CoStar Group hires Freddie Mac's Christian Lown as CFO
Briefly

Christian Lown will transition from CFO of Freddie Mac to the same position at CoStar Group, with a strong background in finance, capital markets, and real estate knowledge.
CoStar reported high revenues but low net profit due to strategic acquisitions and marketing costs, aiming for success amidst changing market dynamics.
Lown's move to CoStar signifies recognition of the company's growth from startup to industry leader in real estate data and online marketplaces.
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