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CoStar Real Estate Manager

by CoStar Group · Lease Accounting

Lease accounting and administration platform for ASC 842 and IFRS 16 compliance.

Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.

Works with
SAPOracleWorkdayNetSuiteMicrosoft Dynamics
Deployment
Cloud
Pricing
Quote-based

Overview

CoStar Real Estate Manager is a commercial lease management platform, part of the CoStar Group product suite, that combines lease accounting and lease administration with CoStar's real estate market data and analytics. It is built for corporate and retail enterprises that need to manage large real estate and equipment lease portfolios while staying compliant with current lease accounting standards.

The platform automates lease classification, measurement and reporting under ASC 842, IFRS 16, FRS 102 and ASC 840/local GAAP, generating journal entries, remeasurements and retrospective true-ups with audit-ready detail and version tracking. On the administration side it handles critical date tracking, renewal and transaction processing, rent payments, and portfolio planning, bringing real estate and accounting teams into a single system instead of spreadsheets.

CoStar markets over 1,000 system integrations and describes managed, configurable data connections into ERP and financial systems (SAP, Oracle, NetSuite, Microsoft Dynamics, PeopleSoft, JD Edwards) so that journal entries, AP/AR transactions and rent schedules stay synchronized with the general ledger. CoStar Group also owns Visual Lease, a competing lease accounting platform, giving the combined company the two most widely used lease accounting/administration products.

Screenshots & demo

Demo video from the vendor's YouTube channel.

Modules & capabilities

CoStar Real Estate Manager covers 18 of 41 capabilities we track in this category

44%
  • ASC 842 (US GAAP) compliance
    Core strength
  • IFRS 16 compliance
    Core strength
  • GASB 87 / public-sector compliance
    Not evidenced
  • Parallel multi-standard reportingASC 842, IFRS 16, FRS 102, ASC 840/local GAAP supported
    Supported
  • Finance vs. operating lease classification
    Supported
  • ROU asset & lease liability calculation
    Supported
  • Automated remeasurement on modificationsAutomated remeasurements/modifications plus retrospective true-up journal entries
    Core strength
  • Lessor accounting
    Not evidenced
  • Embedded leases, subleases & sale-leasebacks
    Not evidenced

“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.

Common use cases

  • Achieving and maintaining ASC 842 / IFRS 16 compliance for a large corporate real estate lease portfolio
  • Consolidating real estate and equipment leases into one system instead of spreadsheets across teams
  • Automating lease remeasurements and retrospective true-ups when lease terms change
  • Posting automated rent-related journal entries and AP/AR transactions into an existing ERP general ledger
  • Tracking critical dates and automating renewal processing across hundreds or thousands of retail store leases
  • Producing audit-ready disclosure and roll-forward reports for external auditors
  • Layering CoStar market data onto a lease portfolio for site selection and portfolio optimisation

Strengths & considerations

Strengths

  • Combines lease accounting/administration with CoStar's proprietary commercial real estate market data and analytics in one platform
  • Backed by CoStar Group, which also owns Visual Lease, giving the parent company the two most widely used lease accounting/admin products
  • Consulting-led implementation model with a dedicated rep managing ERP integrations rather than a pure self-serve connector

CoStar Real Estate Manager customer case studies

How companies use CoStar Real Estate Manager alongside their ERP — pulled from CoStar Group's published customer stories, with the ERP each customer runs where they state it.

AssuredPartners

Insurance · USA · Enterprise

a few months

Centralized all lease data in one system, enabled local insight into occupancy rates and forecasts, improved negotiation capabilities with market data, set up automatic reminders for critical dates, managing 60+ renewal and rent projects

Locations Managed
400+
Locations Managed

Air Liquide

Industrial Manufacturing · France · Enterprise

Single source of truth for all global real estate assets, improved interface between real estate and accounting teams, quick access to any lease information via Power BI, ability to benchmark spend per square foot/meter across regions, capability to prepare roadmaps for any country with reporting

  • streamlined processes
  • consolidated platforms
  • global view into lease data

Summarised from each vendor's published customer stories. Figures are the vendor's own claims, not independently verified by ERP Research. Browse add-on case studies

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ERP integrations

SAPCoStar managed ERP connection
Partner-built
Bi-directionalJournal entriesAP/AR transactionsGL balances

CoStar's implementation team builds and manages a scheduled or event-driven ERP connection ('1,100+ system integrations' cited); no self-serve marketplace listing or public connector docs found.

