Lease Data Services from CoStar

Watch: 2 Minute Lease Data Services Overview

Ensure correct calculations for financial reporting

Verify correct payments are made or received.

Avoid costly lease management mistakes

Never miss renewals, adjustments or other critical date related actions.

Comply with ASC 842 and IFRS 16 guidance

Make sure all stakeholders have access to relevant lease data for lease accounting compliance.

Lease Data Services Capabilities

Data Validation – Gap analysis and audit of missing or inaccurate data
Lease Abstracting – Lease abstraction and summation of key financial, business and legal information including any unusual lease provisions, financial obligations or other issues
Document Imaging – High resolution imaging and storage of legal documents for real estate and equipment leases
Due Diligence Support – For the acquisition and disposition of assets
Best Practices Workshops – Training for lease administration, new lease accounting compliance, data workflows and process reviews

Why Choose Lease Data Services from CoStar?

Our highly-trained, in-house team is led by industry veterans with more than 20 years of experience
Service team members include full-time attorneys, paralegals and lease administration professionals as well as a senior quality control analyst and project manager to lead every initiative
Quick deployment of team resources that may work on-site at customer locations or at our corporate headquarters, but never off-shore

20 Years of Lease Data Services Experience

“With the new lease accounting guidance, there’s a significant increase in the amount of data and details that must be captured. Our team helps get this data populated, validated and or abstracted as needed for financial reporting under the new standards.”

— Kelly Kepley, Vice President of Lease Services