Posts Tagged ‘Lease Abstracts’

What is a Lease Abstract? (in Commercial Real Estate)

What is a Lease Abstract? (in Commercial Real Estate)

A lease abstract provides a concise analysis of lease documents in a format that is easily understood. It also gives structure to ensure any material items will be found and information in the form can be quickly referenced in the lease for further detail. The lease abstract should be created in a format that is…

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How Artificial Intelligence Is Being Used To Read Leases, Other Real Estate Documents

How Artificial Intelligence Is Being Used To Read Leases, Other Real Estate Documents

Originally Appeared on GlobeSt.com by Erika Morphy “A lot of people tend to give heavily-weighted promises about Artificial Intelligence (AI) and where it is going.” CHICAGO–A typical client for Nicholas Bartzen, an associate with Levenfeld Pearlstein’s Community Association Group, would be a condominium representative whose building has anywhere from four to 500 units and whose…

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Escape Clauses in Retailer Leases Could Trigger ‘Domino Effect’ of Vacancies at Lagging U.S. Shopping Centers

Escape Clauses in Retailer Leases Could Trigger 'Domino Effect' of Vacancies at Lagging U.S. Shopping Centers

Originally Appeared in PR Newswire by Mike Harris Darkened anchor spaces threaten to trigger other stores’ co-tenancy clauses, necessitating careful risk assessments for many properties, writes Mike Harris of CREModels, in column for Forbes.com. ST. PETERSBURG, Fla., April 12, 2018 /PRNewswire/ — Store closures by the likes of Macy’s and Toys “R” Us threaten to…

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