LoopNet, CoStar, Begin A New Round in Long Boxing
Match
A long legal battle between commercial real estate
information giants LoopNet, based in San Francisco, and CoStar Group,
based in Bethesda, Md., has heated up again. Currently, litigation is
underway in three states — California, New York and Maryland — as
the two companies clash over copyright, Web access and advertising
issues, among others.
LoopNet lists $500 billion worth of commercial real estate properties
for sale and for lease on its Web site, which has more than three
million registered members, according to the company. CoStar provides
marketing and information research services, and also lists available
properties on its newer real estate site, Showcase.
Apartment Companies Automate to Save Money and Attract
Clients
The National Multi Housing Group (NMHC), a Washington,
D.C. based association that represents major apartment companies,
projects that in less than a decade, 67 million Americans will be
between the ages of 20 and 34, prime years for apartment dwellers. NREI
spoke with David Cardwell, vice president of capital markets and
technology for NMHC, about technological advances in the apartment
industry. NMHC estimates that 14% of Americans currently live in rental
apartments.
BOMA Creates ‘360’ Performance
Program
The Building Owners and Managers Association (BOMA)
International has launched the BOMA 360 Performance Program to recognize
commercial properties that demonstrate best practices in building
operations and management. It is an online self-assessment to evaluate
properties in major areas of building management.
|
