CoStar Group Inc., headquartered in Washington, D.C., has promoted Hans G. Nordby to managing director of its Property and Portfolio Research (PPR) division. In addition, Walter Page has joined PPR as director of research. Both will be based in PPR's Boston office.
Nordby has been with the PPR division since 2002 and was previously director of advisory services, where he managed custom strategic research efforts for large public and private pension funds, pension fund advisors, bank holding companies and real estate investment trusts. Page was formerly managing director of research at American Realty Advisors, vice president of research at Equity Office and vice president of research at LaSalle Investment Management, all in Chicago. (The guy can't hold a job, eh?)