Lease Administration Software
Lease Administration Software
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.
Lease Administration Software from CoStar
Aggregate critical lease data
Collect high quality data through controls for lease abstraction, intelligent bulk uploads and approval work flows.
Eliminate information silos
Create and receive notifications, view changes and updates across entire lease portfolios, and automatically route vital reports.
Streamline rent payments and reporting
Integrations enable rent payments and reconciliations while the combination of lease data and CoStar market data generates powerful real estate reports.
Software Highlights and Key Capabilities
Most Providers Offer
- Critical Dates Tracking
- Obligations Report
- Mapping
- Options
- Reminders
- Clauses
- Contacts
- Document Management
- Non-Real Estate Leases
What CoStar Does Better
- CoStar Integrated Research Data
- Seamless Lease Administration to Lease Accounting Workflow
- Unlimited Users and User-defined Fields
- Personalized Dashboards and List Pages
- Automated, User-defined Email Reminders for Critical Dates
- Scalable Security and Hierarchy Structure
- Property and Cost Center Synchronization
- Lease Abstraction Workflow for Quality Control and Approvals
- Bulk Uploads and Updates with CoStar ETL Tool
- Location Strategy, Utilization and Performance Tracking
- Superior Standard, Ad Hoc and Custom Reporting with Audit Trails
- Built-in Application Tools Including Date Calculator and Clause Bank
- International Currency, Measurement Conversions and Date Formatting
- Lease Status Change Notifications
- Select Standard Clauses for Abstract Insertion
- In-application Support Center and Knowledge Base
- Owned Property Tracking
- Cost Center Allocation
- International Invoice Tracking Features for Payment Tie-out
- Taxable Charge Calculations for HST, GST, VAT and Others
What makes the best lease administration software?
Comprehensive Reporting
Standard reporting for any portfolio, business unit, calendar period or currency, CoStar has you covered.
System Integrations
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.