CoStar Group, a leading global proptech and provider of commercial and residential real estate information, analytics, and online marketplaces, has agreed to acquire Visual Lease, a lease administration and accounting platform, to expand CoStar’s Real Estate Manager platform and strengthen its lease management and accounting offerings. Visual Lease, used by over 1,500 organizations, supports comprehensive lease management across various sectors and will enhance CoStar’s data analytics, customer support, and integration capabilities for global real estate management. The acquisition reflects CoStar’s strategy to provide end-to-end solutions for corporate lease management, reinforcing its commitment to integrating financial, operational, and sustainability-focused capabilities for diverse industries.
CoStar Group to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform
