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US office vacancy sits at 13.8% while rents rise and inventory actually shrinks. CoStar's Phil Mobley breaks down the two-tier office market at mid-2026. Phil Mobley, National Director of Office Analytics at CoStar Group, joins Michael Bull, CCIM to explain why the office headlines and the office market have stopped matching. National vacancy peaked at 14.1% a year ago and now sits near 13.8%, with four consecutive quarters of positive absorption totaling roughly 20 million square feet. For perspective, that full year of demand would have been one decent quarter in 2018. The supply side is where this cycle breaks from history. New construction starts are running about 5 million square feet per quarter, a generational low, and for the past two quarters CoStar's data shows outright supply contraction: more office space is being demolished or converted than delivered, which has never happened before. Mobley also corrects the most common misconception about the office recovery. It is not simply Class A winning and Class B losing. Trophy assets, the top 5% of inventory, are performing strongly, and solid B and B-minus buildings serving price-sensitive tenants held up better than most people assume. The real occupancy damage landed on A-minus and B-plus product caught in the middle: not distinctive enough to compete with trophy space, too expensive to compete on price. Also covered: why AI has been an unambiguous demand tailwind so far and the venture-capital risk hiding inside it, why return-to-office gains raise foot traffic without raising space needs, how New York and Dallas preview where the rest of the country is heading, why lease sizes have run 15% below pre-pandemic levels for nearly three years, and the capital markets shift as institutions climb back from 10% to 15% of office deal volume to around 20%, buying buildings to keep them as office. Plus the point every landlord should sit with: the total vacancy number is not the relevant number. Competitive vacancy is, and a landlord without capital to fund tenant improvements does not really have leasable space. In this episode: 00:00 Is Office the Buy of the Decade? 01:19 The US Office Market: Smaller, but Recovering 02:22 Vacancy at 13.8% and Four Quarters of Positive Absorption 04:30 New Supply: Generationally Low and Now Contracting 06:02 Trophy vs. A-Minus: Where Occupancy Actually Collapsed 10:34 AI and Office Demand: A Tailwind With an Asterisk 14:13 Return to Office: Foot Traffic vs. Space Demand 16:40 Why New York Led, and How the Country Became Dallas 21:12 How Much Vacant Space Is Actually Leasable? 23:02 Tenant Improvement Capital and the Rise of Spec Suites 25:29 Lease Sizes Down 15% From Pre-Pandemic 27:01 Office Investment Sales: Institutions Are Buying Again 30:33 User Buyers, Two World Trade, and Occupier-Driven Construction 32:48 Forecast: Vacancy, Rents, and the Next 6 to 12 Months 34:36 Capital Is King: Corporations Building Their Own Space Connect with Phil Mobley: https://www.linkedin.com/in/phil-mobley/ CoStar Group Website: https://www.costar.com Connect with Michael Bull & The Show: Michael Bull, CCIM Bull Realty, Inc https://www.linkedin.com/in/michaelbull/ For more commercial real estate market data, sector forecasts, and video episodes, visit CREshow.com. America's Commercial Real Estate Show is brought to you by our proud sponsors. TCN Worldwide: Commercial real estate property management, leasing, and sales solutions across the US and globally. Learn more: https://www.tcnworldwide.com Build Out: The ultimate product suite for commercial real estate brokerage firms looking to streamline their business. Learn more: https://www.buildout.com Bull Realty: Regional commercial real estate brokerage services headquartered in Atlanta, delivering market intel and strategies. Learn more: https://www.bullrealty.com Commercial Agent Success Strategies: Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/ #CRE #CommercialRealEstate #OfficeMarket #OfficeSpace #RealEstateInvesting #CREForecast #OfficeVacancy #CoStar #TenantRepresentation #BullRealty
The quarterly market update is back, and this one had no shortage of material. Juan Arias, National Director of U.S. Industrial Analytics at CoStar Group, and Anthony Graziano, Chairman and CEO of Integra Realty Resources, returned to Buró with cocktails in hand to make sense of a quarter that gave everyone whiplash.We started where the whole world started this quarter: the Strait of Hormuz. Juan and Anthony walked us through what the oil shock actually did on the ground, from freight and logistics costs to the inflation spike that had the Fed talking hikes instead of cuts, and what the ceasefire cooldown means for the back half of the year.From there, the conversation turned to the two letters driving everything else: AI. The guys dug into whether the productivity story is real or just a really good pitch deck, and what the data center land grab means for industrial real estate, power, and the markets scrambling to feed it. When warehouses start competing with server farms for dirt and electricity, the math changes fast.Then we brought it home. South Florida's growth story is changing shape. Net migration has turned negative for the first time in memory, but the people leaving are being replaced by a smaller, much wealthier crowd. Juan and Anthony debated what a market gains and what it loses when the moving trucks head north and the billionaires fly south, and what that means for everyone building, buying, and leasing here.As always, we closed with predictions on the record, to be lovingly held against them next quarter.Thanks to Buró for the space, and to Vinya for the pours that kept the forecasts honest. The market may be uncertain, but the glasses were full.Connect with usWant to dive deeper into Miami's commercial real estate scene?
