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Field notes on lease abstraction
What we learn shipping AI lease extraction to brokers, landlords, and PE diligence teams.
How to abstract a commercial lease in 2026 (a structured walkthrough)
Commercial lease abstraction is the art of turning a 200-page legal document into a calendar your portfolio system can subscribe to. Here's the seven-layer methodology, plus where AI fits in 2026.
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The 21 critical dates hiding in every commercial lease
Every commercial lease is a calendar in disguise. Miss one of these dates and the tenant loses an option, the landlord eats an audit window, or the deal gets renegotiated under duress. Here's the full list.
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CAM reconciliation explained: the audit window most tenants miss
Every spring, retail and office tenants receive a CAM reconciliation statement that quietly resets their next twelve months of rent. Audit it once and you'll never trust the estimate again.
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NNN vs Modified Gross vs Full Service: how lease structures change the math
A tenant signing a Triple Net lease at $30/sqft thinking that's the all-in cost is going to be surprised when the OpEx invoices start hitting. Here's how to read the three dominant lease structures.
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The economics of AI lease abstraction (vs human review)
Human lease abstraction runs $1,200–$2,500 per file. AI extraction starts under $25 per lease and drops below $10 at volume. The savings aren't because AI is 'cheap' — the cost structure is different.
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Renewal options, ROFR, and ROFO: tenant rights with a deadline
Three contractual rights every tenant should know by name. Each gives the tenant leverage. Each has a notice deadline. Miss the deadline and the leverage evaporates.
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