Latest news with #LightBox
Yahoo
24-06-2025
- Business
- Yahoo
LightBox Acquires UrbanFootprint, Expanding Market-Leading Location Intelligence with Climate, Infrastructure & Demographic Data
Bringing Next-Generation Modeling and Analytics to the LightBox Platform to Power Smarter Decisions Across the Commercial Real Estate Ecosystem IRVINE, Calif., June 24, 2025 /PRNewswire/ -- LightBox, the trusted platform powering location intelligence for the commercial real estate (CRE), lending, and infrastructure industries, today announced the acquisition of UrbanFootprint, a pioneer in geospatial analytics and scenario-based modeling for infrastructure investment, climate risk, and community resilience. This strategic acquisition expands LightBox's data portfolio with UrbanFootprint's nationally modeled layers including demographics, land use, environmental hazards, infrastructure, and social-equity indicators. This move also adds UrbanFootprint's experienced product, engineering, and customer-success teams, including founder and CEO Joe DiStefano. "Our customers are navigating increasingly complex, high-stakes decisions about where to invest, build, and mitigate risk," said Caroline Stoll, General Manager of Data & Analytics at LightBox. "By integrating UrbanFootprint's powerful data assets and scenario-modeling capabilities, decision-makers can see not only what's on a site today but how climate, demographic, and infrastructure forces may reshape it tomorrow." Over the coming months, LightBox will weave UrbanFootprint's models and data across its platform enhancing site intelligence, underwriting analytics, and property-level benchmarking for customers in real estate, finance, infrastructure, and government. "The acquisition of UrbanFootprint aligns with our long-term vision to build the most comprehensive, connected platform in commercial real estate," said Eric Frank, CEO of LightBox. "UrbanFootprint's technology deepens our ability to deliver forward-looking intelligence across real estate, infrastructure, and finance. As we expand the reach of LightBox Live and LightBox Live Data, we are uniquely positioned to provide insight at the speed of decision-making across markets, asset classes, and geographies." "LightBox's mission to connect commercial real estate through real-time intelligence reflects the vision we built at UrbanFootprint," said Joe DiStefano, CEO of UrbanFootprint. "I'm excited to help carry that vision forward as part of the LightBox platform." LightBox will continue to support UrbanFootprint's utility, finance, and government clients while introducing new opportunities across its expanding platform. About UrbanFootprint UrbanFootprint delivers location intelligence and scenario-modeling solutions for infrastructure investment, resilience planning, and equitable community development. About LightBox At LightBox, we are at the forefront of delivering advanced and precise solutions for commercial real estate intelligence. Our dedication to innovation propels real estate professionals forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and other businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate solutions, visit us at: Media inquiries: media@ View original content to download multimedia: SOURCE LightBoxRE
Yahoo
05-06-2025
- Business
- Yahoo
LightBox CRE Activity Index Dips Amid Tariff Turbulence and Market Uncertainty
IRVINE, Calif., June 5, 2025 /PRNewswire/ -- LightBox, a leading provider of commercial real estate (CRE) data and technology, reported the first decline of 2025 in its CRE Activity Index, which fell slightly to 105.5 in May from 109 in April—a clear sign that early-year momentum is beginning to taper amid rising economic and geopolitical uncertainty. Despite the month-over-month decline, May's Index remains 22% higher than one year ago, underscoring a market that continues to move forward—albeit at a more measured pace. The pullback reflects mounting caution among lenders and investors as the CRE market adjusts to the ripple effects of new tariffs, persistent inflation concerns, and evolving interest rate expectations. "After a fast start to the year, May's Index confirms that the market is starting to tap the brakes," said Manus Clancy, head of Data Strategy at LightBox. "The investment community isn't retreating, but it is recalibrating. Lenders are becoming more selective, and underwriting timelines are stretching out as everyone reassesses risk." The LightBox CRE Activity Index measures national activity across commercial property listings, environmental due diligence, and appraisals—three functions that underpin CRE transactions and serve as a leading indicator of market velocity. The Index is normalized to account for business day variations and seasonality. In May, the three core components of the Index moved in divergent directions: Commercial property listings rose 1% from April and 47% year-over-year, showing continued seller engagement. Phase I environmental site assessments (ESAs), a key signal of lender and buyer due diligence, were flat month-over-month but up 7% from last May. Lender-driven commercial appraisal volume dropped 19% from April and 12% below year-ago levels—marking the most notable sign of cooling deal velocity. "The sharp drop in demand for commercial real estate appraisals signals a clear shift toward lenders taking a more cautious posture," said Dianne Crocker, research director at LightBox. "Appraisal activity closely tracks capital slow, so this pullback is an early indicator of tightening lender sentiment." While environmental due diligence remains