Lease Abstraction and M&A Summary Report

Industry: Real Estate
Client: Leading Commercial Property Management Firm

Issue:

The client was interested in purchasing numerous strip malls. They found it difficult to understand the rights, obligations, duties and liabilities from the variety of leases.

Solution:

Abstracting and summarizing 175 agreements, we assessed and summarized the client’s liabilities and obligations from their purchases.

Benefits:

  • Scaled and trained teams quickly; for multiple acquisitions the client required rapid turnaround
  • Summarized key provisions of the leases for quick and accurate understanding of the obligations
  • Participated in seven unique lease abstraction projects over four years, involving 175 types of agreements
  • Summarized all liabilities and obligations into easy to understand report
  • Rapidly abstracted the client’s various leases – most recently we abstracted 21 leases in five days