About Credifi

Commercial real estate is a multi-trillion dollar market. Yet this major segment of the financial industry remains opaque, with data-driven information about the real estate market coming from a variety of different sources instead of being centralized in one place.

We think the commercial real estate industry deserves more.

So we created CrediFi to deliver the most powerful financial data and analytics for CRE professionals and portfolio managers to power smarter investments.

CrediFi is a commercial real estate data provider that leverages 200 billion data points to bring transparency to the financing of balance-sheet and securitized loans backed by commercial properties across the U.S.

CrediFi was founded in 2014 by Battery Ventures and CrediFi CEO Ely Razin, a former entrepreneur and senior executive at Thomson Reuters. To date, CrediFi has raised $23 million from investors including Battery Ventures, Viola Ventures (formerly know as Carmel Ventures), OurCrowd, Stax, Liberty Interactive’s Liberty Israel Venture Fund and 31 VENTURES Global Innovation Fund, a CVC fund managed by Global Brain for Tokyo-based real estate developer Mitsui Fudosan.

CrediFi is regularly featured in the Wall Street Journal, Financial Times, Bloomberg and Forbes as well as CRE industry publications such as The Real Deal and Commercial Observer.


  • Almog Avisror Image

    Almog is the Head of CRE Markets and Analytics at CrediFi. He has since had a long career in Commercial Real Estate investment (both debt and equity). At EL-AD Group, a CRE private equity shop, Almog managed acquisition deals and disposition processes for deals valued over $500M. Almog then moved to OPTrust, where he managed the valuation process for the pension fund’s CRE investments including property, real estate funds and CMBS. Later at GE Capital Real Estate he managed and coordinated the valuation process of the entire GE Canada debt platform.  He received his Undergraduate Degree in Finance and International Business from Ryerson University and earned an appraiser designation from the University of British Columbia.

    Almog Avisror
    Head of CRE Markets and Analytics
  • Liat Bar David Image

    Liat brings over nine years of HR experience primarily focused on the high-tech industry.  Prior to CrediFi, Liat served as HR Business Partner at Broadcom where she was responsible for developing and implementing employee on-boarding, training and development, performance management, employee retention, benefits, and policies.  Liat holds a B.A in Communication & Human Services and a Master degree in Human Resources and Services, from University of Haifa.

    Liat Bar David
    Head of Human Resources
  • David Fajgman Image

    David brings over 14 years of financial and managerial experience to CrediFi. Prior to joining the CrediFi team, he served as Finance Director of Bioness Neuromodulation Ltd., bearing responsibility for the company’s financial functions. He also worked for several years at Thomson-Reuters across multiple finance departments. Prior to Thomson-Reuters, David worked at Ernst & Young as an accounting and consulting manager for a wide portfolio of NASDAQ listed clients to privately held Hi-Tech companies. He received his B.A. in Business and Accounting from the Business Management College of Israel. David is a Certified Public Accountant (Israel).


    David Fajgman
    Finance Director
  • Ainat Koller Image

    Ainat came to CrediFi from New York where she worked at Moody’s Investor Services. With over a decade of experience in credit risk assessment and armed with a deep understanding of capital markets before, during, and after the financial crisis, Ainat brings a wealth of experience serving as Head of Product. She holds a BSc in Computer Science and Mathematics from Bar Ilan University and an Honors MBA from Ben Gurion University of the Negev.  Ainat is a seasoned traveler striving to visit each continent.

    Ainat Koller
    Head of Product
  • Frank Muhlon Image

    As Head of Transactions, Frank oversees CredifX, the data driven CRE financial marketplace.  Prior to joining CrediFi, Frank served as Vice President of Northeast Region Business Operations for Ten-X, the online commercial real estate property trading platform that has closed over $40 billion in transactions since its inception.  Prior to Ten-X, Frank held key positions Orix USA/Houlihan Lokey, Silverstein Properties, and Trammell Crow Company.  Frank received his M.S. in Real Estate Finance from New York University and his B.S. in Finance from Rutgers University.  He resides in northern New Jersey with his wife, three children and dog Indy.  In his spare time, Frank struggles to write a professional biography ending in humanizing personal anecdotes.

