Overcoming real estate asset management’s ‘bad data’ problem
In its article titled “Artificial Intelligence’s ‘Bad Data’ Problem for Real Estate Investment,” the Urban Land Institute highlights several challenges of using AI in real estate asset management, most notably the data it relies on. The promise of AI to revolutionize asset management is hampered by data that is not standardized, integrated, or reliable. For […]
EY cites AI as top trend in shaping CRE investment in 2024
In what is becoming a familiar story, AI is one of the top trends that will impact real estate funds in the coming year, according to EY. What might the impacts of this rapidly growing technology be? The possibilities run the gamut of CRE functions like these: AI capabilities are coming soon to Pereview, joining […]
AI and automation power competitive edge for commercial real estate investors
Commercial real estate investment firms are looking to AI and automation for a competitive edge to power differentiation in 2024, according to PERE. “Modeling and predictive analytics powered by AI use advanced algorithms to analyze vast amounts of data, ranging from market trends to tenant preferences, to identify investment opportunities that optimize asset performance,” PERE […]
NAIOP says CRE optimism on the rise
After more than a year and a half, the NAIOP CRE Sentiment Index once again rose above 50% in the organization’s most recent survey. This increased sense of optimism indicates respondents expect improved conditions in the CRE space over the next 12 months, NAIOP says. Respondents indicated they have a positive outlook for every Index […]
