommercial Real EstateSoftware

Description

CoStar Group, a leading provider of online real estate marketplaces, has successfully acquired Visual Lease, a premier lease administration and accounting platform. This strategic acquisition will enhance CoStar Group’s Real Estate Manager business line, providing additional lease management and lease accounting value to corporations of all sizes.

Quick answer

Costar Group is acquiring Visual Lease, announced November 1, 2024. Costar Group is based in Arlington, Virginia, United States.

How much did Costar Group pay for Visual Lease?
The deal value was not disclosed.
What does Costar Group do?
Costar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces.
Where are Costar Group and Visual Lease based?
Costar Group is based in Arlington, Virginia, United States. Visual Lease is based in Woodbridge, New Jersey, United States.
Who are the decision-makers at Costar Group?
Fundz holds 2 contacts at Costar Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Costar Group

Location

1201 Wilson Blvd.

Arlington, Virginia, United States

About

Costar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. Its primary business activities include offering data solutions and insights that help real estate professionals make informed decisions. Key products and services encompass a suite of analytical tools, research offerings, and online platforms for property sales and leasing. The company primarily serves clients in the United States, with an expanding presence in international markets. Costar Group's strategic focus includes leveraging advanced technology to enhance its data offerings and insights, aiming to maintain its leadership position in the commercial real estate industry.

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Frequently asked

Who acquired Visual Lease?

Visual Lease was acquired by Costar Group, based in Arlington. The deal was reported on November 1, 2024. Costar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. Costar Group is publicly traded (CSGP) and operates in Manufacturing.

When did Costar Group acquire Visual Lease?

Costar Group's acquisition of Visual Lease was reported on November 1, 2024. CoStar Group, a leading provider of online real estate marketplaces, has successfully acquired Visual Lease, a premier lease administration and accounting platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Visual Lease do?

Visual Lease (VL) is a premier platform for integrated lease management and lease accounting, trusted by enterprises worldwide to navigate complex portfolios with precision and ease. It is privately held, operating in Software, and is based in Woodbridge.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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