Richmond, United States
LoopNet, founded in 1995, is the leading online marketplace for commercial real estate in the United States, as highlighted by its slogan. Positioned at the forefront of the Prop Tech industry, LoopNet offers unparalleled platform reach with over 13 million monthly unique visitors. Its comprehensive coverage includes both "For Sale" and "For Lease" properties across all commercial real estate categories, providing significant exposure to the largest audience of CRE tenants and buyers.
Operating under the umbrella of CoStar Group, Inc., LoopNet's success is fueled by its strategic presence in industries like Advertising, E-Commerce, and Marketplaces. The company's last significant investment, amounting to $860 million, was an acquisition by CoStar Group in April 2011. Headquartered in Arlington, VA, LoopNet's dominant market position reflects a robust and appealing proposition for investors in the commercial real estate sector.
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