CoStar Group Acquires Ag-Analytics, Augmenting Land.com Services and Capabilities
CoStar Group (NASDAQ: CSGP) has acquired agricultural data company Ag-Analytics, enhancing its Land.com platform with agricultural land sector capabilities. The acquisition integrates Ag-Analytics' AcreValue platform, which provides valuations on 2.8 million land parcels and serves 1.5 million registered users across 48 contiguous states.
The integration will enhance Land.com's offerings with comprehensive data including geographical information, soil composition, elevations, and historical data. Ag-Analytics maintains a strategic alliance with Farmer Mac in the agricultural credit market, where farm sector real estate debt totals $355 billion. The acquisition targets the farm sector real estate market, representing a $3.4 trillion asset class, aiming to maximize revenue and provide increased value for clients.
CoStar Group (NASDAQ: CSGP) ha acquisito la società di dati agricoli Ag-Analytics, potenziando la sua piattaforma Land.com con capacità nel settore delle terre agricole. L'acquisizione integra la piattaforma AcreValue di Ag-Analytics, che fornisce valutazioni su 2,8 milioni di appezzamenti di terra e serve 1,5 milioni di utenti registrati in 48 stati contigui.
L'integrazione migliorerà le offerte di Land.com con dati completi, inclusi informazioni geografiche, composizione del suolo, altitudini e dati storici. Ag-Analytics mantiene un'alleanza strategica con Farmer Mac nel mercato del credito agricolo, dove il debito immobiliare del settore agricolo ammonta a 355 miliardi di dollari. L'acquisizione mira al mercato immobiliare del settore agricolo, che rappresenta una classe di attività da 3,4 trilioni di dollari, con l'obiettivo di massimizzare i ricavi e fornire un valore aumentato per i clienti.
CoStar Group (NASDAQ: CSGP) ha adquirido la empresa de datos agrícolas Ag-Analytics, mejorando su plataforma Land.com con capacidades en el sector de tierras agrícolas. La adquisición integra la plataforma AcreValue de Ag-Analytics, que proporciona valoraciones sobre 2.8 millones de parcelas de terreno y atiende a 1.5 millones de usuarios registrados en 48 estados contiguos.
La integración mejorará la oferta de Land.com con datos completos que incluyen información geográfica, composición del suelo, elevaciones y datos históricos. Ag-Analytics mantiene una alianza estratégica con Farmer Mac en el mercado de crédito agrícola, donde la deuda inmobiliaria del sector agrícola asciende a 355 mil millones de dólares. La adquisición tiene como objetivo el mercado inmobiliario del sector agrícola, que representa una clase de activos de 3.4 billones de dólares, con el fin de maximizar los ingresos y proporcionar un mayor valor a los clientes.
코스타 그룹 (NASDAQ: CSGP)이 농업 데이터 회사 Ag-Analytics를 인수하여 Land.com 플랫폼에 농업 토지 부문 기능을 강화했습니다. 이 인수는 280만 개의 토지 필지에 대한 평가를 제공하고 48개 인접 주에서 150만 명의 등록 사용자를 대상으로 하는 Ag-Analytics의 AcreValue 플랫폼을 통합합니다.
통합을 통해 Land.com의 제공 내용이 지리 정보, 토양 구성, 고도 및 역사적 데이터를 포함한 포괄적인 데이터로 향상됩니다. Ag-Analytics는 농업 신용 시장에서 Farmer Mac과 전략적 제휴를 유지하고 있으며, 농업 부문 부동산 부채는 3,550억 달러에 달합니다. 이 인수는 3.4조 달러의 자산 클래스를 나타내는 농업 부문 부동산 시장을 목표로 하여, 수익을 극대화하고 고객에게 더 많은 가치를 제공하는 것을 목표로 합니다.
CoStar Group (NASDAQ: CSGP) a acquis la société de données agricoles Ag-Analytics, renforçant sa plateforme Land.com avec des capacités dans le secteur des terres agricoles. Cette acquisition intègre la plateforme AcreValue d'Ag-Analytics, qui fournit des évaluations sur 2,8 millions de parcelles de terre et sert 1,5 million d'utilisateurs enregistrés dans 48 États contigus.
L'intégration améliorera les offres de Land.com avec des données complètes, y compris des informations géographiques, la composition du sol, les altitudes et des données historiques. Ag-Analytics maintient une alliance stratégique avec Farmer Mac sur le marché du crédit agricole, où la dette immobilière du secteur agricole s'élève à 355 milliards de dollars. L'acquisition cible le marché immobilier du secteur agricole, représentant une classe d'actifs de 3,4 billions de dollars, visant à maximiser les revenus et à fournir une valeur accrue aux clients.