Mick Jagger may have studied economics, but this week the panel tackles the market's biggest economic questions. Is Apple becoming the new AI winner while the rest of the Mag 7 struggles under massive capital spending? Are AI infrastructure costs finally catching up with Big Tech? And could the return of single-stock futures actually matter this time? Mark Longo is joined by Andrew "The Rock Lobster" Giovinazzi and Uncle Mike Tosaw to break down another busy week in the options markets, including: Why Apple continues making new highs while many AI leaders stumble The growing debate over massive AI spending by Microsoft, Meta, NVIDIA, OpenAI and others Whether the "Magnificent Seven" are becoming the "Lag Seven" The launch of CME's new single-stock futures contracts Key earnings to watch from Apple, Amazon, Microsoft, Meta and more Unusual options activity in CoStar Group and Trimble Strategy Block: Using synthetic covered calls versus cash-secured puts Around the Block: The panel's outlook heading into a pivotal Fed and earnings week
Mick Jagger may have studied economics, but this week the panel tackles the market's biggest economic questions. Is Apple becoming the new AI winner while the rest of the Mag 7 struggles under massive capital spending? Are AI infrastructure costs finally catching up with Big Tech? And could the return of single-stock futures actually matter this time? Mark Longo is joined by Andrew "The Rock Lobster" Giovinazzi and Uncle Mike Tosaw to break down another busy week in the options markets, including: Why Apple continues making new highs while many AI leaders stumble The growing debate over massive AI spending by Microsoft, Meta, NVIDIA, OpenAI and others Whether the "Magnificent Seven" are becoming the "Lag Seven" The launch of CME's new single-stock futures contracts Key earnings to watch from Apple, Amazon, Microsoft, Meta and more Unusual options activity in CoStar Group and Trimble Strategy Block: Using synthetic covered calls versus cash-secured puts Around the Block: The panel's outlook heading into a pivotal Fed and earnings week
CoStar Group's Jan Freitag and Walker Hotel Collection's Peter Yeung join CoStar News Hotels' Trevor Simpson to discuss results and lessons learned from the 2026 FIFA World Cup.
In this week's news roundup, Ed and Simon Baker unpack REA Group's exit from India, a big CFO move at CoStar, Dubizzle's push into rental protection, and why the real portal-vs-LLM fight is about consideration, not search.Chapters:00:00 Intro00:50 REA Group Sells Housing.com to Aurum PropTech20:19 CoStar Group's New CFO: Robin Rossman23:50 Dubizzle Group Invests in Takeem29:59 Portals vs LLMs: The Battle for ConsiderationREA Group Sells Housing.comREA India has signed a binding agreement to sell housing.com to Aurum PropTech for roughly A$68m — in Aurum shares, not cash — lifting REA's stake in Aurum from 5.5% to 24.9%. The expected loss on divestment is around A$110m, and India moves to a discontinued operation.Simon, a former REA Group CEO, argues the exit was always coming and puts it in the context of REA's long history of cross-border entries and exits. Ed digs into whether a traffic lead alone can ever pay in a market like India — housing.com hit 1.3x its nearest competitor, short of the 2x threshold former CEO Dhruv Agarwala said was needed for revenue to compound.CoStar Group's New CFORobin Rossman moves from MD of CoStar Group Europe to replace Chris Lown as CFO. Simon knows Rossman well and rates the mix of financial and operational experience — and doesn't rule out a long-term succession plan.Dubizzle Group Invests in TakeemDubizzle Group has taken a strategic stake in UAE rental protection platform Takeem, making Bayut and Dubizzle the exclusive portals for its rental guarantee product.Ed asks whether a portal should be carrying balance-sheet risk; Simon argues the pain points in emerging markets are simply different.Portals vs LLMs: The Battle for ConsiderationOff the back of Ed's article, the pair debate whether portals can build a genuinely neutral consideration engine when agents pay the bills — and Simon delivers a soundbite on whether portals can overcome the loyalty problem.Presented by:• Edmund Keith — https://www.linkedin.com/in/edmund-keith/• Simon Baker — https://www.linkedin.com/in/stbaker/
Ed, Harvey and Simon get together for an overdue rundown of the latest news in portals and proptech.0:00 Intros0:39 CoStar board member renewals and activist investors.15:00 CoStar Investment in Wikicasa18:27 Square Yards Fundraise27:10 Zillow + Google Gemini, and the Consideration Phase
CoStar Group's Didio Pequeno joins CoStar News' Trevor Simpson to discuss what hoteliers can expect in the knockout stage of the 2026 FIFA World Cup.
