Podcasts about costar group

In this Dialogue episode of The Synopsis, we give an update on Airbnb after 1Q25 earnings. Check out our written business updates for $ABNB below!  Airbnb 1Q25 Business Update ~*~ For full access to all of our updates and in-depth research reports, including our CoStar Group and Evolution Extensive Research Reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) Intro (1:49) — Airbnb High Level Update  (6:40) — Diatribe on Sell-Side Analyst Q&A (9:00) — Airbnb Growth Slowdown and Macro (22:30) — Airbnb's New Businesses (29:30) — Valuation, Mature Margin Defense -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of publication, one or more contributors to this report has a position in ABNB. Furthermore, accounts one or more contributors advise on may also have a position in ABNB. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

On this Dialogue episode of The Synopsis, we give an update on CoStar Group and Evolution after 1Q25 earnings. Check out our written business updates for $CSGP and $EVO below!  CoStar Group 1Q25 Business Update  Evolution 1Q25 Business Update ~*~ For full access to all of our updates and in-depth research reports, including our CoStar Group and Evolution Extensive Research Reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) Intro (1:05) — William deGale Interview Comments (6:50) — CoStar Update, Growth vs S&M  (25:11) — Importance of BoD, Capital Allocation Committee (33:23) — Evolution Update, Revenue Growth Deceleration -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of publication, one or more contributors to this report has a position in CSGP and EVO. Furthermore, accounts one or more contributors advise on may also have a position in CSGP and EVO. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

In this episode, RJ Pittman, CEO of Matterport, shares his journey from a young entrepreneur to a leader in the digitization of real estate. He discusses the evolution of AI and its integration into real estate, highlighting how Matterport's technology creates 3D digital twins of properties. RJ emphasizes the importance of data in AI and how Matterport's partnership with CoStar Group aims to revolutionize the real estate industry. He also explores the future of property intelligence and the potential of AI to enhance the home buying experience. Guest: RJ Pittman, CEO Matterport LinkedIn : https://www.linkedin.com/in/rjpittman/   Show Mentions:  Videos on Matterport Marketing Cloud - https://matterport.com/releases/2025-winter  Platform's groundbreaking “defurnish” feature - https://matterport.com/features/defurnish   Host: Rajeev Sajja on Facebook Rajeev Sajja on Instagram Rajeev Sajja on LinkedIn Rajeev Sajja on YouTube   Resources:  Real Estate AI Flash Podcast Site AI Playbook Join the Instagram Real Estate AI Insiders Channel Join the Real Estate AI Academy waitlist Subscribe to the Real Estate AI Flash Newsletter

Two of South Florida's sharpest data minds dropped by Büro for a couple of cocktails and a deep dive into the numbers shaping our region's real estate market. Anthony and Juan joined us to unpack the real impact of tariffs on real estate and construction costs. We also got into the weeds on demographic shifts, new construction trends, and the Florida Legislature's half-baked idea to eliminate property taxes (yeah, we went there).From hard data to bold predications, this was an insightful and entertaining episode with two guys who truly know the market and data better than anyone.Connect with usWant to dive deeper into Miami's commercial real estate scene? It's our favorite topic—and we're always up for a good conversation. Whether you're just exploring or already making big moves, feel free to reach out at felipe@builtworldadvisors.com or give us a call at 305.498.9410. Prefer to connect online? Find us on LinkedIn or Instagram—we're always open to expanding the conversation. Ben Hoffman: LinkedIn Felipe Azenha: LinkedIn We extend our sincere gratitude to Büro coworking space for generously granting us the opportunity to record all our podcasts at any of their 8 convenient locations across South Florida.

In this episode, Jan Freitag, National Director, Hospitality Analytics at CoStar Group, shares insights on the impact of tariffs on the US hotel industry, the importance of actionable data, and strategies for navigating uncertain times.Links:"Tell Me More" Podcast by Jan Freitag & Isaac Collazo: Apple Podcasts or Spotify Jan's recent episode on No Vacancy NewsJan's episode on the Hotel Moment podcastHotel Data ConferenceI-92/APIS Dataset from the U.S. Department of CommerceMore conversations about the economy and the state of the hotel industry:Hospitality's Early Warning Signs: What the Data Reveals About the Economy Ahead - Jamie Lane, AirDNATariffs, Unfolding Travel Trends, and San Francisco's Comeback - Zach Demuth, JLL A few more resources: If you're new to Hospitality Daily, start here. You can send me a message here with questions, comments, or guest suggestions If you want to get my summary and actionable insights from each episode delivered to your inbox each day, subscribe here for free. Follow Hospitality Daily and join the conversation on YouTube, LinkedIn, and Instagram. If you want to advertise on Hospitality Daily, here are the ways we can work together. If you found this episode interesting or helpful, send it to someone on your team so you can turn the ideas into action and benefit your business and the people you serve! Music for this show is produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands

If you've ever searched for land for sale, chances are you have come across Land.com. Land.com is owned by Costar Group, the owner of brands such as Apartments.com, Loopnet and Homes.com. Today is a conversation with Tom Alexander. He is a fellow traditional bow enthusiast and the Publisher of Land Magazine. We discuss what goes on behind the scenes at Land.com, how it works, and what is in store for the future. Search Land.com Buy, Sell, Lease, or Auction Land

On this Dialogue episode of The Synopsis, we talk about the the potential impact of tarifs and the trade war, in addition to a RH 4Q24 Business Update.  ~*~ For full access to all of our updates and in-depth research reports, including our CoStar Group and Copart Extensive Research Reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) — Macro, Trade War, and Tarrifs  (10:24) — RH 2024 Overview  (16:19) — Worst Case Downside Scenario, Tariffs, Debt  (28:40) — Large Stock Repurchase  (33:22) — Upside and Why RH is Special   -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of publication, one or more contributors to this report has a position in RH. Furthermore, accounts one or more contributors advise on may also have a position in RH. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

On this Dialogue episode of The Synopsis, we answer listener questions and talk about RH, APi Global, Constellation Software, NVR, Dream Finder Homes, Axon, Copart, and a recent interview Drew Cohen gave with Compounding Quality. We hope you enjoy!   Mentioned Memo: An Interview on Investing with Speedwell's Drew Cohen ~*~ For full access to all of our updates and in-depth research reports, including our CoStar Group and Copart Extensive Research Reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) Intro (1:32) — RH and Macro (7:30) — APi Global Roll-Ups (and Constellation Software Parallels) (15:58) — NVR vs Dream Finders Home; Only Buy the Best? (26:30) — What Investment Rule do you Disagree With?  (31:20) — Axon, Copart, and Culture (38:59) — How to Make a Decision   -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

On this Dialogue episode of The Synopsis, we give an update on CoStar Group and Copart. Check out our written business updates for $CSGP and $CPRT below!  CoStar Group 4Q24 Business Update  Copart: 2Q25 Business Update (Calendar 4Q24) ~Mentioned Memos~ Accounting Memo: Alibaba, JD, and the $330bn Footnote ~*~ For full access to all of our updates and in-depth research reports, including our CoStar Group and Copart Extensive Research Reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) Intro ~CoStar Group~ (1:58) — CoStar Overview  (10:55) — Sales Force, Growth, Homes.com  (23:06) — Better Bear Case, Valuation, Andy Florance as a CEO ~Copart~ (31:51) — Copart Overview and Tailwinds (47:45) — International, Purple Wave, Tariffs, Valuation  -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of publication, one or more contributors to this report has a position in CSGP and CPRT. Furthermore, accounts one or more contributors advise on may also have a position in CSGP and CPRT. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. In this episode of the Commercial Real Estate Podcast, hosts Adam Powadiuk and Aaron Cameron sit down with Carl Gomez, Chief Economist and Head of Analytics at CoStar Group, to discuss the future of Canadian commercial real estate. They explore key trends, including the... The post Tariffs, Rates & Real Estate: What's Next for Canadian CRE? Insights from Carl Gomez appeared first on Commercial Real Estate Podcast.

