USE CASE: PROPERTY ACQUISITION DUE DILIGENCE
Accelerate Property Due Diligence with AI
When acquiring properties, time and accuracy are critical. Kolena’s AI eliminates bottlenecks in lease and legal document review, helping REITs and property acquisition teams analyze dozens of leases in minutes, not days.
- Fast: Results come back in seconds to minutes
- Accurate: High-accuracy with reasoning and citations
- Secure: No AI training on your data. No retention.
Experience our AI-powered lease abstraction workflow firsthand. Simply upload a lease agreement (and throw in addendums) and watch as our system generates a lease abstract in a minute or two.
Try the Free AI-Powered Lease Abstractor
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The Current Challenge: Manual, Expensive, and Slow
During acquisition due diligence, lease administrators and in-house counsel must extract key provisions and summarize exceptions across hundreds of leases and amendments. Traditionally, this process is:
Time-Consuming
4+ hours per lease
Expensive
$300–$500/hour if outsourced to external counsel
Error-Prone
Manual abstraction leads to missed terms and version errors
For teams managing 50–200 leases per deal, that adds up to tens of thousands of dollars and days of delay.
How Kolena Helps
Kolena AI transforms property acquisition due diligence into a streamlined, automated process, without sacrificing accuracy or compliance.
Before Kolena
- Each lease abstracted manually by counsel or admin
- 4+ hours per document
- Multiple revisions and delayed turnaround
- Slow and error-prone data entry
With Kolena
- Upload your own lease abstraction template or use a pre-made one (2 mins)
- One-time tuning of prompts to your legal and business requirements (≈ 30 min)
- Upload hundreds of leases and amendments at once
- Receive structured summaries in minutes — complete with reasoning and citations - in Excel or straight to your database
“Kolena's AI platform saved our team about four hours per lease—nearly $100,000 in efficiency gains. It made analyzing key provisions and verifying terms across 58 leases fast and effortless. A tremendous time-saver.”
Kristin Walker
Senior Vice President, Real Estate Counsel, Essential Properties Realty Trust
The AI Advantage
Kolena AI is purpose-built for document-heavy real estate workflows from lease abstraction to rent roll to investment memo generation. Key differentiators:
Prompts from File
Upload your desired output template, and Kolena automatically generates tuned prompts to populate it.
Lease + Amendment Analysis
Kolena understands how amendments affect the original lease, producing a net result you can trust.
Proven Accuracy
Purpose-built AI Agents validated on your exact use case, providing reasoning and citations.
Ready to transform your property due diligence with AI?
Accelerate your next property acquisition with Kolena’s AI for real estate.