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How One Company Used AI to Buy a $57M Apartment

Skyline AI vetted the asset by processing scraped data from review sites; these online reviews indicated an opportunity for optimization.

Atlanta, Ga. Photo by Shutterstock.

ATLANTA—As one of Atlanta’s most affluent submarkets, Roswell can be a good choice for apartment investors. Atlanta itself is the 10th largest metro economy in the US and Roswell boasts a steady population growth, a lower unemployment rate and higher median income per capita when compared to the US average.

But such fundamentals were not enough for one investor as it weighed whether to buy a 396-unit, garden style apartment complex there. So this Atlanta-based company partnered with Skyline AI to make use of its ensemble of machine learning models to dive deeper into the question.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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