REAL at CoreNetMeet REAL at CoreNetOct 26–28ChicagoBooth #508
Meet UsBook a MeetingREAL turns each tenant improvement allowance into a live recovery workflow: what the lease promised, what has been spent, what is eligible, what evidence is missing, what has been reimbursed, and what needs to happen next.
Get a dedicated demoREAL structures the allowance amount, per-square-foot logic where applicable, eligible and excluded uses, landlord work obligations, draw mechanics, milestones, completion requirements, submission deadlines, and any condition that controls payment.
Allowance terms · Suite 220, Meridian Plaza
Allowance
Draw structure
Submission deadline
Structured from the current lease and amendment chain
8 agents
Agents that abstract every lease, track every date, and enforce every obligation the landlord signed up for.
Each REAL agent is an expert in its domain, built to share context and act on what the others know. The more agents work in your portfolio, the more complete each one’s view of it becomes, and the stronger every decision your team makes.
Key term: Tenant improvement allowance in the commercial real estate glossary.
TIA recovery is the process of collecting the tenant improvement allowance the landlord committed to in the lease, subject to the lease's eligible-cost, documentation, milestone, and timing requirements.
It can. Many leases condition reimbursement on completion or submission by a defined date. REAL always presents the exact lease-specific deadline rather than a generic timing rule.
Requirements vary by lease. Common examples include itemized draw requests, invoices, pay applications, lien waivers, completion evidence, approvals, and certificates. REAL shows only the documents required by the governing lease.
Yes. Where the lease provides for staged or multiple draws, REAL tracks each draw's eligible spend, required evidence, submitted amount, landlord response, reimbursement, and remaining balance.
The cash recovery and the accounting treatment depend on the same underlying lease terms, so REAL keeps the recovery workflow linked to Lease Accounting rather than treating TIA as a separate record.
Start with one or two high-value workflows, connect the required data and documents, measure the result, then expand across domains.