You might be surprised to hear it given some of the economic and geopolitical news this year, but the big news from the NYU International Hospitality Industry Investment Forum was a presentation from Jan Freitag, the national director of hospitality analytics at CoStar Group, and Adam Sacks, president of Tourism Economics, that significantly revised upward their 2026 U.S. hotel forecasts from earlier this year. For this conversation we’re turning to Freitag and Travel Weekly hospitality editor Christina Jelski to review the new forecast and what’s driving the rosy outlook. We talk about the current shape of the economy, interest in domestic travel, the enduring stability of the upper-end and luxury segment. And as the FIFA World Cup kicks off, we take yet another look at demand around the match cities and how some industry watchers may have been missing the story. This episode was recorded June 12 and has been edited for length and clarity. Episode sponsor This episode is sponsored by Brendan Vacations https://www.brendanvacations/com/traveladvisors Related links Early numbers brighten the 2026 forecast for U.S. hotels https://www.travelweekly.com/Travel-News/Hotel-News/Early-numbers-brighten-2026-forecast-US-hotels Hotel data firms deliver good news at NYU event https://www.travelweekly.com/Travel-News/Hotel-News/Industry-groups-unveil-revised-2026-US-hotel-forecast Hotel group says World Cup demand is below expectations https://www.travelweekly.com/Travel-News/Hotel-News/World-Cup-demand-is-below-expectations Folo episode on the World Cup with U.S. Travel's Erik Hanson https://www.travelweekly.com/Podcasts/Folo/US-travel-and-FIFA-World-Cup The USA is on full display https://www.travelweekly.com/North-America-Travel/USA-on-full-display-250th-anniversary CoStar Group https://www.costargroup.com/See omnystudio.com/listener for privacy information.
Dans cet épisode de "Comment j'ai réussi ?", Stéphane Pedrazzi reçoit Sandra Roumi, la directrice générale en France de CoStar Group, une entreprise américaine pionnière dans la collecte et la commercialisation de données appliquées à l'immobilier d'entreprise. L'invitée nous plonge au cœur de cette industrie méconnue du grand public, qui représente pourtant plus de 10% du PIB français et 2,4 millions d'emplois non délocalisables. Elle explique la mission de Costar : digitaliser le secteur de l'immobilier d'entreprise en fournissant aux acteurs (investisseurs, promoteurs, agents immobiliers) des données précises et exhaustives sur les surfaces de bureaux, entrepôts, commerces, etc. L'objectif est d'apporter plus de transparence et de cohérence dans un marché souvent opaque.La cheffe d'entreprise revient sur la méthode de collecte de ces données, qui allie expertise technologique et humaine. Elle détaille les différents types d'informations recueillies, comme les loyers, les surfaces ou l'identité des locataires, et explique en quoi ces données sont stratégiques pour guider les décisions des professionnels de l'immobilier.Elle dresse ensuite un constat sans concession sur la situation actuelle du marché de l'immobilier d'entreprise en France, confronté à une "crise sans précédent". Elle pointe du doigt la surproduction de bureaux, notamment en Île-de-France, face à une demande qui n'est plus au rendez-vous. La conversion de ces bureaux en logements est une piste évoquée, mais qui comporte des défis économiques importants.Au-delà de ce diagnostic, elle met en lumière les profondes mutations qui traversent ce secteur : évolution des usages, des générations, des enjeux environnementaux et numériques. Elle explique comment les données de Costar permettent de mieux appréhender ces transformations et d'y répondre de manière plus éclairée.Enfin, la directrice générale revient sur le positionnement encore méconnu de CoStar en Europe, contrairement aux États-Unis où la marque est très établie. Elle détaille les ambitions de développement de l'entreprise sur le Vieux Continent, avec pour objectif de donner à l'industrie immobilière la reconnaissance qu'elle mérite.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.
CoStar Group's Didio Pequeno joins the CoStar News Hotels podcast to break down how hotel performance is trending across the 16 World Cup host markets.
