CoStar Real Estate Manager 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
User Reviews

Overview

CoStar Real Estate Manager

4.4

(30)

Pricing

Starting at $5.00 per month

About CoStar Real Estate Manager

Lease Accounting Software by CoStar helps enterprises analyze and categorize leases to streamline processes related to new lease accounting, rent obligations, percentage calculations, taxes indexing, adjustment and more. The platform includes a data import tool, which enables businesses to migrate data, create amortization schedules and receive notifications for renewals or status updates.

Lease Accounting Software comes with a data management functionality, which lets users manage real estate equipment/assets, accounting workflow and audit trail. The solution offers a host of features such as customizable charges, multi-currency conversion, planned rent revision, account receivables, reminders and more. Additionally, the rent calculation module facilitates automated monthly, quarterly or annual breakpoints generation, transactions exclusion and due payments processing.

Lease Accounting Software allows managers to create forecast or summary reports, view amortization details and handle restatements of journal entries. Pricing is available on request and support is provided via phone, email and other online measures.

CoStar Real Estate Manager Screenshots

CoStar Real Estate Manager Pricing and Plans

Starting price: $5.00 per month

Free Trial

Free Version

Basic

$5.00

per month

No plan information available

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CoStar Real Estate Manager Features

Popular features found in Lease Management
Accounting
Billing & Invoicing
Commercial Leases
Contact Management
Document Storage
Expense Tracking
Lease Origination
Maintenance Management
Property Management
Residential Leases
Retail Leases
More features of CoStar Real Estate Manager
Amortization Schedule
Audit Trail
Budgeting/Forecasting
Cash Flow Analysis
Commercial Property Management
Critical Date Alerts
Currency Conversion
Document Management
Financial Management
Financial Reporting
Fixed Asset Management
For Equipment Leases
For Investors & Traders
For Property Managers
For Real Estate
Insurance Management
Multi-Currency
Payment Tracking
Portfolio Management
Property Database
Reminders
Rent Tracking
Strategic Planning
Tax Management

CoStar Real Estate Manager User Reviews

Overall Rating

4.4

Ratings Breakdown

60%

30%

Secondary Ratings

Ease of Use

4.4

Value for money

4.0

Customer support

4.2

Functionality

4.4

Adrienne W.

Verified reviewer

Real Estate

2-10 employees

Used monthly for more than 2 years

Review source

Reviewed November 2018

An Absolute Necessity!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This is a great product for anyone in the real estate industry. We are able to utilize this to make sure we are within market values, and to maintain our compliance with our leasing procedures and processes.

Cons:

I do wish the pricing was a little more cost effective, but overall, it's a great product!

Ravi K.

Verified reviewer

Pharmaceuticals

10000+ employees

Used daily for more than 2 years

Review source

Reviewed December 2022

CoStar - great application for lease management & accounting

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Lease accounting and amortization schedules are fully automated which makes this tool a worthy product.

Cons:

Some smart featured should be available to detect any wrong data being populated/inputted in CoStar.

Erin S.

Verified reviewer

Veterinary

10000+ employees

Used daily for less than 6 months

Review source

Reviewed December 2022

Meh

I don't love it.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The fact that there are subfolders within the documents to keep them more organized

Cons:

Can't edit individual sections. Hate having separate buildings and then a lease, just double the work. Not user friendly. No end user support unless you're an admin. No free training.

Kayla K.

Verified reviewer

Restaurants

10000+ employees

Used weekly for more than 2 years

Review source

Reviewed January 2023

Clunky software (though continually being updated/improved) that does the job for ASC842 and rent

Overall a pretty pleasant experience. They are quick to respond to critical issues that may impact rent payments for example, while slower on questions that may be security or audit related. It helps us pay rent on time and after a heavy lift, comply with ASC 842 requirements. Reporting tool is also very robust and easy to use (though you should have a user familiar with the various menus help designing reports to understand the differing data sets).

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Knowledge database is excellent, among best in class that I've used. ETL functionality has been helpful for mass updates, and user management is easy once you get the hang of it.

Cons:

Support ticket response times can be pretty slow, especially if it's an item that requires any research. SOX compliant security reviews for SOD's can be a beast to design, but their out of the box (now referenced on SOC-1) security reports have improved (you just need to identify among the changes reported which are key).

Steve C.

Verified reviewer

Telecommunications

10000+ employees

Used daily for more than 2 years

Review source

Reviewed January 2023

CoStar as a lease management application

Once i understood what I couldn't update/change as an admin, my experience has been very pleasant and also easy to explain to SOX auditors.

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

The vast majority of admin functionality is very easy to use and apply. Application support questions for admin functionality are quickly answered and resolved.

Cons:

CoStar is a SaaS application and therefore limited in access regarding more advanced admin needs.

Reasons for switching to CoStar Real Estate Manager

The old product was getting retired

Michele T.

Verified reviewer

Real Estate

2-10 employees

Used daily for more than 2 years

Review source

Reviewed December 2019

Use it to Get your Money's Worth

Since it is so expensive you have to use it to get you money's worth. Use the data, the market report generations and leverage that in your business. If you use that, you will have a good experience.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

CoStar has so many different features that it offers. It really is the one stop shop that you need when working in commercial real estate. I like how you can search CRE data, create market stats, and market your listings all in one spot.

Cons:

What I like least about CoStar is the price tag. It is expensive, but the data and the support you get from it outweighs the cost.

Mayank M.

Verified reviewer

Civil Engineering

10000+ employees

Used weekly for more than 2 years

Review source

Reviewed January 2023

Best software for lease management

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Ease of use and highly customizable software

Cons:

Few bugs in initial stages however support team resolved team quickly

Uma Ramalingeswara Rao V.

Verified reviewer

Mechanical or Industrial Engineering

10000+ employees

Used weekly for more than 2 years

Review source

Reviewed December 2022

CoStar Real Estate Lease application is more Sophisticated application

Overall having good experience with this tool.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

CoStar application is very user friendly application and designed with proper internal controls and overall this application is very well designed and advanced lease application. By using this application we can retrieve complicated lease accounting schedules in simpler way for US GAAP as well as respective IFRS GAAPs accounting and also this application we can use for end to end lease repository.

Cons:

No major points identified so far for improvements..

Verified

Reviewer

Used monthly for more than 2 years

Review source

Reviewed February 2018

Very Useful for property management

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This software is great for looking at market conditions in a specific area, reviewing competitors & gathering data for your own properties.

Cons:

Can be a little difficult to navigate. I had no training with the software and I had to play around with it a little to find the information I was looking for.

Verified

Reviewer

Real Estate

51-200 employees

Used other for less than 6 months

Review source

Reviewed April 2019

Great software for real estate managers