Real Estate

Lease Abstraction & Analysis Automation

Extract critical lease terms from thousands of documents in hours, not months.

30 min per lease
Abstraction Speed
95%+
Accuracy
↓ 70%
Cost per Abstraction
500+
Leases Processed/Day

Solution Overview

Commercial real estate firms and corporate occupiers maintain large lease portfolios. Cray automates lease abstraction — extracting critical data points like rent escalations, break clauses, renewal options, and CAM charges for ASC 842/IFRS 16 compliance.

The Manual Process Problem

Paralegals and lease administrators manually read each lease (30–200 pages), extract 50–100 data fields, and enter them into lease management systems.

Cray's Automation Approach

Specialized lease NLP models extract all critical terms with location citations. Multi-tenancy across property types (retail, office, industrial). ASC 842/IFRS 16 calculation outputs. Exception queue for non-standard or ambiguous clauses.

Key Benefits

Lease abstraction speed: 30 minutes vs. 8 hours manual
95%+ data extraction accuracy with citations
IFRS 16 / ASC 842 compliant outputs
Portfolio-wide critical date tracking

Automation Coverage

AI & Automated Processing80%
Human Expert Oversight20%

Target Clients

  • CBRE
  • JLL
  • Cushman & Wakefield
  • Colliers International
  • Savills
  • Knight Frank

Why Cray for Lease Abstraction?

  • 3+ years domain experience
  • Deployment in 4–8 weeks
  • ROI within 90 days
  • 24/7 automated processing
  • Enterprise security standards
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