Upgrading Commercial Real Estate Banking - Shayne Skaff, Co-founder & CEO of Blooma

In this episode of the Operate Podcast, we delve into the use of AI & Machine Learning within the commercial real estate lending industry. My guest is Shayne Skaff, co-founder and CEO of Blooma, a SaaS company revolutionizing commercial real estate lending and portfolio management.

Our discussion outlines Shane's entrepreneurial journey, the origins of Blooma, and the challenges and opportunities within the commercial real estate market. Shane shares insights into the impact of technology on underwriting and portfolio management, the adaptability of the workforce to technological advancements, and the significance of community banks to the economy. The conversation also touches on the future of machine learning and AI in banking, the importance of data quality, and the vision for Blooma to facilitate lender and borrower connections and streamline the syndication process within commercial real estate.

Thanks to show sponsor, BankTech Ventures.

CHAPTER MARKERS:
00:00 Preview
00:33 Intro
00:46 Sponsor
01:16 Meet Shayne Skaff: Co-Founder & CEO of Blooma
02:26 Navigating the Complex Landscape of Commercial Real Estate Loans
07:16 The Evolution of Blooma: From Idea to Industry Innovation
10:08 Bridging the Gap: Technology Adoption Across Generations
17:55 The Future of Commercial Real Estate: A Vision for Innovation
20:18 Harnessing AI and ML: The Backbone of Blooma's Technology
25:40 The Challenge of Data Management in Banking
27:42 The Entrepreneurial Journey: Insights from Shane Scaff
38:47 Mentorship and Continuous Learning: A Founder's Perspective
43:53 Looking Ahead: Family, Business, and the Future