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Your firm will have access to the best abstract software available without the initial capital investment or training dollars to keep your staff current on this specialized tool.  By outsourcing your lease abstracts, your team can maximize its productivity by focusing on the analysis and management of the asset itself.  Ever expanding paper-based systems for lease administration are inefficient and often result in key dates being missed.  Our product will provide easy to use, baseline data that can then be efficiently loaded into your accounting software or provide the perfect audit tool to ensure that previously entered data is correct. Let us streamline your process.  The value of a well-abstracted lease cannot be overestimated.  Your investment in accurate, timely and reliable data can be defrayed directly from the project or property because the service is now provided by a low cost outside vendor.  No longer will abstracting just be one of myriad duties the in-house team has to complete.  Let the project or properties pay directly for the true cost of the critical value that a well abstracted lease provides.  Your opportunity to increase the value of real estate depends upon a full understanding of the lease.

Property Managers and property accountants need to abstract leases so they can efficiently manage the physical and fiscal maintenance of the property and maximize its financial return.  Typically taking time to abstract a new lease is a low priority in the midst of all the more pressing day-to-day activities.  Lease Abstract Services can abstract all those leases for you quickly or abstract newly signed leases one at a time.  The abstract is delivered to you electronically in the PDF format Adobe Acrobat and can be converted to Microsoft Word, which can be easily shared with all colleagues.  When multiple members of your team abstract, you will have varying degrees of accuracy based on their experience with abstracting.  Differing results can lead to error.  Our abstracts provide consistent and reliable information in an easy to use format.  Inconsistent or inaccurate data often results in lost revenue or increased expense. Critical date management is so important in the management of a property.  The Ellipsis software allows you to easily populate the Outlook calendar with all the key dates of a lease.

Is the lease abstract process giving you and your colleagues headaches? Are lease abstracts slowing down your due diligence or lease administration? Why not outsource the solution and free up your team to be more productive?

Development/Acquisition

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Property Management and Accounting

bestabstract@comcast.net or 443-867-0617

You are at the start of that very short due diligence period.  Those boxes of leases have arrived and are now waiting to be abstracted.  Time is money and you now need some flexible resources.  You want those leases abstracted quickly so that you begin your financial modeling and make the best decision. - Call us! (443) 867-0617 We will abstract those leases quickly, accurately, and economically.  The end result will be a consistent format that offers a wide range of special reports available to you.  Best of all, many key fields can be exported automatically to Argus and even to Winstack.  Don't let the lease abstract process slow down your analysis of a potential acquisition.

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Lease Abstract Services  can solve your problem.  We will provide you with accurate lease abstracts completed by commercial lease management professionals.  We can streamline the demands on your team and abstract your leases quickly in a consistent and easy to read format. We use the best proprietary abstracting tool to standardize the commercial lease abstract.  Ellipsis 3.0 will cut your transaction cost, reduce your cycle time and assure that you fully capture all the revenue due under the lease. Lease Abstract Services  can also provide a wide range of reports that will enable you to see the bigger picture on a single property or a portfolio of properties.  This report function is unparalleled in the industry.  We can provide reports on key lease clauses such as kickouts, co-tenancy, options, terminations, restrictions, exclusives, and most other individual clauses that are often overlooked.

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"While we certainly have the capability to abstract leases for ourselves, it makes more sense to let Lease Abstract Services do it for us.  The quality and consistency of the abstracts and the related reporting saves us time and money."     Brad Hutensky, President,  The Hutensky Group

Lease Abstract Services