Big news this week for the VL community!
Since Visual Lease’s inception, we have focused on being the trusted leader in empowering organizations to efficiently manage their lease portfolios, ensuring financial compliance, operational efficiency, and strategic value. Combining CoStar Group’s resources with our deep expertise and user-centric design will allow us to deliver an even more comprehensive service offering, scale faster, and accelerate our mission.
This next phase in the VL journey is a testament to the incredible work everyone at VL has done to bring us to this point. I am truly grateful for the opportunity to work with such a great team here at VL and that starts with VL’s founder, Marc Betesh. Thank you to Marc for having and acting on the vision for VL nearly 30 years ago.
The entire VL team has and will continue to focus on building expanded value for our customers and I am confident that with the support of CoStar Group, and specifically the CoStar Real Estate Manager’s business line we’ll continue to thrive and innovate together in ways that will allow us to extend our value into a growing marketplace. Looking forward to working with Andy Florance, Mark McDonald, and the entire CoStar Group team.
We're excited to announce that we've reached a definitive agreement to acquire Visual Lease. The strategic acquisition will enhance our CoStar Real Estate Manager business line and provide additional lease management and lease accounting value to corporations of all sizes.
Learn more in our press release. ⬇️
CoStar Group to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform
CoStar Group on LinkedIn