Tangent 💚 Proptech

Timothy Swanson is the President & CEO of Inherent L3C, a Chicago-based low profit LLC focused on enabling and empowering long term affordable homeownership and generational wealth creation through modular housing development, workforce platform and a smart home marketplace for future homeowners.💚Learn more:➡️Inherent L3C (site) - Transforming lives, communities and generations through homeownership💚Featured:➡️Propify (learn more) - The single source of truth for your CRE asset management➡️Blueprint (BlueprintVegas.com/Tangent for ticket discount) - Most global event of Proptech innovators leading the charge in changing the built world in Las Vegas this September.💚Connect with Tangent:➡️Edward Cohen on Twitter➡️Edward Cohen on LinkedIn➡️Jeff Berman on LinkedIn➡️Zach Aarons on Twitter➡️Tangent on LinkedIn➡️Tangent on Twitter(3:00) - Tim & Inherent L3C's story(4:21) - L3C structure, low-profit mission-driven limited liability company(7:11) - Feature: Blueprint - Largest event of Proptech innovators in Las Vegas on Sep. 11th-13th(8:18) - Running 3 companies in 1(10:15) - How is Inherent L3C funded?(13:40) - Workforce: Creating a jobs platform for residential development(16:11) - Workforce housing with better than living wage(19:25) - Single family vs higher density housing(21:26) - Tangent 'shiduch' - Roots 🤝 Inherent?(24:26) - VC friendly businesses(28:42) - Political strategy to propel change(33:29) - Feature: Propify - One integration to rule all property mgmt. software(34:35) - Future of Cities: Chicago(38:39) - Collaboration Superpower: Vinton CerfDisclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.

Stefan Schwab is the CEO of Enlighted (acquired by Siemens), a Proptech provider of IoT solutions at the intersection of people, space, and work. Enlighted combines cognitive environmental IoT sensors and lighting controls that connect to intelligent workplace experience apps, offering a singular, scalable, interoperable solution to address a spectrum of building, space, and productivity needs. Customers include AT&T, WWE and the UK's NHS. 💚Learn more: ➡️ Enlighted's site➡️ Stefan's LinkedIn💚Feature:➡️ Cuby Technologies (site) - mobile micro-factory solution to develop housing and buildings in less time.(3:12) - Implementing RTO plans(6:45) - Measuring occupier productivity and wellbeing(12:54) - Building management software integrations(15:00) - Differentiating your product and data in a crowded marketplace(18:22) - Feature: Cuby Technologies - mobile micro-factory solution to develop housing and buildings in less time(19:42) - Case Study: WWE's HQ in Stamford, CT(26:40) - Why should office buildings care about sustainability goals(29:36) - AI opportunities for CRE investors(33:39) - Future of Cities: Augsburg, Germany💚Connect with Tangent:➡️ Edward Cohen on Twitter ➡️ Edward Cohen on LinkedIn ➡️ Jeff Berman on LinkedIn ➡️ Zach Aarons on Twitter➡️ Tangent on LinkedIn➡️ Tangent on TwitterDisclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.

This is a Tangent Special episode. Discomfort Zone: the art of stepping out of your comfort zone to pivot in business and in life, and the science of changing your mind when you are faced with new facts and acquire new experiences.(0:25) - Zach Aarons (GP & Co-founder at MetaProp)(3:03) - Nick Romito (CEO & Founder at VTS)(3:47) - Kevin Ortner (CEO at Renters Warehouse and President at Appreciate)(5:09) - Steve Eisman (The Big Short investor)(6:14) - Noah Isaacs (Co-founder at Bowery Valuations)(7:34) - Imran Noorani (CSO at Peak Power)Connect with Tangent:💚 Edward Cohen on Twitter💚 Edward Cohen on LinkedIn💚 Jeff Berman on LinkedIn💚 Zach Aarons on Twitter💚 Tangent on LinkedIn💚 Tangent on Twitter

