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In this episode of Deal Flow Friday, host David Moghavem interviews Jacob Kosior, VP of Client Strategy at Elise AI, one of the fastest growing Prop Tech companies who've just completed a $250M Series E funding round, with over $100M in Annual Reccuring Revenue. In this episode, the two discuss the transformative impact of AI on multifamily operations. They explore how conversational and agentic AI are redefining leasing processes, enhancing resident interactions, and addressing operational challenges. Jacob shares insights on the importance of implementation, measuring ROI, and the future of AI in real estate, emphasizing the need for operators to embrace technology to stay competitive. Chapters 00:00 Introduction to Elise AI and Its Impact 04:00 AI Redefining Multifamily Operations 05:50 Conversational AI: Enhancing Resident Interaction 09:15 Addressing Implementation Challenges 11:34 The Role of AI in Operational Efficiency 13:39 Generative AI vs. Agentic AI 17:13 Expanding AI Capabilities for Operators 19:08 Measuring ROI with AI Implementation 21:30 Tech Stack Consolidation and Centralization 24:26 Integrating with Existing Platforms 27:04 Advice for Multifamily Operators on AI Adoption 29:27 Future of AI in Real Estate Operations 32:36 Funding and Growth Plans for Elise AI www.dealflowfriday.com Instagram: @dealflowfriday X: @dealflowfriday