2210+

Projects Handled

5M

Data Processed

23+

Languages Handled

4+

Fortune 500 Clients

Why Choose Springbord

  • High degree of financial acumen and technical competence
  • Accurate analysis, including of any addendums or amendments
Quicker turnaround
Experienced resources
Industry best practices
Confidentiality of Data

What we do

  • Identify and account for multiple assets on lease
  • Separate lease and non-lease components
  • Capture reassessments, modifications, and remeasurements
  • Make abstractions of pertinent details and financial figures
  • Include addendum or amendments after thorough analysis
  • Give new Lease Accounting Requirements
  • Provide customized summaries for all financial, business, and legal provisions
  • Reduce overhead cost

What we offer

Real estate companies need quick access to abstractions of relevant data from their leases to ensure that they do not miss any financial obligations or relevant deadlines. Lease abstraction also helps realtors keep up to date on payment histories, renewals, and terminations. However, lease abstraction is often a very time-consuming process. It helps to have a lease abstraction company on your side to extract the valuable data you need from contracts and other paperwork so that you do not have to.

Springbord lease abstraction can shoulder the load instead, helping you to focus your attention on actually growing your business. We can do this by offering a team of lease analysts who are concise, accurate, and punctual. As soon as you need a specific set of information, our analysts will have it for you. Here is more information on Springbord’s lease abstraction service.

English Lease Abstraction

For companies looking for English language lease abstraction, Springbord can certainly help. Our experts can provide you with customized summaries for all financial, business, and legal provisions found in most leases, and we can send you reports in any format you desire. These lease abstracts can be easily incorporated into your company’s financial system or similar such applications.

The reports will include whatever information you specifically desire; you can expect the following and much more:

  • Critical dates
  • Operating expenses
  • Options and rights
  • Square footages
  • Security deposits
  • Rent projections
  • Income projections
  • Items of concern
  • Prohibitive and exclusive usages

Our English lease abstraction services are also notable for the following features.

  • Precise data
  • Thorough analysis, including any addendums or amendments
  • Abstraction of pertinent basic details and other information as well as financial figures

Multilingual Lease Abstraction

Springbord has abstracted leases in 21 different non-English languages, including French, Arabic, and Chinese, and depending on your language, we may be able to help you. By using multiple language quality checks, we are also able to ensure supreme accuracy as it pertains to your information.

Who we serve

Mortgage Lenders

Investors

Brokers

Commercial Real Estate Firms

Property Owners

real estate investment trusts (REITs)

Languages Handled

  • French
  • German
  • Spanish
  • Italian
  • Portuguese
  • Dutch
  • Polish
  • Swedish
  • Romanian
  • Russian
  • Turkish
  • Georgian
  • Norwegian
  • Slovakia
  • Danish
  • Arabic
  • Hebrew
  • Chinese
  • Japanese
  • Greek
  • Mandarin
  • Korean
  • Vietnamese

Case Study

The Challenge: Abstracting a Large Portfolio of Leases
The Solution: Ensuring Accurate Data Validation
Results: Achieving Accurate and Cost-Effective Lease Abstraction

  1. Delivered high level of accuracy, with 100% quality check done for all abstracts to ensure delivery excellence
  2. Optimized resource utilization through a committed team with the right skills and process expertise for managing the end-to-end process
  3. Provided significant cost advantage by ensuring quick turnaround with fewer resources, making the process cost-effective

WANT TO KNOW MORE?

Want to learn more about how we can help you improve data quality and optimize its potential?