Situs Companies - Trusted InSight into Global Real Estate



Quality Service

Lease abstracting is a critical first step in the financing, re-financing and acquisition of commercial real estate properties. Our professionally trained legal team develops timely, accurate and concise abstracts of tenant leases for lenders, buyers, borrowers, sellers and managers of commercial real estate, as well as for law firms looking to outsource this aspect of the transaction process.

Situs’ lease abstracting clients typically include many of the largest national and international lending institutions and portfolio owners. Each year our abstracting team reviews, analyzes and abstracts thousands of leases on a variety of property types including office, retail and industrial, and we routinely complete large abstracting assignments with short turnaround expectations.

Situs’ lease abstracting services are available separately or as an integral component of our Real Estate Consulting services. We also offer an effective, secure way to manage our clients’ lease documents using the Situs D.O.R. (Digital Online Repository). Leases, amendments, assignments, and other critical documents can be immediately accessed by authorized users anytime via the Internet, saving clients time and money.

Contact:

STAN OBLOY, J.D.
Director
stan.obloy@situscompanies.com

713.328.4433
CHERYL CLARK, J.D.
Abstracting Manager
cheryl.clark@situscompanies.com

713.328.4493

Abstracting Types

• Retail, Office, Industrial
• Financial/Management
• Rent Roll Reconciliation
• Single Property or Portfolio

Special Services

• Lease Administration
• Client Software & Lease Data Entry
• Category Analysis (Co-Tenancy/Go Dark)
• Detailed CAM Breakdowns/CAM Pools

Abstract Templates

• Basic-to-Detailed Excel Formats
• Comprehensive Narrative Formats
• Client and Customized Formats
• REA, Ground, Anchor, Government and Hotel Mgmt

Pricing Structures

• Fixed pricing typically available
• Based on format, level of detail, timing and complexity
• Attractive hourly rates
• Special pricing for large portfolios