ABOUT MAHER HANAFIMaher Hanafi is a seasoned technology engineering leader, driving digital transformation and delivering impactful SaaS solutions. As Senior Vice President of Engineering at Betterworks, he leads the AI vision and applications for their AI-powered performance management software, overseeing the integration of AI tools that enhance HR functions like performance reviews, goal setting and employee development.Maher's passion for technology centers on the transformative potential of AI, particularly Generative AI. He views it as a powerful tool capable of learning, adapting and solving real-world problems, and champions its responsible development to empower individuals.Maher's vision extends beyond technology, aiming to revolutionize tech workplaces by fostering human potential alongside cutting-edge solutions. He employs a people-centric leadership style, building collaborative environments that empower teams to excel. This commitment to empowerment extends to mentoring fellow engineering leaders and sharing his knowledge through public speaking.ABOUT COREY COTOCorey Coto is a creative, data-driven, and innovative executive. He founded Kaizen Insights to help enterprises create business intelligence with their people. Corey was SVP of Product, Design and Engineering at a Vista Equity Partners portfolio company and held engineering leadership roles at Amazon, CoStar Group, and Liberty Mutual. He is a Founder Institute Mentor, an ELC Seattle Chapter Lead, and a startup advisor. Software is his favorite artistic medium because of its power to quickly move the needle on big ideas that can benefit people and the planet. He believes there has never been a better time to build. The future is bright!SHOW NOTES:When Maher realized he needed to rethink his approach to AI & upskill quickly (3:38)Milestones across Maher's AI knowledge progression (7:42)Set aside time for your eng team to experiment & apply AI learnings (11:09)Why intentionally building different use cases leads to better outcomes (14:22)The importance of revisiting AI decisions as a team (16:53)Frameworks for determining how deep to go into each learning area (19:37)How to navigate the challenges of going from proof of concept to production (22:43)Evaluating the ROI of AI applications (26:47)Strategies for deciding which resources / operating expenses go toward AI use cases (29:24)Tips for developing stakeholder confidence in your AI strategy (32:36)How non-technical experts can build AI awareness & confidence (36:22)Betterworks' AI roadmap for 2025 (38:48)Rapid fire questions (40:58)LINKS AND RESOURCESDrive: The Surprising Truth About What Motivates Us - Drawing on four decades of scientific research on human motivation, Daniel H. Pink exposes the mismatch between what science knows and what business does—and how that affects every aspect of life. He examines the three elements of true motivation—autonomy, mastery, and purpose—and offers smart and surprising techniques for putting these into action in a unique book that will change how we think and transform how we live.This episode wouldn't have been possible without the help of our incredible production team:Patrick Gallagher - Producer & Co-HostJerry Li - Co-HostNoah Olberding - Associate Producer, Audio & Video Editor https://www.linkedin.com/in/noah-olberding/Dan Overheim - Audio Engineer, Dan's also an avid 3D printer - https://www.bnd3d.com/Ellie Coggins Angus - Copywriter, Check out her other work at https://elliecoggins.com/about/

In this episode of The Synopsis we read an excerpt from our extensive research report of CoStar Group! If you prefer to read instead of listen to the memo, you can find access to the article below. Subscribe to Drew Cohen's YouTube Channel Here CoStar Group Memo Link:  https://www.speedwellmemos.com/p/costar-business-history   *~* *Become a Speedwell Member or Purchase the CoStar Group Single Report Here* -*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) – YouTube Announcement and Episode Formats (2:33) –Memo Reading Starts (24:18) – Upcoming!  -*-*-*-*-*-*-*-*-*-*- Purchase a Speedwell Membership to gain access to Speedwell's Extensive Research Reports, Models, Company Updates, and more.  Speedwell Research's main website can be found here.  Find Speedwell's free newsletter here. -*-*-*-*-*-*-*-*-*-*- Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

CoStar Group Completes Acquisition of Matterport, Ushering in a New Era of 3D Digital Twins and AI-Powered Real Estate Innovation CoStar Group and Matterport to deepen their focus in AI, computer vision, and machine learning, advancing property insights and driving the growth of digital twin technology across the global commercial and residential real estate sector ARLINGTON, Virginia -- Friday, 28 February 2024 -- (BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today the successful completion of its previously announced acquisition of Matterport, Inc. (NASDAQ: MTTR), the global leader in 3D digital twin technology. This powerful combination brings together two industry pioneers to accelerate the adoption of AI-driven digital twin technology across the global real estate landscape. “CoStar Group and Matterport have long shared a vision of digitizing the real estate industry, and today, we officially unite to realize that future together,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Matterport's cutting-edge 3D capture and AI-powered property insights have already transformed how residential and commercial properties are marketed and experienced. By integrating Matterport's groundbreaking digital twin technology with our vast property data and online marketplaces, we are creating an unparalleled solution for buyers, sellers, and renters to explore properties with greater depth and insight than ever before." Matterport pioneered 3D digital twins, enabling property owners, buyers, and renters to experience properties with immersive accuracy from anywhere in the world. With over 14 million spaces and 50 billion square feet digitized across 177 countries, Matterport has built the world's largest and most precise spatial data library, empowering real estate professionals with powerful insights and visualization tools. “This is an exciting milestone for Matterport, as we join forces with CoStar Group to accelerate our impact on the global real estate industry,” said RJ Pittman, Chairman and CEO of Matterport. “From residential to commercial, our technology is redefining how residential and commercial spaces are discovered, marketed, and transacted. With CoStar Group's scale and resources, we can fast-track innovation, deepen AI-driven analytics, and deliver even greater value to our customers worldwide.” --- CoStar Group media release continues in the We Get Around Network Forum: https://www.wegetaroundnetwork.com/topic/20748/page/1/costar-group-completes-acquisition-of-matterport/  

Two AI Voices Riff on How the CoStar Group Acquisition of Matterport may affect Matterport Service Providers https://www.wegetaroundnetwork.com/topic/20748/page/1/costar-group-completes-acquisition-of-matterport/ -- Prompt and content reviewed by: We Get Around Network Founder and Managing Editor Dan Smigrod  https://wgan.info/dansmigrod 

Detroit, once a symbol of the Rust Belt's decline, is now rewriting its story as a hub for innovation and mobility. Home to the Michigan Central innovation district and Newlab, the city has transformed into a growth engine for startups tackling the future of transportation. With its rich history as the birthplace of automotive mobility and its current momentum as a technological disruptor, Detroit is attracting mobility entrepreneurs eager to reshape mobility for the 21st century.So, what makes Detroit the ideal launchpad for next-gen mobility startups? How do spaces like Newlab support the innovation ecosystem?In this episode of DisruptED, host Ron J. Stefanski sits down with Ben James, the Co-founder and CEO of Tubular Network, a cutting-edge company revolutionizing the last mile of delivery with robotic tube systems. Together, they explore why Detroit's dynamic ecosystem, grit, and historical relevance make it the perfect home for mobility entrepreneurs and companies like Tubular Network.Key takeaways from the episode:The Detroit Comeback Story: Once seen as a symbol of urban decline, Detroit is now a magnet for mobility entrepreneurs, with Newlab serving as a vibrant incubator for innovation.The Tubular Network Journey: Ben James explains why Tubular Network relocated from Austin to Detroit and how the city's mobility-focused infrastructure has catalyzed their growth.Why Ecosystems Matter: Newlab provides the ideal environment for startups to collaborate, innovate, and showcase their technologies in spaces designed to inspire and disrupt traditional mobility.Ben James is an accomplished entrepreneur and product leader with extensive experience in augmented reality, electric transportation, and education. As the Co-founder and CEO of Tubular Network, he leverages his engineering expertise and hyperloop technology background to pioneer innovative logistics solutions. With a career spanning leadership roles at Magic Leap, CoStar Group, and National Instruments, Ben excels in driving product strategy, leading prototyping teams, and integrating cutting-edge technologies to address multidisciplinary challenges.

In this episode of Hotel Moment, Karen Stephens sits down with Jan Freitag, National Director of Hospitality Analytics at CoStar Group. Drawing from over two decades of experience and CoStar's vast dataset covering 192 countries, Jan shares his expert predictions for the hospitality industry in 2025, discussing everything from RevPAR growth to the evolving luxury travel market. He also offers valuable insights into how wealth effects are driving luxury hotel performance and why experiential travel is reshaping revenue management strategies.