Daniel Dorfman is the Co-founder at Roots, an Atlanta-based company aiming to help 1 million people create wealth through residential real estate investing and their innovative ''Rent it like you own it'' program. 💚Learn more:➡️Roots (site) - The real estate portfolio that creates wealth for you and its Residents💚Feature:➡️Dottid (book a demo) - The single source of truth for your CRE asset management 💚Connect with Tangent:➡️Edward Cohen on Twitter➡️Edward Cohen on LinkedIn➡️Jeff Berman on LinkedIn➡️Zach Aarons on Twitter➡️Tangent on LinkedIn➡️Tangent on Twitter(1:53) - Roots' pitch: Turning renters into investors(3:59) - Roots' investors, assets & strategy (6:51) - Tangent Glossary: Reg A REITs(9:00) - Rent pricing strategy & planning fund reserves(13:32) - Roots' company growth, rent growth & CoC(16:19) - Renter incentives: Rent a home like you own it(18:45) - Feature - Dottid: All-in-one commercial real estate asset management platform(21:07) - Scaling in Atlanta market and beyond(22:22) - Real Estate fund type and structure(25:29) - Jeff's lesson for Proptech founders: to raise VC or not to(26:43) - Trading lower CoC yield for higher appreciation & financial empowerment(28:53) - Secret sauce(32:55) - Discomfort Zone: Building resident trust (35:07) - Resident community gamification & creating network effects (38:26) - Collaboration Superpower: Public-private partnerships, Multifamily REIT's & Mel Brunson Disclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.

Mike Sroka, CEO and Co-founder of Dealpath, a leading cloud-based software platform for commercial real estate investment and development teams, including Blackstone, Nuveen, Oxford Properties and L+M. Mike currently also contributes to Forbes' Real Estate Council, and previously worked as a PM at Zynga. Edward & Jeff are joined by friend of Tangent Zach Aarons (GP & Co-founder at MetaProp).(1:35) - Future of Cities: San Francisco(5:07) - Signature Bank's and regional banks' impact on commercial real estate(12:34) - Tangent Glossary: NY's Local Law 97's site(13:52) - Bright side of CRE: Industrial, Logistics & Manufacturing in Latin America & emerging markets(16:46) - Dealpath's and Mike's origin entrepreneurial story(20:09) - Feature - KODA: Minimalist luxury living in a spaciously sustainable house(21:07) - Dealpath's value propositions(26:16) - Dealpath's 'killer' product(28:21) - Proptech adoption & displacing legacy real estate systems(33:27) - The Impact & Opportunities of Generative AI in Real Estate (MetaProp's White Paper)(40:27) - Discomfort Zone: Stanley Druckenmiller's inflation predictionLearn more:💚 Dealpath's siteFeature:💚KODA's siteConnect with Tangent:💚 Edward Cohen on Twitter💚 Edward Cohen on LinkedIn💚 Jeff Berman on LinkedIn💚 Zach Aarons on Twitter💚 Tangent on LinkedIn💚 Tangent on Twitter

Sukesh Shekar is the CEO & Founder at Altgage, the Google search of mortgages, bringing simply affordable mortgages to home buyers. . Sukesh believes in the American dream of homeownership. However, mortgages are more unaffordable than ever and most mortgage processes lack transparency. Altgage makes home buying more affordable with smart mortgages that build wealth over time.💚 Learn more:➡️ Altgage's website - Mortgage deals that make home buying affordable. ➡️ Sukesh Shekar on LinkedIn💚 Feature:➡️ Parking Reform Network (website) - Education about the impact of parking policy on climate change, equity, housing, and traffic. 💚 Connect with Tangent:➡️ Edward Cohen on Twitter➡️ Edward Cohen on LinkedIn➡️ Jeff Berman on LinkedIn➡️ Zach Aarons on Twitter➡️ Tangent on LinkedIn➡️ Tangent on Twitter(1:54) - Building the Google search for affordable mortgages(7:23) - Demystifying mortgage brokers compensation(12:17) - Feature: Parking Reform Network (website) - Education about the impact of parking policy on climate change, equity, housing, and traffic.(13:26) - Tangent glossary: mortgage originators, mortgage brokers, 'shop for your rates', market rate dispersion, PMI, cost of capital, UWM, mortgage origination.(18:05) - Lack of transparency, many middlemen, too much fat(18:57) - Numbers vs. existential issues for VC's(19:40) - Renting vs. owning a home(30:53) - Altgage's scale, repeatability & protectable IP(33:45) - Mortgage startups performance(33:57) - Altgage's innovative mortgage search(37:50) - Altgage's teamDisclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.

