Prophia AI Lease Abstraction for CRE
Prophia helps commercial real estate teams automate the extraction of lease terms. It is designed for firms managing portfolios of retail, office, or industrial properties.
At a glance
- Category
- Real Estate
- Best for
- Commercial Real Estate Agencies, Property Management Companies, Commercial Real Estate Firms, Asset Managers, CRE Brokers
- Pricing
- Prophia Abstract is priced at $20 per lease. Prophia Essentials is available via an annual subscription priced per tenant.
- Key use cases
- Lease Abstraction, Acquisition Due Diligence, Portfolio Analytics, Property Management, Investor Reporting
- Integrations
- Yardi, MRI, CSV export, PDF export
- Official website
- prophia.com
Prophia is a lease abstraction platform designed for commercial real estate (CRE) professionals. It uses AI to pull specific data points from lease documents and offers different service levels based on whether a user needs a quick summary or a full management system.
The software supports asset managers, property managers, and brokerage teams by converting PDF leases into searchable data for portfolio analytics, due diligence, and reporting.
Buyers should note that the platform is optimized for retail, office, and industrial properties; it does not support residential or multifamily leases. While AI handles the initial extraction, human expert review is included in higher-tier plans to support data accuracy.
Security features include SOC 2 certification and hosting on AWS, with options for single sign-on (SSO) and two-factor authentication.
Key Features
Extracts lease terms and data points from PDF documents.
Available in the Essentials plan, where CRE experts audit AI-extracted data to help reach 99% accuracy.
Visualizes tenant data, critical dates, and encumbrance information.
Identifies space restrictions that may affect cash flow or asset value.
Locates terms across tenant documents with direct hyperlinks to the source PDF.
Reporting and trend analysis available via the Portfolio add-on.
Use Cases
Converting PDF lease agreements into structured data for tracking.
Analyzing tenant leases and reconciling rent rolls during the purchase process.
Using aggregated lease data to generate reporting and identify portfolio trends.
Supporting CAM reconciliations and budgeting processes.
Sharing performance metrics and financial analysis with stakeholders.
Best For
Integrations
Pricing
Prophia Abstract is priced at $20 per lease. Prophia Essentials is available via an annual subscription priced per tenant.
FAQ
Prophia is optimized for retail, office, and industrial properties. It does not support residential or multifamily leases.
The Essentials plan combines AI with expert human oversight to target 99% accuracy. The Abstract tool is AI-only and relies on the user to review and edit the data.
Yes, the platform uses OCR technology designed to extract data from older contracts, including those with smudges or faded ink.
Prophia Abstract is $20 per lease, while Prophia Essentials uses an annual subscription priced per tenant.
Source category: Real Estate
Source subcategory: Property Management
