For venture capitalists, all eyes are on China. Though venture investors have been looking across borders for several years now and continue to talk about new opportunities in places like India, Vietnam, Russia, Brazil and Israel, Chinese entrepreneurs seem to have done the best job at capturing their hearts, or at least their pocketbooks.

CoStar Group, Inc. , the number one provider of information/marketing services to the commercial real estate industry , today announced that Frank A. Carchedi has been named to the newly created position of Senior Vice President, Corporate Development, reporting directly to CoStar Group President and CEO Andrew C. Florance.