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode, Phil Mobley from CoStar Group shares insights on market foresight, data analytics, and the future of commercial real estate, emphasizing the importance of understanding market signals, risk tolerance, and emerging sectors like data centers and life sciences. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
In der heutigen Folge sprechen die Finanzjournalisten Philipp Vetter und Holger Zschäpitz über irre Optionskäufe bei Micron, gute Zahlen bei Saudi Aramco und den Nasdaq 100 Aufsteiger Lumentum. Außerdem geht es um JPMorgan, Saudi Aramco, Nvidia, Broadcom, Apollo, Blackstone, Honeywell, Intel, Apple, Microsoft, Lumentum, Costar Group, Trump Media, SAP, IBM, Meta, Amazon, Alphabet, AMD, Berkshire Hathaway, State Street SPDR FTSE Global Convertible Bond ETF EUR hedged (WKN: A2JE3J), State Street SPDR FTSE Global Convertible Bond UCITS ETF USD Hedged (WKN: A2JE3K), State Street SPDR FTSE Global Convertible Bond ETF (WKN: A12CZS), Bantleon Global Convertibles (WKN: A3CWUR), Tell's Arrow Opportunities Bond Fund (WKN: A3E1XE). Anzeige: Diese Folge enthält Werbung für Smartbroker+. Depot eröffnen & 60 € ETF sichern! Riesige ETF-Auswahl, flexible Trades & persönlicher Support bei Smartbroker+. Alle Informationen gibt es unter: https://get.smartbrokerplus.de/triple-aaa-podcast/ Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Hier könnt ihr den AAA-Newsletter abonnieren: https://www.welt.de/newsletter/article232797673/Alles-auf-Aktien-Der-taegliche-Boersen-Newsletter-fuer-WELTplus-Abonnenten.html Und - ganz neu: AAA gibt es jetzt auch auf Instagram: https://www.instagram.com/alles_auf_aktien/ Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
Are hotel rooms more expensive than they used to be? Jan Freitag’s answer may surprise you. As the national director of hospitality analytics at CoStar Group, Jan has been studying hotel pricing trends for years. And he believes that in many places, hotels are more of a bargain today than they were in 2019. Jan joins this episode of the podcast to help us make sense of the mystifying world of hotel pricing. He explains how inflation, demand and labor pressures shape the rates you pay when you stay, shares his forecast for hotel pricing for the rest of 2027, and gives some tips for how you can score great hotel values for your tour groups. Plus, we have news about travel company closures at home and abroad and Brian’s reflections about when and how to wind down a travel enterprise. Insights from Jan Jan brought a data-rich perspective on the hotel business that helped illuminate the current pricing environment. Here's what he had to say about the perceived high prices of hotels today: “They may feel expensive; the reality is the price increases in the hotel industry have actually not kept track with the inflation rate. So when you go back to 2019, you see that today's rates are roughly 22% higher than they were then, which may sound like a lot. But CPI, the consumer price index, went up 25%. So in what economists call real terms, room rates today are actually cheaper than they were pre-pandemic.” Plus, he had great perspectives on: How demand impacts hotel pricing How the Canadian inbound dip is impacting the American hotel market Why luxury travel continues to skyrocket Resources Mentioned in This Episode Follow Jan Freitag on LinkedIn. Learn more about CoStar Group and find “Tell Me More: A Hospitality Data Podcast” at costargroup.com. Learn how to improve your group travel program with our Group Travel Essentials series. Key Moments From This Episode 1:19 — Travel News: Travel company closures at home and abroad 2:45 — News From Us: Essential education for group travel planners 6:41 — Hotels aren't as expensive as they seem 9:07 — How hoteliers handle inflation 10:18 — The factors driving hotel prices up 13:53 — Is immigration policy impacting hotel staffing? 15:52 — Forecasting hotel trends for 2026 and beyond 17:21 — Surprising ways demand is affecting hotel prices 21:45 — The stratospheric rise of luxury travel 23:24 — Is the Canadian inbound slump impacting room rates? 25:53 — How to find hotel savings for tour groups 29:32 — How COVID disrupted the hotel renovation cycle 34:00 — Are hotels any cheaper abroad? 47:06 — Brian's thoughts on when (and how) to close your travel company Watch the Full Interview See the full interview with Jan on our YouTube channel. About the Podcast Gather and Go with Brian Jewell is a tourism industry podcast that helps group travel leaders plan, promote and lead better trips. There are also tips and insights for destination marketers and others who support the tourism trade. Each episode reaches thousands of professional tour operators, travel agents and the volunteer group leaders they serve. The audience also includes destination museum leaders, church travel leaders and other tourism enthusiasts around the world. Each show includes an interview with a smart travel pro or an insightful person from outside tourism who’s expertise can help make travel businesses better. You’ll also hear travel news, road tips and more. New episodes are released about twice monthly. You can find Gather and Go wherever your listen to podcasts or subscribe by email.
Ed, Simon and Harvey discuss this week's news from the world of real estate portals. Costar Group moves past the investor dispute as it posts a 60th consecutive quarter of double digit revenue growth, Hemnet's results are impacted by its new business model, Scout24 incorporates Fotocasa into its reporting, 'pre-market' buzz arrives in the UK and Apartments.com.au has a new admirer.
