Visual Lease vs CoStar Real Estate Manager

AvidXchange

MRI Property Management

MRI ProLease

FMIS Fixed Asset Management

Leonardo247

Nakisa Lease Accounting

Compare Visual Lease and CoStar Real Estate Manager based on features, pricing, verified reviews, integrations & more on GetApp. Find out which software is best for your business in 2026.

RealPage

RealPage is a cloud-based property management solution designed to help medium to large businesses organize and store electronic records, compliance documents, service requests, and digital assets. The platform offers forms, reminders, standard reports, and other customizable functions.

Nakisa IWMS

AI-driven, cloud-native IWMS software for managing 300+ leased or owned assets, from capital projects, portfolio management, lease accounting and compliance, and facility management. Native ERP integrations, automated operations and calculations, and IFRS 16, ASC 842, and local GAAP compliance

Quicken

Quicken helps you to bring your accounts together and you will easily understand how much money you really have. Intuits money management tools can show you exactly where your money’s going.

Visual Lease is a web-based FASB-IASB compliant lease management system with configurable contract clauses, suitable for use with real estate & equipment leases

Access Controls/Permissions

Accounting

Accounting Integration

Accounts Payable

Accounts Receivable

Activity Tracking

Ad hoc Reporting

Alerts/Escalation

Alerts/Notifications

Amortization Schedule

Analytics

Approval Process Control

Asset Lifecycle Management

Audit Trail

Bank Reconciliation

Billing & Invoicing

Budgeting/Forecasting

Capitalization Reporting

Commercial Leases

Compliance Management

Configurable Workflow

Contact Database

Contact Management

Contract/License Management

Critical Date Alerts

Currency Conversion

Customizable Fields

Customizable Reports

Customizable Templates

Data Import/Export

Data Visualization

Document Management

Document Storage

Email Alerts

Expense Tracking

Financial Reporting

For Brokers

For Commercial Real Estate

For Equipment Leases

For Property Managers

For Real Estate

For Small Businesses

General Ledger

Income & Balance Sheet

Lease Management

Multi-Currency

Multi-Location

Online Payments

Payment Tracking

Portfolio Management

Reminders

Reporting/Analytics

Reporting & Statistics

Retail Leases

Search/Filter

Strategic Planning

Task Management

Tax Management

Third-Party Integrations

Transaction History

Transaction Management

Proprietary

Visual Lease

Web-based

Basic

Senior Accounting Manager

Business Systems Analyst

Our previous methodology for operational administration of leases was disorganized, and we often overlooked things like adjusting lease payments to comply with contractual terms or tracking a tenant's payment history.  

Financial Accountant

We transitioned from using excel to manage our portfolio to Visual Lease and it has made everything significantly easier and massively reduces the risk of human error.

Project Leader

This tool helps to have a better control and management of the leases

Also, prior to acquiring Visual Lease, we had no processes to ensure compliance with the GASB 87 financial standard, and we are very pleased with the support that the Visual Lease application provides in that regard.

Loading the Leased assets and tracking is easy and the reports are simple

Global Finance

I like how you can upload documents into Visual Lease and then the lease abstraction team can flag the important terms.

Controller

Required updates for complex situations as they were not available in the out-of-box system --- that said, updates were released for all users of the platform

SEC Reporting Manager

Additionally, it makes my life in the financial reporting capacity easier by pulling together my disclosures for me.

Corporate Finance Analyst

The bulk upload feature is a real time saver, particularly when you have a lot of leases to include.

It is a comprehensive software solution that brought together out leases in a manageable platform while accommodating current and future lease reporting obligations.  

We are able to better manage our lease renewals and financial reporting requirements now that we've adopted a platform that allows us to share lease information to each responsible department.  

Director of Real Estate, US

Allows us to track and report on all our leases, tie in with Accounting for rent payments and FASB compliance.

Group Finance Manager

positive experience with sales during request for proposal, very knowledgeable and patient implementation team led by [SENSITIVE CONTENT HIDDEN] allowing us to complete implementation on time, some hiccups with trying to have more customised info built into the accounting feed without having to incur additional costs but otherwise have appreciated being put in touch with technical expert [SENSITIVE CONTENT HIDDEN] to understand how the system does or does not accommodate for IFRS 16 specifics

Accounts Payable Manager

Sometimes it can be confusing to use day to day.

