If residential housing markets continue to improve, they may help drag commercial real estate markets higher. If so, companies focused on the commercial real estate market - such as CoStar Group (NASDAQ:CSGP) - may trade higher.
What they do.
CoStar Group operates a commercial real estate research and analysis portal and LoopNet, a commercial real estate listing service acquired a year ago.
It took regulators a year to clear the LoopNet acquisition given the combined company's market clout. But, the regulatory hurdles are firmly in the rearview mirror and CoStar is a year into the LoopNet acquisition. If early results are any indication, the company may find the deal better than initially hoped.
Commercial real estate is highly...
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