CoStar CFO To Step Down, Firm's European Head To Replace Him

CoStar Group’s chief financial officer is departing at the end of the month. Christian Lown is leaving July 31 to pursue an opportunity outside of the industry, the Arlington-based real estate data firm announced Monday. Robin Rossmann, who leads CoStar’s European operations, will take his place. The transition will occur just days after CoStar reports its second-quarter earnings on July 28. It also comes as CoStar faces pressure from investors over its spending on Homes.com, the Washington Business Journal reported.   CoStar’s stock was down 4% Tuesday morning. Lown served as CoStar’s CFO for two years and previously served as the CFO of Freddie Mac....