Since the launch of ChatGPT, the commercial real estate industry has buzzed with interest around using AI to streamline operations—especially document review. And with good reason. Tools like ChatGPT are fast, accessible, and surprisingly capable. But when it comes to serious commercial lease abstraction, ChatGPT just doesn’t cut it—and if you’ve tried to build anything meaningful with it, you probably already know that.
We encourage anyone with a ChatGPT account to test this for yourself. Try to replicate the output of a Prophia Abstract. You’ll quickly find it’s hard—if not outright impossible. Even if you’re in the top 1-5% of users with the technical skill, initiative, and patience to build a custom GPT for lease abstraction, you’re still operating in a sandbox that wasn’t built for the complexity of CRE documents.
Prophia Abstract isn’t a hobbyist tool—it’s an enterprise-grade lease abstraction engine, custom-built for commercial real estate. And even in its earliest release, it delivers capabilities that ChatGPT simply can’t:
Source-linked data: Every abstraction includes direct links back to the source document, so you can verify with confidence.
Multi-layered review: Initial data extraction passes through multiple rounds of validation to prevent hallucinations and catch inconsistencies.
Tag normalization and annotation: Critical fields like BRS, commencement, and expiration dates are extracted with proprietary workflows designed specifically for CRE documents.
Clean formatting: Results are automatically formatted into structured Excel files for easy review, sharing, and downstream use.
Scalable processing: Abstract in bulk—with parallel processing, in-app views, and centralized abstract storage.
And here’s the kicker: this is the least capable version of Prophia Abstract you’ll ever see. We’re just getting started. With every iteration, the product improves—guided by real-world usage, customer feedback, and the deep commercial real estate expertise our team brings to the table.
So yes, general-purpose AI is powerful. But when you need speed and precision—and when the stakes are high—you want a tool that’s purpose-built. That’s what Prophia Abstract delivers.
Ready to see the difference for yourself?
Upload a lease and try Prophia Abstract today.