Feb 4, 2021
Summary: Today the Propcast will be talking to
Michael Mandel from CompStak about transparency in commercial real
estate data.
The
Propcast by Louisa Dickins, Co-Founder of LMRE the leading Global
PropTech recruiter brought to you in partnership with UK PropTech
Association, The UK PropTech Association is a membership
organisation to drive the digital transformation of the property
industry. This show will focus on connecting the Proptechs, real
estate funds and VC’s globally…and get everyone talking about
innovation of the build to rent environment.
About Our Host
Louisa Dickins
Louisa started her career in property working at a well-known
estate agency in London. Realising her people skills, she moved
over to Lloyd May to pursue a career in recruitment. She now is a
Director at LMRE, who are a specialist recruitment firm driven by
PropTech and recruitment professionals, and Louisa oversees their 5
core areas. Louisa co-founded LMRE and provides a constructive
recruitment platform to the new disruptors in real estate. Louisa
is also on the board of Directors at UK PropTech Association
(UKPA).
About LMRE
LMRE believe there is a better way to recruit. LMRE focus on a more
comprehensive, client led focus delivering exceptional talent to
the right place at the right time. They are passionate about the
industry and passionate about people's careers. LMRE spend time
with each client to become and an extension of the business, and
their transparency and core values help them grow with the sector.
LMRE simplify recruitment and innovate with our clients and evolve
the people driven, PropTech community.
About Our Guest
Michael Mandel
Michael is the Co-Founder & CEO of CompStak, a marketplace for
commercial real estate information. CompStak uses a crowd-sourced
model to gather real information that is hard to find, difficult to
compile or otherwise unavailable. Our first product is a
marketplace for the exchange of commercial lease comparables. Users
add the comps they have to find the comps they need. CompStak was
born out of Michael's experience as a commercial leasing broker in
Manhattan. He has been recognized for his success as Grubb & Ellis’
National Rookie of the Year in 2007 and Real Estate New York’s 30
under 30 in 2008. CompStak has been featured in The Wall Street
Journal, The Real Deal, Forbes, Bloomberg, AG Beat and more.
Resources mentioned
LMRE website www.lmre.co.uk
UKPA website www.ukpa.com
Compstak website www.compstak.com
Michaels email michael@compstak.com
Insights from this Episode
- Data in its most granular, basic form has been used in the industry forever – Michael Mandel
- The idea behind CompStak was simply to move that that trading of information from offline to online – Michael Mandel
- It was years before we started entertaining partnership opportunities, the reality is that you need to be focused on your core business early on – Michael Mandel
- It becomes like a virtuous cycle where more data leads to more insight, and then continues to make it more important in the industry – Michael Mandel
- You need to get the fundamentals right before you start looking at those data on the fringe – Michael Mandel
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