Commercial real estate firms developing their own AI applications face challenges integrating financial data, maintaining security and connecting systems across departments, according to a PLOT Daily article. Yaakov Zar, founder and CEO of Lev, told the publication that AI-assisted development tools have made it easier for property owners, investors and asset managers to create customized software, but building reliable systems remains difficult. He cited an example of a commercial real estate investor managing more than 200 loans, where connecting loan information with lease expirations, property performance and financial obligations presented additional complexities. Although AI can reduce software development costs, businesses must still address data accuracy, access permissions and integration with existing platforms.
