Lease Abstractor · AI agent | Built AI
Product
Lease Abstractor
It abstracts the lease the moment it is executed, not at the next review.
Lease abstraction is the kind of work that quietly falls behind. The Lease Abstractor keeps it current: every executed lease is read into structured terms as it lands, so the rent roll, the model and the covenant tests are always working from the real document, not a stale summary.
It watches
A lease is added or executed
A new lease landing in the data room, or an executed amendment, is the trigger to abstract it.
It does the work
Extracts terms, maps, flags
It pulls rent, escalations, options, recoveries and critical dates, links them to the unit, tenant and asset, and flags off-market clauses.
Then it stops
The AM confirms exceptions
Anything exceptional, an unusual option, an off-market recovery, an early-termination right, is surfaced for an asset manager to confirm.
The pipeline
Executed lease in, structured terms on the graph
Lease added
A new or amended lease lands in the data room and triggers the abstract.Extract terms
Rent, escalations, options, recoveries and critical dates, each traced to clause.Map to graph
Terms connect to the unit, tenant and asset so every system reads the same lease.Flag exceptions
Off-market or unusual clauses surface for an AM to confirm before they post.
Once a lease is a set of connected terms rather than a PDF, the rent roll and the covenant tests stay current automatically.
See it work
One run, every figure cited
Ask the Lease Abstractor to read a new lease. It returns the key economic terms, the critical dates, and an off-market flag where a clause deviates from the rest of the book, each linked to the clause it came from.
Lease Abstractor Details
- Tenant: Northwind Logistics
- Size: 41,200 SF, 84-month term.
- Base rent: $28.50/SF, fixed 3.0% annual escalations. One 5-year option at market.
- Recoveries: NNN, with a cap on controllable opex at 4%.
- Critical dates indexed: commencement, option notice (2028-03-01), expiry.
The boundary
It drafts and computes, then it waits
It can abstract the lease. The exceptions wait for a person.
Most terms are routine and post straight to the graph. The ones that matter, the off-market recovery, the unusual option, the early-termination right, are exactly the ones the Lease Abstractor surfaces for an asset manager to confirm before they change the rent roll or the model.
The boundary, in one line
- Trigger: a lease is added to the data room or executed.
- Human approval: an asset manager confirms exceptional terms.
- What it cannot do: change the rent roll or the model on an exceptional clause without approval.
See the platform on your own portfolio. Bring a live deal, a fund or a stack of documents and watch the graph light up across your own systems, extract, simulate and author, with every number traceable to source. No migration, nothing leaves your tenant, and nothing acts without your sign-off.