We've tried 10–15 tools — OCR, AI, GPT, everything. Lido is the only one that got this right.
"Commercial lease rent rolls are particularly nuanced and complicated. They're also not really made for a computer to read. The other OCR tools we tried just got lost — they would output one row with five data points jammed in, when it should have been 5 different rows. Lido got that."
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Lido accurately parses leases into a format that's actually usable for real estate professionals.
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Frequently asked questions
What is the best tool for automated lease abstraction?
Lido automates lease abstraction by extracting key terms, clauses, and financial data from commercial leases up to 1,000 pages long. Daniel from CBRE noted that "commercial lease rent rolls are particularly nuanced... the other OCR tools we tried just got lost... Lido got that."
How do I extract key terms from long commercial leases automatically?
Lido reads entire commercial leases and extracts key terms such as rent escalations, renewal options, tenant improvement allowances, CAM charges, and termination clauses into structured output. Lido handles the nuances of commercial real estate language that cause general-purpose OCR tools to produce incomplete or inaccurate abstractions.
Why do AI tools hallucinate when abstracting commercial leases?
Lido eliminates hallucinations in lease abstraction by grounding every extracted data point to the source document rather than generating text from a language model. Lido traces each value back to a specific page and clause, so your team can verify critical lease terms with confidence instead of wondering whether the output is fabricated.
How do I automate lease abstraction for a large commercial real estate portfolio?
Lido processes lease documents at portfolio scale without requiring templates or per-format configuration, regardless of whether leases come from different landlords, law firms, or property managers. Lido extracts consistent, structured data from every lease format, so CRE teams at firms like CBRE can abstract entire portfolios in hours instead of weeks.
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