- Propmodo Technology
- Posts
- How the Biggest PropTech Companies are Integrating AI Into Their Products
How the Biggest PropTech Companies are Integrating AI Into Their Products
JLL, AppFolio, and MRI's AI ambitions

Propmodo Technology
By Franco Faraudo · January 29, 2024
Greetings,
AI is reshaping the PropTech landscape, offering powerful tools to streamline communication, analyze vast data, and revolutionize workflows. This week, we explore how industry leaders like AppFolio, MRI, and JLL are integrating AI securely and ethically to stay ahead in real estate technology.
Let’s go!
Bytes
🤑 Sell Out of Money
More information has come out about the billion dollar acquisition of Divvy Homes to Brookfield Properties. According to a letter to shareholders many investors, including common shareholders and Series FF preferred stockholders, would not receive any money due to the $735 million of debt that the company had accrued.
🪒 Less (People) is More
Placer.AI has announced that it has reduced its workforce by 18 percent, laying off around 150 people, in order to “prioritize profitability and adopting a more focused strategy to better serve our core markets while continuing to invest in the company’s long-term growth.”
📈 Security in Securities
PropTech investor Fifth Wall, hot off the recent acquisition of its portfolio company Industrious by CBRE, has expanded into advisory services for M&A and capital markets with its new arm Fifth Wall Securities.
The Real Estate Professional’s Secret Weapon - Land id™
Discover extensive nationwide private parcel & ownership data
Create & share powerful, interactive maps of any property
Mobile Apps: Find property data on the go
Overheard
Divvy selling for $1B and the common shareholders will receive $0. Valuation was previously $2.3B in 2021. Confident we'll see more company journeys reach similar conclusions in the near future.
— Extend & Pretend Cowboy (@Cashflow_Cowboy)
7:21 PM • Jan 23, 2025
More Propmodo Technology
Propmodo Technology is edited by Franco Faraudo with contributions from readers like you and the Propmodo team.
📧 Forward it to a friend and suggest they check it out.
🔗 Share a link to this post on social media.
🗣 Have ideas for future topics (or just want to say hello)? Share your feedback and tips at [email protected] or connect with us on X through @propmodo.
✅ Not subscribed yet? Sign up for this newsletter here.
📣 Want to share your marketing message with over 60,000 commercial real estate professionals? Email [email protected] to learn how to sponsor this newsletter.
📫️ Please add our newsletter email, [email protected], to your contacts to make sure you don’t miss any updates.