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PublicLOOP
Date6/2006
Raised
Post IPO Valuation
Acquired byLoopNet
Price$860M
Date5/2012
TermsCash and Stock

General Information

Websiteloopnet.com
Blogblog.loopnet.com
Twitter@LoopNet
CategoryReal Estate
Phone(888) 567-7442
Employees300
Founded1/1995
DescriptionCommercial Real Estate Marketplace

Offices

LoopNet Headquarters
185 Berry Street
Suite 4000
San Francisco, CA, 94107
USA

People

Chief Technology Officer & Senior Vice President, Information Technology
President, LoopNet Marketplace Verticals
Vice President, Marketing
Vice President, Member Services
Director
Manager, Marketplace Verticals Analysis
Presidnet
Investor

Acquisitions

Total$869M
LoopNet, 5/2012 $860M
LandsofAmerica.com, 9/2010
REApplications, 5/2008 $9.4M

Investments

auctionpoint 3/2010

Funding

TOTAL $50M
FUNDING TOTAL $50M
Venture Round, 4/2009
Calera Capital
Trinity Ventures
Rustic Canyon Partners
$50M

Tags

LoopNet

LoopNet, Inc. is the leading online marketplace for commercial real estate and businesses for sale in the United States. The LoopNet.com online marketplace enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant. Commercial real estate brokers, agents, buyers and tenants use the LoopNet online marketplace to search for available property listings that meet their commercial real estate criteria. By connecting the sources of commercial real estate supply and demand in an efficient manner, LoopNet enables commercial real estate participants to initiate and complete transactions more cost-effectively. LoopNet also delivers technology and information services to commercial real estate organizations to manage their online listing presence and optimize property marketing.

LoopNet customers include virtually all of the top commercial real estate firms in the U.S., including CB Richard Ellis, Century 21 Commercial, Coldwell Banker Commercial, Colliers International, The CORE Network, Cushman & Wakefield, First Industrial Realty Trust, Grubb & Ellis, Jones Lang LaSalle, Lee & Associates, Lincoln Property Company, Marcus & Millichap, NAI Global, ONCOR International, Prudential CRES, RE/MAX, Sperry Van Ness, Staubach Retail and TCN Worldwide.

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Compete

Loopnet

Sources

  1. CoStar buys LoopNet for $860M (bizjournals.com) [edit]
  2. CoStar buys LoopNet for $860M (bizjournals.com) [edit]
  3. LoopNet Acquires Online Land-For-Sale Marketplace LandsOfAmerica (techcrunch.com) [edit]
  4. Cap Index Report [edit]
  5. LoopNet Announces Strategic Investment in AuctionPoint, The First Broker-Friendly Online Commercial Real Estate Auction Solution (businesswire.com) [edit]
  6. LoopNet Raises $50 Million PIPE (pehub.com) [edit]
  7. Citation Needed [add]
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Last Edited 2/19/14

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