Bricks, Bytes, and Bold Moves: The Future of Real Estate with Fifth Dimension

The Future of Commercial Real Estate Data with CompStak CEO & Co-Founder Michael Mandel

Fifth Dimension Season 2 Episode 8

In this episode, Dr. Kate Jarvis sits down with Michael Mandel, CEO and Co-founder of CompStak, who shares his journey from commercial real estate broker to PropTech innovator. Michael recounts how he identified inefficiencies in the way brokers exchanged lease comparables and built a solution that has fundamentally changed how the industry accesses and utilizes data.

Michael discusses the challenges of launching a real estate technology company before "PropTech" was even a term, finding the right technical co-founder, and securing funding in an industry traditionally resistant to change. He offers valuable insights on prioritizing data quality over quantity, the impact of AI on real estate roles, and why domain expertise is critical for success in the commercial real estate technology space. Michael's perspective on the future of the industry and how technology is reshaping traditional roles provides valuable lessons for entrepreneurs, real estate professionals, and anyone interested in the intersection of data and commercial real estate.