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MY'STORY

The MOVE Fire

This is a personal recollection on the Move fire on May 13, 1985 Philadelphia police fired thousands of rounds at the MOVE house, city officials approved dropping an explosive device on the roof, the resulting fire was allowed to burn, 11 people—including five children—died, and 61 homes were destroyed. Philadelphia City Council later called it a “brutal attack carried out by the City of Philadelphia on its own citizens” and acknowledged that no individual faced criminal consequences for the bombing. One timeline correction worth preserving for the BHP record: the major previous MOVE-police confrontation was August 8, 1978, about seven years before the bombing, not a year or two earlier. Officer James Ramp was killed, other police and firefighters were wounded, nine MOVE members were later convicted, and television cameras recorded police beating Delbert Africa during his arrest. The 1985 MOVE Commission later specifically criticized city planners for failing to adequately use lessons from that 1978 confrontation. And that actually strengthens the point you’re making: 1985 did not happen without precedent or institutional memory. There had already been a deadly confrontation with MOVE, years of conflict, negotiations and police involvement before Osage Avenue.

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BLACK FACTS
The Truths They Never Taught You...

The Violence That Helped Spark the NAACP

In August 1908, a white mob attacked Springfield, Illinois’s Black community, destroying homes and businesses and lynching two Black men. National outrage over the violence helped spur the movement that created the NAACP the following year.

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BHP gathered finds from its connected research sources. Showing the 4 strongest Black History matches.
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Wikipedia

LoopNet

LoopNet, Inc.
TypeSubsidiary
Nasdaq: LOOP (2006-2012)
IndustryTechnology
Founded1995; 31 years ago (1995)
FounderDennis DeAndre
Headquarters1331 L St NW, ,
Key peopleAndrew Florence (CEO)
Products
  • Listing plans
  • Media packages
  • Search tools
Number of employees
100
ParentCoStar Group
Websitewww.loopnet.com

LoopNet is an online marketplace for commercial property, providing property listings and marketing solutions for property owners. Founded in 1995 by Dennis DeAndre in San Francisco, the company initially focused exclusively on providing an internet platform for commercial property listings but has since expanded to offer a comprehensive suite of digital solutions for the commercial real estate industry. As of 2025, LoopNet is considered the leading commercial real estate digital marketplace, with more than 12 million unique monthly visitors. Today, LoopNet operates as a subsidiary of CoStar Group, which acquired the company in 2012 for approximately $860 million. The company is currently led by CEO Andrew Florence.

The company has multiple subsidiary services, including BizBuySell for business listings, Ten-X, the technology behind the online auctions, CityFeet for urban commercial space, and Showcase for commercial properties. LoopNet also offers LoopLink, a professional property search technology that can be integrated directly into commercial real estate brokers', owners', and Economic Development Corporations' websites, allowing them to manage listings in one centralized location while simultaneously updating their information across CoStar, LoopNet, and their own websites.

History

[edit]

LoopNet was founded in 1995 by Dennis DeAndre. Working alongside engineer Steve Midgley, the two built LoopNet into the internet's largest commercial real estate listing service. LoopNet underwent three rounds of private venture capital financing in 1997 (Indo Suez), 1998 (Trinity Capital & Partners)[1] and $20 million in 1999 from fourT5 real estate brokers.[2]

LoopNet was an early venture in Internet-based user-created content. As early as October 1996 virtually all of its commercial property listings were being entered by its users directly. Over time, LoopNet added the capability to import listings in an automated manner. [citation needed]

In 2001, the company merged with PropertyFirst.com.[3]

In June 2006, the company became a public company via an initial public offering.[4] At that time, the company had 360,000 commercial properties for sale or lease.[5]

LoopNet acquired BizBuySell (2004),[6] CityFeet (2007),[7] REApps (2008),[8] Land & Farm/Lands of America (2008) and Bizquest (2010).[9]

In April 2012, CoStar Group acquired LoopNet for approximately $860 million in cash and stock.[10]

In 2014, the company settled a trademark infringement lawsuit that it brought against Dotloop.[11]

In 2020, to address rapid changes occurring in the COVID-19 commercial real estate market, the company added significant virtual tour capabilities.[12]

In 2022, LoopNet expanded its international presence by launching LoopNet.co.uk, migrating the UK commercial property portal Realla.co.uk into the LoopNet brand. This move established a dedicated platform for the UK market. In 2025, the company further extended its reach into Europe with the launch of LoopNet.es and LoopNet.fr, targeting the Spanish and French commercial real estate sector.