    Frank Muhlon
    Head of Transactions
  • Charles Mctiernan Image

    As Head of Sales, Charles is responsible for revenue growth.  Prior to joining CrediFi, Charles was the Global Head of Sales at Ned Davis Research Group and Roubini Global Economics.  He also spent more than 10 years at Reuters America Holdings, where he held a number of senior sales leadership roles including Head of Solutions Sales and Head of Global Accounts. Charles brings more than twenty-five years of experience in technology, data and research sales.  Charles received hi B.A. in Economics at East Carolina University.

    Charles Mctiernan
    Head of Sales
  • Ely Razin Image

    Ely is a rare combination of seasoned corporate executive and technology entrepreneur.  Previously, Ely served as Head of Board Governance for Thomson Reuters Accelus, globally. The business focused on the needs of Boards of Directors and broader Senior Executive teams of Global 500 companies, across key global financial centers. In this role, he met frequently with top Board Members and Corporate Executives for some of the largest companies in the world.
    Earlier, Ely served as Head of Business Law for Thomson Reuters. In this role, his remit was broad, covering Major Transactions, Industry Regulation and Disclosure – along with related Corporate Governance issues. He was also a frequent guest on Reuters TV, reviewing trends of interest to the corporate and financial markets.
    Prior to Thomson Reuters, Ely founded and served as CEO of Expert Ease Software, a joint US/Israel business that was acquired by Thomson Reuters in 2004. Expert Ease developed AI-based software that automatically summarized key deal terms for everything from Capital Markets to M&A to Real Estate transactions. Its customers included corporate General Counsel and leading Law Firms.
    A lawyer by training, Ely began his career as a corporate and securities lawyer and worked on a broad range of transactions.
    Ely received his LL.B. from Osgoode Hall Law School of York University, his M.B.A from the Schulich School of Business of York University and his B.A. from the University of Toronto.
    In his “spare time” Ely enjoys running and swimming.

    Ely Razin
  • We're Hiring

Board of Directors

Motti Lichtenstein

Member, Liberty Israel Venture Fund

Motti is a Member of Liberty Israel Venture Fund, LLC (“Liberty Israel”), a subsidiary of Liberty Interactive Group (NASDAQ: QVCA, QVCB, LVNTA, LVNTB). Liberty Israel invests primarily in Israeli technology start-up companies. Liberty Israel focuses on a broad range of technology applications relevant to the media and telecommunications industry. Recent investments include companies focused on cyber-security, e-commerce, the internet-of-things, satellite and the connected-car.

Rafi Musher

CEO, Stax Inc.

Rafi Musher is the Founder and CEO of Stax Inc., a global strategic consultancy. Rafi leads Stax’s corporate management consulting and private equity engagements and has worked with more than 100 equity sponsors – including LBO, growth equity, venture and distressed – to identify opportunities that create value through organic growth, operational improvements or M&A. In 2011, Rafi founded the Stax Development Corporation (Dev Corp), which is designed to create joint and independent for-profit ventures that achieve sustainable, positive social impact. Rafi is founder and Chairman of Israel & Co., Chairman of the Board at the Bronx Lab School, and a member of the Blue Ribbon Advisory Board of Center4, an accelerator for pioneering technology to support the nonprofit sector. Rafi has a BS in Communications and Advertising from Boston University.

Scott Tobin

General Partner, Battery Ventures

Along with more than 18 years of experience partnering with entrepreneurs to build market-defining companies, Scott brings extensive experience working with exchange marketplaces. He previously invested in companies such as IDI Direct Insurance (TASE: IDIN) and The London International Financial Futures and Options Exchange (LIFFE; acquired by Euronext). Scott’s past investments also include Akamai Technologies (NASDAQ: AKAM), Anobit Technologies (acquired by Apple), @stake (acquired by Symantec), ITA Software (acquired by Google), Kashya (acquired by EMC), MetroPCS (NYSE: PCS), ProfitLogic (acquired by Oracle), and Sabre (NASDAQ: SABR), among others.

