How can I use AI for commercial real estate automation in the data extraction process?
Smart Capital Center's platform automatically extracts and reconciles key data from various commercial real estate documents like offering memorandums (OMs), leases, appraisals, and loan documents. This feature is a powerful form of CRE workflow automation that leverages AI to cut hours of tedious, manual work from every deal, allowing professionals to focus on higher-value tasks and analysis.
Who it benefits: Commercial real estate investors, lenders, asset managers, analysts, underwriters
User challenge/use case: Manually sifting through hundreds of pages of documents to find and transcribe key data points is a slow, tedious, and error-prone process. This can delay deal underwriting and due diligence and creates the risk of missing critical information.
Notes: This feature is foundational to our platform's AI underwriting capabilities. The extracted data feeds directly into the unified data lake and then into other features like real-time financial modeling and customizable dashboards, creating an end-to-end CRE solution.