Stop paying $25–$75 per lease to offshore abstraction shops.
For REIT analysts, asset managers, and property teams who've outgrown spreadsheets but don't want a Visual Lease implementation. PaperAI extracts tenant, base rent, escalations, CAM, renewal options, and every key date — with an analyst in the side-by-side review on every high-stakes field.
100 free credits ≈ your first lease. Exports straight to Yardi, MRI, VTS via CSV.
Exports cleanly into
- Yardi
- MRI
- VTS
- AppFolio
- Your spreadsheet
Commercial real estate teams have spent the last decade outsourcing lease abstraction to India at $25–$75 per lease. The work is slow, error-prone, and creates a black box between the legal document and your asset management system. PaperAI brings that abstraction in-house — a property manager, REIT analyst, or in-house counsel can drop a lease and have abstracted fields in under a minute.
Lease abstraction is hard because every landlord template is different, escalations live in schedules and exhibits, option dates are buried mid-paragraph, and CAM definitions vary wildly. Premium AI models read the full lease as a single document and locate each field the way an experienced abstractor would — then surface confidence scores so your team verifies the high-stakes fields before they hit Yardi or MRI.
Visual Lease, Leverton, and Prophia dominate the enterprise CRE tooling market with $100–$500/seat pricing. PaperAI's $19–$99/month tiers make abstraction accessible to single-asset owners and small CRE teams that would otherwise stay on spreadsheets and offshore vendors.
A 40-page commercial lease in. A clean abstract out.
Commercial lease PDF (50–250 pages)
COMMERCIAL LEASE AGREEMENT Landlord: Cascade Property Group, LLC Tenant: BlueRidge Engineering, LLC Premises: 12,400 RSF, Suite 400, 2200 Industrial Way 2. TERM. Initial Term of seven (7) years commencing October 1, 2024 and expiring September 30, 2031. 3. RENT. Initial Annual Base Rent: $372,000 ($31,000/mo) Annual escalation: 3.0% on each anniversary. 4. CAM. Tenant pays pro-rata share of operating expenses on a modified gross basis, base year 2025. 8. OPTIONS. Tenant has two (2) consecutive five-year renewal options, FMV with 95% floor of last year rent, exercisable with nine (9) months prior written notice.
Abstracted lease record (ready for Yardi/MRI)
json{
"tenant": "BlueRidge Engineering, LLC",
"landlord": "Cascade Property Group, LLC",
"premises_sqft": 12400,
"term_years": 7,
"commencement_date": "2024-10-01",
"expiration_date": "2031-09-30",
"base_rent_annual": 372000.00,
"escalation": { "type": "fixed_pct", "rate": 0.03, "freq": "annual" },
"cam_structure": "modified_gross",
"cam_base_year": 2025,
"renewal_options": [
{ "count": 2, "term_years": 5, "type": "FMV", "floor_pct": 0.95,
"notice_months": 9 }
],
"confidence": { "rent": 0.99, "options": 0.93 }
}Set your monthly lease throughput and what you currently pay per lease offshore. PaperAI replaces the offshore bill — your team still reviews every high-stakes field side-by-side.
CSV/JSON export works with every system today. Direct push connectors below ship next.
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Common questions
Answers focused on conversion quality, team workflows, and roadmap clarity.
Bring lease abstraction in-house — 60 seconds per lease.
100 free credits ≈ your first lease. Validate the workflow on a real lease from your portfolio before paying anything.