Andy Florance

Background

About Andy Florance

As the Founder and Chief Executive Officer of CoStar Group, Andrew C. Florance has dedicated nearly four decades to digitizing the real estate industry through innovation and technology, fundamentally changing the way commercial real estate professionals access, use and share information. Since founding CoStar Group in his dorm room in 1986, he led the company’s growth from a groundbreaking startup to a market-leading enterprise that is publicly traded on NASDAQ (CSGP) and included in the S&P 500 and NASDAQ 100. CoStar Group has grown to serve over 1 million clients globally, with its websites garnering well over 1 billion visitors in the past year alone. CoStar Group's industry-leading suite of brands, including CoStar, Apartments.com, Homes.com, LoopNet, STR, Ten-X, BizBuySell, and Land.com, are home to the most up-to-date real estate information, analytics and online marketplaces. Recognized for its rapid growth and innovation, CoStar Group has earned placements on Forbes’ 100 Most Innovative Growth Companies and Fast Tech 25, as well as Fortune’s 100 Fastest Growing Companies. Andrew Florance has been honored with numerous accolades, such as Globee Visionary Leader of the Year, Globee CEO of the Year, and inclusion in Commercial Observer’s 30 Most Powerful People in Commercial Real Estate Proptech, Inman’s Power Player list, Commercial Observer’s Power 100, and the SP 200 Real Estate’s Most Powerful and Influential List. Beyond his professional achievements, Andy Florance is passionate about contributing to the community. He serves on the Cathedral Chapter of the Washington National Cathedral, the Board of Visitors for Virginia Commonwealth University, and Management Leadership for Tomorrow, a nonprofit dedicated to developing diverse leaders.