Shawn O'Malley and Daniel Mahncke explore CoStar Group (ticker: CSGP), the dominant provider of commercial real estate data and analytics, and assess whether the company's massive $5 billion bet on Homes.com can successfully crack the residential real estate market dominated by Zillow, or whether this ambitious expansion will destroy shareholder value. IN THIS EPISODE YOU'LL LEARN: 00:00:00 - Intro 00:01:42 - Why the company has delivered nearly 60 consecutive quarters of double-digit revenue growth 00:09:17 - How CoStar built a dominant, near-monopoly position in commercial real estate data and analytics 00:18:30 - How CoStar generates roughly 50% profit margins on its core B2B business 00:44:12 - What makes CoStar's data moat so durable and difficult for competitors to replicate 00:48:12 - How the company's acquisition-driven strategy has fueled decades of growth 00:56:22 - Why CoStar is investing $5 billion into Homes.com to take on Zillow and Realtor.com 00:58:21 - Competitive landscape in the residential real estate marketplace 01:08:41 - Whether CoStar's massive residential bet will pay off or destroy shareholder value 01:23:57 - How Shawn and Daniel value CoStar and whether CSGP belongs in the portfolio Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join The Intrinsic Value Conference in Omaha this May 1, 2026! Learn how to join us in Omaha for the Berkshire meeting here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Shawn, Kyle, Daniel, and the other community members. Track The Intrinsic Value Portfolio. Costar pitch on the Value Investors Club. Drew Cohen's podcast on CoStar. Follow Daniel on X and Linkedin. Follow Shawn on X and Linkedin. Related books mentioned in the podcast. Ad-free episodes on our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Facebook. Browse through all our episodes (complete with transcripts) here. Try Shawn's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Kathy Fettke breaks down the latest 2026 rent trends using new data from Apartments.com and CoStar Group. National rent growth has slowed, but select states and affordable markets are still showing strength. Learn where rents are rising, where costs remain low, and what today's shifting rental market means for real estate investors and landlords looking for cash flow and long-term opportunity.
Shawn O'Malley and Daniel Mahncke explore CoStar Group (ticker: CSGP), the dominant provider of commercial real estate data and analytics, and assess whether the company's massive $5 billion bet on Homes.com can successfully crack the residential real estate market dominated by Zillow, or whether this ambitious expansion will destroy shareholder value. IN THIS EPISODE YOU'LL LEARN: 00:00:00 - Intro 00:01:42 - Why the company has delivered nearly 60 consecutive quarters of double-digit revenue growth 00:09:17 - How CoStar built a dominant, near-monopoly position in commercial real estate data and analytics 00:18:30 - How CoStar generates roughly 50% profit margins on its core B2B business 00:44:12 - What makes CoStar's data moat so durable and difficult for competitors to replicate 00:48:12 - How the company's acquisition-driven strategy has fueled decades of growth 00:56:22 - Why CoStar is investing $5 billion into Homes.com to take on Zillow and Realtor.com 00:58:21 - Competitive landscape in the residential real estate marketplace 01:08:41 - Whether CoStar's massive residential bet will pay off or destroy shareholder value 01:23:57 - How Shawn and Daniel value CoStar and whether CSGP belongs in the portfolio Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community. Join The Intrinsic Value Conference in Omaha this May 1, 2026! Sign up for The Intrinsic Value Newsletter. Track The Intrinsic Value Portfolio. Costar pitch on the Value Investors Club. Drew Cohen's podcast on CoStar. Follow Daniel on X and Linkedin. Follow Shawn on X and Linkedin. Related books mentioned in the podcast. Ad-free episodes on our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses through The Intrinsic Value Newsletter. Check out The Investor's Podcast Starter Packs. Follow our official social media accounts: X | LinkedIn | Facebook. Try our tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: HardBlock Human Rights Foundation Plus500 Netsuite Shopify Vanta References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
In the latest episode, Barry and Ernest explain why business quality matters more than macroeconomics concerns and also provide an update on FICO and the rationale for selling CoStar Group last year. 0:00- Introduction5:51- Upcoming CUSMA renegotiation7:48- Business quality trumps macro 16:41- Outperformance of Domino's and Stryker21:05- FICO update28:06- Private credit worries for software 32:20- Why we sold CoStar Group
Harvey, Edmund and Simon get together for a breakdown of the industry's latest news, from lawsuits in the UK to multi-market challenges for CoStar Group...00:00 Introduction and Overview of the Real Estate Market01:41 Rightmove's Legal Troubles in the UK14:33 Zillow vs. CoStar Copyright Infringement Lawsuit Update25:18 Hemnet rolls out 'Sell Now, Pay Later' offer Nationwide31:35 The Shift in Real Estate Marketing Strategies37:41 Should Rightmove and Hemnet go more Transactional?43:30 Domain Layoffs and CoStar's Multi-Market Challenge
