CREagentic is an AI-powered platform for commercial real estate built around The Analyst — a conversational AI employee that handles deal underwriting end-to-end: valuation, BOVs, waterfalls, dispositions, IC memos. You can also access individual analysis tools directly — rent roll parsing, T-12 parsing, environmental report analysis, and more — as power-user deep-links from the dashboard.

How does CREagentic compare to leading analysis software?

CREagentic provides transparent DCF valuation plus The Analyst — chat-driven rather than menu-driven. Individual analysis tools (lease abstraction, LOI redlining, CAM reconciliation, rent roll parsing, T-12 parsing, and more) are accessible directly or through The Analyst's workspace. CREagentic starts free with no implementation fees.

Property managers, asset managers, CRE brokers, accountants, and acquisition teams at REITs, private equity firms, and property management companies use CREagentic.

Yes. The free demo includes 10 one-time AI credits with no credit card required. Paid plans include monthly AI credits; complex documents use more credits. Advanced features like PDF/Excel exports and scenario analysis require a paid plan.

What is AI lease abstraction?

AI lease abstraction uses artificial intelligence to extract structured data from commercial lease documents in a fraction of the time manual review takes. CREagentic extracts 200+ fields including rent schedules, CAM provisions, options, and critical dates.

What is CAM reconciliation?

CAM reconciliation is the annual process of comparing actual common area maintenance expenses to the monthly estimates collected from tenants, resulting in either an additional charge or a credit for each tenant.

Commercial Lease Abstraction: What to Extract and Why It Matters

What a lease abstract is

A lease abstract is a structured summary of the business, financial and legal terms in a commercial lease. A typical office, retail or industrial lease runs 50 to 100 pages once you count the exhibits, the work letter and the amendments. Nobody rereads the full document to check a rent escalation date or confirm a renewal option. The abstract puts that information in two to five pages, or in a database record with 200 or more fields.

An abstract is not a casual summary. It is a precise extraction of specific data points: exact dollar amounts, exact dates, exact notice requirements, in a standard format that allows comparison across tenants and properties. Property managers, asset managers and transaction teams reference it daily.

Who uses abstracts

Buyers during due diligence. Buying a 15-tenant office building means understanding every lease before closing. What are the rent obligations. When do the leases expire. Are there below-market renewal options that cap the upside. Are there co-tenancy clauses that cut rent if another tenant leaves. Abstracts let the acquisition team assess the income stream without reading 1,500 pages, and they point outside counsel to the provisions that need a full read.

Property managers day to day. A manager with 40 tenants across three buildings cannot reread each lease when a question comes up. The abstract answers it: what this tenant owes in January, when its insurance certificate expires, whether it can install exterior signage, whether it can sublease half its space. Without reliable abstracts, managers dig through documents for hours or rely on memory that leaves when staff does.

Lenders underwriting a loan. The lender needs to verify the income stream. Abstracts feed the underwriting model with lease terms, rent schedules, escalations and tenant obligations. Lenders look hardest at expirations relative to the loan term and at any provision that could cut income during it.

The fields to extract

Basic terms. Tenant legal name and trade name, which often differ. Guarantor. Suite number. Rentable and usable square footage and the measurement standard. Commencement and expiration dates. Original term. Every option: renewal, expansion, contraction, termination, right of first refusal, each with its exercise window, notice requirement and the terms that apply if exercised.

Financial terms. The base rent schedule with the actual dollar amount for every period, not "3% annual increases." Percentage rent thresholds and reporting requirements. NNN estimates and reconciliation provisions. Security deposit and any conditions for reduction. Improvement allowance, disbursement conditions and deadlines. Free rent. Late fees. Abatement triggers for casualty, condemnation or landlord default.

Operational terms. The permitted use in its exact words, because "general office use" and "office use consistent with a Class A building" are not the same. Exclusive use restrictions. Co-tenancy requirements and remedies. Operating hours. Continuous operation obligations. Signage rights. Parking allocation and cost. Storage. Roof and antenna rights.

Insurance and compliance. Required coverage types and limits. The exact entities that must be named as additional insured. Waiver of subrogation. Certificate deadlines. These are referenced constantly in operations and abstracted incorrectly more often than any other section.

Transfer. Whether consent is required for assignment, subletting or both. The consent standard. Recapture rights. Profit sharing on sublease income. Change-of-control triggers. These decide the tenant's exit and the lease's value in a portfolio sale.

Special provisions. Rights of first refusal and first offer. Kick-out clauses. Go-dark rights. Radius restrictions. Purchase options. Relocation rights. Anything unique to the lease that fits no standard category. These are the easiest fields to miss and often the most important.

Good abstracts and dangerous ones

Translate, do not copy. A bad abstract pastes lease language into a form. A good one converts it into a usable statement. The lease says: "Commencing on the first day of the thirteenth full calendar month following the Commencement Date, and on each annual anniversary thereof during the initial Term, Base Rent shall increase by three percent (3%) over the Base Rent payable during the immediately preceding Lease Year." The abstract says: "Annual escalations: 3% fixed, compounding, effective each anniversary of month 13."

"Lease silent" is not "N/A." When the lease does not address a topic, the abstract should say so. "N/A" implies the provision was reviewed and does not apply. "Lease silent" means the document says nothing, and local law may fill the gap in ways nobody negotiated. A lease silent on assignment, for example, defaults to state law, which may be more or less restrictive than a negotiated clause.

Missing amendments. The most damaging error. A lease signed in 2015 with three amendments may have a different rent schedule, different options and different expense provisions than the original. An abstract of the original alone is worse than no abstract, because it gives the reader confidence in wrong information.

How the work has changed

Traditional abstraction is done by paralegals, junior associates or specialist firms. One lease takes four to eight hours. A 20-tenant building takes 80 to 160 hours plus review. At $75 to $150 an hour, a portfolio with 200 leases can cost $100,000 or more to abstract.

Our lease abstract agent processes a lease in minutes and returns 200 or more structured fields, each with a reference to the page and clause it came from. It applies the same extraction logic to every lease, which matters most in portfolio work: 200 leases abstracted by ten paralegals produce ten interpretation styles, and 200 abstracted by one system produce one. It cross-references amendments against the original, and it flags provisions that look unusual or one-sided so the reviewer knows where to spend time.

What an abstract does not replace

Reading the lease. An abstract is a daily reference and a screening tool. During due diligence, counsel still reviews the full documents. The abstract tells them which leases have odd provisions, multiple amendments or real risk, so they read those closely and the rest efficiently. The abstract finds what matters. The full review confirms it.