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Berkadia has unveiled its new AI-based virtual assistant, "Berkie," designed to provide support in answering queries, summarizing information, handling task-oriented activities, and generating text or code. The platform aims to assist deal teams in tasks such as developing Offering Memorandums, conducting market analyses, summarizing CRE trends, and facilitating industry or property research. Berkadia's investment in technology aims to enhance productivity and efficiency across its production network, servicing platform, and corporate functions. The use of generative AI positions Berkadia at the forefront of the commercial real estate industry.

Original article posted on January 5, 2024