Ed, Simon and Harvey discuss CoStar Group's Q4 and end of year financials, Zillow's lawsuit, an acquisition by Zoopla, Native AI Portals, and sea change in Sweden.00:00 Intros01:00 CoStar Group financials and investor call highlights17:00 Homes AI21:00 Zillow litigation update25:00 Zoopla acquisition30:00 AI-Native portals36:00 Sweden
In this February 23rd episode, Steve Kaempf and Matt Lombardi discuss major real estate market trends. They cover the National Association of Realtors' new “More Than Opening Doors” campaign, designed to highlight the value realtors provide beyond home showings. The hosts also examine CoStar Group's investor-driven layoffs and shift toward AI-powered efficiencies. Additionally, they analyze a Missouri lawsuit alleging deceptive practices by Veterans United Home Loans targeting veterans. The episode emphasizes the importance of consumer education, ethical practices, and technological innovation in shaping the evolving real estate landscape.00:00:00 Introduction & Episode Overview 00:01:37 NAR "More Than Opening Doors" Campaign Launch 00:04:44 Campaign Details & Distribution 00:08:08 CoStar Group Layoffs & AI Shift 00:10:01 Investor Pressure & Company Response 00:12:21 Missouri Mortgage Lawsuit Targeting Veterans 00:13:48 Lawsuit Details & Allegations 00:16:01 Class Action Scope & Company Response 00:17:08 White House Investor Ban Proposal 00:20:12 Legislative Process & Political Reactions 00:21:37 Economists' Views & Next Steps 00:22:14 Illinois Housing Supply Plan Announcement 00:23:09 Plan Details: Zoning & Housing Types 00:23:50 Illinois Housing Shortage & Regulatory Barriers 00:24:59 Funding & Financial Incentives 00:25:43 Key Regulatory Changes 00:27:15 Industry Reaction & National Trends 00:27:55 Illinois Market Stats Delay & Olympic Hockey Recap 00:29:25 Upcoming Podcast & CLE Events 00:30:29 Closing Remarks & Call to ActionFull episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.Our Success Series covers principles of success to help your thrive!www.peoplenottitles.comIG - https://www.instagram.com/peoplenotti...FB - https://www.facebook.com/peoplenottitlesTwitter - https://twitter.com/sjkaempfSpotify - https://open.spotify.com/show/1uu5kTv...
This quarter, we poured some whiskey and sat down with two of the sharpest minds in commercial real estate data: Juan Arias, National Director of Industrial Analytics at CoStar Group, and Anthony Graziano, Chairman & CEO of Integra Realty Resources.Every quarter, Juan and Anthony help us cut through the noise and break down what's actually moving Miami's industrial market: pricing trends, vacancy shifts, absorption, capital flows, and where deals are getting done (and where they aren't). The conversation ranged from industrial fundamentals to politics, tariffs, and where real opportunities may be emerging in today's market.We started with industrial, often an early indicator of broader economic health, then zoomed out to a wider discussion on commercial real estate, touching on macroeconomic forces, demographics, and how investors should be thinking about the current environment.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 info@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 of the "People Not Titles" podcast, hosts Steve Kaempf and Matt Lombardi discuss major February 2025 market trends. They cover Kevin Warsh's nomination as Federal Reserve Chair, the Fed's latest interest rate decisions, and internal policy debates. The episode also explores the conflict between CoStar Group and hedge fund Third Point over Homes.com's strategy, recent real estate industry awards, a new lawsuit against Rocket Mortgage, and declining consumer confidence. The hosts analyze housing market dynamics, affordability challenges, and share industry insights, ending with lighthearted sports banter and a preview of upcoming episodes.00:00:00 Introduction00:00:56 Groundhog Day & Weather Chat 00:02:12 Kevin Warsh Nominated as Fed Chair 00:03:10 Kevin Warsh's Bio & Experience 00:04:26 Market Reaction & Confirmation Process 00:06:15 Warsh's Policy Priorities 00:06:48 Key Takeaways from the Fed Meeting 00:08:15 Economic Activity & Labor Market 00:09:13 Inflation & Tariffs 00:09:56 Internal Fed Policy Division 00:10:49 Powell's Advice for Successor 00:11:08 CoStar vs. Third Point: Homes.com Dispute 00:12:59 CoStar's Response & Strategy 00:16:39 Homes.com Performance & Profitability Timeline 00:17:26 CoStar's Acquisition Track Record & Financial Outlook 00:18:27 Third Point's Track Record & Final Remarks 00:18:58 Inman 2025 Power Player Awards 00:20:20 NAR & Local Award Winners 00:22:22 Class Action Lawsuit Against Rocket 00:23:36 Details of the Rocket Lawsuit 00:25:46 Rocket's Response & Legal Precedent 00:27:04 Consumer Awareness & Industry Trust 00:28:41 Consumer Confidence Drops in January 00:30:55 Labor Market & Spending Trends 00:33:19 Housing Market & Affordability 00:34:39 Homeownership Strategy & Real Estate Outlook 00:35:46 Podcast Wrap-Up & Super Bowl PredictionsFull episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.Our Success Series covers principles of success to help your thrive!www.peoplenottitles.comIG - https://www.instagram.com/peoplenotti...FB - https://www.facebook.com/peoplenottitlesTwitter - https://twitter.com/sjkaempfSpotify - https://open.spotify.com/show/1uu5kTv...
