Justin welcomes Josh Feinberg, the CEO and Co-Founder of Otso. Josh discusses Otso's underwriting and risk management process. Otso uses technology and multi-year bonds to assess the risk of potential tenants for industrial property and helps building owners make informed decisions. Tenants contribute to the process by providing their banking and payment history, which is used to forecast trends and rate risk.

Highlights

• Josh Feinberg's background in commercial real estate – 2:00
• Creating Otso to help landlords efficiently assess the credit worthiness of tenants – 4:20
• Automated engine to track tenants' credit and financial trends – 7:15
• Report of tenant's credit risk – 11:00
• Using AI to help normalize information – 14:30
• Recommendation of lease security and bond option –17:47
• Otso multi-year bond - 19:26
• Underwriting Report fee and 24-hour turnaround – 29:43
• Two fundamental challenges in commercial real estate – 32:20
• A great time to operationalize your assets – 36:14

Episode Resources

Connect with Josh Feinberg

• https://otso.io/
• https://www.linkedin.com/in/feinbergjosh/

Connect with Justin Smith

• https://smithcre.com/
• https://www.lee-associates.com/
• [email protected]
• https://www.linkedin.com/in/justinbsmith