“What an amazing team! Like no other in the known universe. Very helpful.”
Anthony Grower
Marketing Specialist
“They are the best in the industry and that says it all. Nothing else matters.”
Anthony Grower
Marketing Specialist
What is CoStar Real Estate Manager?
CoStar Real Estate Manager is the most proven platform for every phase of the lease lifecycle.
It makes complex real estate decisions easier, automates lease accounting compliance and helps you close with confidence. It's also backed by unrivaled support and guaranteed implementation.
Behind the platform is CoStar Group (Nasdaq: CSGP), the world leader in real estate information and marketplaces. The company owns Apartments.com, Homes.com, LoopNet, Ten-X and other powerful brands.
CoStar Real Estate Manager is the most proven platform for every phase of the lease lifecycle.
It makes complex real estate decisions easier, automates lease accounting compliance and helps you close with confidence. It's also backed by unrivaled support and guaranteed implementation.
Behind the platform is CoStar Group (Nasdaq: CSGP), the world leader in real estate information and marketplaces. The company owns Apartments.com, Homes.com, CoStar, LoopNet, Ten-X and other powerful brands.
1999
Virtual Premise is founded in Atlanta, GA with a mission to make lease administration more organized, efficient and automated.
2007
In response to ASC 840, Virtual Premise adds lease accounting functionality, including straight-line calculations and reporting.
2010
Virtual Premise launches equipment lease functionality.
2011
Virtual Premise becomes CoStar Real Estate Manager as a result of our acquisition by CoStar Group.
2016
CoStar Real Estate Manager is first to market with ASC 842 and IFRS 16 disclosures after successful pre-release testing with an international Fortune 50 partner.
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2018
CoStar Real Estate Manager adds retrospective, impairment and lessor features to remeasurement functionality.
2019
CoStar has 350+ successful go-lives as public companies transition to ASC 842.
2020
Day 2 accounting is introduced to the platform, making it possible for lease accountants to complete roll forward and reconciliation reports as well as execute mass remeasurements.
2022
CoStar Group is selected for inclusion in the S&P 500 index and the NASDAQ 100 index.
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean.
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When You Need to Phone a Friend
The team behind CoStar Real Estate Manager is your partner — long after onboarding. Here are some ways you'll see that idea in action:
- Resident CPAs and CRE experts
- Effective on-demand support
- On-demand training for your entire team
- Monthly customer webinars
- A comprehensive knowledge base
Guaranteed Implementation
CoStar implementation experts have replaced more lease management systems than anyone. How, you ask?
- Lease accounting services
- Migration of lease data sources
- Integration with your current ERP system
- Consulting for organizational processes
- Configuration of policies and data
