Fair Market Value (FMV) Analysis

1 min read
August 5, 2021
CoStar Real Estate Manager Blog

Fair Market Value (FMV) Analysis

Accounting teams perform Fair Market Value (FMV) analysis better with CoStar market data & analytics plus management applications at their fingertips.

Creating FMVs for ASC 842 lease accounting can involve paying fees to third-party firms or other sources of valuation data that only reflects a partial view of market conditions. Tenant real estate and accounting managers perform more thorough and reliable FMV analysis quickly and easily with direct access to the most complete and up-to-date relevant property information from CoStar.

Direct access eliminates time-consuming research processes and saves unnecessary additional costs.

CoStar empowers tenant real estate and accounting managers with on-demand, unlimited and unfiltered access to market data and analytics on more than 6 million commercial properties. CoStar streamlines lease portfolio operations and lease accounting compliance with industry-leading management applications recommended by more service providers than any other.

Here’s how tenant real estate managers perform Fair Market Value (FMV) analysis better with CoStar:

CoStar Market Information

Lease and Sale Comps offers fully vetted market rents and estimated cap rates to perform FMV analysis. Plus, tenants can maintain proprietary lease comp data with full search, reporting and export capabilities.

CoStar Management Applications

Lease Administration enables limited FMV analysis within the application using integrated CoStar market information on the lease details for other tenants within specific buildings associated with the portfolio. It also works seamlessly with CoStar’s Lease Accounting software that is trusted and recommended by more leading accounting firms and service providers to manage and report on real estate and equipment for compliance with new ASC 842 and IFRS 16 guidance.