Juan joined us for a glass of Johnnie Walker Double Black and brought along his crystal ball to share insights into the future of South Florida's commercial real estate market. We dove into everything from retail and land to office, multifamily, and—our favorite—industrial real estate.Spoiler alert: South Florida is booming, thanks to its dynamic real estate landscape and growing demographics.Tune in for a lively discussion filled with laughs, fascinating data, and plenty of real estate nerding-out. You won't want to miss it!Connect with usLooking to dive deeper into the Miami commercial real estate scene? Well, you've stumbled upon our favorite topic of conversation. So, whether you're a curious beachcomber or a seasoned investor, drop us a line at info@gridlineproperties.com or dial us up at 305.507.7098. Or if you're feeling social, you can stalk us on LinkedIn and connect with us there. Let's make some waves in the 305 real estate world together! Ben Hoffman's bio & LinkedIn ( linkedin.com/in/ben-hoffman-818a0949/ ) Felipe Azenha's bio & LinkedIn ( linkedin.com/in/felipeazenha/ ) We extend our sincere gratitude to Büro coworking space for generously granting us the opportunity to record all our podcasts at any of their 8 convenient locations across South Florida.

In this episode, Greg and Geoff welcome Lisa Nirell to discuss the evolving landscape of AI and its implications for organizations. Lisa helps mindful leaders cultivate healthy companies and careers. Organizations such as AARP, Alliance Bernstein, CoStar Group, and Hilton hire Lisa to navigate high-stakes transitions. She's a two-time author, growth strategist, executive coach, open water swimmer, and meditation student. Be sure to check out her books: EnergizeGrowth NOW: The Marketing Guide to a Wealthy Company" and The Mindful Marketer: How to Stay Present and Profitable in a Data-Driven World. And tune into her podcast, The Mindful Marketer, wherever you listen. Together, Lisa, Geoff, and Greg explore the importance of leadership, cultural readiness, the need for strategic planning, and the role of community support in navigating the AI revolution. Lisa introduces her AI strategy test drive, emphasizing the significance of people and experimentation in successful AI integration. The conversation culminates in reflections on the future of AI and the importance of cultivating wisdom and joy in a rapidly changing world. Interested in taking the AI Test Drive to measure your own AI readiness? You can find it here. While you're at it, be sure to subscribe to Lisa's email newsletter and receive some free leadership resources at a bonus. Chapters 00:00 Introductions 02:59 The AI Readiness Gauge and Market Trends 05:57 Cultural Shifts and Organizational Challenges 08:57 Lisa Nirell's AI Strategy Test Drive 11:49 People-Centric Approaches to AI Implementation 14:57 Navigating Job Displacement and Opportunities 17:46 Embracing Change and Innovation in Business 23:26 The Power of “Long Life Learning” 24:57 Adapting to Change in a Rapidly Evolving World 26:38 Cultivating Curiosity and Community 30:18 The Importance of Supportive Networks 35:21 Planning for AI Integration 42:39 Hopes for the Future of AI and Humanity Learn more about your ad choices. Visit megaphone.fm/adchoices

Discussion by Google NotebookLM AI of the following Matterport media release --- Matterport Announces Record Third Quarter 2024 Financial Results 1. Record total revenue of $43.8 million, up 8% year-over-year 2. Q3 annualized recurring revenue crosses $100 million milestone, up 11% year-over-year 3. Net loss improved 14% year-over-year; Non-GAAP net loss improved 80% year-over-year 4. Total subscribers grew to 1.1 million, up 25% year-over-year 5. Square feet under management reached 47.3 billion, up 34% from prior year SUNNYVALE, Calif., Tuesday, November 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended September 30, 2024. “I'm pleased to share our third-quarter 2024 results, highlighting our continued success driving efficient growth,” said RJ Pittman, Chairman and CEO of Matterport. “Total square feet managed reached 47.3 billion, up 34% year-over-year, with annual recurring revenue hitting a record $101.5 million, an 11% increase year-over-year,” Pittman added. “Our Fall 2024 Release introduced groundbreaking AI-powered tools designed to elevate digital twin applications and real estate listings. With one-click defurnishing and automated property descriptions from a Matterport digital twin, customers save time, streamline workflows, and enhance their listings. Features like 3D model merge, field tags, and bill-back processing bring unmatched speed, efficiency, and precision to managing spaces at scale for agents, contractors, and enterprise teams alike.” “We believe our innovation pipeline is the strongest it's ever been, and with customers raving about our Fall 2024 Release, we're setting the stage for more bold, product-led growth in 2025,” Pittman concluded. “Our strong third quarter performance propelled the company to a new record for total revenue, $43.8 million, up 8% year-over-year,” said JD Fay, Chief Financial Officer of Matterport. “Further, our continued focus on operating expense discipline helped deliver near break-even results, yielding a non-GAAP loss per share of just $0.01. These results demonstrate that customers continue to adopt Matterport while underscoring our commitment to growth and profitability.” Third Quarter 2024 Financial Highlights 1. Square feet under management reached 47.3 billion, up 34% year-over-year 2. Spaces under management reached 13.6 million, up 22% year-over-year 3. Total subscribers reached 1.1 million, up 25% year-over-year 4. Subscription revenue of $25.4 million, up 11% year-over-year 5. Annualized Recurring Revenue (ARR) was $101.5 million 6. Total revenue was $43.8 million 7. Net loss of $0.12 per share; Non-GAAP net loss of $0.01 per share, which is a 75% improvement year-over-year 8. Cash used in operating activities was $18.6 million for the first nine months of 2024, a 61% improvement year-over-year Recent Business Highlights Announced the Fall 2024 Release, a groundbreaking suite of new tools designed to reshape the way professionals design, build, and market properties. Through the power of generative AI, Matterport users can now easily reimagine the potential of any space, transforming digital twins from static replicas into dynamic canvases for creativity. Announced that Matterport is contributing to the promotion of digital twin use by Tokyu Construction Co., Ltd., an advanced digital utilization company in civil engineering and infrastructure construction. Matterport's digital twin solutions are used in a wide range of phases of construction projects, including current status surveys, completed form management, streamlining and enhancing the scanning of point cloud data, and facilitating consensus building and communication among construction-related parties. In August, Matterport released its third Environmental, Social, and Governance Report which sets ambitious targets for the Company's top ESG priorities, including reducing emissions and fostering gender equality in the workplace. The new Report also showcases the Company's success helping its more than one million subscribers reduce their own carbon emissions by using Matterport's digital twins to reduce travel to the more than 13 million spaces that are on the Matterport digital twin platform. Transaction with CoStar Group, Inc. Given the pending acquisition of Matterport by CoStar Group, Inc. that was announced on April 22, 2024, Matterport will not be holding a conference call or live webcast to discuss quarterly financial results. Also, in light of the pending transaction, the Company had previously suspended its financial guidance for the full fiscal year 2024 and will not be providing financial guidance for the upcoming fiscal quarter. At a special meeting of stockholders held on July 26, 2024, Matterport stockholders approved the transaction with CoStar Group, Inc. The completion of the transaction remains subject to the expiration or termination of the waiting period imposed by the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended, and the satisfaction or waiver of the other closing conditions specified in Matterport's agreement with CoStar Group, Inc. The transaction is expected to close in the fourth quarter of 2024 or the first quarter of 2025. About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. ©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. --- Source: Matterport via Globe Newswire  