CoStar Group (NASDAQ: CSGP) hat das Agrardatenunternehmen Ag-Analytics übernommen, wodurch die Land.com-Plattform um Funktionen im Agrarlandsektor erweitert wird. Die Übernahme integriert die AcreValue-Plattform von Ag-Analytics, die Bewertungen für 2,8 Millionen Grundstücke bereitstellt und 1,5 Millionen registrierte Nutzer in 48 benachbarten Bundesstaaten bedient.
Die Integration wird das Angebot von Land.com mit umfassenden Daten verbessern, einschließlich geografischer Informationen, Bodenbeschaffenheit, Höhenlagen und historischen Daten. Ag-Analytics unterhält eine strategische Allianz mit Farmer Mac auf dem Markt für Agrarkredite, wo die Immobilienverschuldung im Agrarsektor 355 Milliarden Dollar beträgt. Die Übernahme zielt auf den Immobilienmarkt im Agrarsektor ab, der eine Vermögensklasse von 3,4 Billionen Dollar repräsentiert, und hat das Ziel, die Einnahmen zu maximieren und den Kunden einen höheren Wert zu bieten.
- Access to 1.5 million registered AcreValue users and data on millions of land parcels
- Entry into $3.4 trillion farm sector real estate market
- Strategic alliance with Farmer Mac for agricultural credit market access
- Enhancement of Land.com platform with comprehensive land data analytics
- None.
Insights
This strategic acquisition marks CoStar's calculated entry into the $3.4 trillion agricultural real estate market, significantly expanding its data analytics capabilities beyond traditional commercial and residential properties. The integration of AcreValue's sophisticated land analytics platform with Land.com creates a powerful synergy that addresses a critical gap in the rural real estate market.
The deal's strategic value lies in three key components: First, the immediate addition of 2.8 million land parcel valuations and 1.5 million registered users substantially expands CoStar's market reach. Second, the partnership with Farmer Mac provides a direct channel into the $355 billion agricultural credit market, opening new revenue streams through financing facilitation. Third, the integration of detailed land analytics (soil composition, elevations, and historical data) into Land.com listings creates a comprehensive platform that could become the industry standard for rural property transactions.
The acquisition aligns perfectly with CoStar's strategy of building comprehensive real estate ecosystems through data integration. By combining AcreValue's specialized agricultural analytics with Land.com's marketplace infrastructure, CoStar is positioning itself as the dominant player in the previously fragmented agricultural land data market. This move could generate significant revenue through enhanced subscription services, increased listing fees, and potential financing intermediation.
The integration of Ag-Analytics' technology stack with CoStar's existing platforms presents substantial cross-selling opportunities across their various real estate verticals. The company can now offer institutional investors and lenders a complete solution for both urban and rural property investments, potentially increasing average revenue per user while creating higher barriers to entry for competitors.
Land.com will incorporate valuations on 2.8 million parcels of land provided by Ag-Analytics’ AcreValue platform
AcreValue provides an innovative outlet for farmers, land investors, land professionals and landowners to gather the most accurate insights and data on agricultural land. With the most comprehensive set of land data in one easy-to-use site, AcreValue provides the fastest way to prospect and learn about any piece of land, comp sales and its current valuations. AcreValue covers the 48 contiguous states, serving as the leading solution for farmland and non-residential land analytics in the
Land.com, CoStar Group’s premier marketplace for discovering, buying, and selling rural real estate, will incorporate AcreValue’s reports and analytics into all applicable listings. These reports include geographical data, soil composition, elevations, historical and other information. With 1.5 million registered users on AcreValue and data on tens of millions of parcels, this integration will provide even greater exposure and deeper insights for clients.
Ag-Analytics has a strategic alliance with Farmer Mac, the nation’s secondary market for agricultural credit, where the farm sector real estate debt currently totals
“The addition of Ag-Analytics services into the Land.com platform is yet another example of how CoStar Group blends best in class platforms and leading analytics to support real estate owners, brokers, operators, and professionals,” said CoStar Group Founder and Chief Executive Officer Andy Florance. “We have identified a massive market potential, with farm sector real estate alone representing a
"We are excited to join CoStar and be part of its industry-leading real estate network," says Joshua Woodard, Founder of Ag-Analytics. "AcreValue and Land.com bring strong synergies in land data and analytics, expanding our ability to provide valuable insights and innovative solutions to landowners and buyers."
Ag-Analytics was founded in 2018 and is headquartered in
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, and online marketplaces. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands include STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the
CoStar Group’s websites attracted over 163 million average monthly unique visitors in the third quarter of 2024, serving clients around the world. Headquartered in
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News Media
Matthew Blocher
CoStar Group
(202) 346-6775
mblocher@costargroup.com
Source: CoStar Group
FAQ
What is the value of the farm real estate market that CSGP is targeting through the Ag-Analytics acquisition?
How many registered users does AcreValue bring to CSGP through the acquisition?
How many land parcels will CSGP's Land.com platform gain valuations for through AcreValue?
What is the current farm sector real estate debt that CSGP can access through Farmer Mac partnership?
How many states does the AcreValue platform cover for CSGP's land analytics?
