AI in CRE: What's real, what's hype, and what readiness looks like

Om ar Eltorai and Cole Perry sit down with Michael Clawar, Senior Vice President of Innovation at Altus Group, to talk about where AI is creating real value in commercial real estate and where the industry still has work to do. Michael walks through how the cost of AI intelligence has dropped dramatically in just the past year and what that means for tasks like portfolio-level valuation reviews. The conversation covers why data infrastructure and institutional knowledge matter more than the model you pick, the trade-offs between centralized and business-led technology operating models, and a recent NBER study on how AI benefits senior and junior professionals differently, with real implications for talent development in CRE.Resources:Michael Clawar - https://www.linkedin.com/in/michael-clawar/Cole Perry - https://www.linkedin.com/in/coleperry1/Omar Eltorai - https://www.linkedin.com/in/omareltorai/ARGUS Assist - https://www.altusgroup.com/solutions/argus-intelligence/argus-assist/National Bureau of Economic Research Study - https://www.nber.org/system/files/working_papers/w35720/w35720.pdf