Discussion by Google NotebookLM AI of the following Matterport media release --- Matterport Announces Record Third Quarter 2024 Financial Results 1. Record total revenue of $43.8 million, up 8% year-over-year 2. Q3 annualized recurring revenue crosses $100 million milestone, up 11% year-over-year 3. Net loss improved 14% year-over-year; Non-GAAP net loss improved 80% year-over-year 4. Total subscribers grew to 1.1 million, up 25% year-over-year 5. Square feet under management reached 47.3 billion, up 34% from prior year SUNNYVALE, Calif., Tuesday, November 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended September 30, 2024. “I'm pleased to share our third-quarter 2024 results, highlighting our continued success driving efficient growth,” said RJ Pittman, Chairman and CEO of Matterport. “Total square feet managed reached 47.3 billion, up 34% year-over-year, with annual recurring revenue hitting a record $101.5 million, an 11% increase year-over-year,” Pittman added. “Our Fall 2024 Release introduced groundbreaking AI-powered tools designed to elevate digital twin applications and real estate listings. With one-click defurnishing and automated property descriptions from a Matterport digital twin, customers save time, streamline workflows, and enhance their listings. Features like 3D model merge, field tags, and bill-back processing bring unmatched speed, efficiency, and precision to managing spaces at scale for agents, contractors, and enterprise teams alike.” “We believe our innovation pipeline is the strongest it's ever been, and with customers raving about our Fall 2024 Release, we're setting the stage for more bold, product-led growth in 2025,” Pittman concluded. “Our strong third quarter performance propelled the company to a new record for total revenue, $43.8 million, up 8% year-over-year,” said JD Fay, Chief Financial Officer of Matterport. “Further, our continued focus on operating expense discipline helped deliver near break-even results, yielding a non-GAAP loss per share of just $0.01. These results demonstrate that customers continue to adopt Matterport while underscoring our commitment to growth and profitability.” Third Quarter 2024 Financial Highlights 1. Square feet under management reached 47.3 billion, up 34% year-over-year 2. Spaces under management reached 13.6 million, up 22% year-over-year 3. Total subscribers reached 1.1 million, up 25% year-over-year 4. Subscription revenue of $25.4 million, up 11% year-over-year 5. Annualized Recurring Revenue (ARR) was $101.5 million 6. Total revenue was $43.8 million 7. Net loss of $0.12 per share; Non-GAAP net loss of $0.01 per share, which is a 75% improvement year-over-year 8. Cash used in operating activities was $18.6 million for the first nine months of 2024, a 61% improvement year-over-year Recent Business Highlights Announced the Fall 2024 Release, a groundbreaking suite of new tools designed to reshape the way professionals design, build, and market properties. Through the power of generative AI, Matterport users can now easily reimagine the potential of any space, transforming digital twins from static replicas into dynamic canvases for creativity. Announced that Matterport is contributing to the promotion of digital twin use by Tokyu Construction Co., Ltd., an advanced digital utilization company in civil engineering and infrastructure construction. Matterport's digital twin solutions are used in a wide range of phases of construction projects, including current status surveys, completed form management, streamlining and enhancing the scanning of point cloud data, and facilitating consensus building and communication among construction-related parties. In August, Matterport released its third Environmental, Social, and Governance Report which sets ambitious targets for the Company's top ESG priorities, including reducing emissions and fostering gender equality in the workplace. The new Report also showcases the Company's success helping its more than one million subscribers reduce their own carbon emissions by using Matterport's digital twins to reduce travel to the more than 13 million spaces that are on the Matterport digital twin platform. Transaction with CoStar Group, Inc. Given the pending acquisition of Matterport by CoStar Group, Inc. that was announced on April 22, 2024, Matterport will not be holding a conference call or live webcast to discuss quarterly financial results. Also, in light of the pending transaction, the Company had previously suspended its financial guidance for the full fiscal year 2024 and will not be providing financial guidance for the upcoming fiscal quarter. At a special meeting of stockholders held on July 26, 2024, Matterport stockholders approved the transaction with CoStar Group, Inc. The completion of the transaction remains subject to the expiration or termination of the waiting period imposed by the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended, and the satisfaction or waiver of the other closing conditions specified in Matterport's agreement with CoStar Group, Inc. The transaction is expected to close in the fourth quarter of 2024 or the first quarter of 2025. About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. ©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. --- Source: Matterport via Globe Newswire  

On this episode we talk about 3Q24 earnings for CoStar Group ($CSGP) and Evolution ($EVO). The free versions of the earnings updates can be found here: CoStar Group, Evolution  For full access to all of our updates and in-depth research reports, become a Speedwell Member here. For both companies we have longer, in-depth podcast episodes which you can listen to below. These are evergreen and give a lot of more details on each companies' history, business, industry, and competitve dynamics.  Listen to the CoStar Group Company Podcast Episode here: Apple, Spotify Listen to the Evolution Company Podcast Episode here: Apple, Spotify -*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) - Intro  (1:18) - Evolution Update (29:03) - CoStar Group Update  -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more!   Sign up for Speedwell's free newsletter and weekly memos here *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discusessed. Furthermore, accounts contributors advise on may also have positions in companies discussed. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

CoStar Group, Inc. v. Commercial Real Estate Exchange, Inc.

In this company episode on CoStar Group, Speedwell Research draws on their extensive research report to cover everything from Founder Andy Florance's entrance into the real estate data space from his Princeton dorm room to becoming the dominant real estate data and analytics provider. Florance not only beat out competition in the commerical data space, but succesfully entered several new markets including taking a fledging apartments listing platform and driving it to the #1 spot. Today CoStar is looking to do it again with Homes.com, while still aggresviely expanding their growing array of internet real estate businesses. Learn the inner workings of the real estate data and markeplace business, as well as how a company succesfully expanded far beyond their original core product and continues to find new markets to fight after. We hope you enjoy!    Company Description: Real estate data & analytics provider and operator of real estate marketplace. Purchase the full CoStar Group Report here.  More details on our CoStar Group Report  here.  Purchase a Speedwell Membership to gain access to all of our Reports here.   -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes Section 1: History and Background (2:45) — High Level CoStar Overview (6:15) — Founding History Starts (16:52) — IPOing  (26:54) —  2008 Financial Crisis  (35:40) — Lawsuits and LoopNet  (49:44) — Apartments.com acquisition (59:46) — Xcelligent Lawsuit and the Last of the Direct Competitors (1:04:56) — Closing Out History and S&P 500 Addition * Section 2: The Business  (1:07:35) — Business Section Overview  (1:21:30) — Multifamily and Apartments.com Business (1:29:00) — Residential Overview (1:30:43) — Loopnet Overview (1:34:07) — Other Businesses/ Wrapping Up Business Section * Section 3: TAM and Industry (1:43:13) — TAM Overview (1:50:29) —  How the Residential Industry Works (2:01:15) — Multifamily Industry * Section 4: Competition (2:08:53) — CoStar Competitors (2:15:35) — Why Does CoStar Win (2:23:48) — Why LoopNet Wins (2:25:30) — Zillow and Apartments.com Competition (2:34:03) — Homes.com vs Zillow * Section 5: Growth Opportunites, Capital Allocation, and Valuation (2:40:45) — International (2:46:38) — ROIC, Free Cash Flow,  (2:54:06) — Dilution and Capital Allocation (3:00:33) — Valuation (3:05:45) — Risks (3:10:50) — Bull / Bear Summary (3:15:50) — Conclusion -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Purchase the full CoStar Group Report here.  More details on our CoStar Group Report  here.  Purchase a Speedwell Membership to gain access to all Reports here.   *~* Twitter: @Speedwell_LLC  Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. At the time of publishing, one or more contributors to the podcast had a position in Costar Group. Furthermore, accounts one or more contributors advise on may also have a position in CoStar Group. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/ 

Juan Arias, Director of Market Analytics for CoStar Group, is back with the Gridline Properties team to break down what's really going on in the 305's commercial real estate market. Think of it as a data deep dive—minus the boring parts.With a couple of cocktails in hand on a Friday afternoon, we dive into the Fed's recent announcement on those inevitable rate cuts. Will they light a fire under deal flow, or just fizzle out with little immediate impact? We also sift through the migration shuffle—both domestic and international—to see who's flocking to South Florida and what it means for commercial real estate. From offices and multifamily to retail, industrial, and even hospitality, we're covering it all. So, grab a drink, sit back, and let's see where the market's headed next!Connect with usLooking to dive deeper into the Miami commercial real estate scene? Well, you've stumbled upon our favorite topic of conversation. So, whether you're a curious beachcomber or a seasoned investor, drop us a line at info@gridlineproperties.com or dial us up at 305.507.7098. Or if you're feeling social, you can stalk us on LinkedIn and connect with us there. Let's make some waves in the 305 real estate world together! Ben Hoffman's bio & LinkedIn ( linkedin.com/in/ben-hoffman-818a0949/ ) Felipe Azenha's bio & LinkedIn ( linkedin.com/in/felipeazenha/ ) We extend our sincere gratitude to Büro coworking space for generously granting us the opportunity to record all our podcasts at any of their 8 convenient locations across South Florida.

In this episode of Confessions of a Street Broker, Jeremy Mercer sits down with Canon Shoults, Managing Principal of the Dallas Industrial Division at Holt Lunsford Commercial. Since joining HLC in 2005, Canon has built an impressive career, earning recognition from the Costar Group as a DFW Industrial Power Broker and accolades such as “Top Young Gun Under 35” by The Black's Guide, and Heavy Hitter by the Dallas Business Journal. Canon shares insights from his extensive experience in industrial project leasing and business development across the GSW and South Dallas submarkets. Join Jeremy and Canon as they explore the dynamics of the Dallas industrial real estate market and the importance of professional development. This episode is a must-listen for anyone interested in the intricacies of commercial real estate and the keys to success in this competitive field.

