Michael Rudin joined Rudin in 2008 and, together with his sister Samantha, represents the fourth generation to work at the family business founded in 1925. Michael focuses on new developments, capital markets, commercial leasing, sustainability and technology. He also helps lead the family’s alternative investing business, Rudin Ventures, where they've invested in companies like Bilt, Jones, VTS and Nantum OS. Rudin Management oversees the daily operations of 32 properties in New York City. The portfolio is comprised of 17 residential buildings totaling 4.7 million square feet and 14 commercial office buildings totaling approximately 9 million square feet.

(1:19) - Amenities for today's workforce
(9:50) - Feature: Blueprint Vegas 2024
(10:50) - Making buildings profitable
(14:19) - 3 Times Square case study
(18:42) - CRE leasing & financing
(22:34) - CRE Ops & risk mitigation
(29:50) - Proptech's dirty little secret
(37:45) - Lessons from Latch / Door.com
(42:43) - Bilt Rewards: Fintech's hottest Proptech
(47:20) - Collaboration Superpower: Michael's cousin Carlton

💚 Learn more:
➡️ Rudin's site
➡️ Rudin Ventures' site
➡️ Michael Rudin on LinkedIn

➡️ Proptech 101 (book) - Turning Chaos Into Cash Through Real Estate Innovation by Zach Aarons & Aaron Block
➡️ ProSentry's site - Smart building monitoring platform for CRE & Condos, including water leak detection recommended by insurance.

💚 Feature:
➡️ Blueprint Vegas 2024 - Tangent listeners get a $300 discount at BlueprintVegas.com/Tangent

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

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.

Salman Ahmad is the CEO and Co-founder of a16z-backed Mosaic, a construction technology company that builds software that makes homebuilding more scalable and efficient. Mosaic was founded in 2017 by Salman and Sep Kamvar, whom were two computer scientists working together at MIT and Stanford developing machine learning algorithms applied in the real world. Together, they developed a bold vision for the home building industry: construction as code. Mosaic uses their software themselves to manage construction on behalf of homebuilders, enabling them to build more homes. Salman has 20 technical publications and patents in the areas of software systems, programming languages, machine learning, human-computer interaction, and sensor hardware. He also worked with Microsoft developing virtualized datacenter solutions.

(3:33) - Mosaic's & Salman's origin story
(8:35) - Feature: Blueprint Vegas 2024 - Tangent listeners get a $300 discount at BlueprintVegas.com/Tangent
(9:30) - Housing construction pain points
(12:40) - Construction productivity issues
(15:12) - Mosaic's business model
(23:26) - Aligning Contech with VC timelines & incentives
(30:37) - Mosaic's biggest challenges
(35:26) - Macro & micro factors of construction labor shortage
(43:19) - Collaboration Superpower: Christopher Alexander (Co-author of A Pattern Language)

💚 Learn more:
➡️ Mosaic's site
➡️ Salman Ahmad on LinkedIn

💚 Feature:
➡️ Blueprint Vegas 2024 - Tangent listeners get a $300 discount at BlueprintVegas.com/Tangent

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

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.

Eoin Matthews is the Co-founder at Point, a home equity investment company making home equity wealth accessible to homeowners without creating a monthly debt obligation. Homeowners get upfront funds from Point in return for a portion of your home’s future appreciation. Point recently announced an oversubscribed $141M securitization, which marked it's second rated securitization and third overall, with its collaboration with Atalaya Capital Management. Eoin previously served as the VP of Business Development at Rakuten and has an extensive background in education.

(2:20) - Point's & Eoin's origin story
(5:43) - Potential HEI benefits for investors
(9:20) - Point's securitizations strategy
(11:42) - Capital stack evolution
(14:17) - M&A activity in Housing tech companies
(17:00) - Feature: Blueprint Vegas 2024
(17:54) - State of the Housing Market
(24:07) - Affordability of owning vs. renting a home
(29:47) - Underwriting Proptech in the current rate environment
(32:28) - Collaboration Superpower: Steve Wozniak (Apple Co-founder)

💚 Learn more:
➡️ Point's site
➡️ Eoin Matthews on LinkedIn

💚 Feature:
➡️ Blueprint Vegas 2024 - Tangent listeners get a $300 discount at BlueprintVegas.com/Tangent

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

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.