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The firm plans to originate and acquire structured hotel debt investments across the US.
The merger with CoreLogic would triple CoStar's total addressable market in the $180 trillion global real estate industry.
Banks are increasingly choosing to close unprofitable branches in advance of a lease expiration.
Integrating into the surrounding community will be key.
Landlords are making huge investments in things like air filtration and touchless entry, without the benefit of insight into what's driving tenant decision-making.
The deal is the latest in a string of investments in the CRE space.
80% of respondents said they had never done a sale-leaseback transaction, despite the fact that 40% have mortgaged debt on their real estate holdings.
Right now there is a substantial deficit of supply in suburban areas, secondary cities, commuter towns and emerging markets.
There are cracks showing in the CMBS market with these structures, says DBRS Morningstar.
A new study shows there are no major before-and-after price differences in 26 US metros.