Prophia

Prophia

12 Review(s)

Overview

Prophia offers AI-driven lease abstraction and dynamic portfolio insights, enhancing decision-making and reducing errors. While initial setup may require some time and training, its automation and real-time data visualization optimize operations and improve efficiency, allowing businesses to achieve sustained growth. Users praise Prophia for its automated reporting and data analysis.

Overall Rating

Based on 12 users reviews

4.4

Rating Distribution

Positive

92%

Neutral

8%

Negative

0%

Starting Price
Custom

Prophia Specifications

Lease Management

Document Management

Reporting and Analytics

Lease Renewal Management

View All Specifications

What Is Prophia?

Prophia software offers AI-powered lease abstraction and portfolio management for commercial real estate professionals. It automates the extraction and organization of lease data, providing accurate and extensive insights into property portfolios. The platform also provides features like dynamic stacking plans, encumbrance tracking, and smart search tools. Prophia enables users to manage leases efficiently, reduce errors, and make better decisions for long-term growth.

Prophia Pricing

The Prophia cost ranges in the following plans:

  • Prophia Abstract: $20/document
  • Prophia Essentials: Customized pricing
  • Prophia Portfolio: Customized pricing
Get a detailed breakdown of the Prophia price plans to request a custom cost estimate for a plan that best fits your business requirements.

Disclaimer: The pricing is subject to change.

Prophia Integrations

Prophia integrates with third-party platforms like Yardi and MRI Residential Management.

Watch a free Prophia demo to learn more about its integration functionalities.

Who Is Prophia For?

Prophia is suitable for various teams across the real estate and property management industries, such as:

  • Investment Sales
  • Leasing and Brokerage
  • Asset Management
  • Property Management
  • Investors
  • Acquisition Teams

Is Prophia Right For You?

Prophia optimizes lease management by automating data extraction and providing extensive portfolio insights. The platform offers AI-driven tools to reduce manual errors and enhance operational efficiency. It is notably suitable for commercial real estate professionals aiming to optimize asset management and decision-making processes. Moreover, as for complying with the latest security standards, such as SOC 2 security certification, Prophia is a reliable and secure choice for hundreds of businesses, including Pinecroft Realty, Palisade Group, and Harrison Street Real Estate Capital.

Still not sure about Prophia? Contact our support team at (661) 384-7070 for further guidance.

Prophia Features

Prophia provides an extensive, visual representation of tenant occupancy across properties. This interactive tool displays detailed information such as tenant names, suite numbers, square footage, and more, ensuring easy verification and reference.

See How It Works

The software allows asset managers to quickly access and review tenant encumbrances within lease summaries or custom reports. The system captures complex rights and terms contained within commercial leases, organizing them into a single, digital platform.

See How It Works

The platform helps users utilize advanced AI to capture, annotate, and organize lease data into detailed, digital abstracts. This process eliminates the guesswork typically involved in verifying tenant and property data, allowing teams to operate with increased efficiency.

See How It Works

The system enables users to effortlessly search across tenants, buildings, or specific documents with precision. The AI-powered tool converts PDFs into searchable text, allowing for quick retrieval of relevant clauses and terms.

See How It Works

Pros And Cons of Prophia

Pros

  • It automates lease abstraction, reducing manual effort

  • The software provides real-time portfolio insights with dynamic visualizations

  • It enhances accuracy with AI and human oversight

  • The system offers customizable dashboards and reports

Cons

  • A few users report a slight delay in document access, which affects the experience

  • Some users note the occasional interruption of the flow, especially when reviewing multiple leases

  • Limited support for specific file types might be a drawback for some users

Prophia Reviews

Total 12 reviews

4.4

All reviews are from verified customers

Rating Distribution

5

Stars

50%

4

Stars

42%

3

Stars

8%

2

Stars

0%

1

Stars

0%

Share your experience

R

Rosa

Real Estate, 11-50 employees

More than a year

4.0
October 2024

It delivers when you use it right

Pros

What I really like is having one central spot to store all my important documents and the fact that I can have unlimited users is a huge plus.

Cons

I wish it didn't need so much manual upkeep, which opens the door to human error and it would be great if there was some automation involved. For example, we use MRI, which syncs directly with View the Space, making the reporting consistent and seamless across the board.

Rating Distribution

Ease of use

10

Value for money

8

Customer Support

10

Functionality

7

C

Cecily

Real Estate, 1-10 employees

Less than a year

5.0
October 2024

It was a good one

Pros

It's so simple to pull up information from leases just by searching keywords and it looks through all the documents. Also the stacking plans are always spot on.

Cons

If you're not familiar with the system, navigating everything can get confusing.

Rating Distribution

Ease of use

8

Value for money

10

Customer Support

10

Functionality

9

L

Laura

Commercial Real Estate, 11-50 employees

More than a year

5.0
October 2024

Amazing abilities

Pros

I appreciate that I can attach documents and have someone at Prophia review them before adding highlights and the stacking plan. It feels like they really care about accuracy.

Cons

Some documents are not always up to date. It would be great to have reminders for expiring docs and prompts to upload missing ones.

Rating Distribution

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Frequently Asked Questions

Prophia provides support through a form submission, FAQs, and general resources.

No, Prophia does not offer a mobile app.

The typical users of Prophia include businesses from investment sales, leasing and brokerage, asset management, and property management.

Prophia integrates with Yardi and MRI.

Yes, Prophia provides API access.

Prophia supports the English language only.

The Prophia cost varies as per its different plans, such as Prophia Abstract (starts at $20/per document), Prophia Essentials (customized pricing), and Prophia Portfolio (custom quote). So, acquire a tailor-made Prophia pricing estimate specific to your needs.