Oracle Fusion CloudCoStar managed ERP connection
Partner-built
Bi-directionalJournal entriesAP/AR transactionsGL balances

Managed/configurable data connection; CoStar cites 500+ enterprise ERP/accounting integrations including Oracle. No public connector docs found.

WorkdayCoStar managed ERP connection
Partner-built
Bi-directionalJournal entriesGL balances

Managed/configurable data connection set up by CoStar's implementation team; no public connector docs found.

NetSuiteCoStar managed ERP connection
Partner-built
Bi-directionalJournal entriesGL balances

Managed/configurable data connection set up by CoStar's implementation team; no public connector docs found.

Microsoft Dynamics 365CoStar managed ERP connection
Partner-built
Bi-directionalJournal entriesGL balances

Managed/configurable data connection set up by CoStar's implementation team; no public connector docs found.

Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.

Pricing

Full CoStar Real Estate Manager pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs

Model
Quote-based
Free trial
No

Priced by number of real estate/equipment leases, owned or leased locations, or active transaction projects rather than by user; not publicly listed, contact CoStar for a quote. Get an independent shortlist with pricing guidance below.

What does CoStar Real Estate Manager cost?

CoStar Real Estate Manager prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.

  • Licence basisask whether you are billed per named user, per active user, or per entity — the same headline rate can differ several-fold between them.
  • Implementationask for the one-off setup, data-migration and configuration fee as a separate line from the subscription.
  • ERP integrationask whether the connector for your ERP is included, a paid add-on, or custom work quoted per interface.
  • Contract term & upliftask for the annual uplift cap in writing; an uncapped renewal is where multi-year savings disappear.
  • What is not includedask which features sit in a higher tier — sandbox environments, SSO, audit logs and API access are common upsells.

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10 of the 14 vendors we track in this category publish no list price at all.

Technical & security

Hosting
SaaS
Compliance
SOC 1, SOC 2

Alternatives to CoStar Real Estate Manager in Lease Accounting

CoStar Real Estate Manager — frequently asked questions

Does CoStar Real Estate Manager integrate with SAP?

Yes. CoStar Real Estate Manager offers a managed, configurable data connection to SAP that synchronizes journal entries, AP/AR and GL data on a scheduled or event-driven basis, and CoStar cites experience building 900+ integrations for ERP, accounting and related systems.

What ERP systems does CoStar Real Estate Manager connect to?

CoStar Real Estate Manager connects to SAP, Oracle, NetSuite, Workday, Microsoft Dynamics, PeopleSoft and JD Edwards, keeping journal entries, rent payments and reports aligned with the general ledger.

How much does CoStar Real Estate Manager cost?

Pricing is quote-based and not published. It is typically driven by the number of real estate or equipment leases, owned or leased locations, or active transaction projects rather than a per-user fee; contact CoStar for a quote.

Which lease accounting standards does CoStar Real Estate Manager support?

It supports ASC 842 and ASC 840 (U.S. GAAP), IFRS 16 (international), and FRS 102 (UK/Ireland), automating lease classification, measurement, remeasurements and disclosure reporting.

Compare CoStar Real Estate Manager head-to-head

Free PDF · Vendor-neutral · No sales calls

The Lease Accounting Buyer's Guide

Before you commit to CoStar Real Estate Manager, see how it sits against the 14 lease accounting systems we track — on capability, ERP integration depth and what each one actually charges for.

Lease Accounting Buyer's Guide

14 systems compared · 2026

ERP Research

  • CoStar Real Estate Manager compared side-by-side with 13 alternatives
  • ERP integration checklist — what to verify before you shortlist
  • The pricing questions that change the quote
  • A CoStar Real Estate Manager evaluation brief, included with the guide
Free Download

Lease Accounting Buyer's Guide

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