CoStar Group's Colin Sherman joined the CoStar News Hotels podcast to contextualize the Super Bowl's effect on hotel rates and occupancy in Santa Clara and San Francisco.
In this episode, Jan Freitag, National Director, Hospitality Analytics at CoStar Group, shares why the national forecast should be your starting point -- and gives specific things you can do to find growth this year.Links:"Tell Me More" Podcast by Jan Freitag & Isaac Collazo: Apple Podcasts or Spotify Read Jan's latest articles for CoStarVideo: Teague Talks with Jan Freitag of CoStar GroupOur previous conversation: Tariffs, Travel Disruption, and What Hotel Leaders Must Do Now - Jan Freitag, CoStarI-92/APIS Dataset from the U.S. Department of CommerceCanadian travel statisticsHospitality Daily is brought to you with support from Mews, the operating system for hospitality that replaces fragmented systems with one connected way to manage reservations, payments, revenue, and guest service. Listen to my recent conversation with Mews founder Richard Valtr for a deep dive on what's happening with AI and hotel tech today. 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
Scott Wapner and the Investment Committee debate how important the next few days are for the rally as Mega Cap Earnings, the Fed Decision and a potential government shutdown hang over stocks. Plus, the desk reacts to a letter from Activist Investor Dan Loeb and his firm Third Point calling for a new board for Costar Group, citing "weak oversight." And later, we hit the Setup on some Committee names reporting earnings tomorrow. Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Ahead of ALIS, Teague sits down with Jan Freitag, National Director of Hospitality Market Analytics at CoStar Group, to tackle the data-driven questions everyone is asking as the industry looks toward 2026. Following a year defined by tariffs, rising inflation, and economic uncertainty, Jan unpacks what the data is truly signaling—offering a grounded view across markets, asset classes, demand segments, and shifting investor priorities. With strong optimism around luxury and a more cautious outlook for the American leisure traveler, Jan explores the forces shaping corporate demand, how investors are weighing acquisitions versus new development, and what the World Cup could mean for hotel demand in the year ahead.
Jimmy takes a call from Jeremy Benson - GM of Crave Fishbar Upper West Side in NYC and Chris DiOrio- Senior Brand Manager for Blue Point Brewing Co. Today's chat is all about oysters. We learn about the history of oysters in NY, beer pairings, oyster farming and competitive shucking! _Jeremy Benson is the General Manager of Crave Fishbar on the Upper West Side. He is an Oyster Master Guild Certified Specialist and currently in the inaugural class to become a certified Oyster Sommelier. He grew up north of Boston and has been in the NYC restaurant business for over 12 years. While always liking oysters, he really fell in love with them slurping back dozens with his wife Channing. He's greatest accomplishment is his daughter Evan.Christopher DiOrio is a seasoned brand management professional with extensive experience in the brewing industry, currently serving as Senior Brand Manager for Blue Point Brewing Co. and Montauk Brewing Co. at Tilray Brands, Inc. Previously, Christopher held several roles at Anheuser-Busch, Cisco Brewers and Blue Point Brewing Co. Christopher's career also includes experience as a Police Officer with the Metropolitan Police Department of the District of Columbia and work as a Researcher at CoStar Group. Christopher has a Master's of Arts in Teaching from Stony Brook University and a Bachelor of Arts in English Language and Literature from Binghamton University.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
VPM News Host Lyndon German and BizSense Reporter Jackie DiBartolomeo discuss the Richmond region's top business stories. This week's topics include CoStar Group's corporate campus, the development of GRTC's central transfer station and VCU's Grace Street dorm project taking shape.
In this episode, Bill Harter, Principal Solution Advisor at Visual Lease and CoStar Group, shares how leading organizations are shifting from lease accounting compliance to portfolio optimization in corporate real estate. As organizations move past meeting new accounting standards, the conversation is shifting toward using data and market insights to make smarter portfolio decisions. Bill shares how real estate leaders can evaluate lease economics, anticipate market changes, and align their portfolios with future business needs to drive greater efficiency and resilience.
Ed, Simon and Harvey discuss CoStar Group's recent Q3 results, legal challenges with Zillow, and the growth of Homes.com. They explore the implications of AI integration in real estate, the competitive landscape, and the ongoing acquisition strategies of CoStar. The conversation highlights the contrasting business models of CoStar and Zillow, as well as the challenges and opportunities in the rental market.
Tune in as Jamison Manwaring sits down with Connor Devereux of CoStar (the data engine behind Apartments.com, LoopNet, and Homes.com) to break down what the numbers are really saying about Phoenix commercial real estate. We cover the supply wave in multifamily and why demand can be "strong" while rents are negative, industrial's barbell dynamic and West Valley momentum, retail's quiet outperformance after a decade of under-building, and how office is finding a floor with selective strength in prime assets. Connor explains how CoStar's research team aggregates occupancy, rents, construction pipelines, and cap rates—and how operators can use that transparency to make better decisions. Arizona roots, submarket nuance, and a clear view of what could turn in 2026–2028 all included.
