Nexus Property AI is an AI-powered SaaS platform that helps condominium and cooperative buildings, as well as property managers, automatically analyze, monitor, and enforce vendor service contracts. The platform extracts key terms—such as pricing, scope, renewal dates, and service obligations—and continuously tracks vendor performance against actual work orders and service delivery.
By replacing manual contract oversight with structured, real-time intelligence, Nexus Property AI reduces waste, prevents missed renewals, and improves vendor accountability. Early use cases indicate potential savings of $30,000–$60,000 annually per building through improved contract enforcement and cost transparency.
Version 1 of the platform has been self-funded and developed to the MVP stage, with active pilot deployments underway in a New York City property management environment. These pilots are focused on validating contract ingestion accuracy, performance tracking, and operational integration with real-world building workflows.
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