Quantcast

Latest Apartments.com Stories

2014-07-22 08:27:39

MCLEAN, Va., July 22, 2014 /PRNewswire/ -- Highlights for the quarter include the following: -- Overall company revenue growth of 12 percent, pro forma revenue growth of 2 percent -- Strong Broadcasting Segment revenue increased 88 percent, a 13 percent increase on a pro forma basis -- Adjusted EBITDA rose 28 percent to $354 million driven by strong Broadcasting and Digital Segment results -- Free Cash Flow of $307 million, 78 percent...

2014-05-30 12:28:07

CHICAGO, May 30, 2014 /PRNewswire/ -- Apartment community owners and property managers in Phoenix, AZ, will be the second market to benefit directly from CoStar Group, Inc.'s (NASDAQ: CSGP) recent acquisition of Apartments.com. CoStar Group is welcoming Apartments.com customers with a field research blitz aimed at producing high quality walk-through videos of over 100 apartment communities in the Phoenix area over the next two weeks. The first successful field blitz took place...

2014-05-06 16:29:52

CHICAGO, May 6, 2014 /PRNewswire/ -- Apartment community owners and property managers in Washington, DC will be the first to benefit from CoStar Group, Inc.'s (NASDAQ: CSGP) recent acquisition of Apartments.com. Washington, DC-based CoStar is welcoming Apartments.com customers with a field research blitz aimed at producing high quality walk-through videos of over 500 apartment communities in its home market over the next two weeks. Apartments.com is the premier online apartment...

2014-04-23 08:29:42

- Total revenue trend improves compared to Q1 2013 SACRAMENTO, Calif., April 23, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) today reported a net loss, excluding the net impact of certain items discussed below, of $5.9 million for the first quarter of 2014 compared to a net loss in the 2013 first quarter, adjusted for similar items, of $0.7 million. On a GAAP basis, the net loss in the first quarter of 2014 was $15.8 million, or 18 cents per share compared to a net loss in the 2013...

2014-04-01 20:21:20

SACRAMENTO, Calif., April 1, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) said today that it received a $147 million cash distribution from Classified Ventures, LLC (CV) as a result of its previously announced sale of Apartments.com to CoStar Group for $585 million. McClatchy expects that proceeds on an after-tax basis will be approximately $90 million. McClatchy owns a 25.6% interest in CV and its portion of the gain from the sale of Apartments.com will be recorded in...

2014-04-01 16:21:03

CHICAGO, April 1, 2014 /PRNewswire/ -- Classified Ventures, LLC ("CV"), a leading provider of digital marketing solutions in the automotive and rentals category, announced that the sale of its Apartments.com business to CoStar Group, Inc. ("CoStar"), has closed effective April 1, 2014. The close of sale follows a March 3, 2014 announcement that the company had entered into an agreement to sell its Apartments.com business for $585 million in cash to CoStar, a leading provider of...

2014-03-03 08:27:05

SACRAMENTO, Calif., March 3, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) said today that it anticipates a cash distribution as a result of the recent announcement by Classified Ventures, LLC (CV) of its agreement to sell Apartments.com for $585 million to CoStar Group. CV has said that it expects the transaction to close in the second quarter of 2014. McClatchy owns a 25.6% interest in CV. A distribution approximately equal to McClatchy's portion of the net proceeds on...

2014-03-03 08:27:00

CHICAGO, March 3, 2014 /PRNewswire/ -- Classified Ventures, LLC ("CV"), a leading provider of digital marketing solutions in the automotive and apartment rental categories, announced today that it has entered into an agreement to sell its Apartments.com business for $585 million in cash to CoStar Group, Inc., a leading provider of commercial real estate research and information services. The sale follows a September 2013 announcement that the Company and its Board of Directors would...

2014-03-03 08:26:56

MCLEAN, Va., March 3, 2014 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) is pleased to report that Classified Ventures, LLC has agreed to sell Apartments.com, which represents approximately one-fourth of Classified Ventures net income, for $585 million to CoStar Group Inc. (Nasdaq: CSGP). The transaction is subject to regulatory approval, and Classified Ventures expects the transaction to close during the second quarter of 2014. Gannett owns a 26.9% interest in Classified Ventures....


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.