2019 Multifamily Innovation Digital Magazine

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So why has AI now become the latest buzz-word in Real Estate and Construction Tech? Exponential growth in computational power coupled with the ability to cost-effectively store the estimated 2.5 quintillion bytes of data created every day has brought computing to a point where algorithms can be effectively developed and provide accurate results. The unfortunate reality, however, is that while we have been able to harness increased computing and storage power to make undeniably revolutionary technology, the field of computing has made relatively little progress towards the original vision of Artificial Intelligence. Despite this, there are innovative startups using today’s AI to help the Real Estate and Construction industry keep up with the demand for higher outputs, reduced cost, and solve other difficult challenges. One problem these startups face is a lack of data. Nearly all AI solutions require massive amounts of reference data for training. Without training data, the solutions are academically interesting but lack the accuracy to be useful in real-world projects without significant human oversight. Since the industry has proven to be a laggard in technology adoption, the historical data needed often does not exist. Larger, more tech-savvy firms may have some data sets but are wary of sharing it with outside parties. Although data availability will increase as new technology adoption increases, the overall lack of data will continue to be a significant barrier to <strong>Multifamily</strong> tech startups in the near term. Recent venture capital attention in the space should increase the number of companies actually developing defensible technology solutions. Increased investment dollars will also attract more innovative talent to the market and allow startups to scale faster so they can provide value on larger projects. But we have a long way to go and have only scratched the surface of AI in <strong>Multifamily</strong> tech today despite the hype. CTO, Matthew Ohlman is a software engineer passionate about building engineering teams and products that push the boundaries of technology in order to transform industries. His 15 years of experience include creating a variety of product solutions for the AEC industry. He performs technical due diligence on potential investments and for corporate enterprises in addition to managing Shadow’s advisory program. 1 5 8
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MULTIFAMILY INNOVATION SPECIAL EDIT
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12 Seeds of Innovation 16 2020 Best
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The Future of Multifamily Join us a
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RECOGNIZING GREATNESS IN MULTIFAMIL
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How does your company compare? Chec
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Multifamily Women The annual Multif
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(and yourself) is that the “win
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Patrick Antrim, Rosevelt Rawls, Eli
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2020 Company Profiles 1 7
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Live Life Well WHAT MAKES THEM GREA
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Passion and Experience WHAT MAKES T
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Taking Care of the Way You Live WHA
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Integrity, Honesty, Fairness WHAT M
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Talent Runs Deep WHAT MAKES THEM GR
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Invested WHAT MAKES THEM GREAT CORE
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More Than Just a Place To Live WHAT
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Living, On Your Terms WHAT MAKES TH
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A Better Outcome WHAT MAKES THEM GR
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Building Value WHAT MAKES THEM GREA
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Balance, Passion, and Drive WHAT MA
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Culture Starts at the Top WHAT MAKE
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Smooth Move Guaranteed WHAT MAKES T
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Opportunity, Expertise, Sustainabil
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Your Story Starts Here WHAT MAKES T
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Enhancing Lives WHAT MAKES THEM GRE
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Putting You First WHAT MAKES THEM G
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Pioneering Housing First WHAT MAKES
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Exceeding Expectations WHAT MAKES T
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Keep it Simple WHAT MAKES THEM GREA
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Building Community WHAT MAKES THEM
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Genuine Care for Everyone WHAT MAKE
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Going Beyond, Creating Value WHAT M
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Investing With Knowledge WHAT MAKES
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Building Better Living WHAT MAKES T
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MC Life Rocks WHAT MAKES THEM GREAT
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Investment & Management Foresight W
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Live the RMK Way WHAT MAKES THEM GR
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Building Community WHAT MAKES THEM
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Excellence and Passion WHAT MAKES T
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The Fogelman Difference WHAT MAKES
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Be Local. Live Local. WHAT MAKES TH
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Reputation Speaks for Itself WHAT M
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People, Process, Performance WHAT M
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A Clear Vision for Trust WHAT MAKES
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Break Boundaries Together WHAT MAKE
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Built To Be Home WHAT MAKES THEM GR
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Live Well, Live Weller WHAT MAKES T
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A Better Way to Home WHAT MAKES THE
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Authentic Experiences WHAT MAKES TH
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Management With a Purpose WHAT MAKE
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Growth, Innovation, People WHAT MAK
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Experience More WHAT MAKES THEM GRE
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Truly Feel at Home WHAT MAKES THEM
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Page 109 and 110: Delivering Value WHAT MAKES THEM GR
Page 111 and 112: Your Lifestyle. Our Mission. WHAT M
Page 113 and 114: Boundless Ambition WHAT MAKES THEM
Page 115 and 116: Performance, Perfection, Integrity
Page 117 and 118: Above and Beyond WHAT MAKES THEM GR
Page 119 and 120: High Performance Results WHAT MAKES
Page 121 and 122: In the Center of Everything WHAT MA
Page 123 and 124: Into the Next Generation WHAT MAKES
Page 125 and 126: Making a Difference WHAT MAKES THEM
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Page 129 and 130: Long-Term Success WHAT MAKES THEM G
Page 131 and 132: Ultimate Student Experience WHAT MA
Page 133 and 134: Innovative Leaders WHAT MAKES THEM
Page 136 and 137: BEST PLACES TO WORK MULTIFAMILY ®
Page 156 and 157: Artificial INTELLIGENCE AI HAS A LO
Page 160 and 161: Digital Inclusion WHAT MULTIFAMILY
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Page 164 and 165: End of the Trade Show EDUCATION-BAS
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Page 168: Operations Simplified. The SmartRen
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2019 Multifamily Innovation Digital Magazine

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