David Stifter has spent more than two decades at the intersection of real estate, technology, and finance. As Managing Director and functional CTO at Digital Bridge (formerly Colony Capital), he led data architecture, process improvement, and finance transformation initiatives across major acquisitions. In 2020, he co-founded PredictAP with a team of B2B SaaS and AI veterans from Blizzard, Apple, and HubSpot. Since then, the company has grown to serve more than 60 real estate firms and raised an $8 million Series A in 2023. David is based in Lincoln, MA.

(02:20) From Colony Capital to founding PredictAP
(05:11) When a $60B firm couldn't pay bills
(07:23) Why invoice coding is harder than it looks
(09:29) CAM pools, triple net leases, and the permutation problem
(13:43) When institutional knowledge walks out the door
(16:38) How to tell a real solution from a pretty demo
(20:48) PredictAP: From inbox to Yardi in 30 seconds
(24:47) Related Group, Cushman & Wakefield, and what 130 clients taught PredictAP
(27:59) Why integration makes or breaks AP automation
(30:17) Build vs. buy: what CFOs & COOs get wrong
(33:51) Sheriff vs. shepherd: how to manage AI adoption internally
(35:50) AP coding, audit risk, and financial misstatement
(38:44) Collaboration superpower: Richard Feynman

🏙️ Learn more:
-Visit PredictAP
-David Stifter on LinkedIn

🏙️ Virtual Events:
-AI & Innovation Forum: Multifamily: on 9/29

-SFR / BTR Forum: on 10/22

🏙️ In-person Events:
-Institutional Investors & PE Forum: in NYC on 9/16
-South Florida Capital & Development Forum: in Miami on 10/15
-Finance Forum: in NYC on 11/3
-All upcoming Commercial Observer events

🏙️ Connect with Tangent:
-Edward Cohen on LinkedIn
-Zach Aarons on LinkedIn
-Tangent on LinkedIn

Jeffrey Havsy is the commercial real estate industry practice lead at Moody's Analytics, where he focuses on combining property fundamentals with economic, credit, climate, and alternative data to help lenders, investors, and operators make better decisions. He has spent his career at the intersection of economics and real estate, including roles at NCREIF and CBRE. Moody's Analytics covers more than 600 million public and private entities worldwide and generated over $7 billion in revenue in 2025. Jeffrey is based in Needham, Massachusetts.

(02:46) From data scarcity to data curation
(03:39) What lenders and investors miss beyond property fundamentals
(05:34) Tenant credit, crime data, and truck traffic as signals
(09:16) Moody's commercial location score explained
(12:52) Cap rates: overrated, underrated, or misused
(15:39) Moody's MCP launch and what it means for CRE decisions
(18:32) Why Moody's stays AI platform-agnostic
(20:44) Where the human stays in the loop
(23:33) Physical risk vs. ESG
(26:11) The hidden risks in industrial real estate
(30:06) How robotics changes what a warehouse is worth
(31:09) The one macro data point CRE ignores: productivity
(33:10) Collaboration superpower: Abraham Lincoln

🏙️ Learn more:
-Visit Moody's Analytics / Moody's CRE
-Jeffrey Havsy on LinkedIn

🏙️ Virtual Events:
-AI & Innovation Forum: Multifamily: on 9/29

-SFR / BTR Forum: on 10/22

🏙️ In-person Events:
-Institutional Investors & PE Forum: in NYC on 9/16
-South Florida Capital & Development Forum: in Miami on 10/15
-Finance Forum: in NYC on 11/3
-All upcoming Commercial Observer events

🏙️ Connect with Tangent:
-Edward Cohen on LinkedIn
-Zach Aarons on LinkedIn
-Tangent on LinkedIn

Jamie Borodin is the founder and CEO of Docuverus, a document verification and fraud detection platform purpose-built for multifamily housing providers. With over 30 years in resident screening, Jamie founded Docuverus in 2017 to address a gap no existing tool was solving: authenticating income documents at the metadata level while simultaneously reading and calculating their contents. Docuverus is one of the only platforms with a direct connection to the Social Security Administration for synthetic identity detection. Jamie is based in southern New Jersey.

(02:16) Why standard screening misses income fraud
(05:03) How fraud evolved from COVID to AI-generated documents
(07:13) What a sophisticated fake pay stub looks like today
(09:09) What bad debt files actually reveal
(13:10) Operators don't know how much bad debt is fraud
(14:12) False security: when your PMS fraud tool isn't enough
(18:27) Why bank account linking isn't fraud detection
(19:11) Fraud hotspots: Houston, Atlanta, and why NYC is different
(24:27) Social Security fraud and synthetic identity detection
(25:36) What a CPN is and how it fabricates a credit file
(27:58) Florida's felony law and the limits of regulation
(29:29) Screening compliance: why the liability falls on the operator
(33:27) Where fraud prevention goes as AI lowers the barrier
(35:42) Collaboration superpower: Albert Einstein

🏙️ Learn more:
-Visit Docuverus
-Jamie Borodin on LinkedIn
-Sales line
-Multifamily Applicant Fraud Trends Report: Q2 2026

🏙️ Virtual Events:
-AI & Innovation Forum: Multifamily: on 9/29

-SFR / BTR Forum: on 10/22

🏙️ In-person Events:
-Institutional Investors & PE Forum: in NYC on 9/16
-South Florida Capital & Development Forum: in Miami on 10/15
-Finance Forum: in NYC on 11/3
-All upcoming Commercial Observer events

🏙️ Connect with Tangent:
-Edward Cohen on LinkedIn
-Zach Aarons on LinkedIn
-Tangent on LinkedIn