Hosts Edward and Jeffrey are joined by MetaProp Co-founder & GP Zach Aarons, and special guest Brad Hargreaves, Founder and Chairman at Common and contributor to Thesis Driven, to discuss Silicon Valley Bank's and Signature Bank's unraveling and it's potential implications on Proptech, commercial real estate and VC investing.(2:05) - SVB's fallout timeline(7:13) - Advise for Proptech founders & teams banking with SVB(11:27) - Impact to investor sentiment(13:42) - Feature: HAC - Housing Assistance Council, helping build homes & communities across rural America (learn more)(14:50) - How can companies handle SVB's covenants(19:10) - Fed's options & their impact on commercial real estate(23:30) - Bank runs in the era of social media(25:55) - Buying low-yield bonds and 4 cap CRE buyers(28:50) - Brad's experience at Common choosing between Triple Point & SVB(33:50) - Opportunities ahead(36:53) - How can Proptech deliver innovation & adoption growing forwardLearn more:💚Brad Hargreaves on Twitter💚Thesis Driven blog - Subscribe💚Zach Aarons on Twitter💚MetaProp's websiteFeature:💚HAC - Housing Assistance Council, helping build homes & communities across rural America - WebsiteConnect with Tangent:💚Edward Cohen on Twitter💚Edward Cohen on LinkedIn💚Jeff Berman on LinkedIn💚Tangent on LinkedIn💚Tangent on Twitter

Nick Romito is the CEO and Founder of VTS, Commercial Real Estate's leading leasing and asset management platform. Under his leadership, VTS has grown to more than 60% of Class A office space in the US and over 12 billion square feet of office, retail, and industrial is managed through the VTS platform globally.(1:23) - State of the Office market(7:20) - Office space in the hybrid work era(11:55) - CRE debt maturity(13:37) - Feature: Raccord - Collect, organize and use CRE data seamlessly (15:46) - How will CRE owners and operators evolve (23:23) - How will CRE tenant experience evolve(25:56) - VTS's present and future(29:30) - Future of Cities: NYC(36:14) - Discomfort Zone: Remote workLearn more:💚VTS Office Demand Index February 2023 (report)💚VTS (website)Feature:💚Raccord (website) - Collect, access and utilize commercial real estate data instantlyConnect with Tangent:💚Edward Cohen on Twitter💚Edward Cohen on LinkedIn💚Jeff Berman on LinkedIn💚Tangent on LinkedIn💚Tangent on Twitter

Kevin Ortner is the President of Appreciate Holdings and CEO of its operating arm Renters Warehouse. Kevin Ortner is the author of Rent Estate Revolution: Today's Key to Retirement Security, Financial Freedom & the New American Dream. (1:24) - State of the SFR market(4:36) - Strategies for institutional and retail SFR investors (8:43) - Starting an SFR property mgmt. company(13:56) - How to build a vertically integrated real estate tech stack(18:48) - Feature: Lendai - US Mortgage for Foreign Investors (Apply here today)  (20:25) - Residential Real Estate data sources (25:28) - Property condition and appraisals(27:40) - Appreciate's SPAC(30:23) - Solving the housing supply and affordability crisis(36:23) - Get rich slow: Owning rentals and the New American dream(40:45) - Future of Cities: Minneapolis, MN(42:35) - Discomfort Zone: Hybrid work Learn more:💚Kevin Ortner on LinkedIn💚Appreciate's website💚Rent Estate Revolution by Kevin Ortner (on Amazon) Feature:💚Lendai - US Mortgage for Foreign Investors (Apply here today)Connect with Tangent:💚Edward Cohen on Twitter💚Edward Cohen on LinkedIn💚Jeff Berman on LinkedIn💚Tangent on LinkedIn💚Tangent on Twitter

Jason Fudin is the CEO and Co-Founder of Placemakr. Placemakr is a tech-enabled real estate and finance optimization platform that partners with developers, property operators, and investors to curate a collection of apartment-like spaces in selected neighborhoods. Their buildings range from brand-new apartments as they’re leasing up to established apartments looking to maximize their value. Jason previously led commercial developments at Vornado Realty.(1:19) - Placemakr's origin story(2:56) - Pop-up hotels (9:16) - Feature: Prophia - Access validated commercial real estate data in real-time (10:34) - Blending Hospitality and Multifamily(13:42) - Asset-light vs. asset-heavy approach(15:56) - Flexible residential buildings with commingled uses(19:45) - Navigating city regulations and incentives(23:24) - Office to housing conversions(27:47) - Future of Cities - Washington DC, a tale of two cities(28:59) - Discomfort Zone - Building the right team and tech adoption in slow real estate Learn more:💚Jason Fudin on LinkedIn💚Placemakr's website💚Job openings at Placemakr (link)💚Placemakr on LinkedInFeature:💚Prophia (website) - Access validated commercial real estate data in real-timeConnect with Tangent:💚Edward Cohen on Twitter💚Jeff Berman on LinkedIn💚Tangent on LinkedIn💚Tangent on Twitter