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Artificial intelligence is here. While the technology has plenty of runway to grow and adapt, tools utilizing AI technology are already available in the market. This ranges from investment tools, where AI can analyze data to make investment decisions, to AI assistants that can help with leasing. While the technology is new, companies are already seeing strong adoption because AI has the ability to significantly help with workflow and handle basic needs.

AppFolio, for example, recently launched a leasing assistant, and is seeing strong interest from property owners for the technology. “Apart from handling all incoming prospect queries, business owners using Lisa rely on her for other important aspects of the leasing process,” Elliott Burris, VP at property management software company AppFolio, tells GlobeSt.com. “As mentioned, Lisa does help initially vet prospects so that leasing agents aren’t walking into showings and having to turn prospects down who don’t meet the leasing requirements.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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