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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?

All Clients

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 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.

You are at the start of that very short due diligence period.  Those boxes or CD rom of leases 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 may continue your financial modeling and make the best decision possible. - 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 directly into Argus or Winstack.  Don't let the lease abstract process slow down your analysis of a potential acquisition.

Development/Acquisition

Property Management and Accounting

Property Managers and property accountants need leases abstracted so they can efficiently and effectively manage the physical and fiscal aspect 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 will quickly abstract all those backlogged 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, which can quickly and easily be shared with all coworkers.  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.  Lease Abstract Services abstracts provide 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. The critical date report gives ou a hard copy of all the key details on a property for an unlimited number of years.

"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

Your firm will have access to the best abstract software available without the initial capital investment or training time or 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.  Automated systems are after not easy to access for reports. 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 often depends upon a full understanding of the lease.

For any questions you may have, please contact us:

bestabstract@comcast.net or 443-867-0617

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