CoStar Real Estate Manager Features
Lease Administration Platform Features (28)
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Portfolio Administration
Track leases, owned properties, and subleases within the platform.
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Lease Accounting
Manage accounts payable, accounts receivable, expenses, and percentage rent within the platform.
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Lease Auditing
Identify potential savings in operations, locate leases to review, and examine detailed asset portfolios.
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Document Management
Store and access relevant real estate documents or integrate with enterprise content management software.
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Critical Date Alarms
Set customizable email or pop-up alerts for events such as rent escalation, security deposit maturation, and lease expirations.
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Regulatory Compliance
Ensure FASB and Sarbanes-Oxley compliance with built-in management tools. Maintain an electronic record of approvals within the system.
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Localization
Enables users to view and transact business with the same content in multiple languages and currencies.
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Integration / APIs
Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications.
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Reporting
Enables reporting of all data contained within the system. Typically contains standard reports as well as the ability to create ad-hoc reports.
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Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Property Management
Add, view, and edit details of all properties managed by an agency that are available for sale or rent
Contract/License Management
Track, store, and access client contracts or licenses
Tenant Management
Managing renters, rent payments, maintenance workflows & documents.
Work Order Management
Creating, assign, and track jobs and/or tasks for work orders
User Management
Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks
Workflow Management
Create, design and manage workflows for repetitive tasks
Insurance Management
Involves selling of insurance solutions, managing policies, handling claims & assessing risk and coverage
Template Management
Create, save, and re-purpose templates for emails, forms, etc.
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Asset Lifecycle Management
Manage assets throughout their lifecycle to optimize profit
Maintenance Management
Manage, maintain and track the performance of assets and equipment
Task Management
Create, manage and track all task activities and progression
Contact Management
Manage, organize, and store contact information
Audit Management
Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
Vendor Management
Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc.
Portfolio Management
Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk
Real-Time Reporting
Active reporting of data and metrics
Functionality (17)
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Lease Audit
Identifies potential savings in operations, locate leases to review, and examines lease portfolios.
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Financial Management
Manages accounts payable, accounts receivable, and payments within the platform.
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Portfolio Administration
Tracks lease inventory within the platform.
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Critical Date Alarms
Sends user notification of critical dates.
Cash Flow Management
Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
Document Management
Store, manage, and track all electronic documents in a centralized location
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Contract/License Management
Track, store, and access client contracts or licenses
Audit Management
Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
Portfolio Management
Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Tax Management
Implementation of various strategies to manage tax obligations via planning and maintaining compliance
Purchase Order Management
Create, send, and track purchase orders and their statuses
Contact Management
Manage, organize, and store contact information
Fixed Asset Management
Centralized database to track details of fixed assets such as depreciation and maintenance scheduling/history
Asset Lifecycle Management
Manage assets throughout their lifecycle to optimize profit
Integration (2)
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Real Estate
Integrates with real estate management solutions.
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ERP System
Integrates with ERP Systems.
Automation (4)
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Reporting
Automates accountant analysis and journal entry reporting.
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Lease Data
Automate lease clause and data management.
Ad hoc Reporting
Generate one-off reports that meet information requirements
Real-Time Reporting
Active reporting of data and metrics
Operational (2)
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Regulatory Compliance
Compliant with ASC 842 and/or IFRS 16 guidelines.
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Accessibility
Allows users to track and control activity across cloud dashboard.
Agentic AI - Lease Administration (4)
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Cross-system Integration
Works across multiple software systems or databases
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Proactive Assistance
Anticipates needs and offers suggestions without prompting
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Decision Making
Makes informed choices based on available data and objectives
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Agentic AI - Lease Accounting (9)
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Autonomous Task Execution
Capability to perform complex tasks without constant human input
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Multi-step Planning
Ability to break down and plan multi-step processes
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Cross-system Integration
Works across multiple software systems or databases
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Proactive Assistance
Anticipates needs and offers suggestions without prompting
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Decision Making
Makes informed choices based on available data and objectives
Accounting Integration
Integrate with a third-party accounting system
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Forecasting
Form predictions based on past and present data/trends
Budgeting/Forecasting
Create budgets based on historical data and future projections
Additional Functionality (57)
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Data Import/Export
Import and export data to and from software applications
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Financial Analysis
Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk
API
Application programming interface that allows for integration with other systems/databases
Search/Filter
Search and filter data across systems to locate required information by entering keywords or certain criteria
Multi-Location
Manage and support multiple locations
Amortization Schedule
Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Customizable Reports
Alter the layout and content of reports
Document Storage
Store and organize documents in a centralized system
Customizable Fields
Customize data fields to support various needs and use cases
Dashboard Creation
Creation and customization of dashboards
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
For Equipment Leases
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Transaction History
Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period
Expense Tracking
Monitor and record expenses such as purchases or charges incurred
Critical Date Alerts
Notifications received when important dates and deadlines are coming up
Payment Tracking
Track sent and received payments, invoices, and bills.
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Alerts/Escalation
System alerts about the need to escalate an issue or request
Reminders
Timed notification for any upcoming task, deadline, appointment, or activity
Mobile Access
Access software remotely via mobile devices
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Currency Conversion
Change one currency to another based on real-time rates/values
Configurable Workflow
Configure existing workflows to meet your organization's needs
General Ledger
Centralized accounting record which tracks all financial transactions
Multi-Currency
Manage and handle various international currencies
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Commercial Leases
For commercial leases
Residential Leases
For residential leases
Customizable Reports
Alter the layout and content of reports
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Transaction History
Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period
Document Storage
Store and organize documents in a centralized system
Recurring/Subscription Billing
Automated process of charging customers at regular intervals for repeated access or use of a product or service
Electronic Payments
Electronically collect payments for goods or services
Mobile Access
Access software remotely via mobile devices
Client Portal
Private online space that lets businesses securely share documents and provide information access to clients
Activity Tracking
Track and document all activities across devices, networks, and other systems
Retail Leases
For retail leases
Customer Database
A collection of customer information such as contact details, demographics, previous interactions, etc.
Self Service Portal
Online portal through which end users can access the system, manage tasks, or obtain information
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Lease Origination
Process of creating and establishing a new lease agreement between a property owner and a tenant or borrower
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Reminders
Timed notification for any upcoming task, deadline, appointment, or activity
General Ledger
Centralized accounting record which tracks all financial transactions
Expense Tracking
Monitor and record expenses such as purchases or charges incurred
Maintenance Scheduling
Schedule predetermined or ad hoc maintenance services and labor requests
Lease Tracking
Monitor the process of lease agreements
Multi-Currency
Manage and handle various international currencies
Contact Database
Centralized database of stakeholders and their contact information such as names, address, phone number etc.
Audit Trail
A record of all activities within the system, including user access, changes made, etc.


