Parafin provides AI-powered generative design for real estate development, allowing instant assessments of development opportunities and optimized designs tied to budgets and investment models. self-described.

Parafin

Parafin provides AI-powered generative design for real estate development, allowing developers to instantly assess development opportunities and create optimized designs, budgets, and investment models.

Parafin | 1,323 followers on LinkedIn. Revolutionizing Real Estate Development with AI-Powered Generative Design | Parafin is revolutionizing real estate development with AI-driven generative design platform specifically tailored for developers. Our award-winning advanced algorithms analyze site constraints and development goals, enabling developers to instantly generate unique building designs, development budgets, and investment models. Gain a significant competitive advantage in the fast-paced real estate market by leveraging our AI-driven platform, tailored specifically for developers seeking optimized design and investment decisions.

Adam Hengels

Ryan D. Martin, AIA NCARB

Thought Leader in the Future of Technology, Innovation + Commercial Real Estate

Steve Weikal

Co-founder | Parafin - Real Estate Development Technology …”Top 50 Construction Influencers” – Autodesk…

Brian Ahmes

Are you attending the 8th annual Hotel Investment Forum hosted by The Kabani Hotel Group and looking to develop your next new build? Save time and money while increasing your pipeline with Parafin ! Feel free to message Brian Ahmes directly if you'd like to schedule time to meet and see the future of hotel development in action.

Going to The Lodging Conference and looking to develop your next new build? Save time and money while increasing your pipeline with Parafin ! Feel free to message Brian Ahmes directly if you'd like to schedule time to meet and see the future of hotel development in action.

Excited to share that Parafin was featured by AEC Magazine for leading the trend toward AI software that targets specific building typologies rather than broad, generalized tools. "The thinking here is that, by targeting a deep and narrow segment of the design market, they might become a leading solution in just one or two building types and thus carve out a profitable, differentiated business for themselves from the +$13 trillion construction industry." From the very beginning, we've strategically concentrated on niche areas where we can excel and make an immediate difference, while others attempting to "boil the ocean" as Adam Hengels puts it, have struggled to gain meaningful traction. Proud to see our focused approach being recognized and excited to continue making a significant impact in the industry!

Attending LendingCon - Hospitality Investors Conference and looking to develop a new hotel? Meet Brian Ahmes , co-founder of Parafin and see how to save time and money on your next hotel land deal!

In case you missed the webinar, thank you to Hilton 's SVP of Development, Bill Fortier along with Bridge and Parafin discussing how to accelerate new hotel development deals!

🔔 Don’t Miss Our Exclusive Webinar! Join Parafin and Bridge for a special session with Bill Fortier, Head of the Hilton Development team. We’ll dive into strategies for overcoming the unique challenges faced by hotel developers in ground-up development. 📆 July 31st ⏰ 2-2:45 EDT 📍 Zoom 📝 Register now! https://lnkd.in/e6Sm2egC

For some modern hotel developers, local politics, not supply and demand, are the driving force behind investment decisions. According to Dan Daley , Managing Partner of Ten Five Hospitality , “It's the underlying fundamentals of a city, what's the spirit of the city, what's the energy of the city. What's their creativity and the culture we think we can build a really interesting story around and add something to.” Greg Friedman , CEO and Managing Principal of Peachtree Group , prefers to focus on markets with favorable demographic trends and supportive local politics rather than pursuing discounted markets that might represent headaches down the road. Read more at the full article below.

Highlights from CBRE ’s 2024 Global Hotels Outlook: RevPAR: Expected to grow by about 3%, fueled by the recovery in international travel, strong performance in meetings and group events, and sustained leisure travel demand. Luxury and upper-upscale hotels are projected to lead this growth with RevPAR increases of 3.8% and 3.7%, respectively. Urban Market Strength: Urban locations are set to experience the strongest RevPAR growth due to the recovery of international travel, robust group segment performance, and modest corporate travel improvement. Operating Profit Margins: GOP margins declined by 125 bps in 2023 and are expected to remain under pressure in 2024 due to rising costs, labor market tightness, and higher insurance and property taxes. Market Performance: Markets like New York City and San Diego outperformed 2019 levels due to strong leisure demand and other factors. Conversely, some California, Pacific Northwest, and Upper Midwest markets lagged due to net migration outflows, rising crime, and political issues. Investment Outlook: A forecasted decline in short-term interest rates by 100 bps in 2024 is expected to boost hotel investment volumes, particularly for trophy assets, boutique hotels, and premium select-service hotels in high-demand markets. Read the full report in the link below.

According to EHL Swiss School of Tourism and Hospitality (SSTH) 's Ian Millar , Senior Lecturer in Hospitality Technology: "The perception of AI as a ‘luxury’ or ‘big business’ solution needs to be replaced by a more ‘innovation-drives-profitability’ mindset. Typically, larger enterprises with greater resources and volume capacity do not wince at investing in AI systems, but small-scale operations should also be looking at the long-term benefits that better pricing strategies, speedier operations and more effective staffing methods could bring them. Many of these tech advancements can be implemented in incremental stages and at reasonable prices. Lack of awareness and resistance to change are undermining SMEs opportunities to enhance operational efficiency and profitability." Read the full interview at the link below.

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