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Head-to-head · Lease Accounting Software

CoStar Real Estate Manager vs REAL Lease Accounting

  • Updated Oct 2026
  • Both researched from official sources
  • 2 checks side by side
Higher score CoStar Real Estate Manager #5 in Lease Accounting Software 8.6/10 Pricing on request ✓ 0 of 3 features Visit CoStar
REAL Lease Accounting #6 in Lease Accounting Software 8.5/10 Pricing on request ✓ 2 of 3 features Visit REAL

CoStar Real Estate Manager leads on 0 checks, REAL Lease Accounting on 0, and 2 are even. Who comes out ahead on the 2 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreCoStar Real Estate Manager · 8.6/10
  • Most featuresREAL Lease Accounting · 2 of 3

CoStar Real Estate Manager scores higher on our rubric for lease accounting software: 8.6 against 8.5 out of 10; our editors rank them #5 and #6.

CoStar Real Estate Manager is the better fit for large real estate lease portfolios. REAL Lease Accounting is the better fit for real-estate lease accounting with variance checks.

  • CoStar Real Estate Manager fits best

    Large real estate lease portfolios

  • REAL Lease Accounting fits best

    Real-estate lease accounting with variance checks

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Side by side

Feature CoStar Real Estate Manager 8.6/10 Visit ↗ REAL Lease Accounting 8.5/10 Visit ↗
At a glance
Editor score 8.6 8.5
Ranking #5 in Lease Accounting Software #6 in Lease Accounting Software
Best for Large real estate lease portfolios Real-estate lease accounting with variance checks
Pricing model Paid Paid
Starting price Pricing on request Pricing on request
Free plan Not checked yet Not checked yet
Free trial — —
Deployment Cloud Cloud
Compliance SOC 2, GDPR, SSO/SAML SOC 2, ISO 27001, SSO/SAML
Integrations 4 integrations 20 integrations
Built for Mid-market, Enterprise Enterprise
Features CoStar Real Estate Manager 0/3 · REAL Lease Accounting 2/3
Disclosure reporting Not checked yet ✓ (best)
Journal entries Not checked yet ✓ (best)
Multi-entity support Not checked yet Not checked yet
Specs
Standards supported Not checked yet Both
Lease types Not checked yet Real estate
Lease limit Not checked yet Not checked yet
Our review
Pros
  • Supports real estate and equipment leases under ASC 842 and IFRS 16
  • Combines alerts, renewals, payments, modifications and approvals
  • Integrates with SAP, Oracle, Workday and NetSuite
  • Supports both ASC 842 and IFRS 16 calculations
  • Generates journals, disclosures, schedules, and modification remeasurements
  • Checks invoice, payment, and accrual variances across lease portfolios
Cons
  • Pricing requires a sales conversation
  • Cloud deployment may not suit teams needing other options
  • Its broad workflow scope may exceed narrow lease-accounting needs
  • Focused on real-estate leases rather than broader lease types
  • Quote-based pricing requires a sales conversation
  • Works alongside systems of record rather than replacing them
Our verdict

CoStar Real Estate Manager is a cloud-based lease lifecycle platform for enterprise real estate and finance teams. It combines lease accounting, lease administration, transaction management, portfolio planning and reporting in one web…

Read the review →

REAL Lease Accounting is a cloud-based solution for enterprise real-estate teams managing complex, multi-location portfolios. It covers lease classification, ASC 842 calculations, IFRS 16 calculations, payment and accounting maturity…

Read the review →
  1. CoStar Real Estate ManagerLease Accounting Software 8.6Pricing on request
  2. REAL Lease AccountingLease Accounting Software 8.5Pricing on request

Strengths and trade-offs

  • CoStar Real Estate Manager — where it wins

    • Supports real estate and equipment leases under ASC 842 and IFRS 16
    • Combines alerts, renewals, payments, modifications and approvals
    • Integrates with SAP, Oracle, Workday and NetSuite

    Where it doesn't

    • Pricing requires a sales conversation
    • Cloud deployment may not suit teams needing other options
    • Its broad workflow scope may exceed narrow lease-accounting needs

  • REAL Lease Accounting — where it wins

    • Supports both ASC 842 and IFRS 16 calculations
    • Generates journals, disclosures, schedules, and modification remeasurements
    • Checks invoice, payment, and accrual variances across lease portfolios

    Where it doesn't

    • Focused on real-estate leases rather than broader lease types
    • Quote-based pricing requires a sales conversation
    • Works alongside systems of record rather than replacing them
  • CoStar Real Estate Manager8.6/10 · Pricing on request

    A cloud platform for accounting, administration and planning across complex lease portfolios.

    Visit CoStarFull verdict →
  • REAL Lease Accounting8.5/10 · Pricing on request

    A real-estate lease accounting system for complex portfolios and ERP-connected reporting.

    Visit REALFull verdict →

More comparisons

All lease accounting software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update