Zillow to acquire StreetEasy for $50M

Streeteasy.com - Intro Zillow, the nation’s largest real estate listings website, paid $50 million in cash Monday to acquire StreetEasy, another listings site based in New York City. The deal should help Zillow stay.

$50M. The price Zillow paid to buy StreetEasy in 2013. Before that purchase, Zillow had a strong national brand but was a bit player in New York.

Zillow to pay $50M for StreetEasy. In May 2012, Zillow paid $40 million for San Francisco-based rental management company RentJuice, and in November of the same year, shelled out $16 million to acquire rival HotPads .- Hiten Samtani.

2018-08-06  · Zillow Group to Acquire. The Zillow Group portfolio of consumer brands includes real estate and rental marketplaces Zillow ®, Trulia ®, StreetEasy.

Zillow to Acquire StreetEasy for $50 Million. By Gus Delaporte August 19, 2013 4:05 pm reprints. Seeking a stronger foothold in the New York market, Zillow, the national real estate website, has agreed to acquire StreetEasy for $50 million in cash, the companies announced today.

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The Zillow Group portfolio of consumer brands includes real estate and rental marketplaces Zillow®, Trulia®, StreetEasy. News Provided by Acquire. to Zillow.

Zillow will spend $50 million acquiring New york real estate website, StreetEasy, giving the online real estate site a deeper reach into a key housing market.

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Zillow buys StreetEasy for $50M, sells more stock. The offering was priced at $82 per share, below the stock’s Monday closing price of $84.74. Zillow shares shed $6.48, or more than 7 percent, during the regular session, then dropped another $1.59 in extended trading.

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Property listing website Zillow has bought New York City-focused StreetEasy for $50m (32m). The company said the acquisition was an effort to enter one of the most lucrative US housing markets.

To Cover New York, Zillow Buys a Rival Site. Both Zillow and Trulia have turned to acquisitions to help gain an edge. Trulia paid about $310 million in cash and stock this spring to buy another rival, Market Leader, in one of the biggest deals by far in the industry. The StreetEasy deal is much smaller.

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Have you been wondering about what your return on investment would be from the Zillow. Trulia, StreetEasy. it takes an estimated $743 per month to acquire.

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