By CoStar Real Estate Manager
Updated On 8th Sep 2024
CoStar Real Estate Manager is a leading platform designed for managing office and retail leases, offering advanced automation for audit controls, accounting compliance, and portfolio evaluation. The platform is particularly beneficial for accounting and real estate teams, providing tools to streamline complex lease operations and ensure compliance with standards like ASC 842 and IFRS 16. CoStar Real Estate Manager is known for its enterprise-class security, automated processes, and integration of market data, which together enhance data accuracy and reporting throughout the lease lifecycle. It offers features such as automated rent payments, lease renewals, and critical date notifications, helping businesses optimize their real estate portfolios and find cost-saving opportunities. The company is highly recommended by service providers and is supported by resident CPAs and commercial real estate experts, ensuring users receive robust support and implementation services.