Visual Lease provides cloud-based lease accounting and administration software.

Spectrum has announced the completed sale of Visual Lease, a premier software platform for integrated lease management, to CoStar Group (NASDAQ: CSGP).

Visual Lease will become part of the CoStar Real Estate Manager platform, expanding both platforms’ product lines and extending solutions for their customers

The organization continues to invest in its leadership team to drive its next stage of growth.

The fin-tech veteran will oversee strategic business operations.