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Category: Lease Abstraction

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Judd Bennett
Thursday, 17 June 2021 / Published in Lease Abstraction, Real Estate
Three useful ways to address common commercial lease abstraction pitfalls
Lease abstraction is one of the key and fundamental part of commercial real estate industry. As you are aware, lease abstracts are summary of most important details of a lease presented in an easy-to-read format. It allows commercial real estate property owners to stay on top of key data points across their lease portfolio –
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Benefits of Outsourcing Lease Abstraction Services in Retail and Healthcare
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Admin
Wednesday, 26 May 2021 / Published in Lease Abstraction, Real Estate
Benefits of Outsourcing Lease Abstraction Services in Retail and Healthcare
Introduction Organizations typically enter into long-drawn lease deeds and agreements for occupying office spaces to carry out their operations. These documents contain complex terms and incredible detail. They are often unstructured and contain references to various schedules, annexures, and other ancillary documents that one must read in their entirety. In the retail and healthcare sectors,
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How law firms can gain advantage by outsourcing lease abstraction services
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admin
Tuesday, 20 April 2021 / Published in Lease Abstraction, Real Estate
How law firms can gain advantage by outsourcing lease abstraction services
Every law firm may not have a dedicated leasing team to handle all things related to commercial lease. That said, lease abstracts play a critical role in managing real estate investments, acquisitions and even litigations. These summaries provide key business, financial and legal data extracted as per due diligence requirements and standards. While gleaning information
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Top 3 daunting commercial lease abstraction challenges
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Admin
Tuesday, 23 March 2021 / Published in Lease Abstraction, Real Estate
Top 3 daunting commercial lease abstraction challenges
Commercial lease abstraction is a fundamental and a critical part of the real estate industry. Accurate, timely and concise lease abstraction helps manage a variety of processes and operations efficiently. Plus, efficient lease abstraction means effective lease data management that helps gain a lot of timely insights that support strategic and profitable business decision making.
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The growing importance of lease abstraction
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Admin
Thursday, 25 February 2021 / Published in Lease Abstraction, Real Estate
The growing importance of lease abstraction
Managing commercial lease is a tedious and complex work. Given the extensive volume of lease portfolios, related paperwork, and several contractual iterations, it is becoming increasingly challenging to track and manage lease contracts efficiently. The challenge is further compounded due to siloed processes and mostly manually managed documentation and filing that restricts holistic visibility into
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Accurate lease abstraction can help telco save cost and optimize leased infrastructure management
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Admin
Thursday, 07 January 2021 / Published in Lease Abstraction, Real Estate
Accurate lease abstraction can help telco save cost and optimize leased infrastructure management
The telecom industry is evolving at an unprecedented speed. This continuous disruption underpinned by network upgrades, technology innovations, and ever escalating demand for data is putting telecom companies under immense pressure to keep pace in order to meet new market demands. As businesses strive to stay competitive in this dynamic landscape, and scale their network,
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Accurate lease summaries are key to identifying provisions needed to manage Covid-19 impact
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Admin
Monday, 20 April 2020 / Published in Lease Abstraction, Real Estate
Accurate lease summaries are key to identifying provisions needed to manage Covid-19 impact
The impact of the COVID-19 pandemic on your commercial real estate business is undeniably unprecedented and significant. Landlords are compelled to revisit their commercial lease to look for provisions that can help them navigate this crisis and defer and abate rent. However, the deluge of information, shifting situation and legal intervention pose massive challenges in
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Lease abstraction can impact business in strategic ways
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Admin
Friday, 17 January 2020 / Published in Lease Abstraction, Real Estate
Lease abstraction can impact business in strategic ways
Technology disruption, data explosion and evolving customer expectations continue pose challenges for business across industries and especially for the commercial real estate (CRE), while creating new opportunities. Although, the industry has been a late mover in adopting technology, players are increasingly realizing the looming threat of being redundant if they fail to keep pace with
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Facilitate efficient data management for accurate and uniform lease abstraction
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Admin
Thursday, 28 November 2019 / Published in Lease Abstraction, Real Estate
Facilitate efficient data management for accurate and uniform lease abstraction
Accurate lease data abstraction is key to efficiently managing commercial real estate portfolio. It not only saves time and effort but also alleviates operational and financial risks. However, abstracting, formatting and managing key lease information is an arduous, time-consuming and challenging task. If data is not managed properly the very purpose of lease abstraction will
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Admin
Tuesday, 09 April 2019 / Published in Lease Abstraction, Real Estate
5 Key Advantages of Outsourcing Lease Abstraction & Management
Real estate companies are increasingly adopting the process of lease abstraction that allows them to summarize essential business, legal and financial terms and conditions. A summary of key lease provisions makes it easy to locate and access information as per business requirement.  However, the volume and complexities of commercial real estate leases can make the
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