Tech Startup Adds AI to CRE Valuation Process

Guy Zipori

TEL AVIV, ISRAEL–A routine appointment by a real estate technology firm — that of chief data scientist — will likely land the company on the radar of many potential clients and the industry at large. For the firm, Skyline AI, has tapped none other than Shay Bushinsky for the role. Bushinsky, together with Amir Ban, created an artificial intelligence program called Deep Junior, which eventually defeated the legendary chess grandmaster Garry Kasparov. Now Bushinsky will devote his energies to real estate technology,  namely adding AI to the valuation process.

Connected to 130 different data sources — everything from real estate information to crime statistics and demographics and stock market fluctuations — Skyline AI can detect and exploit market anomalies, identify investment opportunities and discover untapped value creation possibilities, according to the company. The platform can also provide market data analysis and information on the best time to raise rents, renovate and sell.