CoStar Real Estate Manager
CoStar Real Estate Manager is a comprehensive cloud-based software solution designed specifically for real estate and accounting teams. This platform integrates lease accounting and management applications with trusted market data and research analytics, providing users with a robust tool for managing their real estate portfolios. It is particularly valuable for organizations that need to comply with ASC 842 and IFRS 16 lease accounting standards, making it an essential resource for businesses handling various types of leased assets. Targeted at real estate professionals, financial analysts, and accounting teams, CoStar Real Estate Manager addresses the complexities of lease management and financial reporting. The software is suitable for organizations of all sizes, from small businesses to large enterprises, that require a reliable system for lease administration, portfolio management, and transaction oversight. Its user-friendly interface and automated reporting capabilities streamline processes, allowing teams to focus on strategic decision-making rather than administrative tasks. Key features of CoStar Real Estate Manager include comprehensive support for all types of real estate and leased assets, ensuring compliance with the latest accounting standards. The software is designed to be intuitive, with in-house implementation services and ongoing support to facilitate a smooth transition and continuous operation. Its cloud-based nature allows for low-cost deployment, enabling unlimited system users without the burden of expensive upgrades, making it a cost-effective solution for organizations looking to enhance their lease management capabilities. Security is a paramount concern for any organization, and CoStar Real Estate Manager addresses this with enterprise-level security measures, including annual SSAE 16 SOC 1 and SOC 2 audits and data encryption. This commitment to security is backed by CoStar Group, Inc., a stable public company with a proven track record in the industry. Additionally, the platform is designed to meet Sarbanes-Oxley requirements, ensuring that financial reporting controls and procedures are effective and compliant. With a 99% customer renewal rate and CPA-tested solutions, CoStar Real Estate Manager stands out as a proven choice for organizations seeking a reliable and efficient lease management system. By combining essential features with a focus on compliance and security, this platform provides significant value to users, helping them navigate the complexities of real estate management with confidence.
Average Rating: 4.4/5.0
Total Reviews: 354
How Do G2 Users Rate CoStar Real Estate Manager?
- Has the product been a good partner in doing business?: 8.9/10 (Category avg: 9.1/10)
- Lease Accounting: 8.6/10 (Category avg: 8.2/10)
- Reporting: 8.6/10 (Category avg: 8.4/10)
- Integration / APIs: 7.7/10 (Category avg: 8.1/10)
Who Is the Company Behind CoStar Real Estate Manager?
- Seller: CoStar Real Estate Manager
- Company Website:
- Year Founded: 1999
- HQ Location: Atlanta, GA
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LinkedIn® Page: www.linkedin.com
140 employees on LinkedIn®
Who Uses This Product?
- Who Uses This: Financial Analyst, Finance Analyst
- Top Industries: Real Estate, Commercial Real Estate
- Company Size: 58% Large, 27% Medium
What Do G2 Reviewers Say About CoStar Real Estate Manager?
AI-generated summary from verified user reviews
Pros
- Users appreciate the ease of use of CoStar Real Estate Manager, finding it intuitive and straightforward to navigate.
- Users appreciate the intuitive interface of CoStar Real Estate Manager, enhancing usability and efficiency in their work.
- Users find ease of lease creation in CoStar Real Estate Manager, enhancing real estate management and accounting efficiency.
- Users appreciate the user-friendly features of CoStar Real Estate Manager, simplifying lease searches and reporting processes.
- Users appreciate the intuitive navigation of CoStar Real Estate Manager, making file location and access effortless.
Cons
- Users experience slow performance with CoStar, facing lags and errors that hinder productivity significantly.
- Users find the financial reports lacking, requiring excessive manual adjustments and presenting a risk for errors.
- Users experience significant system lag and slow updates, leading to frustration and time-consuming corrections.
- Users often find missing features frustrating, especially regarding the expenses section and lack of an auto-save option.
- Users face inadequate reporting issues with CoStar, making financial data hard to interpret and manage efficiently.
What Are Recent G2 Reviews of CoStar Real Estate Manager?
"CoStar Saves Time with Smart Auto-Fill and Easy File Uploads"
Rating: 4.0/5.0 stars
— Garrett R.
"Efficient and Reliable Tool for Daily Tasks"
Rating: 5.0/5.0 stars
— Karen P.

