Category Archives for "Lease Abstract"

Lease Abstraction and Artificial Intelligence
Apr 16

Lease Abstraction and Artificial Intelligence

By Guy Gray | Artificial Intelligence , Lease Abstract

When someone mentions the letters “AI,” what comes to mind? Perhaps it’s a young robot boy who is programmed to love and looks like Haley Joel Osment. Or, maybe it’s a Turing test that involves a human being’s relationship with an intelligent humanoid robot, a la Ex Machina. The bioengineered androids of Blade Runner are also often associated with artificial intelligence.

Whatever your mind conjures up, it’s likely not the 1s and 0s of software that you use on a daily basis. But, the truth is, most of the AI we deal with is just that: software. In terms of the commercial real estate world and lease abstracts, AI can be extremely beneficial for organization and efficiency. Let’s take a look at how the artificial intelligence you’ll find in CRE automation software isn’t too far removed from the friendly “AI” robots you see in the movies.

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Sep 20

What is a Lease Abstract?

By Guy Gray | CRE Technology , Lease Abstract

Whether you are leasing a single property or an entire portfolio, contract, payment and other logistical details can stack up fast.  What starts out as a plan to invest, manage and otherwise grow your real estate empire can quickly become an overwhelming logistical nightmare as you attempt to keep up with terms and conditions, lease termination dates, rent projections, security deposits, maintenance terms and a myriad of other logistical minutia.  Enter the lease abstract.

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