OHI offers comprehensive lease reconciliation, audit, administration, and abstraction services. Our team is skilled in managing industrial, retail, and commercial leases with precision.
With over 19 years of real estate expertise, we handle complex leases, including renewal options, rent abatements, tenant allowances, and CAM charges. We’re also familiar with terms like Hold Over, Go Dark, and Subletting.
Our team works with leading software like Prolease, Yardi, MRI, and CoStar. We provide trusted lease abstraction services to real estate companies across states such as California, New York, Texas, and Florida.
Commercial & Residential Real Estate Clients
Served 250,000 Units and 10 Million Sq. Foot Across Clients
Team Including CPAs, MBAs and Graduates. Leases are abstracted by accountants leading to high quality, well detailed abstracts
Superior Quality enabled by Two Level Abstract Review
California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington And More
Simple and accurate lease abstracts for easy real estate management.
Comprehensive lease abstracts with in-depth details for precise property management.
Streamlined lease management with timely updates and compliance.
Lease Administrator have experience in lease abstraction, lease administration, real estate accounting (including CAM reconciliation) with exposure to residential and commercial leases. They are well-versed with CAM reconciliation and are familiar with various leasing terms and clauses.
Lease abstraction services involve reviewing full lease documents (including amendments and side letters) and extracting the critical financial, legal, and operational data into a clear, structured summary. These summaries help property owners, managers, accountants, and legal teams quickly reference key lease terms without reading the entire document.
To abstract a lease means to identify, extract, and condense essential clauses, dates, and data points from the full lease (and related documents) into a concise form. It’s not a verbatim copy, but a distilled version capturing the most relevant terms: rent, renewal options, obligations, key deadlines, etc.
The “90% rule” refers to a standard accounting test: if the present value of the minimum lease payments is 90% or more of the fair market value of the leased asset, then the lease may be classified as a finance (or capital) lease rather than an operating lease.
A lease abstraction analyst is responsible for:
Top-tier providers typically deliver 98% or higher accuracy, supported by layered quality control, audit trails, clause linking to source text, and domain expertise. Accuracy depends on document clarity, complexity, and the provider’s review process.
Outsourcing offers several benefits:
A typical lease abstraction includes:
The timeline depends on complexity and volume. Simple leases may be abstracted in 24–48 hours, while complex leases with multiple amendments can take several days. Bulk or portfolio-level abstraction may run on multi‑day workflows depending on client scope and SLAs.