Patents by Inventor Benjamin Michael Seidl

Benjamin Michael Seidl has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20230059171
    Abstract: Various embodiments include systems and methods of calculating performance-based rent. Sensor(s) may capture object data associated with objects in an interior and/or exterior environment of a commercial real estate location. Computing device(s) may obtain sales data associated with sales transactions attributable to the commercial real estate location; determine, based at least in part on the object data captured by the sensor(s), object traffic value(s) indicative of an amount of traffic of at least one of the objects; and calculate, based at least in part on performance metric values indicative of actual sales performance and potential sales performance of the commercial real estate location over a particular period of time, a performance-based rent for the commercial real estate location. The performance metric values comprise the sales data and the object traffic value(s), and the performance-based rent is variable over different periods of time with different performance metric values.
    Type: Application
    Filed: August 19, 2021
    Publication date: February 23, 2023
    Inventors: Benjamin Michael Seidl, Robert Fairclough, JR., Russel Andrew Seidl