Tuesday 11 February 2020

CoStar discussing $500M takeover of apartment finder RentPath

CoStar Group is in talks to acquire a troubled apartment listing firm for close to $500 million. The discussions to acquire RentPath — the parent company of residential rental websites including ApartmentGuide.com, Rentals.com and Rent.com — remain in flux, and a deal is yet to close, according to the Wall Street Journal. The deal would further signal CoStar’s desire to gobble up apartment-listings businesses to complement its sprawling commercial real estate information service. CoStar has



source https://therealdeal.com/2020/02/11/costar-discussing-500m-takeover-of-apartment-finder-rentpath/

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