BOSTON, March 14, 2017 /PRNewswire/ -- 2016 MassChallenge finalist LeasePilot® announces the release of its document automation platform specifically designed to streamline retail, office and industrial leasing. LeasePilot allows property owners to more efficiently document leases and converts those leases into data. The result is cost savings, accelerated revenue and portfolio optimization for property owners. LeasePilot's proprietary and patent-pending technology is disrupting the real estate industry by giving business people the tools to handle the majority of complex lease drafting without the need for attorneys.
LeasePilot was founded by Gabriel Safar and Jonathan Eskow, two commercial real estate lawyers who recognized that existing methods for documenting commercial leases took too long, were too costly and limited easy access to lease information. LeasePilot combines proprietary technology and deep legal expertise to help real estate companies close leases faster, reduce transaction costs and risk, and increase visibility regardless of whether leases are completed in-house or by outside law firms. LeasePilot uses a real estate company's own lease forms and preferred language options and converts them into tailored plug-and-play options so every lease is tailor-made for the organization, assets and tenants.
Gabriel Safar, Co-founder and CEO of LeasePilot, said, "Our platform benefits all parties involved in the leasing process. Because LeasePilot streamlines the entire process, both attorneys and non-attorneys can focus on what they do best and everyone wins. That's really the fundamental power of our technology."
LeasePilot recently signed a partnership agreement with MRI Software, a leading real estate property management and accounting software system, which makes it possible for the first time, for lease information to flow throughout a real estate organization. This will create further efficiencies and will ultimately eliminate costly errors that happen as data gets re-keyed multiple times into different systems.
The company is represented by global law firm, Greenberg Traurig, and is funded by a network of prominent real estate professionals and attorneys. On March 1, 2016, LeasePilot moved from its former residence at MassChallenge to new office space on Newbury Street, Boston.
LeasePilot was founded in 2015 by Gabriel Safar and Jonathan Eskow, two experienced commercial real estate attorneys, who recognized that by injecting technology into the leasing process, the real estate industry would be able to close deals faster, reduce costs and manage risks. LeasePilot combines document automation, word processing and user-centric interfaces into a single web-based platform expressly designed to radically accelerate the entire process of drafting and editing commercial leases, from a letter of intent through lease execution. @theLeasePilot
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