It's the story that continues to generate the most headlines in our industry but behind all the noise, is CoStar starting to win against Zillow, Realtor.com and Rightmove? Ed and Simon discuss some of the figures from CoStar's latest quarterly report in their broader context and ask whether there may be an ulterior motive behind the group's move into residential real estate...

In this episode of Tech Nest, I explore commercial real estate auctions with Stephen Jacobs, President of Ten-X. Stephen shares his journey leading Ten-X (which is a really cool story, BTW) and debunks myths about auctions, explaining their strategic advantages beyond just distressed properties.Learn how Ten-X leverages data and technology to streamline the auction process, ensuring faster and more certain sales. Stephen also discusses the evolving role of brokers and current market trends, providing valuable insights into the future of commercial real estate transactions. Hint: brokers are still very much relevant in today's transactions. Listen in today!More about Steven and Ten-XTen-X is the world's largest, online commercial real estate auction platform. Our platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. CoStar Group's online property auction platform, Ten-X, is the leading example of the rapid growth of online property auction marketplaces. Each year more and more buyers, sellers, and brokers are using this proptech tool to exchange properties. Events like its Battle of the Bids, which feature thousands of players duking it out for $3.1 million in prizes over 6 rounds to correctly guess how much various properties will sell for on the Ten-X platform, are a way to highlight the innovative ways that CRE marketplaces are drawing attention to their ecosystems. Battle of the Bids is also an example of the notoriously staid industry having a little fun and using gamification tools to drive awareness of new trends.Follow Ten-X on TwitterFollow Ten-X on LinkedInCheck out Ten-X

This Week in Real Estate, we will talk about CoStar Group's Q2 revenue surged with $55M from Homes.com bookings—what's driving this growth? We'll untangle the proposed NAR settlement and its ripple effects on appraisals and agent data transparency. Colorado officials just said no to mandatory buyer agreements; we'll explore what this means for consumers & the settlement. With mortgage rates dipping, typical monthly housing payments are down, but why are house hunters still waiting? Home prices are climbing at their slowest pace since early 2023, yet the median sales price for existing homes just hit a record high. What's causing this paradox? Summer's seeing a record number of buyers backing out of deals, and nearly two-thirds of listings are stagnating on the market. We'll discuss the latest trends and strategies. Plus, mortgage demand is plummeting as buyers hold out for better rates, and Biden's rent cap plan is stirring up controversy among housing groups. Catch all this and more, today!

Ian is the co-founder and CEO of Koffie Financial, a finsurtech platform purpose-built for the trucking and transportation industry. With insurance at its core, Koffie's instant and transparent financial services empower truckers with the modern tools and technology necessary to drive efficiency and safety. He is an entrepreneurial leader at the intersection of data, enterprise markets and geospatial analysis. Previously Ian served as founder/CEO of Urban Mapping, a web-based mapping platform he sold to Pitney Bowes in 2015. Customers included Tableau Software, Google, Microsoft, Apple, Facebook, Kayak, IAC, CoStar Group. He has also served in a senior role at a startup that acted as outsourced research for the financial services industry, focusing on alternative data to generate alpha for hedge funds. Highlights from the Show Ian has been a serial entrepreneur, including working in the mapping space and how powerful the meta data about locations, and how critical it is to have accuracy in the data He went on to work on catastrophe exposures, with a specific focus on how geology impacts earthquake losses, which gave him more exposure to managing risk and the impact of loss He was drawn to insurance after a stint offering data to hedge funds because it wasn't as 'I win, you lose' as hedge funds where insurers doing worse means they're helping others Koffie was founded initially to look at the difference in trucking equipment, and how that impacts losses They found that midsize and large risks were self-insuring and forming captives because insurers weren't meeting their needs, but small trucking firms (under 100 tractors) can't afford to do that, so Koffie focused on the smaller-end of the market After a year and half, they got capacity in place, required telematics for insureds (first dedicated equipment, and later with an iPhone app) While this was all positive, the business ultimately didn't survive, and was sold to Acrisure in early 2024 Ian learned first hand something he calls the "InsurTech Paradox" Ian thinks, while we'll see a return of funding, it won't return to the situation where there are huge checks being written He also wonders about whether insurance should be incenting better behavior, even if it means the business that's insured doesn't work that day This episode is brought to you by The Future of Insurance book series (future-of-insurance.com) from Bryan Falchuk. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.

In this episode, we are discussing merger arbitrage opportunities, specifically on a stock that Sam & Derek personally own. We've been talking about Matterport since the metaverse series in 2021, and finally the stock had some life pumped back into it after a takeover offer from CoStar Group in April. Is this a good opportunity to jump in on the deal? We discuss with guest Collin Brantmeyer from the Motely Fool. Then Sam and Derek put in place plans on how they'll try and take advantage of this potential win from a stock that's been a major dog in the portfolio. Discussed:  Collin Brantmeyer's Article on Matterport Arbitrage in the Motley Fool Matterport Press Release on CoStar Buyout Offer Death of a Car Salesman Novel by Collin Brantmeyer Where we are: Johnny FD – Kyiv, Ukraine / IG @johnnyfdj Sam Marks - Barcelona, Spain / IG @sammarks12 Derek – Los Angeles, USA / IG @DerekRadio Sponsor: ShopifyShopify helps you sell EVERYWHERE. From their all-in-one ecommerce platform, to their in-person POS system–wherever and whatever you're selling, Shopify's got you covered. Sign up for a $1 per month trial period now at Shopify.com/ilab ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 00:20 - Sam & Derek Intro 07:50 - Interview with Collin Begins 15:14 - Structure of the Matterport Deal 20:30 - Merger Tax Implications for the Investor 38:50 - How Sam & Derek will move on Matterport If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2024. All rights reserved. Read our disclaimer here.

Buy or sell a small business through the BizBuySell Marketplace, with Bob House. Show Notes Page: https://www.thehowofbusiness.com/520-bob-house-biz-buy-sell/ Bob shares his unique perspectives on how you can buy or sell a small business through an online marketplace like BizBuySell.com. Robert A. House is the President of Business for Sale. He joined the company in 2012 and leads CoStar Group's business for sale marketplace websites including BizBuySell.com, BizQuest.com and FindaFranchise.com. These websites represent the largest database of business for sale listings in the country. BizBuySell.com offers the internet's largest business-for-sale marketplace, with approximately 65,000 business for sale listings annually available in the U.S., Canada, and Worldwide. Buyer resources include free valuation, buyer workbooks and business search capabilities. Seller resources include free valuation, business listing tools, and 3 listing categories. This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com

Charlie and Rony give the show a go without Ted, who's traveling. Very busy news week with lots of M&A activity. We talked about CoStar Group's $1.6B acquisition of 3D scanner Matterport, Lamini AI's $25M raise for secure Enterprise AI, Neurable also raised money, Gen AI company Freepik acquired hit AI upscaler Magninfic, which is also a Spanish company. There was also news about Roblox (not good), Sandbox LBVR (very good), and behind-the-scenes with Sora director Paul Trillo, on how he created a commercial music video using OpenAI's new tool. Our guest Marta Marciszewicz walks us through how AI animation company Anything World brings characters to life instantly for the games industry. Want your player character attacked by an army of spiders? They've got you covered. Links to socials:- the webpage: anything.world- the linktree with all the links: https://linktr.ee/AnythingWorld- X: https://twitter.com/_AnythingWorld- Discord: https://discord.gg/N64U9RfwsJ (here we have a bot that anyone can use to try out Animate Anything and see how it works in practice for free)- LinkedIn: https://www.linkedin.com/company/anything-world/- instagram: https://www.instagram.com/_anythingworld/- twitch: https://www.twitch.tv/anythingworld (where we have lives every week)- TikTok: https://tiktok.com/@_anythingworld- YouTube: https://www.youtube.com/channel/UCe4m3YtFC_Q5OhC-I5dvAzQ- Facebook: https://www.facebook.com/Anything.World.Worldwide/Thank you to our sponsor, Zappar!Don't forget to like, share, and follow for more! Follow us on all socials @ThisWeekInXR!https://linktr.ee/thisweekinxr Hosted on Acast. See acast.com/privacy for more information.

