For lease administration and real estate teams

Turn every lease in your portfolio into a financial asset.

From financial recovery to operational compliance, across every lease your portfolio carries.

Why it matters

An AI lease expert that reads every clause, holds every deadline, and recovers what your portfolio is owed.

REAL operates across your full lease portfolio with decades of enterprise lease experience built in.

1.2B sqft

of enterprise operations run on REAL

8M+

tasks completed across enterprise portfolios

14%

physical operations savings across portfolio

01

The notices that protect your rights, sent on time, automatically.

REAL holds every deadline in your lease portfolio and sends the lease-compliant notice the moment one is due. No missed window, no right lost to a calendar.

Upcoming critical dates

Renewal option · Austin · Apr 12

Notice sent

Audit window closes · Dallas · May 3

28 days

Co-tenancy cure timer · Maple Grove

94 of 120 days

"Tenant shall give Landlord written notice no later than 180 days prior to expiration." Master Lease §12.3(a)

147 dates tracked

02

Every answer about every lease, without waiting for legal.

Ask any question about any location or your entire portfolio, from a simple lookup to a complex what-if scenario, and get an immediate answer with the exact lease and clause it came from.

Lease Q&A

Which renewal options are expiring in the next 90 days?

Chicago (3), Dallas (5), Atlanta (6) · earliest: Apr 12

14 locations

Which of those have active co-tenancy conditions?

8 locations. 3 are currently triggered.

03

The capital you negotiated, claimed before you lose it.

Most TIA dollars expire before they're claimed. REAL tracks what each lease still owes you, packages the proof as you spend it, and submits the claim before the clock runs out.

TIA tracker · Heartland Dental · Tampa

Allowance

$220,000

Reimbursed

$158,000

Submission deadline · 21 days remaining

$62,000 at risk

Package ready · waiting on contractor lien waiver

04

Catch the CAM overcharges hiding in every reconciliation.

CAM is where the biggest billing leaks happen. REAL checks each reconciliation against the lease, flags disallowed charges and cap breaches, and prepares the recovery letter the moment one shows up.

CAM reconciliation · Q4 2025

Disallowed expense · Capital repair

§7.4(c) excludes capital items from CAM pool

−$29,400

Cap exceeded · Annual increase

5% cap on cumulative expenses · invoiced at 6.4%

−$11,200

Recovery letter · ready to send

$39,600

Portfolio total this quarter

05

Hold landlords to commitments, recover the dollars owed when they don't deliver.

REAL holds every landlord obligation against the lease and triggers the right moment one slips. Missed build-out delivery, repairs on the landlord's tab, an active co-tenancy: caught and acted on, not paid by default.

Landlord obligations · Active

Build-out delivery missed · Nashville

§4.2 triggers 50% rent abatement until delivery

Rent reduction

Co-tenancy trigger · Maple Grove

Anchor vacancy 94 of 120 cure days · $340K/yr exposure

Active

Roof repair · Atlanta

Tenant invoiced $16,400 · §8.1(a) assigns to landlord

Landlord's

Rights enforced this quarter

The REAL Suite

One agent is powerful. A suite is transformative.

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.

Lease Intelligence

Frequently asked questions

  • Most CAM leakage hides in a few repeatable places: capital expenditures billed into the operating CAM pool, management fees above contractual caps, an incorrect pro-rata share after a GLA change, base year items that should be excluded, and anchor costs allocated to inline tenants. The work is checking each reconciliation against the specific lease terms, exclusions, and caps. REAL runs that check against every lease, flags disallowed charges and cap breaches with the clause attached, and prepares the recovery letter the moment one shows up.

  • Missed dates come from tracking obligations in spreadsheets that nobody owns end to end. The fix is to extract every critical date from the lease itself and watch it against the calendar continuously. REAL abstracts the dates and terms, tracks them across the portfolio, and alerts your team before a renewal, option, or break clause window closes.

  • Most TIA dollars expire unclaimed because the proof is assembled too late. The answer is to track what each lease still owes you and package the evidence as you spend, not after the deadline. REAL tracks remaining allowance per lease, packages the supporting invoices as costs are incurred, and prepares the claim before the submission window runs out.

  • By tracking each obligation against the lease clause that creates it and acting the moment one slips. A missed build-out delivery can trigger rent abatement, a co-tenancy failure can trigger a remedy, a repair on the landlord’s account should never be paid by the tenant. REAL holds every obligation against the lease and triggers the right at the moment it applies, so what you are owed is recovered instead of absorbed.

  • Abstraction is the bottleneck because reading every lease by hand does not scale across hundreds of locations. REAL extracts the dates, financial terms, clauses, and rights from each lease and maps them into a structured record, with every field linked back to the page it came from so your team verifies rather than re-reads.

  • The fields that drive money and risk: critical dates, renewal and termination options, rent steps and escalations, CAM and pass-through terms, co-tenancy and kickout clauses, use and exclusive restrictions, insurance requirements, and landlord work-letter and tenant improvement allowance references. REAL pulls each of these into a structured record with every field linked back to the clause it came from, so the abstract is verifiable rather than just a summary.

  • Manual abstraction is slow and hard to scale, and a generic tool reads a lease with no sense of what matters in one. REAL is grounded in your own lease data and built on real estate domain context, so it tells a kickout clause from a co-tenancy trigger, maps the output into the formats your lease-admin and finance teams already use, links every field to its source, and routes conflicts and uncertainties to a person rather than guessing.

  • REAL handles the documents a real portfolio actually contains: NNN, gross, and modified-gross leases, along with letters of intent, amendments, and work letters, across multi-location portfolios. Scanned, redlined, and inconsistent formats are the expected case, not the exception.

  • Yes. The point of abstraction is to remove manual re-keying, so the output comes out structured: Excel tables, PDF reports, JSON data, and system-import formats that line up with your lease-administration and project tools. The abstract goes back into the systems your team already works in.

  • Risk review reads for non-standard language in the sections that carry the most exposure: termination, default, force majeure, assignment, and liability. REAL flags where a lease deviates from standard, prioritizes the high-impact deviations, and attaches a citation to each, so legal and lease-admin time goes to the clauses that actually matter.

Uncover what every lease in your portfolio is actually worth.

Every obligation tracked, every right enforced, every dollar your leases entitle you to acted on, in real time.

  • Know every obligation
  • Enforce every right
  • Recover what you're owed
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