Today, CoStar Group’s Founder and Chief Executive Officer, Andy Florance, was named the winner of a Gold Stevie^® Award in the Executive of the Year – Real Estate category in The 20th Annual International Business Awards^®. He was also honored with a Silver Stevie^® Award in the Best Entrepreneur – Real Estate category.

Florance was recognized for his exceptional achievements in the global real estate sector, where despite the macroeconomic headwinds seen in recent years, he has overseen the continued growth of the business he founded in 1987. He has led CoStar Group, a leading global provider of online real estate marketplaces, information, analytics, and data-driven news in the commercial and residential property markets, as it has grown into a team of over 5,600 employees in 15 countries.

The company’s rapid growth shows no sign of stopping, largely due to its introduction of innovative new products and continued dominance in real estate data and analytics. CoStar Group was selected for inclusion in the S&P 500, a premier benchmark of the US equities market, and the NASDAQ 100 in recognition of its robust financial performance and leadership in technology and real estate under Florance.

“I am honored to have been selected for the prestigious International Business Awards,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Ultimately it is our entire team that deserves recognition. Their hard work and dedication to innovation is what drives our company’s growth. We’re proud to support our customers by discovering properties, insights and connections across international real estate markets that help them achieve their business goals.”

“Nominations to the IBAs get better every year, and this year’s class of Stevie winners is the most impressive yet,” said Stevie Awards president Maggie Miller. “The winners have demonstrated that their organizations have set and achieved lofty goals. We congratulate them on their recognized achievements and look forward to celebrating them on stage in Rome on 13 October.”

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit, and non-profit, large, and small are eligible to submit nominations. The 2023 IBAs received entries from organizations in 61 nations and territories. More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

About CoStar Group

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. 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 100 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.

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