30 Days In: How Prophia Abstract Is Changing the Game for CRE Professionals
Thirty days ago, we launched Prophia Abstract—our new instant abstraction tool designed to deliver AI-generated lease abstracts in minutes. Since launch, it’s already proving to be one of the most impactful additions to the Prophia platform, providing fast, accessible lease insights for a broader range of commercial real estate professionals.
And in just one month, the response has made one thing clear: the industry was ready for this.
Built for users who need immediate answers but don’t require the depth of a full lease management system, Prophia Abstract is lightweight, powerful, and easy to use. Whether you’re on an acquisitions team conducting due diligence, a lender assessing risk, or a broker negotiating lease terms, you can now access accurate lease data faster than ever before—without the delays, costs, or inconsistencies of traditional abstraction.
An Innovation Built on Proven Infrastructure
Prophia Abstract isn’t just a new feature—it’s a breakthrough built on a proven foundation. Backed by Second Century Ventures, Crow Holdings, Cercano Management, SignalFire, and other leading investors, Prophia’s core AI engine has already processed over 150,000 lease documents representing more than 370 million square feet of commercial real estate. Our models are trained by data scientists with deep CRE expertise and refined by seven years of hands-on work with top-tier ownership groups like Nuveen, Related Companies, Spear Street Capital, RXR, and Rudin.
Now, we’ve packaged that same intelligence into an accessible, self-serve tool—giving everyone in CRE a way to get answers faster.
Fast. Accurate. Affordable.
In an industry where delays cost money, Prophia Abstract eliminates the bottlenecks of legacy abstraction. With just a simple drag-and-drop, users can upload a lease document and receive a structured abstract in minutes. Even better? It’s priced at a fraction of what traditional abstraction providers charge, making it the go-to solution for anyone who needs speed and accuracy.
As Clay Stirsman of Colliers’ Capital Markets team shared:
“Even in the early stages, Prophia Abstract is proving to be a valuable tool. Its speed and accuracy are unparalleled, and we’re eager to integrate it further into our workflow.”
What’s New Since Launch
We’re just getting started. In the first month, we’ve rolled out:
• Multi-document abstraction – Upload all lease-related documents for a single tenant and receive one comprehensive, consolidated abstract.
• Improved formatting and export options – Making it easier to share, reference, and act on the data.
And coming soon:
• Inline document viewer – See exactly where data is being pulled from in the lease, for greater transparency and trust.
A Smarter Way to Work
The launch of Prophia Abstract reflects a larger shift in how the CRE industry accesses and uses data. Traditional abstraction is slow, expensive, and error-prone. Full-scale platforms are often too much for professionals who just need a quick answer. Prophia Abstract sits in the middle—offering speed and simplicity, powered by the same trusted AI that drives our enterprise-grade solution, Prophia Essentials.
“Prophia Abstract represents the next chapter in our mission to bring clarity and efficiency to the CRE industry,” said Cameron Steele, CEO of Prophia. “It’s rare to deliver something truly innovative that is better, faster, and more cost-effective than every alternative—but that’s exactly what we’ve done.”
Try It for Yourself
Prophia Abstract is available now at prophia.com/instant-lease-abstract. Whether you’re reviewing terms, tracking critical dates, or preparing for a deal, it’s the fastest way to get trusted answers from your lease documents.
Want to see how the industry is reacting? Check out the press coverage from BusinessWire and others to see why Prophia Abstract is already making headlines.