X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

More from this author

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.