Deal to Acquire ForRent to Add Millions of Renters to CoStar’s Apartments.com Network

CoStar Group today announced an agreement to acquire ForRent from Virginia-based Dominion Enterprises as it continues to expand its Apartments.com online apartment rental platform with the goal of listing every single apartment unit available for rent in the U.S. Under the purchase agreement, expected to close in the fourth quarter of 2017, CoStar will acquire the operator of four multifamily rental websites for $350 million in cash and $35 million… The post Deal to Acquire ForRent to Add Millions of Renters to CoStar’s Apartments.com Network appeared first on Real Estate Investor HQ.