Simon and Harvey get together for a quick rundown of this week's biggest story—CoStar Group's acquisition of tech and data giant Matterport. But at $800 Million in cash and a further $800 Million in CoStar stock, has Andy Florance paid over the odds for a company that is spending $2 for every $1 it makes? 00:00 - Intros 00:50 - Macro level rundown 05:00 - Matterport losses are a challenge 08:50 - Can CoStar afford to be patient? 11:10 - Has Andy Florance undermined his own strategy? 12:00 - Does CoStar want to dominate Commercial in Europe? 16:00 - Similarweb performance of Homes.com and OnTheMarket 20:50 - Have prices gone up for future CoStar acquisitions? 23:00 - Will CoStar go big again, or revert to smaller investments? 25:30 - Final takeaways, European Conference update, and Goodbyes

Dive into the latest pulse of the real estate market on "This Week in Real Estate"! We're exploring a range of pressing topics including the Sitzer judge's preliminary approval of the NAR settlement and the 60-day countdown for brokerages to opt into a massive $418M deal. Discover why there are questions about NAR's transparency with its membership data and how CoStar Group's acquisition of Matterport for $1.6 billion marks a significant expansion. We'll also look at Homie's strategic pivot in the market, the challenges as mortgage rates exceed 7%, and the implications for luxury home costs reaching all-time highs. With the Redfin Home Price Index showing stable growth and nearly 40% of homeowners unable to afford their homes in today's market, the episode is packed with insights. Plus, we delve into the rising interest in Islamic mortgages in the Canadian market. Tune in for expert analyses and the latest trends impacting buyers, sellers, and industry professionals alike!

In This Episode, The Friends Cover: • Google and Apple's potential AI partnership • How Meme coins have become a cultural phenomenon in the crypto market • A technical  analysis of Bitcoin • The transparency of crypto markets • The compression of time and the availability of new tools and platforms • The impact of inflation on the bond market • The lack of upside in the equities market  • Trade ideas for Reliance Industries and Solana • TikTok and its impact  — This episode is brought to you by Frec — Helping You Invest In The S&P 500 & Save On Taxes: https://frec.com/ — Skip Ahead: 00:00 Introduction and Swag Talk 02:50 Mike Tyson's Comeback Fight 04:26 Google Gemini May Partner With Apple   08:36 Howard Lost A Tooth 09:34 The Acceleration of AI 13:05 The Longevity of Nvidia 18:10 The Multi-Trillion Dollar Crypto Market and the Movement of Money 21:14 Solana and The Meme Coin Phenomenon 25:18 Crypto Markets 27:28 Dogwifhat and The Benefit of Public Blockchains  30:30 The Compression of Time  33:10 Changing The Rules 35:17 Risk and Risk Management 37:28 Inflation and the Bond Market 39:20 Interest Rates and Commodity Prices 41:12  Exposure to CRB 42:15 Best Performing Sectors 43:37 No Evidence That Interest Rates Are Going Down 45:17 Lack of Upside in Equities Market 46:20 Trade Idea: Reliance Industries 47:34 Trade Idea: Selling Solana 51:25 CoStar Group and The Real Estate Market 55:00 Price And Popularity 1:00:18 Post-AI Data 1:01:20 TikTok and its Impact 1:05:11 The Three Asset Classes (Maybe Four)  1:07:20 It's Spring Get The Fuck Outside — Referenced:  • Mike Tyson Fight - https://www.fastcompany.com/91058313/netflix-mike-tyson-vs-jake-paul-fight-love-is-blind-sports • Tyler Denk - https://twitter.com/denk • Ram Ahluwalia - https://twitter.com/ramahluwalia • Solana - https://coinmarketcap.com/currencies/solana/ • SafeDeal (SFD) - https://coinmarketcap.com/currencies/safe-deal/ • DogWifHat Coin - https://coinmarketcap.com/currencies/dogwifhat/ • Nicky Montana - https://twitter.com/nickymontanaa • Comedy Cellar - https://www.comedycellar.com/ • Costar - https://www.costar.com/ • Eddy Elfenbein - https://twitter.com/EddyElfenbein • Steve Mnuchin's at it again - https://fortune.com/2024/03/16/why-does-steve-mnuchin-want-to-buy-tiktok-banking/ — Where To Find Howard and Friends: • Howard - https://stocktwits.com/howardlindzon • JC - https://stocktwits.com/allstarcharts • Phil - https://stocktwits.com/ppearlman • Production and Marketing - https://penname.co/ — All opinions expressed on this show are solely the opinions of the hosts' and guests' and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions. --- Send in a voice message: https://podcasters.spotify.com/pod/show/trends-with-friends/message

In this captivating episode, Juan delivers a comprehensive masterclass on the intricate dynamics of global supply chains, import tariffs, logistics, and their profound influence on industrial asset demand. Over a glass of Johnnie Walker Double Black, Juan adeptly unravels early indicators of industrial trends, revealing the nuanced interplay between capacity utilization, freight demand, and overall economic health. From container flows to the booming realm of e-commerce, Juan navigates us through the currents of onshoring and reshoring trends, particularly spotlighting Mexico's strategic advantage fueled by NAFTA, low labor costs and its burgeoning labor force.Intriguingly, Juan sheds light on the paradox of reshoring, where Chinese investments dominate Mexico's manufacturing and warehousing landscape, blurring the lines of origin for goods destined for the US market. This revelation underscores the intricate dance between globalization and regional economic dynamics, notably bolstering industrial assets and logistics in Southern California.Juan offers invaluable insights gleaned from CoStar Group, dissecting the demand landscape across various real estate sectors in South Florida including industrial, retail, office, multifamily and land. With a seasoned perspective, he emphasizes South Florida's meteoric rise as one of the strongest commercial real estate markets in the United States. Looking to buy, sell or just interested in connecting with us about the Miami commercial real estate market? Hit us up at info@gridlineproperties.com or at 305.507.7098Ben's bio & LinkedInFelipe's bio & LinkedIn

On What's Your Work Fit we pose this question: What Happens to Office Leases in 2024? Answering that question and others is our guest, Phil Mobley. Phil is the National Director for Office Analytics at CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces. Joining in the questioning on the … Continue reading What Happens to Office Leases in 2024? →

“Smart Recruiting Strategies in an AI Powered World” with CoStar Group's Kirstine Wilson The Wall Street Journal recently reported that 85% of 1,000 U.S. professionals surveyed are thinking about changing jobs this year. This represents an 18-point surge from 2023. Why do this report (and episode) matter? Because promotions and job searches have become even more competitive. With AI vying for certain jobs, we need to be more articulate, strategic, and connected than ever. A high-quality network gets you interviews, not an assembly line of AI-generated cover letters. Episode 81 show highlights include:   New ways that CoStar is hiring creative talent (and you can, too). Messaging and outreach methods that help you get attention. Why AI cover letters fail to captivate recruiters. How to request strategic introductions—and skip the resume blasting.   The pros and cons of the “executive profile on a page.”   We went live in Washington, DC with CoStar Group, Inc.'s VP of Talent Acquisition, Kirstine Wilson. In her role as lead recruiter, Kirstine has spearheaded more than 3,000 hires for this public global company with a current market cap of $33.3B. During this episode, we hope you discover a new idea to land that important interview! Join our 2024 “know ahead” show and retreat list now—register at themindfulmarketer.com.   Thank you for being a loyal listener. Join us for the next show on March 1 with return guest, seven-time leadership author Sally Helgesen. March is book giveaway month!   A hearty THANK YOU to our superstar production team: Alex Connolly,  

Jessica Hall, VP of Design at CoStar Group, joins us to discuss her journey from graphic design to leading digital transformation for the commercial real estate data leader. Jess shares key lessons on testing ideas through experiments, achieving alignment in design, understanding organizational behavior, and applying a user-centric approach - valuable insights for any product team. --- Send in a voice message: https://podcasters.spotify.com/pod/show/samelogic/message

Phil Mobley, Senior Economist with the CoStar Group, joins Michael Bull, CCIM to discuss the office market, including performance, future demand, suburban vs CBD, and conversions.  Lument - Lending is more than a loan: https://www.lument.com/ Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/ Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/ Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestateshow Follow us at: @BullRealty https://twitter.com/bullrealty @CRE_show https://twitter.com/CRE_show

We found some surprising nuggets sitting down with Connor Deveraux of CoStar Group in recapping the 2023 year and development sector trends.

