JLL to Acquire Skyline AI

As the saying goes, it's difficult to make predictions, especially about the future. But through a new acquisition, commercial brokerage JLL thinks it's found a way for clients to see where property values are headed -- and what tenants will be willing to pay down the road. JLL is set to close on the purchase of artificial intelligence startup Skyline AI, the Wall Street Journal reported. The firm aims to use Skyline's technology to help clients estimate future property values and pick new investment opportunities. Other purported benefits include data that can inform when to adjust rents or opportune times to renovate or sell.