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How artificial intelligence is changing real estate investment
Meanwhile, California-based Opendoor ... “It saves an immense amount of time,” said Zach Aarons, an executive at the real estate investment firm Millennium Partners and co-founder of the New York-based tech accelerator and advisory firm MetaProp ...
Konrad Putzier |
February 21, 2018 03:00PM
Illustration by Daniel Nyari
Welcome to the world of AI.
Last March, the online asset manager AlphaFlow launched its first so-called automated investment fund for real estate loans.
Rather than tapping employees to search for investment opportunities, the company uses a computer program to sift through listings services and find mortgages to purchase based on property characteristics, borrower history, recent market data and other criteria.
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