AI-Generated Letters of Intent for Commercial Real Estate

Drafting a Letter of Intent for a commercial lease deal is tedious and error-prone. Every LOI uses the same template, but each deal has different economics, timelines, parties, and terms. The manual process meant copy-pasting values, hunting for every bracketed placeholder, and inevitably missing fields or inserting inconsistent language. A third-party vendor was looking to bring this capability to their CRE clients and needed a working POC to take to market.

The system took a bracketed LOI template and deal specifications from a structured Excel input, then used a multi-step pipeline to index every placeholder in the document, understand its surrounding context, and fill it accurately. Rather than doing a dumb find-and-replace, it used RAG to understand what each field meant in the context of the full document before filling it — handling ambiguous or context-dependent placeholders intelligently. Output was a complete, formatted LOI document ready for attorney review.