Reinventing Housing & Hotels in the Remote Work Era, with Placemakr CEO and Co-founder Jason Fudin

01/04/23 • 33 min

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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 LinkedIn

Feature:
💚Prophia (website) - Access validated commercial real estate data in real-time

Connect with Tangent:
💚Edward Cohen on Twitter
💚Jeff Berman on LinkedIn
💚Tangent on LinkedIn
💚Tangent on Twitter

Learn more:
💚Jason Fudin on LinkedIn💚Placemakr's website
💚Job openings at Placemakr (link)
💚Placemakr on LinkedIn

Feature:
💚Prophia (website) - Access validated commercial real estate data in real-time

Connect with Tangent:
💚Edward Cohen on Twitter
💚Jeff Berman on LinkedIn
💚Tangent on LinkedIn
💚Tangent on Twitter

Previous Episode

What's Wrong with Commercial Real Estate Appraisals, with Bowery Valuation Co-CEO Noah Isaacs

Noah Isaacs is Co-founder and Co-CEO at Bowery Valuation, a commercial real estate appraisal firm that is powering the best-in-class appraisers to help them appraise smarter and faster. Before co-founding Bowery, Noah worked for BBG, valuing over $2.5B worth of commercial real estate in New York. Noah graduated from McGill University with a major in Statistics and a double minor in Operations Management and Labor-Management Relations. He has on multiple occasions lectured at Columbia University, with a primary focus on Proptech and the future of real estate.

(1:36) - State of the Commercial Real Estate market
(8:38) - What's wrong with Commercial Real Estate appraisals?
(13:22) - How Bowery Valuation solves collaboration issues during the appraisal process
(15:56) - Feature - Transform Your City : Create urban spaces that lead to safer, healthier, and greener streets and cities.
(17:17) - The future of Commercial Real Estate appraisal tech: Bowery Valuation's client-facing platform
(21:16) - The 5-day Commercial loan vision
(22:39) - New data sources for appraisals: tenant space usage and carbon emissions.
(24:40) - The state of Office: are appraisers considering conversions or alternative highest and best uses?
(28:24) - Bowery Valuation's fundraising journey: from MetaProp to Camber Creek to Goldman Sachs
(39:56) - Benefits of having a strategically diverse investor stack - LeFrak, Capital One, Alpaca VC, Goldman Sachs, MetaProp, Camber Creek
(42:46) - Future of Cities: What's one aspect of NYC Noah would choose to improve?
(43:24) - Discomfort Zone: How Noah has adapted his leadership approach to empower Bowery's team

Learn More:
💚Bowery Valuation's website

Featured:
💚Transform Your City (website): AI-generated urban spaces to create to safer, healthier, and greener streets and cities.
-To donate and support Transform Your City -> Donate now

Connect with Tangent:
💚Edward Cohen on Twitter
💚Jeff Berman on LinkedIn
💚Zach Aarons on Twitter
💚Tangent on LinkedIn
💚Tangent on Twitter

Next Episode

undefined - State of the Residential Market and How to Build a Public Single-Family Rental Company, with Appreciate President & Renters Warehouse CEO Kevin Ortner

State of the Residential Market and How to Build a Public Single-Family Rental Company, with Appreciate President & Renters Warehouse CEO Kevin Ortner

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