THIS EVENT IS SOLD OUT
In Person Sessions:
- One hour of content with one hour of breakout discussion/work
- September 23rd, September 30th, October 7th, October 14th
- 6:00-8:00pm PT
- Venue: KFA Architecture, 3573 Hayden Ave, Culver City, CA 90232
Virtual Sessions:
- One hour session on Fridays during lunch
- September 26th, October 3rd, October 10th, October 17th
- 12:00-1:00pm PT
Content Overview:
Unlock the future of commercial real estate with the “Implementing AI in Commercial Real Estate” course by Urban Land Institute, in collaboration with industry expert Jake Goldstein. This dynamic course is tailored for real estate professionals eager to leverage the power of artificial intelligence to revolutionize their business. Over eight (8) engaging sessions (4 in-person and 4 virtually), you’ll dive deep into the impact of AI on acquisitions, brokerage, development, entitlements, construction, architecture, city operations and property management. Please bring a laptop to follow along during group work and discussion questions.
What You'll Gain:
- Master AI Fundamentals: Gain a clear understanding of what AI is—and isn’t—and its transformative potential within the commercial real estate sector.
- Explore Real-World Applications: Discover practical AI use cases to enhance workflows, improve decision-making, and streamline operations across various real estate functions.
- Boost Revenue Opportunities: Learn how to strategically apply AI to elevate revenue-generating activities and drive business growth.
- Join a Thriving Community: Connect with a network of innovative, like-minded real estate professionals passionate about integrating AI into their businesses.
Learning Objectives:
- Grasp the fundamentals of AI and differentiate between common myths and realities.
- Identify how AI can optimize and enhance operations within the real estate industry.
- Explore various AI tools and learn how to implement them effectively into your existing workflows.
- Diagnose industry challenges and discover how AI can offer innovative solutions.
Course Modules:
1. Fundamentals of AI in Commercial Real Estate
In-Person, September 23rd 6:00-8:00pm, KFA Architecture
Instructor: Laurent Grill
Agenda:
Understand the core principles of AI and its foundational role in transforming the real estate landscape.
- Have a general understanding of AI
- What is AI and what it is not
- AI terms people use and what they mean/do
- Understand the AI in CRE company landscape
- Review different use cases for leveraging AI
- AI best practices - how to structure data
2. AI Prompt Engineering for Developers and Investors
In-Person, September 30th 6:00-8:00pm, KFA Architecture
Instructor: Steven Song, Sami Um
Agenda:
Learn how AI can simplify and optimize the acquisitions process.
- Explain Diald and show couple of money saving use cases
- How to avoid hallucinations and prompt engineering fundamentals
- Provide class with base dataset for creating AI processes
- Identify acquisitions processes that can leverage AI
- Create prompts to help streamline those acquisitions processes
3. AI in Entitlements: Simplifying the Complex
In-Person, October 7h 6:00-8:00pm, KFA Architecture
Instructor: Matthew Thompson
Agenda:
Discover how AI can navigate the complexities of the entitlements process, making it more efficient and less time-consuming.
- Explain how clear data and local rules help make the approval process faster and less confusing.
- Show how to build simple systems that track permits, handle forms, and keep departments in sync.
- Quickly understand a site’s potential using AI with zoning maps and local rules.
- Teach how to use AI to create quick tools or apps that save time during entitlements.
4. Revolutionizing Real Estate Brokerage with AI
In-Person, October 14th 6:00-8:00pm, KFA Architecture
Instructor: Taylor Avakian
Agenda:
Explore how AI is reshaping brokerage, enhancing prospecting, deal execution and data interpretation.
- Prospecting
- Creating cold calling lists
- cold calling tech stacks
- Content marketing funnel
- Deal execution
- Pre-market deal launch
- OM and marketing creation
- Potential Buyer outreach
- Data interpretation
Lunch and Learn:
Lunch and Learns will be held every Friday of the instruction period (September 26, October 3rd, 10th, 17th). They will be an hour via zoom between 12-1pm.
- AI in Construction - September 26th, The Cooperative LA
- AI in City Development - TBD
- AI in Architecture & Design - October 10th, KFA Architects
- AI in Property Management – TBD
- Embark on this transformative learning journey to harness the power of AI and redefine the future of your commercial real estate business.