In this enlightening episode, host Mark Jones, delves deep into the recent NAR Ruling on Buyer Agency Verdict in Missouri Kansas, which has sent ripples throughout the real estate industry. Joining the discussion are three industry veterans who bring their unique perspectives to the table.Guests:Nacole Ricks, a seasoned Residential Listing Specialist and Investment Property Expert, who advocates for homeownership and industry stability at NAR. Nacole highlights the indispensable role of the real estate sector in the state's economy, the essence of Fair Housing, and common misconceptions about real estate agents. John Grof, an accomplished real estate agent with a passion for music and the outdoors. John passionately speaks about the lawsuit's impact on the profession's integrity and questions the metrics used to judge agent commissions. He further draws parallels between realtor and attorney fees and hints at a possible larger agenda in play. Tori Summers, a dedicated buyers agent with an impressive track record. Tori brings her insights on serving clients, the importance of referrals, and her firsthand experiences on the field. Based in Boerne, TX, Tori's journey is testament to the dedication and hard work agents put in daily.The NAR (National Association of Realtors) verdict regarding buyer agency that resulted in a lawsuit of $1.78 billion is a significant development in the real estate industry. Here's a synthesis of the information gathered:The Verdict: A federal jury found the National Association of Realtors (NAR) and some residential brokerages, including units of Warren Buffett's Berkshire Hathaway, liable for conspiring to artificially inflate commissions for home sales. As a result, they were ordered to pay $1.78 billion in damages​1​.Impact on Practices: The verdict could change long-standing practices that have allowed real estate agents to increase commissions in tandem with rising home prices and mortgage rates, making housing transactions more costly for consumers​1​.Plaintiffs: The class action lawsuit included sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022. These sellers objected to the commissions they had to pay to buyers' brokers​1​.Details of the Conspiracy: The accused parties were found guilty of colluding to maintain or inflate high commission rates via NAR's Clear Cooperation Rule​2​.Potential Implications: The awarded damages could be tripled under U.S. antitrust law, which would amount to more than $5.3 billion​1​. This ruling might also pave the way for similar lawsuits in other states​2​.Defendants' Response: NAR and other defendants, such as HomeServices of America, expressed their disappointment with the verdict and indicated plans to appeal​1​.Other Settlements: Some real estate companies chose to settle before the trial. For instance, Re/Max settled for $55 million and Anywhere Real Estate (which includes brands like Century 21 and Coldwell Banker) settled for $83.5 million​1​.Industry Repercussions: This verdict could lead to significant changes in the residential real estate industry. For instance, CoStar Group's CEO, Andy Florance, mentioned that the trial's outcome might create rapidly changing conditions favoring Homes.com, a CoStar subsidiary. The business model of Homes.com isn't negatively impacted by the potential end of the buyer-broker commission rule, presenting a new opportunity​3​.Key Factors Podcast is Powered by ReviewMyMortgage.com Host: Mark Jones | Sr. Loan Officer | NMLS# 513437 If you would like to work with Mark on your next home purchase or as a partner visit iThink Mortgage.

CoStar Group, Inc., Q3 2023 Earnings Call, Oct 24, 2023

Come along as we delve deeper into our discussion with Bill Browning, a pioneer in the world of Biophilic Design.  Discover his valuable insights into effortlessly infusing the beauty of nature into your hotel environment.  Bill shares compelling project examples from his own experiences, highlighting the remarkable tangible transformations brought about by these principles.  Now, it's your opportunity to embrace his ideas and seamlessly integrate them, fostering inspiration among both your guests and staff.William Browning, BED Colorado University, MSRED MIT, Hon. AIA, LEED AP, is the Managing Partner in Terrapin Bright Green, an environmental strategies research and consulting firm. Browning's clients include Disney, New Songdo City, Lucasfilm, Google, Marriott, Bank of America, Salesforce, Interface, JP Morgan Chase, CoStar Group, the Inn of the Anasazi, the White House, and the Sydney 2000 Olympic Village. Browning was a founding member of the USGBC Board of Directors. He began research in human productivity/wellbeing and green buildings in the 1990s at Rocky Mountain Institute and is co-author of Greening the Building and the Bottom Line (1994), The Economics of Biophilia (2012), 14 Patterns of Biophilic Design (2014), Human Spaces 2.0 Biophilic Design in Hospitality (2017) and Nature Inside, A Biophilic Design Guide (2020). His work has been featured in the Wall Street Journal, the New York Times, the Washington Post, Elle, Popular Science, and in segments by NPR, Reuters, CNN, and PBS.

In Part 1 of this 2-part series, Bill Browning will answer questions like “How does nature do that”? Bill will take us on a fascinating journey into the difference between biophilic design and biomimicry, which is what scientists call “innovation inspired by nature”. As a founding member of the United States Green Building Council, Bill is a pioneer in the green building movement. His work has spanned decades, introducing a new appreciation for the way buildings affect our mood and productivity.  He has written multiple books, such as Greening the Building and the Bottom Line (1994), The Economics of Biophilia (2012), 14 Patterns of Biophilic Design, Human Spaces 2.0: Biophilic Design in Hospitality (2017), Nature Inside, and A Biophilic Design Guide (2020). His work has been featured in the Wall Street Journal, the New York Times, the Washington Post, Elle, Popular Science, and in segments by NPR, Reuters, CNN, and PBS. He is currently the managing partner at Terrapin Bright Green, an environmental strategy research and consulting firm. Browning's clients include Disney, New Songdo City, Lucasfilm, Google, Marriott, Bank of America, Salesforce, Interface, JP Morgan Chase, CoStar Group, the Inn of the Anasazi, the White House, and the Sydney 2000 Olympic Village.

Mr. Jan D. Freitag is the National Director, Hospitality Analytics, for the CoStar Group. He moved there from STR which was acquired in October 2019 by CoStar Group. This week, our Hotel Crew has Jan Freitag joining the podcast again to discuss a line of data, occupancy, and hotel/travel impact in the current environment Tune in as Sarah Dandashy and Steve Turk highlight these stories, share their opinions and dive in deeper to the topics you all want to hear more about! This show is structured to cover industry news within all of travel/hospitality and is recorded live every Wednesday morning 7am PST/10am EST so make sure you tune in during our live show on our social media channels or YouTube and join the conversation, LIVE! Follow Steve Turk on LinkedIn Follow Sarah Dandashy on LinkedIn Check out Good Morning Hospitality livestreams Hospitality Hotline is open to everyone by using this link!

Mr. Jan D. Freitag is the National Director, Hospitality Analytics, for the CoStar Group. He moved there from STR which was acquired in October 2019 by CoStar Group. This week, our Hotel Crew, Sarah Dandashy & Steve Turk, have Jan Freitag joining the podcast again to discuss a line of data, occupancy, and hotel/travel impact in the current environment.  The GMC Report is LIVE! Make sure you sign up for our Good Morning Capital Newsletter & Members Dashboard, right here! Hospitality Hotline Hospitality Hotline is open to everyone by using this link!

