Exclusive: Loeb's Third Point plans to take aim at CoStar in new activist campaign, sources say

Core Viewpoint - Third Point, a hedge fund, is launching its first activist campaign in three years aimed at CoStar Group, which owns Apartments.com and Homes.com, to push for changes in board directors and operational restructuring [1] Company Summary - CoStar Group is the owner of Apartments.com and Homes.com, indicating its significant presence in the online real estate market [1] - The activist campaign by Third Point suggests potential dissatisfaction with CoStar Group's current management and strategic direction [1] Industry Summary - The involvement of activist investors like Third Point highlights ongoing trends in the real estate technology sector, where operational efficiency and governance are increasingly scrutinized [1] - The campaign may signal a shift in investor sentiment towards demanding more accountability and performance from companies in the real estate industry [1]