Company Filing History:
Years Active: 2025
Title: Pradnya Nimkar: Innovator in Machine Learning for Commercial Lease Benchmarking
Introduction
Pradnya Nimkar is a notable inventor based in Newark, CA (US). She has made significant contributions to the field of machine learning, particularly in the area of commercial lease benchmarking. Her innovative approach combines advanced technology with practical applications in real estate.
Latest Patents
Pradnya holds a patent titled "Machine learning methods for commercial lease benchmarking and devices thereof." This patent encompasses methods, non-transitory computer-readable media, and property analysis server devices that generate a feature dataset. This dataset includes property and metric data, such as addresses and actual lease values. A machine learning model (MLM) is selected from various types of MLMs, and a determination is made that the selected MLM exceeds an accuracy threshold based on cross-validation using predicted lease values. The property data is stored in a lease benchmarking database, with addresses replaced by corresponding geographic coordinates and geohash values. The properties are associated in the database with predicted lease values, and one of these values is returned in response to a lease pricing request that includes an address.
Career Highlights
Pradnya is currently employed at Jones Lang LaSalle IP, Inc., where she applies her expertise in machine learning to enhance commercial real estate practices. Her work focuses on leveraging technology to improve the accuracy and efficiency of lease pricing.
Collaborations
Pradnya collaborates with talented professionals in her field, including her coworkers Utkarsh Porwal and Gurdit Chahal. These collaborations foster an environment of innovation and creativity, contributing to the advancement of machine learning applications in real estate.
Conclusion
Pradnya Nimkar's contributions to machine learning and commercial lease benchmarking exemplify the intersection of technology and real estate. Her innovative patent and career at Jones Lang LaSalle IP, Inc. highlight her role as a leading inventor in this evolving field.