Prop Tech for Real Estate Professionals
In each monthly discussion, real estate executives are introduced to new business models that are transforming how real estate is used. As technology continues to innovate and become a larger part of all parts of our lives, new business models are emerging that are affecting the use and demand on real estate space. We can live, work, and shop anywhere thereby diminishing the influence of “exclusivity” and “need to be” locations. Technology is reducing the friction in the marketing and leasing processes forever altering the discovery, information sharing, revenue, and valuations of properties as real estate demand becomes hospitality based.
FEATURED COMPANY: Redist
REDIST is a B2B SaaS platform for commercial real estate professionals — developers, investors, and brokers — to save time and money on their deals and access more deals. Our main offering is REDIST Projects, a cloud-based software that identifies, curates, and sizes all eligible incentives for a specific property address. REDIST aggregates the $100B of real estate incentives given out annually across more than 10,000 programs that fall into 18 different categories — Tax Abatements, Tax Credits, Soft Loans and Grants from HUD, and other exemptions like Opportunity Zones or Qualified Census Tracts. Affordable Housing and energy efficiency incentives are a cornerstone of the programs we support. Our PropTech startup team of seven operates out of the Columbia Startup Lab, and we are currently in Lowenstein Sandler’s VentureCrush First Growth, having completed Accelerate 2020 with Bowery Capital and Silicon Valley Bank.
with Atif Qadir
Atif Z. Qadir founded REDIST, a proptech startup based at Columbia Startup Lab, in 2020 and Amanat Properties, a development company focusing on the renovation of historic real estate in New Jersey, in 2017. Previously, he was at Extell Development, where he was an Associate on the acquisitions and development teams for deals across the United States and Canada. Prior to that, he was at Turner Construction and at Gwathmey Siegel Kaufman & Associates Architects. He is a licensed architect and a member of the American Institute of Architects. He also is the host of “American Building” a new podcast with Michael Graves Architecture & Design and has previously spoken on real estate and entrepreneurship at Columbia, Harvard, Michigan, MIT and Yale. Atif serves as a city planning commissioner in Hoboken, where he also lives. He is on the boards of The Hudson School and the Haven Adolescent Community Respite Center. Atif received his bachelor’s degrees in architecture and in urban planning from MIT and his MBA from Columbia Business School.