In Real Estate, what you don't know can hurt you. Especially if it's buried on page 42.
Commercial Real Estate (CRE) runs on paper. Specifically, it runs on Leases.
A single Class-A office building might have 100 tenants. Each tenant has a lease (often 50+ pages), three amendments, an estoppel certificate, and a renewal option. That is thousands of pages of legal density defining millions of dollars in future revenue.
To manage this, the industry relies on a process called "Lease Abstraction"—the manual act of a human analyst reading the PDF and typing the key dates, dollars, and clauses into a spreadsheet or CRM.
It is slow. It is boring. And it is incredibly dangerous.
The "Buried" Risk
Imagine acquiring a building. Your analyst reads the rent roll and sees strong cash flow. The Cap Rate looks good. You buy it.
Three months later, a major anchor tenant vacates unexpectedly. You panic. You check the lease. Turns out, buried in a "Lease Amendment" from 2019, there was a specialized "Early Termination Option" that the analyst missed because they were skimming through 500 documents in 3 days during a rushed Due Diligence period.
That single missed clause just cost you $1M in vacancy loss.
Manual abstraction is not just an administrative burden; it is an Investment Risk.
Speed of Execution: The New Competitive Edge
In a competitive market, the winner is often the one who can underwrite the deal the fastest.
If Competitor A takes 2 weeks to manually abstract the leases and verify the income, and Competitor B uses AI to audit the rent roll in 2 hours, Competitor B wins the deal.
This is where SCANNY AI changes the velocity of the deal.
We move the industry from "Reading" to "Analyzing."
Rent Roll Validation: We extract the rent tables from the lease and compare them to the seller's claims automatically.
Critical Dates: Instantly pull every Commencement Date, Expiration Date, and Option Notice Date into a timeline.
Clause Detection: Automatically identify "Co-Tenancy," "Exclusivity," or "Right of First Refusal" clauses that might limit your ability to lease to other tenants.
From Static PDF to Dynamic Data
Your lease data shouldn't live in a file cabinet (physical or digital). It should live in your database, driving alerts and decisions.
When you digitize the abstraction process, you transform your portfolio from a "collection of files" into a "searchable asset."
Property Managers: Never miss a rent escalation date again.
Asset Managers: instantly visualize the "Weighted Average Lease Term" (WALT) of your entire portfolio.
Brokers: Answer client questions about "available space" in seconds, not days.
Test It on Your Portfolio
We know real estate documents are non-standard. Every landlord writes them differently. That is why simple OCR fails, and why intelligent AI is required.
🎁 Early Access Offer: We are offering Free Credits to Asset Managers, Brokers, and Property Managers who join our Early Access program this week. Upload a complex lease agreement and see if SCANNY AI can find the "Termination Option" faster than your analyst.
Unlock the value in your documents.
👉 Claim your Free Credits & Join the Waitlist: https://scanny-ai.com/
Top comments (0)