Welcome to Go Gaddis Real Estate Radio. I'm Cleve Gaddis—here to make real estate clear, simple, and worry-free. In this episode we're delving into a major legal shake-up in the real-estate industry: the ongoing lawsuits involving Zillow. We'll focus on what you should know as a buyer, seller or agent in Metro Atlanta, including how these cases may affect listings, competition, and your home transaction. We'll discuss: What the Federal Trade Commission's lawsuit against Zillow and Redfin alleges — including a $100 million deal to suppress competition. Federal Trade Commission +2 Reuters +2 The suit filed by CoStar Group accusing Zillow of copyright infringement (nearly 47,000 photos) and the implications for the market. CoStar Group +2 RealEstateNews.com +2 The lawsuit by Compass Inc. against Zillow alleging antitrust practices related to listings and how the so-called “Zillow Ban” might impact sellers and buyers. Homes.com +2 Courthouse News +2 How the government shutdown has paused some regulatory actions and what delays mean for the industry (note: this episode will include discussion on that pause) What this means for sellers listing in Metro Atlanta: visibility of listings, platform reach, and how listing portals may shift What this means for buyers: access to listings, transparency, and whether major portals continue to dominate Why you might want to pay attention even if you're not listing nationally — these legal moves ripple into local markets Plus, I'll introduce our Upside program, giving you all the options to move with confidence — regardless of how the national portal wars play out. For questions, comments or to nominate a future topic, visit GoGaddisRadio.com — we want to hear from you, push back, and keep the conversation going.
This quarter, we poured some Nikka Japanese whiskey and sat down with two of the sharpest minds in the CRE data world: Juan Arias, National Director of Industrial Analytics at CoStar Group, and Anthony Graziano, Chairman & CEO of Integra Realty Resources.Every quarter, these guys help us dissect what's actually moving Miami's industrial market — pricing trends, vacancy shifts, absorption patterns, capital flows, and where deals are getting done (and where they're not).We started with industrial because it's often an early indicator of the economy's health, then zoomed out into office, hospitality, and multifamily. The conversation hit everything from tarrifs, to port and truck traffic and increasing vacancy rates particalarly for large bay industrial. This one's for anyone trying to make sense of what's next in Miami commercial real estate, with laughs, whiskey, and a dose of data.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 info@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.
Ed, Harvey and Simon discuss...- CoStar Group's acquisition of Domain- Rumors of Swiss Marketplace Group's potential IPO- Opendoor's financial struggles and leadership changes- A financial misappropriation incident at Frontier Digital Ventures. The conversation delves into market dynamics, investor sentiment, and the challenges faced by companies in the PropTech sector.00:00 Introduction and Context01:00 CoStar Group's Acquisition of Domain06:47 Swiss Marketplace Group's IPO Plans13:48 Open Door's Financial Struggles and CEO Resignation28:27 Frontier Digital Ventures' Financial Misappropriation
Get the real story on U.S. property values and transaction volume. Show host Michael Bull, CCIM sites down with Chad Littell, National Director of of U.S. Capital Markets with CoStar Group for an enlightening look at where we are in the cycle including cap rate trends of each of the major U.S. property sectors. C5 + CCIM Global Summit 2025 - The premiere commercial real estate conference for networking, dealmaking, and investment opportunities, September 16-18th in Chicago: https://c5summit.realestate/ 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/Commercialrealestate
This week, we are joined by Rebecca Tushnet, Faculty Co-Director and Professor of the First Amendment at Harvard Law School, to discuss one of the biggest cases in real estate — CoStar Group v. Zillow. CoStar is alleging that Zillow used nearly 47,000 of CoStar's copyrighted real estate images without license, so we asked Rebecca to help us break down the facts of the case, given her immense experience in Intellectual Property. Lee, Mike and Rebecca discusses the strength of CoStar's case as well as the strategies each party might use.If you are are in the real estate sector, this case is one to watch as it has the possibility to set precedent in New York and potentially across the country. Catch up on the facts now!You can find more of Rebecca's excellent legal analysis on her blog at tushnet.blogspot.com.And as always, you can find Lee, Mike and the BFKP team at bfkplaw.com.To find out more about Bergstein Flynn Knowlton & Pollina PLLC, visit our website at bfkplaw.com. Hosted on Acast. See acast.com/privacy for more information.
On What's Your Work Fit we posed this question: What's Happening to Office Leases in 2025? Answering that question and others is our returning 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 the conversation on the … Continue reading What's Happening to Office Leases in 2025? →
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
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/
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/