steady, and listings continue to rise, the report notes the slowdown in valuations is consistent with broader indicators of a moderating cycle. Inflation signals have been mixed, interest rates remain elevated, and growth forecasts for the second half of 2025 are being revised amid tariff-related uncertainty. "Deals are still closing, but market participants report more drawn-out negotiations, wider bid-ask spreads, and intensified risk assessments," said Clancy. "Investors are pursuing opportunities, especially in high-quality urban assets and distressed scenarios, but the bar for underwriting and capital deployment is getting higher." The May Index also arrives as broader macroeconomic sentiment remains in flux, the report states. The Fed's preferred inflation gauge, the PCE, came in below expectations, easing fears of runaway inflation. However, the commentary highlights that lenders and investors continue to weigh a complex mix of variables—from construction costs and tenant demand to looming CRE loan maturities and global economic pressure. "As the market absorbs the initial shock of tariffs and adjusts to heightened volatility, the next few months will reveal whether this is a brief pause or the beginning of a more sustained slowdown," said Crocker. "June's Index will be critical in determining which way the momentum is headed." Explore the full May CRE Activity Index numbers About LightBox At LightBox, we are at the forefront of delivering advanced and precise solutions for commercial real estate intelligence. Our dedication to innovation propels real estate professionals forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and other businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate solutions, visit us at: Media inquiries: media@ View original content to download multimedia: SOURCE LightBoxRE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
LightBox Closes ERIS Chapter, Unlocks Next Era of Customer Innovation
STAMFORD, Conn., June 3, 2025 /PRNewswire/ -- LightBox, a leading provider of data and technology solutions for the commercial real estate (CRE) industry, today announced the resolution of its longstanding legal dispute with ERIS Information Inc. The litigation, which included claims of copyright infringement and antitrust counterclaims, has been settled amicably. As part of the settlement, ERIS has obtained a license to supply LightBox's copyrighted Sanborn fire insurance maps to the entire real property analysis marketplace. "We're pleased to resolve this matter in a way that affirms the strength of our intellectual property," said Andy Leibman, GM, Due Diligence at LightBox. "Executing a license ensures proper authorization—a fundamental step that supports fair use and respects ownership, especially in a data-driven industry." Driving Innovation in CRE with LightBox Live The resolution underscores LightBox's broader mission: empowering professionals across the CRE lifecycle—from site selection to environmental due diligence, property marketing, valuation, lending, and development—with data and technology that drive smarter decisions. Continuing this mission, LightBox recently launched LightBox Live, a revolutionary platform built for CRE professionals. This release, focused on environmental professionals, provides innovative tools which delivers an all-in-one digital workspace for environmental due diligence, combining real-time access to critical content, intuitive tools, and enhanced workflows. LightBox Live features include: Unified Access to Critical Data: Integrated tax parcels, assessor records, historical aerials, Sanborn maps, and more. Modern, Streamlined Interface: Designed for speed and clarity, with frozen headers, dark mode, annotation tools, and historical map layering. ASTM-Compliant Tools: The new Area of Interest (AOI) feature aligns with ASTM 1527-21, enabling precision and clarity in property research. "LightBox Live reflects our long-standing commitment to innovation," said Eric Frank, CEO. "Our platform empowers professionals with tools that transform how environmental risk is evaluated, accelerating workflows and improving outcomes for the entire industry." About LightBoxAt LightBox, we are at the forefront of delivering advanced and precise solutions for commercial real estate intelligence. Our dedication to innovation propels real estate professionals forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and other businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate solutions, visit us at: inquiries: media@ View original content to download multimedia: SOURCE LightBoxRE Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Associated Press
18-02-2025
- Business
- Associated Press
LightBox Unveils ‘True Owner'--Breaking Down Barriers to Commercial Real Estate Decision-Makers
