Leveraging AI to do what must be done — faster

Auto-Generated Comps for CRE Valuation Reports

Company: Altus Group
Role
: Market Research, Strategic Direction, Concept Development, Design Leadership
Timeline: Concepts iterated and tested over 2024-2025 | Launch planned for 2026

When reporting on the valuations of owned commercial assets to investors (and this type of investor reporting is typically expected on a quarterly basis), portfolio managers compile multitudes of supporting materials in addition to their final financial models.

One of those time-consuming material-prepping activities is researching and putting together a list of comparable assets and conducting an analysis of relevant recent transactions nearby for each asset.

The following concept imagines how the entire journey of producing a list of comps, comps-based analysis, and investor-ready reports can be automated with AI.

While the Rapid AI-Powered Valuations capability equip investment managers to arrive at value conclusions faster, this capability enables them to do “what must be done” faster — the industry standard, explaining of how they arrived at those value conclusions.

Designing for industry adoption with minimal friction requires being intentional about where in the customer journey a new piece of technology will fit. This requires deep knowledge of said industry through extensive research, as well as a shared world view of industry challenges amongst collaborators in the product design lifecycle. This innovation would not have been possible without that quiet leadership taking place in the background.