CoStar Group Announces Commercial Mortgage-Backed Securities (CMBS) Data Integration

WASHINGTON–(BUSINESS WIRE)–Today, CoStar Group, the leading provider of online commercial real estate information, analytics and marketplaces, announced that CMBS loan and property data is now integrated into the CoStar’s market-leading commercial real estate information (CRE) platform. CMBS information, now searchable and located in CoStar’s detailed building records, includes regular financial reports on loan performance and detailed property operating statements.

“CoStar remains committed to helping owners, lenders and brokers find more opportunities and make better decisions faster,” said Andrew Florance, CoStar Group Founder and CEO. “Integrating CMBS data into CoStar provides customers with unparalleled power and even more transparency into CRE ownership data and access to proprietary information.”

When fully deployed, the new CMBS dataset adds actionable commercial real estate insights into CoStar’s platform, including $1 trillion of outstanding debt information on 100,000 active CMBS loans, a total of $2 trillion in outstanding debt on 200,000 loans including purged files dating back 20 years, 90,000 additional active commercial lease expirations and 40,000 detailed operating statements of active properties. To further enhance the data set, CoStar has established a fully dedicated research team to continuously collect additional information related to CMBS properties. Clients will unlock a vast array of new opportunities, such as the ability to find new distressed or value-added investment opportunities, compare the financial performance of peer properties, win more business by identifying refinancing opportunities , quickly find valuable information for loan underwriting, and gather detailed insights into loan terms and performance to deliver more value to customers.

Using new building search filters, users have the ability to search for commercial buildings using CMBS loan information criteria. Examples of searchable information include current loan payment status, due date, most recent balance, most recent DSCR, most recent LTV, and many other loan terms and contacts relevant.

For over 30 years, CoStar has provided the industry standard for commercial real estate data, analytics and marketplaces, helping over 165,000 current subscribers better understand the industry landscape and discover unparalleled connectivity. With 1,400 full-time researchers tracking more than 6 million commercial properties and 7.9 million tenants across 450 markets and 11,888 submarkets, CoStar provides the insights, analytics, audiences and connections essential for success.

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of online commercial real estate information, analysis and marketplaces. Founded in 1987, CoStar conducts extensive and ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unparalleled insight into commercial property values, market conditions and current availability. STR provides premium data benchmarking, analysis and market intelligence for the global hospitality industry. Ten-X provides a leading platform for conducting online auctions and negotiated offers in commercial real estate. LoopNet is the busiest online commercial real estate marketplace with over 7 million unique visitors per month. Realla is the UK’s most comprehensive digital commercial property marketplace. The Apartments.com Network, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters looking for search for great apartments and offer property managers and owners a proven platform for marketing their properties. Homesnap is a leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and strengthen the agent-client relationship. The CoStar Group websites averaged approximately 69 million unique monthly visitors during the third quarter of 2020. Headquartered in Washington, DC, the CoStar Group has offices in the United States and in Europe, Canada and Asia with a staff of over 4,300 people worldwide, including the largest professional research organization in the industry. For more information, visit CoStarGroup.com.