A new industry standard in verified property ownership data, True Owner enables professionals to connect faster and with greater confidence. IRVINE, Calif., Feb. 18, 2025 /PRNewswire/ -- LightBox, a leader in geospatial intelligence and property data solutions, today announced the launch of True Owner, a new solution that provides verified ownership details, corporate officer information, and direct contact data in one platform. True Owner is designed for professionals in commercial real estate (CRE), finance, insurance, utilities, and other industries that rely on accurate property ownership insights to drive decisions. LightBox True Owner solves the problem of identifying actual decision-makers behind a commercial property. Ownership is frequently registered under LLCs, making it difficult to determine who is responsible for an asset. Even when the company is identified, finding the right person and obtaining accurate contact details can be time-consuming and frustrating. A More Reliable Approach to Ownership Data 'For too long, professionals have relied on incomplete or outdated ownership information, making it difficult to connect with the right people,' said Eric Frank, CEO of LightBox. 'With True Owner, we provide a more complete and reliable view of property ownership, helping our customers make decisions and engage more efficiently.' Unlike existing tools, which often provide incomplete or unverified contact details, True Owner goes deeper, identifying the real individuals behind ownership entities and verifying their contact information. The result? A dramatic reduction in research time, improved outreach success, and faster deal-making. True Owner will be available within LightBox Vision, LightBox data products, and soon in the new LightBox Live platform. By integrating ownership data into these solutions, LightBox makes it easier for professionals to access verified contact details, reduce research time, and improve the success of their outreach efforts. More Than Just a Contact List—A Smarter Way to Navigate Ownership True Owner is more than a database—it's a powerful decision-making tool. By integrating with LightBox's broader property intelligence platform, professionals can: Uncover hidden ownership relationships through cross-referenced datasets Streamline outreach efforts with direct, verified contact details Gain a competitive edge by reducing time spent searching and increasing time spent closing deals With True Owner, LightBox is setting a new industry standard for ownership transparency and actionable real estate intelligence. To learn more about True Owner and how it can transform your CRE workflow, visit or contact us. About LightBox At LightBox, we are at the forefront of delivering geospatial intelligence and property data solutions. Our dedication to innovation propels our customers forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate and geospatial solutions, visit us at:
Yahoo
10-02-2025
- Business
- Yahoo
LightBox Report Uncovers Environmental Risks in Southern California Wildfire Recovery
LightBox Opens Access to Wildfire Response Map to Assist Recovery Efforts IRVINE, Calif., Feb. 10, 2025 /PRNewswire/ -- LightBox, a leader in geospatial intelligence and property data solutions, today released a report highlighting previously undocumented environmental hazards in areas affected by the January Southern California wildfires. In a commitment to assist communities in rebuilding safely, LightBox is offering access to its report 'The Environmental Crisis After Wildfires: Unseen Threats in Recovery' and the accompanying comprehensive Wildfire Response Map. The LightBox report reveals significant environmental concerns within the Palisades and Eaton fire perimeters in the recovery and clean-up effort. Some highlights include: In the Palisades-affected area, LightBox identified more than 10,000 structures impacted, including more than 200 businesses. Approximately 700 properties were flagged for likely contamination from hazardous materials, with 150 of these containing underground storage tanks (USTs). Similarly, in the Eaton-affected area, the LightBox analysts identified more than 9,000 structures that were impacted, including 175 businesses. 600 properties were flagged for likely contamination from hazardous materials, including 75 USTs. The report, authored by Richard W. White, director of Research and Development for LightBox, states that traditional risk models, which rely on historical land use and property records, often fail to capture emerging hazards after wildfires. The report highlights this gap: CA HAZNET, a database that tracks hazardous waste shipments recorded more than 40 asbestos-related waste entries (waste code 151) in a single wildfire-affected neighborhood. "This data changes everything," said Caroline Stoll, general manager of Data and Analytics for LightBox, who is quoted in the report. "If property records indicate no asbestos risk but hazardous waste tracking tells a different story, it can completely alter the cleanup and rebuilding plans and dramatically minimize human health exposure." The LightBox report highlights the need for a more detailed, data-driven approach to address hidden environmental threats when considering rebuilding efforts. In the interest of helping the community rebuild, LightBox has made available its Wildfire Response Map for environmental engineers, public agencies, and the community at no cost. This tool provides real-time environmental risk mapping to prevent rebuilding mistakes that could cost lives and billions of dollars in the future. "With the goal to rebuild safer, not just faster, communities need to stop relying on incomplete data," said LightBox Data Scientist Zach Wade in the report. "Real-time environmental risk mapping helps prevent costly rebuilding mistakes that could endanger lives and result in billions of dollars in future damages." Access the full LightBox report and Wildfire Response Map About LightBox At LightBox, we are at the forefront of delivering geospatial intelligence and property data solutions. Our dedication to innovation propels our customers forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate and geospatial solutions, visit us at: For more information, visit Media Contactmedia@ View original content to download multimedia: SOURCE LightBoxRE Sign in to access your portfolio
