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Lease administration REmaap AI

REmaap is changing the way lease administration is performed. With REmaapᴬᴵ, you can have your lease administration team abstract a rich data set and pull in data from your core system which allows them to perform a full range of lease administration activities in a streamlined and easy to understand interface. You can also store and update data that you would not traditionally have in your core system, supporting things such as permitted use, co-tenancy impacts, and others.

Accelerate Lease Abstractions

REmaap will accelerate and streamline lease abstractions or ongoing lease data maintenance. Lease administration is improved because REmaap ensures that accurate data reaches your core systems with features such as project communications, document management, workflow, business validations, and import/export. REmaap also offers a natural language processing and analytics feature that can save up to 40% on abstraction time.

Integration with Argus

REmaap integrates with Argus and can import data from any source system, which helps to evaluate deals and enhances and loads data after a transaction closes. You can review leases, validate rent rolls, and load data into DCF or AE files for modeling. Then import data from the seller’s system, clean it up and load all of the clean data into your system. This due diligence and data migration greatly improve the lease administration process.

Data Analysis

The REmaap analytics module can help you drill down graphic dashlets for a range of different analytics for a big range of varying analytics measures, from lease administration productivity by the administrator to upcoming vacancies by leasing agent to co-tenancy impacts per property.

Automation of LOIs

Many clients see the potential of great success in leveraging REmaap to coordinate the Letter of Intent workflow. REmaap’s document management, approval tracking capabilities, and workflow will streamline the LOI process and allow key data to be populated into the core system when the LOI is executed.

Natural Language Processing

REmaap has an optional Natural Language Processing, which helps to boost the abstraction process by:

  •      Auto tagging dates, currency amounts, and clauses in relation to the abstraction template.
  •      Auto OCR and annotation when uploading lease documents.
  •      Auto bookmarking of all lease documents for easy future reference from your core system.

REmaap is a web-based platform that is designed for many different CRE projects including lease administration. Any project that requires migrating data from one system to another or moving from unstructured to structured and manageable data. REmaap helps you essentially tame all of the data that comes with lease administration and helps you have greater control of your commercial real estate project.

Ready to see how REmaap can transform your real estate processes? Try the software out free for 30 days. Lease administration does not have to be a long, drawn out and data-bogged process with REmaap. You can perform lease administration faster and more accurately by leveraging REmaap. Your team can perform a wide range of lease administration activities in a quick and easy-to-understand interface. Contact us today to get started.