AI & Enterprise
Space Value unveils AI-based nationwide condominium collateral rating lookup system
Space Value, operator of the AI real estate finance service Piper, said on Aug. 20 it published a report with Prime Appraisal that rates the recoverability of collateral loans for all condominium-type buildings nationwide in five tiers. The company also opened an online lookup system on its Piper Pro platform for financial institutions and real estate professionals. Ratings are calculated using an in-house machine learning model.
