Accelerate acquisition due diligence with Lextract. Abstract entire lease stacks in minutes, verify rent rolls automatically, and detect lease-level risks before closing.
Acquisition due diligence requires abstracting 10 to 50 leases within days to verify rent rolls, assess tenant credit risk, and identify lease-level issues that could affect property valuation. Manual abstraction under these timelines is error-prone and expensive. Analysts often resort to spot-checking a handful of leases rather than reviewing the full stack, leaving material risks undiscovered until after closing. A single overlooked below-market renewal option can cost hundreds of thousands in lost revenue.
Lextract processes an entire acquisition lease stack in under an hour, extracting 126 structured fields per lease including all rent, escalation, renewal, and operating expense data. Automated red flag detection surfaces risks across every lease — not just the ones an analyst had time to review manually. The structured export feeds directly into Argus or Excel underwriting models, eliminating transcription errors between lease documents and financial analysis.
Manual Process
40-80 hours for 10 leases
With Lextract
Under 30 minutes
Time Saved
98% time reduction
Upload Data Room Leases
Batch upload all tenant leases from the seller data room. Lextract's AI reads scanned PDFs natively as images and handles inconsistent formatting and poor scan quality.
Verify Rent Roll
Compare extracted base rents, commencement dates, expiration dates, and escalation schedules against the seller-provided rent roll to identify discrepancies.
Review Red Flags
Examine automatically detected red flags across all leases — missing CAM caps, absent termination options, aggressive holdover rates, and other valuation risks.
Assess Tenant Risk
Review lease term lengths, guaranty provisions, security deposits, and renewal options to evaluate tenant credit and retention risk.
Export for Underwriting
Download structured data as Excel for integration with financial models, Argus, or investment committee memo templates.
Yes. Lextract's AI reads scanned documents natively as images, handling skewed pages, low resolution, and inconsistent formatting. Confidence scores on each extracted field indicate where scan quality may have affected accuracy.
Third-party abstraction firms typically charge $150 to $500 per lease and require 5 to 10 business days for delivery. Lextract costs $15 per lease and delivers results in 5–15 minutes. For a 20-lease acquisition, that is $300 vs. $3,000-$10,000, delivered in minutes vs. 1-2 weeks.
No. Lextract provides structured data extraction and risk flagging to accelerate and inform legal review, but it does not provide legal advice. Attorneys should still review key provisions, particularly where red flags are detected or confidence scores are low.
How to extract structured data from 50 to 500 leases in an acquisition data room. Speed benchmarks, PDF quality issues, and rent roll reconciliation workflows.
How to calculate debt service coverage ratio for commercial real estate loans, with worked examples and how lease data affects DSCR calculations.
How acquisition teams review and verify 20-50 leases in 48 hours during compressed commercial real estate due diligence periods.
Upload your lease PDF and get 126 structured fields extracted in minutes. Perfect for due diligence. Just $15 per lease.
Upload Your Lease