AI-Powered Real Estate Development

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Designs & Investment Models in Seconds

Instantly assess development opportunities using AI-powered generative design integrated with development budgets and investment models.

Real estate development is slow. costly. complex. risky.
It doesn't have to be.

Developers evaluate an average of 31 opportunities for every one they develop.
With Parafin there are no more design fees, endless iterations, or weeks of delay.

Parafin saves developers time and money

Parafin instantly creates optimized designs, budgets, and investment models for any site.

Minutes,
Not Months

Instantly identify the best-possible design among millions of generated designs, each tied to a budget and investment model.

Win Deals
Faster

Save weeks of time on every site evaluation, and bid on sought-after properties before the competition.

Grow Your
Pipeline

Parafin frees up developers to pursue hundreds of projects they simply didn’t have time to consider.

Eliminate hefty design fees

Never pay for endless design revisions again. Your annual subscription covers unlimited projects.

AI-Generated Brand-Specific Hotel Designs

In partnership with leading hotel brands, Parafin’s proprietary AI model is individually fine-tuned for each brand, enabling astonishingly fast and precise design generation.

One click unleashes a wave of unique, brand-compliant designs, each optimized for your site and investment objectives.

FEATURED BRANDS

Make smarter, data-driven decisions in just a few clicks

Current Process

Using Parafin

quicker than brewing a cup of coffee

"Parafin is a must-have tool! Generating a feasibility report is quicker than brewing a cup of coffee. With the time and effort saved, we can look at more deals and widen our development opportunities."

the pivot to LivSmart Studios by Hilton was instantaneous

"A franchise opportunity didn't materialize for another brand on a site we were pursuing. But since the project was already in Parafin, the pivot to LivSmart Studios by Hilton was instantaneous."

In today’s environment, quick decisions are vital

"Parafin is disruptive in my world. Instead of needing weeks of back-and-forth with architects and analysts, Parafin can quickly size up an opportunity for a critical quick decision on whether to continue pursuit or punt. And in today’s environment, quick decisions are vital."

I can even consider brands we haven’t built before

"Parafin allows quick programming analysis for potential hotel development sites. It has multiple brand layouts that provide test fitting a site which limits lead time and up-front design cost with an architect. I can quickly see how alternative brands might fit on our sites, and even consider brands we haven’t built before."

great resource for analyzing a site in the early stages

"In our fast-paced development world, we must make decisions quickly. We obviously rely upon our architects to thoroughly design our hotels, but we have found Parafin to be a great resource for analyzing a site in the early stages."

instant turnaround... It’s a win-win

"Early in our process, Parafin provides us a very sophisticated ability to work side-by-side with our developers to optimize designs for their sites.
It’s a win-win – they get instant turnaround with smart, visual data, and we come away with a high-quality head-start on the design without weeks of back-and-forth."

Parafin leadership

Led by a team with deep experience at the intersection of real estate development and generative design technology.

Adam Hengels

Founder

Adam drives innovation and transformation at the intersection of real estate development and technology. He holds degrees from the University of Illinois, Illinois Institute of Technology, and MIT.

Having played a pivotal role in the development of the $5B Atlantic Yards and Barclays Center Arena in Brooklyn, Adam's team protected the company's financial stability during the 2008 crisis and ensured the project's successful continuation.

Adam combines his industry experience with innovative thinking to accelerate and optimize real estate development through artificial intelligence and generative design.

Brian Ahmes

Founder

An award-winning architect and recognized as a top construction influencer by Autodesk, Brian is an expert in design and technology. He co-founded the LINE computational design studio within HKS Architects, a pioneer in advanced computational design.

In 2013, he also co-founded H.ME to envision, launch, and operate disruptive hospitality products and business models. After securing investment from Hyatt Hotels, H.ME prototyped innovative residential hotel concepts for digitally-native travelers and collaboration-focused organizations such as Google and GSA.

Today, Brian brings his extensive expertise in AI-powered generative design to Parafin, revolutionizing the real estate industry.

Arol Wolford

Angel Investor / Advisor

Founder of CMD, SmartBIM
CIO Building Systems Design
Early investor and Board Member of Revit

"I have seen data and BIM transform the construction industry. Parafin puts real estate developers in the driver’s seat of the next wave of transformation: generative design."

Arol Wolford

Steve Weikal

Advisor

Managing Partner, MET Fund II
Industry Chair, Real Estate Transformation Lab, MIT Center for Real Estate

“Parafin is an example of the autonomous future of real estate, where various processes, including development, will get faster, more automated, and increasingly digital.”

Steve Weikal

Steve Haggerty

Advisor

Principal and Founder at Bare Hill
Former Global Head of Real Estate & Capital Strategy, Hyatt Hotels Corporation

“The ability to quickly understand the feasibility of multiple hotel brands on a site is truly a game-changer for both brands and developers.”

Steve Haggerty

Share a passion for shaping the future of the built world?

Press and Awards

Parafin’s Brian Ahmes named top construction influencer

Most innovative startups transforming affordable housing

Winner of CREtech’s prestigious 2020 RETAS award

10 most promising tech players in preconstruction & planning

AI-driven design could revolutionize the lodging industry

Stay Informed

Parafin Perspectives Email Newsletter:

Covering the crossroads of hospitality, real estate, tech, and design, our periodic newsletter takes five minutes or less to read.

Experience the world’s most powerful tool built just for real estate developers

Get more out of every real estate development opportunity
with Parafin.