I think the software, always with the improvements constantly developed is a+.

We are currently working through issues with connecting Visual Lease with our ERP.

Visual Lease has given us all the tools we need to resolve these issues.  

Perhaps it could have a  better filtering functionality.

Reports are easy to manage and the software performs relatively complex calculations easily.

Senior Accountant

Director

Visual Lease was already in place when I joined the accounting team.

Attorney

I had a hard time (and still do) with the report feature.

Lease Administration Manager

You can literally create a report with any data points from the system in minutes.  

Management Accountant & Facilities Manager

Tracking lease terms, contacts and key dates is most important to me.  

Maybe next review will be more descriptive, I want to obtain the maximum from it

Field Coordinator

I also utilize the reporting system, making monthly rent payments easier and efficient.

The software is easy to use and the platform looks smart and professional.

Would like a more robust method to track CAM/OpEx expenses, but that's a minor issue.

It also helps save time with our month end accounting.  

Vice President, Real Estate & Facilities

The lease administration functions are much easier to use and there is a seamless flow into the lease accounting functions.  

We chose to enter our own lease information in to the system.  

Sr. Program Manager

Overall a very positive experience, great integration team and customer service so far.

Lease Administrator

Lease calculations, including transition calculations, are easy to understand and accomplish.

Financial Analyst

Some of the features and reporting are a little counterintuitive.

Director, Real Estate Transactions

Setting up Ad Hoc reports can be a little difficult.  

Overall experience with Visual Lease as a Portfolio Index of properties has been favorable.

Director of Real Estate

Maintaining this information as it changes is what we are trying to figure out.

Procurement Analyst

the first set of number are either the day or the moth.  

It's refreshing to have companies work with you on business objectives.

Regional Real Estate Specialist

Preparing reports become much easier than before.

That problem has been solved with the fantastic functionality and ease of use.  

Each screeen is logical and easy to navigate.  

Our implementation manager was amazing.  

Reporting

Customer Support

Ease of Use

Data Management

Bugs and Issues

Implementation

Updates

Pricing

Large Enterprises

Mid-size Business

Small Business

Entrata

Entrata property management software connects property data and processes through a unified platform that streamlines leasing, accounting, and resident services. The system features AI-powered automation through Entrata Layered Intelligence, a comprehensive resident portal, and specialized solutions for different property types including multifamily, student, military, and commercial housing. Entrata offers utility optimization tools and automated workflows to enhance operational efficiency.

LeaseQuery

LeaseQuery is lease accounting software built by accountants for accountants that ensures compliance with ASC 842, FRS 102, IFRS 16, and GASB 87. The CPA-approved system identifies and eliminates accounting errors that lead to material misstatements with minimal disruption to your business.

LOIS

Powerful, expert-built lease software that cuts costs, ensures IFRS 16 compliance, and gives finance and property teams total control.

CoStar Real Estate Manager is a lease management software that helps businesses in the real estate, eCommerce, hospitality and other sectors manage brokerage applications and marketing functions. The platform enables managers to track insurance requirements, critical dates, security deposits, and other details regarding leased assets.

Cash Flow Analysis

Commercial Property Management

Financial Management

Fixed Asset Management

For Investors & Traders

Insurance Management

Lease Origination

Property Database

Property Management

Rent Tracking

CoStar Real Estate Manager

Windows

Chromebook

Assistant Controller

I like the fact CoStar can be a database for all types of leases (real estate, equipment, etc) and at the same time become a tool for ASC842/IFRS16 lease accounting standard.

Finance

Some smart featured should be available to detect any wrong data being populated/inputted in CoStar.

Sr Analyst, Business Systems

CoStar is a SaaS application and therefore limited in access regarding more advanced admin needs.

Internal Auditor (IT)

Reporting tool is also very robust and easy to use (though you should have a user familiar with the various menus help designing reports to understand the differing data sets).

Senior consultant

I do receive valuable feedback from the user and provide to Costar for further system improvement.  

Senior Finance 

Quite often changes to the system and training could be better accessible

PMP, CPA

I encourage anyone using or considering Costar, to attend their annual Customer appreciation event in November.

Visual Lease vs CoStar Real Estate Manager Comparison (2026)

Visual Lease

CoStar Real Estate Manager

Overview

Video & Screenshots

Pricing

User reviews

Key features

Integrations

Alternatives