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.
Special guest Zach Aarons from MetaProp, one of the most active early-stage Proptech investor in the United States, joins Tangent again. Zach has been involved in funding over 60 startups at the intersection of Real Estate and Technology as an individual, and 150 startups through MetaProp NYCβs venture capital funds.
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:
πBowery Valuation's website
Featured:
πTransform 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
(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:
πBowery Valuation's website
Featured:
πTransform 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:
πEdward Cohen on Twitter
πJeff Berman on LinkedIn
πZach Aarons on Twitter
πTangent on LinkedIn
πTangent on Twitter