CoStar Real Estate Manager
1 Review 5/5 ★ ★ ★ ★ ★Lease accounting software for large enterprises involved in commercial real estate.
Product Overview
CoStar Real Estate Manager is a lease accounting software. Key features include lease analysis, categorization capabilities, and support for lease accounting standards. It streamlines lease management processes, from data importation to rent calculation, and offers tools for data management and audit trails.
CoStar Real Estate Manager provides a data import tool, customizable charges, multi-currency conversion, and a rent calculation module.
Pros
- Provides extensive commercial property listings and performance reports
- Strong knowledge database and ETL functionality for mass updates
- Quick access to all property listings for lease or sale in various regions
Cons
- Some listings not updated regularly
- Slow response times for support tickets
- Steep learning curve
Target Market
Large enterprises involved in commercial real estate with 1,000 to over 10,000 employees. Useful for organizations that require advanced lease accounting compliance and real-time property listing management.CoStar Real Estate Manager is a lease accounting software, providing access to precise real estate and lease information. The software ensures adherence to FASB and IASB accounting standards. Additionally, it enables users to perform various tasks such as generating reports, creating journal entries, and other essential functions for effective real estate and lease management.
Key Features
- Lease Origination: Assists with establishing new lease agreements through customizable templates.
- Rent Tracking: Schedules and monitors rent payments.
- Property Management: Stores all property details including location, type, size and status (for rent or sale).
- Compliance Management: Helps comply with local, state, and federal regulations through accurate record-keeping and reporting.
- Tax Management: Helps automate property taxes to maintain compliance with tax obligations.
- Insurance Management: Stores policy details, insurance certificates, and claims documentation.
- Critical Date Notifications: Set up lease agreement alerts for termination dates, renewal options, and rent reviews.
Additional Functionalities
- Lease accounting
- Lease administration
- Portfolio management
- Portfolio planning
- Projects and construction management
- Transaction management
Target Market
- Corporate real estate
- Retail and restaurant
- Service providers
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User Reviews of CoStar Real Estate Manager
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CoStar Real Estate Manager Review
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.
