Altrio launches AI agent to automate commercial real estate deal sourcing

Altrio on October 20 introduced an AI Sourcing agent that scans thousands of brokerage listings and matches them to a firm’s investment criteria, aiming to cut the time acquisitions teams spend on manual screening. The new tool joins Altrio’s Inbox agent to give users one view of on-market and off-market deal flow.

Why it matters: - Acquisitions teams can now screen more commercial real estate listings without adding headcount. - The new agent is designed to reduce missed opportunities by continuously scanning broker listings instead of relying on manual saved searches and reminders. - Altrio says the combined sourcing and inbox workflow gives firms a single view of the investible market.

What happened: - Altrio announced the Altrio Sourcing agent, an AI tool that searches thousands of online listings from dozens of leading brokerages. - The agent automatically adds listings that fit a firm’s investment criteria to each user’s personalized opportunity list. - The launch follows the August release of Altrio’s Inbox agent, which captures deals that arrive by email and scores them against a firm’s buying criteria. - The two agents now bring listed and emailed deal flow into one screen.

The details: - The Sourcing agent keeps searching as new listings are posted. - The tool removes the need for saved searches and alert emails. - The system scores listings against asset class, geography, size, price range and a firm’s own criteria. - Listings that match are added to the opportunity list. Listings that do not match are excluded. - Each user sees listings that match their own buy box, with the firm-wide view one click away. - New arrivals are flagged so daily review takes minutes. - A user can add an opportunity to the pipeline, with captured details already populated, or pass on it in one click. - Listings and emailed deals appear in the same format and can be filtered by dozens of deal and asset attributes, including sector, submarket, guidance price, cap rate, size, vintage and occupancy. - Altrio says the platform reads every listing into its real estate data model, which it has built over seven years with commercial real estate professionals. - The data model uses thousands of fields defined the way the industry defines them, including monthly or annual rents and gross or net rent. - The system is governed like the rest of Altrio: opportunities are captured once for the firm, access follows user permissions, every agent action is audit-logged, and no customer data is used to train AI models. - Raj Singh, Altrio’s CEO, said investors want broad coverage, but the best deals can get buried among opportunities that do not fit the buy box.

Between the lines: - The product targets a long-standing workflow problem in commercial real estate: fragmented sourcing across broker sites, email inboxes and manual trackers. - Altrio is positioning automation as a way to widen coverage while narrowing attention to only the deals that fit. - The emphasis on permissions, audit logs and no-training use of customer data suggests the company is selling into regulated, process-heavy investment teams that care about controls.

What's next: - The Sourcing agent will roll out to all Altrio customers over the coming weeks. - The feature will be available on both Altrio Pro and Altrio Enterprise Editions at no additional cost. - New teams can try Altrio Pro with a 30-day free trial that does not require a credit card. - Firms evaluating Altrio Enterprise can request a demo. - More information is available in Altrio’s announcement and the company’s video channel.

The bottom line: - Altrio is trying to make commercial real estate sourcing feel like a continuously updated, automated screen rather than a manual hunt across broker sites and inboxes.