Apartments.com

WASHINGTON, DC–CoStar Group has acquired online rental solutions provider Cozy Services for $68 million. The company plans to integrate Cozy's Services into its Apartments.com platform.

“We believe that if we continue to focus on delivering a fantastic renter experience on Apartments.com, we will continue to be the most heavily trafficked website offering the most valued advertising solutions,” says Andrew C. Florance, CoStar Group Founder and CEO.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.