AI-Assisted Lease Comparison: Scope, Sources, and Review
One of the most common requests from CRE asset managers: “Compare these lease terms across all my tenants.” It sounds simple. In practice, it's one of the most time-consuming tasks in CRE.
The Traditional Workflow
For a 40-tenant retail center, comparing renewal options means opening each lease (50-100 pages each), finding the renewal section, extracting key terms, and entering them into a spreadsheet. The review effort varies with the number, length, quality, and organization of the governing documents.
The Sevrel Workflow
One query:
Query:
“For all tenants at Maple Crossing Plaza, compare their renewal options: number of options, option term, notice period, and renewal rent basis.”
Sevrel can retrieve candidate renewal sections from the indexed review set and return a structured comparison designed to include citations. Retrieval may omit a lease, amendment, or controlling clause, so confirm the intended document set and verify every material term against the governing record. Processing time varies with document volume and complexity.
What You Get Back
- Structured comparison — terms organized consistently across leases
- Source evidence — outputs are designed to include lease-section citations; citations can be incomplete, so verify material terms
- Amendment evidence — retrieved amendments can inform the comparison, but reviewers must confirm that the controlling amendment was included
- Notable outliers — unusual structures flagged for attention
More Comparison Queries
“Compare escalation structures: fixed vs CPI vs fair market”
“Compare CAM cap provisions across all tenants”
“Which tenants have exclusivity clauses? What are the restricted uses?”
Try Lease Comparison
See how Sevrel compares lease terms across your properties.