A Lesson in Entropy | How a Clean Lease Form Becomes a Mess (And What to do About It)
If you’ve ever spilled a glass of milk, congratulations! You’re familiar with what physicists call entropy. And if you’re not a barbarian who leaves spilled milk on the floor, you’re also familiar with the fact that cleaning up the milk is going to take some energy/work. Entropy describes what is essentially a natural tendency for […]Read More »
Why is it so Hard to Automate a Commercial Lease?
“How does LeasePilot actually work?” “What’s the difference between LeasePilot and other document automation tools like A, B, and C?” These are questions we get all the time, and answering them in a way that is clear, concise, and not overly-technical is a challenge. LeasePilot doesn’t quite fit into an existing product category, so […]Read More »
[Webinar] The Cost of Time
The commercial lease drafting and revision process is a waiting game: The tenant waits for the first draft. Then you wait for the tenant’s lawyers to review. Then you wait for everybody on both sides to find time get on a conference call to negotiate changes. Rinse and repeat for every round of negotiation. Ask […]Read More »
Chris Rising Interviews LeasePilot CEO Gabriel Safar on “The Real Market” Podcast
Last week, LeasePilot Co-founder and CEO Gabriel Safar joined Chris Rising on “The Real Market” podcast to talk about the intersection of tech and commercial real estate leasing. The two discuss the common roadblocks leasing professionals face and how tech offers solutions. Listen to the podcast: iPhone users can use this link to stream the […]Read More »
Lease Abstracts: Artificial Intelligence or Document Automation? What’s the Difference?
Few CRE tech buzzwords command more investor interest than Artificial Intelligence (AI). It’s the new hot thing. And while AI is an undeniably exciting technology, does it deserve the hype it gets? For some applications, the answer is unequivocally, “yes.” For others, AI may be more trouble than it’s worth. In the case of lease […]Read More »
Making Legal a Profit Center for In-House Leasing Departments
If reading the words, “turn your in-house legal department into a profit center” makes you raise an eyebrow, you aren’t alone. Short of turning lawyers into part-time salespeople, how could a legal department focusing on leasing generate new revenue for a commercial real estate company? Here’s how one LeasePilot customer did it: Background The company, […]Read More »
Meet Julie King: LeasePilot’s Onboarding Specialist!
Getting new customers up and running on the LeasePilot Platform requires deep legal expertise and an expert-level knowledge of commercial real estate leases. We’re always excited when we add new team members that combine great legal talent with a background in commercial real estate. That’s why we’re thrilled to announce that Julie King has joined […]Read More »
Space & Place Pt. 2: Boston Properties’ EVP Bryan Koop on Flex by BXP, A Bold New Approach to Office Leasing
Where Part 1 of our interview with Boston Properties’ EVP Bryan Koop focused primarily on what FLEX by BXP is and the business case for the experiment, Part 2 focuses on success metrics, the tenant experience, and what happens when you mix the flip-flops and t-shirts of tech culture with the suits and ties of […]Read More »
Hurry Up and Wait: The Cost of Time in CRE and What You Can Do About it
In a competitive business landscape, efficiency is everything. Long-term, sustainable growth is often best achieved by refining existing processes and identifying opportunities for improvement. In commercial real estate, lease drafting and negotiation is one process that is ripe for improvement. The challenge is, everything we know about the leasing process is so entrenched, it’s tough to […]Read More »
Space & Place Pt. 1: Boston Properties’ EVP Bryan Koop on A Bold New Approach to Office Leasing: FLEX by BXP
A few weeks ago, the LeasePilot team moved our operations to Boston Properties’ FLEX space on the 29th floor of the Prudential Tower in Boston. As real estate people, we’re thrilled with the Flex concept and see it as an important new direction for the future of office leasing. In short, FLEX strikes a balance […]Read More »