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
- Abstraction workflow for quality control and approvals
- Lease status change when critical lease fields are changed
- Select standard clauses to be inserted into abstract
- Portfolio updates through standard reporting
- Property and cost center synchronization
- In-app reminders based on critical dates
- Email reminders based on critical dates
- Separate user-defined critical date reminders
- Support Center and Knowledge Base
- In-app training, e-learning, and webinar videos
- Owned property tracking
- Cost center allocation
- International invoice tracking features for payment tie-out
- Taxable charge calculations for HST, GST, VAT and other local and international tax authorities
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.