By CoStar Real Estate Manager
Updated On 8th Sep 2024
CoStar Real Estate Manager is a comprehensive platform designed to streamline the entire lease lifecycle, offering solutions for lease accounting, lease administration, and real estate portfolio management. It is particularly well-suited for enterprises with complex real estate and equipment lease needs, providing industry-leading automation for audit controls and accounting compliance, including adherence to ASC 842 and IFRS 16 standards. The platform facilitates efficient lease management through features like automated rent payments, lease renewals, and critical date notifications. It also supports data importation, multi-currency conversion, and customizable charges, making it a versatile tool for global operations. Additionally, CoStar Real Estate Manager integrates real estate market data to aid in portfolio planning and decision-making, while offering robust reporting tools and enterprise-class security. The platform is backed by professional support, including resident CPAs and commercial real estate experts, ensuring users have the resources needed to manage their lease operations effectively.
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