Lease administration software that enables confident leasing management decisions.
Lease administration software from CoStar streamlines lease details to effectively manage critical dates, financial obligations, insurance requirements, security deposits and more for real estate, equipment and other leased assets.
Watch: Lease Admin User Stories
Six CoStar users share their experiences using our lease administration software. Watch now.
The Value of Lease Administration + Lease Accounting
Learn how using lease accounting and administration software together can achieve enhanced management and continuous accounting capabilities. Watch now.
Watch: 2 Minute Lease Administration Software Overview
Lease Administration Software from CoStar
Aggregate critical lease data
Set controls for lease abstraction quality, approval workflows and more.
Eliminate information silos
Create and receive notifications, view changes and updates across entire lease portfolios.
Streamline rent payments and reporting
Integrations enable rent payments, integrated CoStar data helps administrators be more effective at their desktop.
Lease Administration Software Highlights and Key Capabilities
Most Providers Offer
- Critical Dates Tracking
- Obligations Report
- Document Management
- Non-Real Estate Records
What CoStar Does Better
- CoStar Integrated Research Data
- Unlimited User-Defined Fields
- Personalized Dashboards & List Pages
- Scalable Security/Hierarchy Structure
- Bulk Uploads/Updates with our out of the box ETL Tool
- Location Strategy & Utilization/Performance Tracking
- Easy to use, intuitive Ad Hoc Reporting tool for all users
- In App Tools: Date Calculator, Clause Bank, etc.
- Intl. Currency/Measurement Conversions & Date Formatting
- Comprehensive Standard Report Library
- Enterprise Class Audit Trails and Reporting
- Workflow related to abstracting quality control and approval
- Change lease abstract status to “unverified” when critical fields are changed
- View complete field level history of changes including: Time and Date, User
- View changes and updates across the portfolio through standard reporting
- Select standard clause information to be inserted into abstract
- Manage the relationship between properties and cost centers
- Allocate lease identification numbers
- Drive onscreen reminders automatically based on critical dates
- Drive email reminders based on critical dates
- Enter user-defined critical date reminders
What makes the best lease administration software?
Whether it’s standard or ad hoc, advance financials and other complex reporting needs, CoStar has you covered.
CoStar has delivered and supports 700+ system integrations.
Integrated CoStar Research
Access CoStar’s #1 commercial real estate data from our lease accounting application to help with fair market valuations.