CoStar Group Founder and CEO Andy Florance Named as Top Ten on SP 200 Real Estate’s Most Powerful and Influential List
January 16 2024 - 4:05PM
Business Wire
The 11th annual Swanepoel Power 200 (SP 200)
analyzes and ranks the top 200 industry leaders.
The Swanepoel Power 200, the definitive ranking of the
residential real estate brokerage industry’s executives and
leaders, has named Andy Florance, Founder and Chief Executive
Officer of CoStar Group (NASDAQ: CSGP), as one of the nation’s ten
most powerful and influential people in real estate for 2023.
The recognition of Andy Florance on the SP 200 list follows
another year of major growth and achievement for CoStar Group,
especially for the company’s residential real estate portal
Homes.com, which surpassed Realtor.com and Redfin in September 2023
to become the second most-trafficked real estate portal in the
country. Founded in 1987, CoStar Group has grown to over 5,600
employees in 14 countries and fulfills Florance’s vision to
digitize the real estate industry, empowering people to discover
properties, insights, and connections that improve their businesses
and lives. CoStar Group is included in the S&P 500 Index, one
of the premier benchmarks of the U.S. equities market, and the
company is also included in the NASDAQ 100, one of the world’s
largest preeminent large-cap indexes.
“It's an honor to be ranked again as one of the top ten real
estate business leaders,” said Andy Florance, Founder and Chief
Executive Officer of CoStar Group. “I congratulate the other
industry leaders recognized on this esteemed list. This award
reflects our continued commitment to providing the most in-depth
and powerful real estate tools through the incredible efforts of
our whole CoStar Group team. We’re looking forward to continuing to
drive innovation within the real estate industry.”
Andy is joined on the Swanepoel Power 200 list by a wide range
of top executives, including Gino Blefari, president and CEO of
HomeServices of America; Gary Keller, the founder and executive
chairman of kwx; Glenn Sanford, the founder and CEO of eXp World
Holdings; and Ryan Schneider, CEO and president, Anywhere Real
Estate among others.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a leading provider of online real
estate marketplaces, information, and analytics in the property
markets. Founded in 1987, CoStar Group conducts expansive, ongoing
research to produce and maintain the largest and most comprehensive
database of real estate information. CoStar is the global leader in
commercial real estate information, analytics, and news, enabling
clients to analyze, interpret and gain unmatched insight on
property values, market conditions and availabilities.
Apartments.com is the leading online marketplace for renters
seeking great apartment homes, providing property managers and
owners a proven platform for marketing their properties. LoopNet is
the most heavily trafficked online commercial real estate
marketplace with over twelve million monthly global unique
visitors. STR provides premium data benchmarking, analytics, and
marketplace insights for the global hospitality industry. Ten-X
offers a leading platform for conducting commercial real estate
online auctions and negotiated bids. Homes.com is the fastest
growing online residential marketplace that connects agents,
buyers, and sellers. OnTheMarket is a leading residential property
portal in the United Kingdom. BureauxLocaux is one of the largest
specialized property portals for buying and leasing commercial real
estate in France. Business Immo is France’s leading commercial real
estate news service. Thomas Daily is Germany’s largest online data
pool in the real estate industry. Belbex is the premier source of
commercial space available to let and for sale in Spain. CoStar
Group’s websites attract nearly 160 million unique monthly
visitors. Headquartered in Washington, DC, CoStar Group maintains
offices throughout the U.S., Europe, Canada, and Asia. From time to
time, we plan to utilize our corporate website, CoStarGroup.com, as
a channel of distribution for material company information. For
more information, visit CoStarGroup.com.
About the SP 200
The SP 200 (Swanepoel Power 200), the first section of the
annual Real Estate Almanac, ranks the nation’s 200 most powerful
residential real estate brokerage leaders every year based on a
variety of factors, including size of the company they lead,
personal leadership and influence within the industry, track record
and resources at their disposal and recent initiatives. First
published in 2014, the 2023 SP 200 can be viewed online at
sp200.com.
About T3 Sixty
T3 Sixty is the leading management consultancy in the
residential real estate industry with business units in brokerage,
technology, mergers and acquisitions, and organized real estate.
The group also provides software and data, extensive research and
reports, executive search and event management services. For more
information, visit t360.com.
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News Media Contact Matthew Blocher CoStar Group (202)
346-6775 mblocher@costargroup.com
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