In this Real Estate News Brief for the week ending April 8th, 2023... reports show a slowly weakening job market, what could be a great year for single-family rentals, and a list of the top metros for home value growth and stability.    Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Economic News   We begin with economic news from this past week. Although the job market remains strong, the latest reports show it is softening. For the week of March 25th, jobless claims hit 228,000. It's the ninth week in a row that they've topped 200,000. They had bottomed out last fall when they dropped to a 53-year low of 182,000. They continued around the 200,000 level for several months and have been slowly rising since February. Government revisions also show that claims during the first part of the year were higher than previously reported. MarketWatch economists say that's probably due to corporate layoffs that are just now showing up in the jobless data. (1)   Job openings are also declining. They fell to a 21-month low in February, which is another sign that the job market is softening. Listings dropped from 10.6 million in January to 9.9 million in February. Openings are now down to about 1.7 openings for each unemployed worker. They were at 1.9 openings or each unemployed worker previously. Bill Adams of Comerica told MarketWatch: “The labor market is still very hot but the big drop in job openings is a sign the labor market is cooling in general.” (2)   A third report on job growth shows that U.S. companies added 236,000 new jobs in March. That's a sign of strength and resiliency, and probably not what the Fed would like to hear. Those new jobs helped lower the unemployment rate from 3.6% to 3.5%. Wage growth was slower however. It's come down from 4.6% in February to 4.2% in March. (3)   A report on construction spending shows it was down slightly in February. The Commerce Department says it fell .1% to $1.844 trillion. Single-family construction spending was down 1.8% while multi-family spending was up 1.4%. Year-over-year, multifamily is up 22.2%. Single-family is up 21.4%. (4)   Mortgage Rates   Mortgage rates dipped slightly this last week. Freddie Mac says the average 30-year fixed-rate mortgage was down 4 basis points to 6.28%. The 15-year was down 8 points to 5.64%. (5)   In other news making headlines…   Single-Family Rental Market Remains Strong   Some parts of the housing market may be in for a rough ride this year, but the single-family rental market isn't one of them. A new report from Attom projected single-family rental yields for 212 counties with a population of at least 100,000. Rental yields are calculated by dividing the annualized gross rent by the purchase price. According to Attom, rentals in those 212 counties will see a 7.5% yield this year. That's up from 6.7% last year. (6)   Attom says that SFR rents are growing in over 90 of the counties analyzed, so those counties will be the most desirable. Three of the top five counties for the biggest upside in rent yields are in Florida including counties for Miami, Fort Lauderdale, and West Palm Beach. California's Orange and Santa Clara counties are the other two. There's a lot of data in this report so it's worth digging deeper if you're deciding where to buy a rental property this year. You'll find a link to the report in the show notes.   Texas Shows Strength for Overall Housing Market   Another report on the U.S. housing market lists the top 20 cities for growth and stability, and 12 of them are in Texas. The Smart Asset study compared home value data for 400 metros between 1998 and 2022. It then calculated the growth rate from that data. (7)   The Austin, Texas, area was In the number one spot for growth and stability followed by Midland, Texas, in the Western part of the state. Boulder and Fort Collins, Colorado, took the third and fourth spots. The Kennewick-Richland part of Washington State was fifth. Rapid City South Dakota took the sixth position. Then it's back to Texas with the Odessa area in West Texas as seventh and the Dallas area as eighth. San Antonio was in the ninth spot, and Houston right after that. Texas also dominated the next ten top cities as well with six more metros showing the strongest growth and stability.   The report also shows the worst cities for growth and stability with Flint Michigan topping that list. I won't list those cities, but you'll find a link to the report in the show notes.   Will Commercial Real Estate Go Belly Up?   While there has been a lot of concern that commercial real estate is going to implode because of maturing debt and the inability to refinance at high interest rate, CNBC published a story with the title: “The coming commercial real estate crash that may never happen.” This story argues that only a quarter of office-building loans will need to be refinanced in the next year.  A quarter of office-buildings? That sounds like a LOT to me.  CNBC also reports that industrial, retail, and hotels are on solid ground. (8) Kevin Fagan of Moody's Analytics says: “There likely will be issues but it's more of a typical down cycle.” Whether it's a typical down cycle or a rare one, losing money is never good for investors and is usually a result of aggressive underwriting in a bull market. According to The RealDeal, distress has started to rear its ugly head in the Houston market. Arbor Realty Trust just foreclosed last week on four low-income multifamily properties in Houston, valued at $229 million. The portfolio includes Heights at Post Oak, Redford Apartments, Reserve at Westwood and Timber Ridge Apartments, all of which were purchased between August 2021 and April 2022. (10) The RealDeal says Arbor's foreclosure is "indicative of the current state of the market, where higher interest rates, regional banking turmoil, and slowing rent growth continue to negatively impact multifamily operators. Investors decreased their purchase of apartment buildings by about $40 billion in the first quarter of 2023, representing a 74% decline in sales from the first quarter of last year, according to CoStar Group.   That's it for today. Check the show notes for links at newsforinvestors.com. As always, I ask that you sign up as a RealWealth member. It's free and will give you complete access to our market data and resources. And please remember to hit the subscribe button, and leave a review!   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.marketwatch.com/story/jobless-claims-top-200-000-after-changes-to-formula-for-seasonal-adjustments-877bfe37?mod=home-page   2 - https://www.marketwatch.com/story/job-openings-in-the-u-s-fall-to-21-month-low-of-9-9-million-cd1fc5ee?mod=home-page   3 - https://www.marketwatch.com/story/jobs-report-shows-236-000-increase-in-employment-in-march-9656b5fc   4 - https://www.marketwatch.com/story/construction-spending-falls-in-february-90188a02?mod=economic-report   5 - https://www.freddiemac.com/pmms   6 - https://www.attomdata.com/news/market-trends/attom-2023-single-family-rental-market-report/   7 - https://smartasset.com/data-studies/best-housing-markets-for-growth-and-stability-2023   8 - https://www.cnbc.com/2023/04/09/the-coming-commercial-real-estate-crash-that-may-never-happen.html 10 - https://therealdeal.com/texas/houston/2023/04/10/arbor-realty-forecloses-on-229-million-multifamily-portfolio-in-houston/?fbclid=IwAR3yZwTh9jylfQsZQp4HjpOLNPqSE_BiXjlQSGWkE6T42lyeTN3WawP1ZMc

Real estate can be a lucrative and rewarding investment but it comes with many challenges. To avoid pitfalls requires careful management and a willingness to tackle the many challenges of owning and operating real estate, but what does it take to be successful? Keeping up with the latest market trends in real estate can help investors, buyers, sellers, and property owners make informed decisions, manage risk, and achieve better outcomes in negotiations. In this episode, we sit down with Jay Lybik, the National Director of Multifamily Research at CoStar Group, as he shares insights from his long and illustrious real estate career. CoStar Group is the leading provider of commercial real estate information, analytics, and online marketplaces, where his work focuses on market research and portfolio management through innovative data techniques. Jay is a highly respected thought leader, who has presented at numerous industry events and featured in several prominent publications. In our conversation, we find out the current state of the market, hear insider tips to help you safely navigate the marketplace, and learn how to effectively leverage investments. We also discuss the difference between primary, secondary, and tertiary markets, the challenges that investors are currently facing, ideal market locations, predictions he has regarding market trends, and much more. If you want to stay ahead and be able to make informed investment decisions, don't miss out on this conversation with industry expert Jay Lybik!Key Points From This Episode:Jay's overall thoughts on the current market and what investors should focus on.What trends he expects to see in the marketplace in the next couple of years.We discuss cape rate reversion and how it impacts investors.He shares an example of how to approach investing given the variability of cap rates.Find out how he characterizes the overall real estate marketplace.Why the lines have become blurred between primary and secondary markets.He explains how multifamily real estate has bolstered the marketplace.Hear his predictions for rent growth and what he regards as the best products.Discover what product will protect your investment from rising costs.How he thinks the marketplace can gain more stability in the long run.Links Mentioned in Today's Episode:Jay Lybik on LinkedInJay Lybik EmailCoStar GroupInstitutional Property AdvisorsVertical Street Ventures National ConferenceJenny Gou on LinkedInVertical Street Ventures VSV Academy Passive Income Through Multifamily Real Estate Facebook GroupPeter Pomeroy on LinkedInPeter Pomeroy Email

Peter Ferramosca is a Senior Consultant at CoStar Advisory Services, the consulting arm of CoStar Group, the world's leading provider of commercial real estate data and analytics. He works with leading institutional real estate market participants to provide bespoke investment advice, custom analytics work, and deal support, in addition to publishing independent research on the U.S. commercial real estate market. Peter began his career in real estate as a researcher at CoStar, where he conducted market research on the Phoenix and Dallas markets and gained foundational experience in analyzing real estate and economic trends. He graduated from the University of Virginia with a bachelor's degree in Economics, and he is currently pursuing a master's degree in Real Estate Finance from Georgetown University. Peter grew up in Richmond, Virginia, and he currently resides in Boston, Massachusetts In this episode, Peter talks about new ground up development for multifamily and trends investors should pay attention to. He shares his predictions regarding new construction plans for smaller units due to the high cost of construction right now. Peter talks about the supply/demand forces at play in the current economy. He sheds light on the trends surrounding new development multifamily vs value add multifamily and well as notable trends in the single family market.  Connect with Peter: Email: pferramosca@costar.com Partner with us: www.takeoffcapital.co Follow the show on Instagram: @therealestatetakeoff