Where Real Estate Gets Its Dirt

CoStar Group and other PE firms looking at CoreLogic takeover

CoStar Group, private equity firms vying to acquire CoreLogic: sources

“CoStar Group Inc CSGP.O and a private equity consortium led by Warburg Pincus and GTCR are among the bidders seeking to acquire U.S. property data and analytics company CoreLogic Inc CLGX.N, people familiar with the matter said on Wednesday.

The interest in CoreLogic comes after investment firms Cannae Holdings Inc CNNE.N and Senator Investment Group LP made a $7 billion offer for the company and launched a campaign to take over its board of directors.”

Yikes! Looks like Foley may have ripped open a wormhole in the commercial-residential time-space continuum. You have to believe CoStar, who already owns Apartments.com, is looking for more escape routes from the much talked about impending commercial real estate apocalypse.

Sponsored By Lone Wolf