JLL and Slate Asset Management (Slate) have partnered to launch JLL Asset Beacon, a SaaS technology platform designed to streamline data integration across the commercial real estate (CRE) asset management lifecycle. By consolidating financial, operational, and leasing data, the platform offers a single source of truth, enabling faster decision-making and optimizing portfolio performance.

JLL Asset Beacon incorporates advanced AI functionalities powered by JLL’s Falcon platform, including lease abstraction and natural language querying, providing CRE professionals with actionable insights to maximize value and mitigate risks.

“This collaboration with JLL allows us to elevate our platform and make it accessible to a wider audience, offering unparalleled tools for portfolio management and value creation,” said Blair Welch, Slate’s founding partner.

As CRE portfolio diversification increases, JLL Research emphasizes the importance of sophisticated tools to manage complex data effectively. JLL Asset Beacon aims to equip investors and managers with dynamic, data-driven solutions to navigate today’s challenging market landscape.