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What is CoStar Real Estate Manager?

CoStar Real Estate Manager® combines cloud-based technology with exceptional professional services and leading market intelligence into one cohesive platform. This comprehensive system provides vital commercial real estate and lease information, allowing you to make informed decisions while equipping your team with essential resources for maximum productivity. The lease accounting functionalities offered by CoStar Real Estate Manager facilitate meticulous analysis and classification of real estate, equipment, and various leased assets, helping you confidently navigate the intricacies of the latest FASB and IASB lease accounting regulations. You are empowered to create journal entries, produce financial reports, and integrate these capabilities seamlessly with your current business systems. Furthermore, you can effectively plan your retail portfolio by utilizing extensive data and insights. Our retail solutions are designed to break down data silos, improve market intelligence, and ensure that your locations function at their optimal level, contributing to overall business success. By harnessing these innovative tools, you can enhance performance, make strategic decisions, and effectively reach your financial objectives while fostering a culture of continuous improvement within your organization.

What is Accruent Lucernex?

Lucernex is a software solution that specializes in lease administration and accounting. Offered by Accruent, this intelligent leasing platform enables organizations to effectively handle intricate scenarios involving real estate and equipment leases while minimizing risk and ensuring compliance with FASB and IASB regulations. It provides seamless integration with Enterprise Resource Planning (ERP) tools, enhancing operational efficiency. As a cloud-based lease accounting software platform, Lucernex is specifically engineered to simplify both real estate and equipment leasing processes. By automating lease administration and accounting, it establishes a centralized data repository, serving as a single source of truth. This functionality allows users to gain a comprehensive view of their entire lease portfolio and accurately assess financial obligations. Furthermore, the software aids in pinpointing underperforming assets and capitalizing on favorable lease terms. Additionally, Lucernex enhances team productivity by optimizing workflows, streamlining processes, and facilitating quicker approvals, ultimately contributing to improved decision-making and resource management.

Media

Media

Integrations Supported

CoStar

Integrations Supported

Accruent Lx Contracts
IFS Ultimo
itamlink

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

CoStar Group

Date Founded

1987

Company Location

United States

Company Website

www.costar.com/products/real-estate-manager

Company Facts

Organization Name

Accruent

Date Founded

1995

Company Location

United States

Company Website

www.accruent.com/solutions/lease-administration-accounting/lease-administration-accounting-lucernex

Categories and Features

Lease Accounting

Not specified

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Retail Leases
Sublease Management
Tenant Database

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Expense Management
Landlord Database
Late Fee Calculation
Lease Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Tax Management

Categories and Features

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