Business

[edit]

LoopNet connects tenants and buyers with owners over an open and free network.[13] As of April 2023, LoopNet had more than 12 million unique monthly visitors.[citation needed]

LoopNet's business model involves selling memberships to its site to those that lease or sell Commercial Real Estate. Paid or Premium Membership confers additional benefits with a free model existing but only showing those listings to groups with CoStar membership.[14]

Products and services

[edit]

LoopNet provides a suite of digital solutions for commercial real estate professionals, organized around three core functions: property discovery, marketing and advertising, and integrated listing technologies.

International Expansion

[edit]

While LoopNet originally operated solely through its U.S.-based platform, the company began expanding internationally in 2022. These regional expansions aim to localize the user experience and concentrate listing inventory by geography, while still supporting global access through LoopNet.com. Each country-specific domain focuses primarily on commercial property listings within its respective market.

  • LoopNet.ca launched in February 2022, targeting the Canadian commercial real estate sector.
  • LoopNet.co.uk went live in November 2022, offering listings and services tailored to the United Kingdom.[15]
  • LoopNet.es was introduced in April 2025 to serve the Spanish market.[16]
  • LoopNet.fr followed in March 2025, focusing on commercial property in France.

LoopNet.com continues to host global listings and is accessible worldwide, but localized platforms provide region-specific marketing solutions, regulatory alignment, and curated inventory to better serve local markets.

Property Listing Marketplace

[edit]

At its core, LoopNet operates a commercial real estate listing platform used by brokers, property owners, investors, and tenants. The marketplace covers a wide range of property types, including:

  • Office
  • Industrial
  • Retail
  • Restaurant
  • Shopping Centers
  • Multifamily
  • Healthcare
  • Hospitality
  • Sports & Entertainment
  • Land
  • Specialty use
  • Residential Income

Listings placed on LoopNet can be syndicated across affiliated CoStar Group platforms such as CoStar, CityFeet, and Showcase, expanding reach and exposure to broader buyer and tenant audiences.


[edit]

In CoStar Group, Inc. v. LoopNet, Inc. (2006), in which Loopnet prevailed, it was determined that Loopnet, as an operator of a website, was no different from Netcom, then an internet service provider, and was not responsible for copyright infringements by its users. This ruling established precedent for copyright liability protection for many websites. It followed the Religious Technology Center v. Netcom case (better known as Scientology vs. the Internet). LoopNet demonstrated that it policed any user violations after the fact. The court did not require the company to stop future violations before they occur. Such a ruling could have effectively shut down LoopNet's website as well as those of many application service providers. CoStar unsuccessfully argued that LoopNet was an active party to the violations and thereby guilty of copyright infringement.

References

[edit]
  1. ^ "Startup muse". Forbes. 17 August 1999.
  2. ^ Robson, Douglas; Feuerstein, Adam (12 December 1999). "Real estate giants bankroll LoopNet". American City Business Journals.
  3. ^ Reagin, Misty (18 July 2001). "LoopNet and PropertyFirst.com complete merger". National Real Estate Investor.
  4. ^ "LoopNet, Inc. Prices Initial Public Offering" (Press release). Business Wire. 7 June 2006.
  5. ^ Gelsi, Steve (5 June 2006). "LoopNet undaunted, looking to IPO". MarketWatch.
  6. ^ Writer, | Staff. "LoopNet buys BizBuySell". Inman. Retrieved 15 September 2020.
  7. ^ "LoopNet Laces Up CityFeet Shoes". Motley Fool. 14 November 2016. Retrieved 4 March 2022.
  8. ^ "REApplications Acquired By LoopNet". SoCAl Tech. 9 April 2008. Retrieved 4 March 2022.
  9. ^ "LoopNet offers commercial real estate data, comps". Bradley Inman. 25 March 2011.
  10. ^ Sernovitz, Daniel J. (30 April 2012). "CoStar Group completes LoopNet deal". American City Business Journals.
  11. ^ Brownfield, Andy (22 July 2014). "Dotloop settles trademark lawsuit". American City Business Journals.
  12. ^ "LoopNet Launches CoTour to Conduct Virtual Tours in Real-Time". www.businesswire.com. 4 May 2020. Retrieved 15 September 2020.
  13. ^ Cohen, Joyce (13 April 2007). "Finding a Vacant Lot to Buy". The New York Times. ISSN 0362-4331. Retrieved 23 April 2019.
  14. ^ Best Stock for 2008: LoopNet Motley Fool, December 31, 2007
  15. ^ "World's First and Largest Commercial Property Online Marketplace Launches in the UK" (Press release). CoStar Group. 14 November 2022.
  16. ^ "CoStar launches commercial property marketplace LoopNet in Spain". AIM Group. 25 April 2025.
[edit]

Source: Wikipedia. Article content is retrieved live through the MediaWiki API.

