Increase profitability by aligning real estate operations with company initiatives/objectives
CoStar Real Estate Manager provides a comprehensive platform of software and services that enables corporate real estate professionals to make confident, insightful decisions based on accurate, complete and current information. Our solutions support every aspect of the real estate life-cycle, enabling corporations to better manage the execution of set strategies to meet company goals including:
- Lease Accounting Compliance
- Create reports and summaries easily
- Eliminate information silos
- Meet the demand for real estate
- Stay within budget
- Manage existing portfolio
- Leverage all available lease terms
Lease Administration / Portfolio Management
Our Portfolio Module makes administering and managing a multi-location portfolio easy. Whether it’s owned properties, leased locations or sub-leased tenants, our platform helps you track and proactively manage to not only avoid costs but to optimize the utilization of real estate for the enterprise.
Real Estate Strategy and Analytics
Our Strategy and Analytics Module is the engine that combines critical market information and lease and location performance indicators with data from other critical business systems into actionable information via easy-to-use dashboards.
CoStar Integrated Research Data
Our Portfolio Module includes industry-leading information from CoStar’s commercial real estate research database to help you develop, confirm and execute on your lease strategies. This includes an overall summary of the location, deeper-dive information about leases, tenants and analytics, as well as location images for the locations that you manage in the software.
Meet the needs for your current lease accounting requirements while you also gather the information and prepare for the new Lease Accounting Standard. We uniquely provide you the ability to support both while also enabling you during the restatement process.
Integration with your ERP System
As part of CoStar Real Estate Manager’s Portfolio Module, you can feed information between your ERP/Accounting system and the lease administration and accounting needs of the real estate department. Our standard ASIs facilitate the effort seamlessly.
The important and ever-changing world of regulatory compliance is complicated. CoStar Real Estate Manager offers a solution that allows the corporate real estate group to help the enterprise stay SOX compliant, meet GAAP / SEC reporting needs, and support the security and audit trails necessary.
When reporting to executives, access to an analysis of real estate data is critical. CoStar Real Estate Manager is second to none when it comes to putting critical data at your fingertips via searching, reporting and dashboard views. All of this information is also available anytime, anywhere, on any day.
Legal Group Support
Most lease administration systems are solely designed for use by lease administration and real estate accounting professionals. With its lease and location-centric perspective, legal professionals also find CoStar Real Estate Manager to be a very effective tool to track legal provisions associated with their owned and leased portfolio, report and search on critical data and store important legal documents.
When it comes to managing projects for a multi-location, multi-faceted organization, CoStar Real Estate Manager elevates project management to the enterprise level by focusing on what you need to know at a high-level. Our Projects Module provides milestone tracking, budgets, workflow, approvals, expense information, collaboration and communication to support your project management needs.
Large programs that consist of many projects with a multitude of information require a unique form of project tracking. With CoStar Real Estate Manager, organizations are able to replicate a standardized process across multiple projects, roll up cost accounting / budget information from external systems and provide a top-level view of the program without having to “get into the weeds” of the individual projects and support the mobile worker with access on any device.
Transaction / Deal Management
CoStar Real Estate Manager is widely used for transaction management due to its ease of use, configuration abilities and robust reporting capabilities. Whether you manage your real estate transactions internally or through a third-party service provider, our platform helps manage your transaction and deal management needs.
Lease Abstracting, Review and Validation
Accuracy is absolutely critical to every organization as real estate data impacts corporate expenses, legal obligations, regulatory filings and even revenue. Our Lease Services team can help you review and ensure the quality of your data so that it does not adversely affect your organization.
Our Projects Module empowers you to securely collaborate with stakeholders in the bid process in order to can analyze options, select the best lease locations and move to through the construction process.
Check out some of our corporate client success stories here.