Andy Florance — Founder
Andy Florance is the Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading global provider of real estate information, analytics, online marketplaces, and 3D digital twin technology. Since founding the company in 1986 from his college dorm room, Andy has spearheaded the digitization of the real estate industry - transforming how people discover properties, access insights, and make critical business decisions. Under his leadership, CoStar Group completed a successful IPO in 1998 and has grown into a publicly traded S&P 500 and NASDAQ 100 company. Today, CoStar Group’s industry leading brands include CoStar, LoopNet, Apartments.com, Homes.com, Domain, Matterport, STR, OnTheMarket, Ten-X, Land.com and BizBuySell – and serve over one million clients and attract more than 134 million unique monthly visitors (Q4 2024). Based in Arlington, Virginia, CoStar Group employs over 6,800 professionals worldwide and continues to set the standard for innovation in real estate. Andy’s visionary leadership has earned wide recognition. He has been named Globee CEO of the Year, Globee Visionary Leader of the Year, and one of the 30 Most Powerful People in Commercial Real Estate Proptech by Commercial Observer. He is also an Inman Power Player and ranks among the top 10 on the SP 200 list of the most powerful figures in real estate. Under his guidance, CoStar Group has been recognized by Forbes and Fortune among the world’s most innovative and fastest-growing companies. Beyond CoStar Group, Andy is an active contributor to the academic and civic communities. He has co-authored award-winning research on commercial real estate economics and serves on the Board of Trustees for Princeton University and Management Leadership for Tomorrow. He holds a B.A. in Economics from Princeton University and received an honorary doctorate from Virginia Commonwealth University in 2019.
Stackforce AI infers this person is a leader in Real Estate Technology and Analytics.
Location: Washington, DC, United States
Experience: 40 yrs 2 mos
Skills
- Real Estate
- Leadership
- Financial Analysis
Career Highlights
- Pioneered real estate digitization since 1986.
- Led CoStar Group to S&P 500 and NASDAQ 100.
- Recognized as a top leader in commercial real estate.
Work Experience
Princeton University
Board Member (10 mos)
Virginia Commonwealth University
Vice Rector, Board of Visitors (4 yrs 7 mos)
Management Leadership for Tomorrow
Board Member (9 yrs 4 mos)
Washington National Cathedral
Chairman of the Chapter (board) (8 yrs 5 mos)
St. Albans School
Board Member (3 yrs 7 mos)
Children's National Health System
Board Member (3 yrs 5 mos)
Walker & Dunlop
Board Member (3 yrs)
Beauvoir Elementary School
Board Chair (6 yrs)
National Building Museum
Board Member (5 yrs)
Shakespeare Theatre Company
Board Member (7 yrs)
Ford's Theatre
Board Member (4 yrs)
American Real Estate Society
Board Member (10 yrs)
St. Andrew's School
Board Member (6 yrs)
CoStar Group
Founder and Chief Executive Officer (40 yrs 2 mos)
Education
BA at Princeton University
Doctor of Humane Letters at Virginia Commonwealth University
Making Corporate Boards More Effective at Harvard Business School
Real Estate Capital Markets at Massachusetts Institute of Technology
