In this bonus episode of Commercially Speaking, Bo and Timmy welcome Luke Morris, co-founder of Crexi and Capitalize. They discuss Luke's journey in commercial real estate, the evolution of Crexi, and the launch of Capitalize, a platform designed to streamline commercial real estate financing using AI. The conversation delves into the challenges faced by brokers and lenders, the importance of data in the industry, and the future prospects for Capitalize. Luke emphasizes the need for transparency and trust in commercial real estate, highlighting how technology can empower brokers to better serve their clients.
Chapters
00:00 Introduction to the Podcast and Guest
02:40 Luke Morris: Early Life and Career Path
05:19 The Birth of Crexie: Innovations in Commercial Real Estate
08:00 The Evolution of Crexie: Growth and Milestones
10:48 Identifying Pain Points in Commercial Real Estate
13:32 Capitalize: The Next Step in PropTech
16:25 Understanding Capitalize's Functionality and Market Impact
19:07 Use Cases for Brokers: Enhancing Efficiency and Effectiveness
21:56 The Role of Brokers in Commercial Real Estate
24:34 Exploring the Technology Behind Capitalize
27:27 Real-Time Insights and Market Dynamics
30:28 Conclusion and Future Outlook
33:22 Understanding Mezzanine Debt and Preferred Equity
36:51 Navigating Fund Management and Deal Sponsorship
39:28 Challenges in Data Aggregation and AI Integration
44:08 Personal Insights and Hobbies of Luke Morris
48:52 Engagement and Future Steps for Capitalize.io