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Wikipedia

LoopNet

LoopNet is an online marketplace for commercial property, providing property listings and marketing solutions for property owners. Founded in 1995 by Dennis DeAndre in San Francisco, the company initially focused exclusively on providing an internet platform for commercial property listings but has since expanded to offer a comprehensive suite of digital solutions for the commercial real estate industry. As of 2025, LoopNet is considered the leading commercial real estate digital marketplace, with more than 12 million unique monthly visitors. Today, LoopNet operates as a subsidiary of CoStar Group, which acquired the company in 2012 for approximately $860 million. The company is currently led by CEO Andrew Florence. The company has multiple subsidiary services, including BizBuySell for business listings, Ten-X, the technology behind the online auctions, CityFeet for urban commercial space, and Showcase for commercial properties. LoopNet also offers LoopLink, a professional property search technology that can be integrated directly into commercial real estate brokers', owners', and Economic Development Corporations' websites, allowing them to manage listings in one centralized location while simultaneously updating their information across CoStar, LoopNet, and their own websites.

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Wikipedia

CoStar Group, Inc. v. LoopNet, Inc.

CoStar Group, Inc. v. LoopNet, Inc., 373 F.3d 544 (4th Cir. 2004), is a United States Court of Appeals for the Fourth Circuit decision about whether LoopNet should be held directly liable for CoStar Group’s copyrighted photographs posted by LoopNet’s subscribers on LoopNet’s website. The majority of the court ruled that since LoopNet was an Internet service provider ("ISP") that automatically and passively stored material at the direction of users, LoopNet did not copy the material in violation of the Copyright Act. The majority of the court also held that the screening process by a LoopNet employee before the images were stored and displayed did not alter the passivity of LoopNet. Judge Gregory dissented, stating that LoopNet had engaged in active, volitional conduct because of its screening process.

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Wikipedia

Yonkers, New York

Yonkers ( ) is a city in Westchester County, New York, United States. With a population of 211,569 at the 2020 census, its highest decennial census count ever, Yonkers is the third-most populous city in New York state and the most populous city in Westchester County. Yonkers is classified as an inner suburb of New York City, immediately north of the Bronx and approximately 2.4 miles (4 km) north of Marble Hill (the northernmost point in Manhattan). Yonkers is a centrally located municipality within the New York metropolitan area. Downtown Yonkers is centered on Getty Square, where the municipal government is located. The downtown area, which also houses local businesses and nonprofit organizations, is a retail hub for the city and the northwest Bronx. Major shopping areas are in Getty Square on South Broadway, at the Cross County Shopping Center and the Ridge Hill Mall, and along Central Park Avenue. The city has a number of attractions, including Tibbetts Brook Park, Untermyer Park and Gardens, the Hudson River Museum, the Saw Mill River, the Science Barge, Sherwood House, and access to the Hudson River. Yonkers is also known as the City of Seven Hills: Park, Nodine, Ridge, Cross, Locust, Glen, and Church Hills. The city has continued to experience significant gentrification in the 21st century.

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Wikipedia

Warehouse

A warehouse is a building for storing goods. They are usually large plain buildings, often in industrial parks on the rural–urban fringe of cities, towns, or villages. Warehouses usually have loading docks accessible to trucks. Sometimes warehouses are designed for the loading and unloading of goods directly from railways, airports, or seaports. They often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets and then loaded into pallet racks. Stored goods can include any raw materials, packing materials, spare parts, components, or finished goods associated with agriculture, manufacturing, and production. In India and Hong Kong, a warehouse may be referred to as a godown. There are also godowns in the Shanghai Bund.

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TOPIC OF THE DAY

Greenwood / Black Wall Street

Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.

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TRIVIA QUESTION OF THE DAY

Which heavyweight champion was known as the “Brown Bomber”?

Joe Louis.