Scott was named multiple times to the Forbes Midas List, which ranks top venture capitalists from around the world. He graduated with honors from Brandeis University with a BA in international relations and Islamic and Middle Eastern studies.

Scott enjoys tennis, squash, basketball and spending time with his five boys.

Avi Zeevi

General Partner, Co-Founder, Viola Ventures (Formerly known as Carmel Ventures)

Avi is a Co-founder of the Viola Group, and a Co-founder of Viola Ventures (formerly known as Carmel Ventures). He serves as a General Partner at Viola Ventures and he leads the fund’s FinTech practice. His investment interests include FinTech, Big Data, AI and Software.

Avi has established an extensive ecosystem in the financial industry through his involvement in several FinTech companies including: MINT Systems, Decalog and Actimize, where he served as an active Chairman from 2001 and until it was sold to NICE Systems (NASDAQ: NICE). In addition to CrediFi, Avi currently serves on the Board of Directors of Payoneer, SundaySky, Personetics, TradAir, Evercompliant, Pagaya and ParallelM.

Avi was a lecturer at the Kellogg Recanati International Executive MBA Program for several years, where he taught the “VC: What’s it all about” course. He’s also involved in several educational non-profit organizations; as a Board Member at The Center for Educational Technology (CET) which is dedicated to the advancement of the education system in Israel and in the Jewish world around the globe, a Member of the Board of Governors of the Technion, and was a co-founder of Tzeva, a NGO that operates enrichment centers for underprivileged children.

William F. Zola

Principal, BZ Advisors

Bill has more than 20 years of executive management experience, with an emphasis on business strategy, M&A and corporate development in the business-to-business data and analytics, information services and software industries. He has expertise in a variety of vertical sectors in the information industry, including financial services and real estate.

Bill served as Managing Director for DMG Information Inc., BlackRock and Thomson Financial throughout his career as an executive manager. In Addition, he acted as Associate for Dorace Street Capital, a mezzanine debt fund, and as Vice Prisdent for State Street Bank.

Since 2009, Bill has acted as the Principal of his independent advisory firm BZ Advisors, LLC. In this capacity Bill’s primary activities include servicing on corporate boards, advising B2B data and analytics and information services companies and boards around growth strategies and transactions, and advising private equity, venture capital and hedge/debt funds on portfolio company management and investment ideas/transactions.

In his experience serving on corporate boards, Bill was the chairman of Trepp, LLC., an analytics and technology provider for the CMBS, commercial real estate and banking markets.

In the Press

For Press Inquiries, contact Joseph Katz, at 212-419-8080 Ext. 601

Fund Investors Load Up on Property Debt

Private-equity firm debt funds have financed much of the residential, retail and office redevelopment that has taken place in downtowns around the U.S. as millennials flock to urban centers. In New York, debt-fund loans increased 60% from 2014 to 2016, according to a study by CrediFi, a real-estate data and analysis firm.

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NYC Landlords That Can’t Find Buyers Turn to Borrowing Instead

Some lenders view seeking a loan to take money off the table as a red flag, according to Jeff Nicholson, a senior analyst at CrediFi, a firm that collects and analyzes data on real estate loans. It may signal the borrower is less committed to the project, and makes it easier to walk away from the mortgage if something goes wrong, he said.

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Cubs owners borrow more than $65 million on Wrigley rooftops

The family that owns the Chicago Cubs has taken out a loan of more than $65 million on its 11 rooftop buildings, from a lender the team already knows well. The Ricketts family on May 17 borrowed more than $65 million from Wintrust Bank, according to Cook County property records and commercial real estate data and analytics firm CrediFi.

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Located in New York and Israel, CrediFi is a fast growing start-up that’s redefining the multi-trillion commercial real estate finance market. Having raised $23 million in funding and backed by big name VCs, CrediFi delivers crucial data to global investment institutions helping them invest smarter.  Our team is a passionate group of real estate and finance experts with diverse backgrounds from some of the biggest names in business including GE Capital, Wells Fargo, Moody’s, FICO, Morgan Stanley, Thomson Reuters and a lot more.