Prophia

RATING:

4.7

(21)

About Prophia

Prophia is a cloud-based lease abstraction and insights platform that provides CRE owners with tools to efficiently analyze their buildings and eliminate all manual processes and traditionally used systems.

Prophia Pricing

Prophia offers packages on a project basis, priced per tenant, and a subscription model, priced on a per square foot basis.

Free trial: 

Not Available

Free version: 

Not Available

PORTFOLIO DASHBOARD
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Prophia Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Prophia

1 - 5 of 21 Reviews

Will

Real Estate, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed August 2022

Excellent for companies of virtually any size.

We are able to synthesize complicated, multi-tenant properties into a single dashboard. What would have taken an enormous amount of additional time at virtually every juncture is now distilled down to a single user interface that is searchable. We can now rely on the fact that the leases are thoroughly indexed, which gives us confidence that we can utilize a single method for collecting this data, which is a consistency we will need as our company continues to grow its headcount.

PROS

Prophia allows us the ability to actually trust that a lease abstract is correct. Often, we purchase or refinance a property and then rely on subjective updating of abstracting by either an AM or a PM. Prophia takes the guesswork out of that equation and keeps the property information up to date in real time.

CONS

We were an early adopter, and the features change almost monthly. Bulk downloads of lease data was not something that could be done in the earlier versions, and they have not corrected this. As such, there are no real issues that I have with the software any longer.

Michael

Real Estate, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2023

A must have for any CRE professional

PROS

Prophia has been a lifesaver. We are a small CRE team with a proportionally large portfolio. By leveraging Prophia, we're able to have organized and accessible lease data similar to our larger CRE counterparts. I personally use the lease summary feature the most, which functions as a virtual lease abstract and allows you to dig into the source documents using the hyperlinked lease data. I also use the portfolio level reporting, specifically the critical date reports. This report allows us to be proactive, rather than discovering a renewal coming up at the last minute.

CONS

Nothing in particular! It's an excellent tool that accomplishes what it sets out to do.

Cindy

Real Estate, 501-1,000 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

3

EASE OF USE

3

FUNCTIONALITY

3

Reviewed October 2023

Review

Training by Prophia was weak, should have been more example based.

PROS

Option to search by word is the most important

CONS

I feel like the portal is not that user friendly. And when you have search results, when you go back, it takes you out completely of the search in some cases.

Kellie

Real Estate, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

3

Reviewed August 2022

Amazing time saver, could be better with key improvements

Overall its excellent and has been a huge timesaver for me and the team.

PROS

I love the aggregation, I love the generated stacking plan (but its not printable) and I love the searchability and abstracting of leases. Also the reporting functions (also could be improved)

CONS

I feel like I need a better feedback loop to report AI errors. If I'm doing a lease review, I don't want to stop what I'm doing, look for the customer success email, bring up an email, type in my issue and then keep working. It interrupts the flow, especially when I'm reviewing multiple leases (which I do). I want to be able to , from the page I am on, report the error on the interface and have it routed to the right person who will follow up. he technology isnt "perfect" enough to not have this. Theres a bunch of bad data in there that I don't have time to fi9x because of the above problem.

Jack

Real Estate, 10,000+ employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2022

Prophia an essential and easily adapted tool

I couldn't be more pleased with a product.

PROS

The ease of use and the ability to quickly find specific lease language

CONS

The look of the stacking plan could be improved.