CoStar Real Estate Manager

1 Review 5/5

Enterprise lease accounting and lease administration for organizations with complex real estate footprints.

Product Overview

CoStar Real Estate Manager brings together lease accounting, lease administration, transaction management, and portfolio intelligence in one integrated platform. Automate journal entries, disclosures, amortization schedules, and month-end close, while tracking every lease detail, from critical dates to rent obligations, in a single source of truth.

With enterprise-grade controls, data import tools, and audit-ready transparency, the platform is purpose-built to support organizations managing high-volume, multi-site, or global real estate and equipment lease portfolios.

Pros

  • Integrates with CoStar's real estate market data
  • Strong bulk data import and ETL capabilities for large portfolios
  • Configurable options to support complex lease structures

Cons

  • Support response times may vary during peak periods
  • New users experience a learning curve during initial rollout
  • Platform depth may require training to fully leverage all capabilities

Target Market

CoStar Real Estate Manager is designed for large enterprises operating extensive commercial real estate portfolios with both real estate and equipment leases.

CoStar Real Estate Manager centralizes lease data, automates accounting workflows, and provides real-time visibility across your entire property portfolio. Built to support ASC 842 and IFRS 16 compliance, the platform helps finance, accounting, and corporate real estate teams work in sync, reduce risk, and make confident, data-backed decisions.

Key Features

  • Audit details in every report
  • Continuous lease change alerts
  • Automated lease remeasurements
  • Automated retrospective true-up journal entries
  • Discount rate matching
  • Automated disclosure and roll-forward reporting
  • Integrated CoStar market data
  • Portfolio planning analysis
  • Automated renewal projects
  • Automated critical date notifications
  • Real estate to accounting workflow
  • Automated rent payments

Additional Functionalities

  • Lease accounting automation
  • Lease administration and data governance
  • Portfolio planning and optimization
  • Transaction and site selection workflow support
  • Construction and project cost tracking

Target Market

Best suited for organizations with 100+ real estate and/or equipment leases in their commercial real estate portfolio. Useful for organizations that require advanced lease accounting compliance and real-time property listing management. Ideal for:

  • Corporate real estate teams
  • Retail and restaurant brands with distributed footprints
  • Healthcare, industrial, and financial service organizations
  • Lease administration and outsourcing service providers

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User Reviews of CoStar Real Estate Manager

Anonymous
Overall
★★★★★
★★★★★

CoStar Real Estate Manager Review

November 15th, 2018 • Roles: Purchaser & End User

I use CoStar on a daily basis for numerous different tasks I have.

It’s easy to navigate. I’ve used different types of database systems before. Jumping in was kind of self-explanatory, how to get to different areas, which is nice.