Press Release

Legora acquires Cadastral to bring AI-native legal intelligence to commercial real estate; anchors new engineering hub in NYC

Legora acquires Cadastral to bring AI-native legal intelligence to commercial real estate; anchors new engineering hub in NYC

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Legora today announced its acquisition of Cadastral, an AI agent platform purpose-built for commercial real estate, trusted by leading CRE firms including JLL, AvalonBay, Equity Residential, and Empire State Realty Trust. The acquisition marks Legora's entry into commercial real estate – one of the most legally intensive industries in the world – and establishes the foundation for a new Legora engineering hub in New York City. Cadastral is Legora's fourth acquisition in 2026.

Commercial real estate generates an extraordinary volume of legal work. Every acquisition, underwriting, and due diligence, financial model, lease, refinancing, zoning matter, and dispute produces a wall of documents and data that must be reviewed, negotiated, and managed with precision. Real estate is one of the most document-intensive industries on the planet, yet legal teams in the sector have been underserved by purpose-built AI. Cadastral was built to change that: an AI agent platform designed specifically for the workflows, document types, and deal structures that define real estate.

"What impressed me most about Cadastral was the speed," said Max Junestrand, CEO and Co-Founder of Legora. "They identified a gap in one of the most demanding markets in the world, built a product that serious firms actually trust, and landed some of the biggest names in commercial real estate in record time. We're incredibly excited to bring their talents and capabilities to Legora."

Founded in 2024 and launched in 2025, Cadastral has built a customer base of over 50 firms in just over a year. Cadastral grew revenues by an average of 40% per month. The company was co-founded by Abe Somani and Aman Dhesi, who led a team of engineers based in New York City. That presence is central to Legora's broader plans: the acquisition anchors Legora's first major US engineering hub, with the company targeting more than 200 people in New York and more than 300 across North America by the end of 2026.

The move extends Legora's vision for an agentic operating system that follows legal work wherever it happens – not just in law firms and in-house legal departments, but across the industries that generate the most complex, high-stakes legal work. Commercial real estate is the natural next chapter for that vision.

"We built Cadastral because we believed AI agents could transform how CRE firms handle their legal and transaction workflows. Our growth and customers proved that the industry is ready for agentic transformation," said Abe Somani, Co-Founder of Cadastral. "Joining Legora means we can take the platform much further and much faster."

The announcement follows continued momentum for Legora, which recently surpassed $100 million in annual recurring revenue and reached a $5.6 billion valuation in its Series D funding round. The company now serves over 1,200 leading law firms and in-house legal teams across more than 50 markets.

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