Lease Abstraction & Analysis Automation
Extract critical lease terms from thousands of documents in hours, not months.
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
Automation Coverage
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
Related Solutions
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