LightBox True Owner™

Overview

LightBox True Owner™ is a powerful new solution designed to help real estate professionals quickly identify and connect with the most relevant contacts associated with a commercial property ownership.

Whether you are conducting leasing inquiries, lending offers, property management, or preliminary due diligence, LightBox True Owner integrates seamlessly into your workflows to empower smarter decisions in commercial real estate, and ensures you can quickly and effectively establish the connections you need.

The True Owner Advantage

• Find Actionable Contacts

  • Find the right decision-makers faster. Gain access to verified phone numbers and emails for individuals closely linked to a property, including owners, corporate officers, and key decision-makers.

    • Note: True Owner is not intended to provide detailed ownership information about the true legal owner of a property. For example, the corporate structure associated with the legal entity.

• Streamline Deals and Due Diligence

  • Facilitate leasing, lending, acquisitions, and property management by reaching the right people without navigating complex corporate structures.

• Comprehensive and Reliable Data

  • Built from public records and proprietary sources, True Owner provides high-confidence contact details, updated regularly to ensure accuracy.

• Unique Identifiers

  • Link data using LightBox property and person identifiers to navigate property ownership efficiently across records.

• Confidence Scoring

  • Each record includes a confidence level (1 to 5) to indicate reliability, alongside timestamps for the most recent updates.

• Flexible Access Options

  • Available via bulk data add-on and LightBox Vision, making integration with your workflows seamless.

• Regular Updates

  • The ownership records are updated monthly for access via LightBox Vision and each quarter for the bulk data add-on, keeping you updated on any changes in property ownership.

True Owner Data Schema

The True Owner data will be updated on a quarterly basis following the release of SmartFabric, and the monthly deltas will be incorporated based on the assessment ownership changes in arrears. The final delivery will be a single table per state associated with the property.

In addition, the bulk product will include a single table per state containing the AssessmentLIDs of properties that were identified as commercial but did not have the contact information due to one of the following two reasons: the contact data are not currently available, or the property is wholly owned by a government entity.

Note:

To get a comprehensive list of True Owner fields, contact your LightBox account manager.

Key Data Fields

• ASSESSMENT_LID

  • This is a unique LightBox ID for the property assessment record. PrimaryKey1 for joining with Assessment table in SmartFabric.

• LAST_UPDATE_DATE

  • The latest date the owner information was updated in the assessment records. PrimaryKey2 for joining with Assessment table in SmartFabric.

• PERSON_ID

  • unique key identifying individuals associated with the property.

• OWNER_NAME

  • The name of the identified owner or officer.

• OFFICER_TITLES

  • For properties with corporate ownership, the titles of related officers.

• Contact Information

  • Includes phone numbers, email addresses, and titles of associated persons or businesses.

    Example of Contact Information:

    • Individual Legal Owners: Direct contacts such as phone numbers and emails.

    • Multiple Owners: Contacts for all associated owners in cases of joint ownership.

    • Corporate Officers: Direct contacts for officers of corporations or businesses associated with the property.

    • Business Entities: Business contact information when individual contacts are not available.

• CONFIDENCE

  • Indicates the reliability of each record based on the quality of underlying information (1-low, 5-highest).

• LAST_SEEN

  • Shows when the contact was last verified.

True Owner Use Cases

Various users can leverage True Owner in multiple ways to streamline workflows.

For more detailed examples, check out the Using LightBox True Owner™ page!

• Commercial Real Estate Brokers

  • Can identify property owners for deal sourcing.

• Lenders

  • Can verify borrower property portfolios for underwriting risk.

  • Cross-reference borrower-owned properties to assess loan exposure.

• Government

  • Can leverage property contacts for emergency outreach, infrastructure recovery and damage assessments.

• Telecom

  • Companies can identify parcels available for infrastructure placements.

• Service Providers

  • Can connect with decision-makers for contracts and partnerships.

  • Reach out to commercial property owners for maintenance, security, or renovations.

• Brokers & Investors

  • Can analyze ownership trends and uncover acquisition opportunities.

  • Identify owners of off-market properties and connect with decision-makers.