Commercial real estate technology startup LOANtuitive launched an AI-based assistant.
Established in 2020, LOANtuitive offers a SaaS-enabled marketplace to connect commercial real estate brokers with lenders.
The AI assistant leverages OpenAI's ChatGPT3 to help brokers and lenders build a loan package, create an executive summary, or find alternative capital sources.
- According to LOANtuitive's CEO, Dave Siegfried, the AI assistant saves hours spent on back-and-forth research.
- The Seattle-based startup claims to have helped brokers and lenders process commercial real estate loan requests totaling over $6B last year.
