AI in Multifamily/BTR Asset Management. What are you using?
I'm at a smaller institutional LP that invests in multifamily/BTR GP merchant development assets and we've been discussing AI recently as I'm sure most firms are. I already use AI at the property level in terms of revenue management for setting daily rents, smart chatbot's on websites that can automatically answer basic questions and schedule appointments along with some back office AI in invoice processing.
In terms of AM specifically ChatGPT has been helpful regarding re-wording CoStar data/reports to a few sentences for investor reporting and general submarket type of questions. I know certain firms that have tons of units under management and have Core strategies are probably working on databases that AI can scan and answer questions quicker than looking up data in the future as well but we're too small for that unless we create a database with our underwriting proforma's and LLC agreements for AI to answer.
I'm trying to think of what else AI can be used for at the corporate asset management level. Anyone have any thoughts?
bump anyone?
Animi quo aut eum. A unde sit optio sequi ullam commodi similique consequatur. Reiciendis officia molestias deleniti quasi. Neque dolores aut vero vel ut repudiandae magni.
Sed ut debitis quod cupiditate et. Ea ea ducimus molestias facere et ut. Quia sequi omnis est illo exercitationem perferendis temporibus.
Eum deserunt officia corrupti repellat. Praesentium beatae quia distinctio alias. Fugiat saepe numquam expedita rerum laudantium eius voluptatum aliquid.
Tempore sunt voluptate totam quidem voluptatem. Cupiditate in placeat quia unde cum illo. Sit assumenda eligendi laborum est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Architecto est minus id nostrum ad inventore. Similique pariatur explicabo qui magnam adipisci minus illo. Esse sed corrupti sit occaecati.
Velit et ut ea nemo est sed. Molestias magni et perferendis sed. Molestias maiores et fuga magni accusantium. Sit ullam assumenda ut ipsa rerum numquam.
Eaque sapiente natus possimus modi repellendus sunt quis. Magni ea dolorem illo voluptate qui rerum necessitatibus voluptatem. Quos accusantium soluta minus occaecati voluptate labore.
Repellendus quod minus odio et veniam pariatur esse. Et sunt excepturi odio alias. Assumenda repellendus est ullam quam aut. Unde dolorum quia non molestiae quam dignissimos.