CoStar Real Estate Manager 2026: Benefits, Features & Pricing

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On this page

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

Scott C.

Verified reviewer

Restaurants

10000+ employees

Used daily for less than 12 months

Review source

Reviewed December 2022

Reivew

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

search features, accounting flexibility.

Cons:

flexibility for physical rather than monthly periods and percent rent calculations.

Christina R.

Verified reviewer

Medical Devices

11-50 employees

Used daily for less than 2 years

Review source

Reviewed April 2024

Effective Lease and Property Managing Approach

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The program has an extensive guide in matters lease management, and the documents required.

Cons:

The software has made the property management work efficient and no faults experienced.

Verified

Reviewer

Real Estate

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed August 2019

Up to the Users to Update Listings

I don't know what other software is like this one. Everyone uses this software so it's hard to switch to something that no one knows about. Overall, it gets the job done

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I love how you can find every single commercial property on here. it's concise and you can find out what you want to find out (usually). When managing your listings, you can see a performance report which is the greatest thing about this.

Cons:

Brokers don't always update the listings or they purposely leave off information. Cold calling is still a thing with this software, it just gives you a base and a prep before your call in my opinion.

Jim J.

Verified reviewer

Transportation/ Trucking/ Railroad

10000+ employees

Used monthly for more than 2 years

Review source

Reviewed November 2021

Lease Administration & Accounting

I encourage anyone using or considering Costar, to attend their annual Customer appreciation event in November. You will not be disappointed......they simply have a more "mature" product!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

(1) Lease Administration & ASC 842 Reporting are "best in class", (2) Workflow is simply the best, in comparison to other leading software which makes you scroll to multiple screens.

Cons:

N/A-Costar is the best combined "Lease Administration" and "Lease Accounting" tool on the market! They have XX% of the market (yes, I know the exact % but I did not narrow on Costar, because they were the biggest I support the decision because they are the best and most mature software option)

Reasons for choosing CoStar Real Estate Manager

See above-Costar is a significantly more mature product and met our high expectations from our external auditors (PWC and Deloitte) and internal Auditors (SOX)

Reasons for switching to CoStar Real Estate Manager

Core functionality-Costar is a significantly more mature product. Also, one change was driven by 3rd party R/E Lease Administration solution and that vendor ONLY uses Costar.

Hyun Ji C.

Verified reviewer

Financial Services

10000+ employees

Used daily for more than 2 years

Review source

Reviewed January 2023

Review of lease accounting function of CoStar Real Estate Manager

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

I like the fact CoStar can be a database for all types of leases (real estate, equipment, etc) and at the same time become a tool for ASC842/IFRS16 lease accounting standard. This makes it easy to reconcile accounting reports back to lease data, and also having access to one application can allow users view both lease data and lease accounting data.

Cons:

Reporting dataset is a bit complicated, I was wondering if all the fields can be included from all the datasets. Also we cannot see the list of the data fields available in each of reporting dataset until we actually choose it and look through the list. Also we want a simple and easy rollforward of overall lease accounting schedules, the current report is very complicated to interpret or explain.

Cheryl M.

Verified reviewer

Airlines/ Aviation

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed December 2022

CoStar review

Overall my experience is good but more training is needed to fully understand all the features.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

For the most part CoStar is easy to use.

Cons:

Customer service and follow up is terrible. I need responses right away and sometimes it takes days for the issue to be resolved.

Reasons for choosing CoStar Real Estate Manager

It wasn't my decision but we have fought to keep it.

Mei M.

Verified reviewer

Pharmaceuticals

10000+ employees

Used daily for less than 12 months

Review source

Reviewed January 2023

User Friendly with great customer support

I am admin and working very closely between the user and CoStar Real Estate Manager support. I do receive valuable feedback from the user and provide to Costar for further system improvement.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The system is very easy to use and navigate; As system admin, the strong customer support we received from Costar is just a plus

Cons:

There are always rooms for improvement but it does not seem to be any time soon

Reasons for choosing CoStar Real Estate Manager

The system is very user friendly and easy to navigate when compared to other similar systems I had experienced with.

Reasons for switching to CoStar Real Estate Manager

management decision to select a system that will work for ASC 842 requirement

Alesa R.

Verified reviewer

Commercial Real Estate

51-200 employees

Used daily for less than 2 years

Review source

Reviewed November 2018

Costar - Great Customer Support

It has been great - love that if I have a question the Costar team will answer quickly and even stop by the office to help with any issues I am having. They are great at keeping us up to date on all the latest additions to the software.

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

Love that you can quickly get all listings of for lease or for sale property in a city or a trade area or a polygon that you create yourself.

Cons:

So many different tools in Costar, I am sure I am not utilizing the software to its fullest potential.

Rodrigo L.

Verified reviewer

Telecommunications

5001-10000 employees

Used daily for less than 2 years

Review source

Reviewed December 2022

Costar Cirion

it has been a good experience, we have not yet been able to integrate the automation of payments, but it is a software that has helped us in our database

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

it is an easy product to usethe integration was difficult, but we managed to do it

Cons:

the report is complex to put the parameters... I can't request everything I want

Jeff R.

Verified reviewer

Warehousing

201-500 employees

Used weekly for less than 6 months

Review source

Reviewed May 2018

Beware! They will renew your agreement even if you do not want it.

We really did not see a benefit, it was a waste of time to have my team chase down dead contacts and contacts that were gone. When they did reach someone they wanted nothing to do with our company and were mad at Costar too.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

They do have a lot of listings, and it is easy to use. The listings that are not renewals show pictures on most of the listings.

Cons:

We were using the software to target new businesses moving into our territory and I was assured that they would have contacts we could talk to about our services. Unfortunately the reality was that many contacts were outdated. Some had been gone from the company for several years or even deceased. When I sent the contacts to be researched, nothing happened and I was told we could still use the service as we now know about companies moving. I could get that information much cheaper and even free. When it comes time to cancel, they have conveniently buried an auto-renew policy in the contract, something that is not even legal in Chicago and are trying to get me to pay for a service that never worked as promised.

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