SocioClimate

Where we are doing it

Two entries, and the stage label on each one is accurate.

There are two. No customers, no logos, no case studies, and no revenue to point at — a page that claimed otherwise would be the first thing on this site worth disbelieving. When there is more, it will appear here with the same labels.

Building San Diego, California

Deed-Restricted DB

Deed-restricted affordable for-sale housing — an unobserved asset class sitting inside the most instrumented housing market in the world.

Every parcel around it is priced in public, continuously, by three national portals. These are not. Price is set administratively by a housing agency, and the pricing rule is not published.

The effect shows up in the listings. Across the first six San Diego listings observed, list price equals original price on every one — including units that sat 317 days and 298 days. Zero price reductions, because the price is a formula output rather than an offer. A market where nothing ever gets marked down is not a market with confident sellers. It is a market where the number is not being negotiated.

The stock is not small, and the agency that administers it cannot see it either. The City of San Diego held 23,440 deed-restricted units as of May 2020, roughly 14% of its multifamily rental stock, with roughly 4,200 covenants expiring between 2020 and 2040. Those figures exist only because the City paid a consultant to go and count. The question could not be answered from standing systems.

City of San Diego, commissioned consultant study, as of May 2020

Three layers, built in reverse order of glamour

  1. The rulebook. Program guidelines normalized to machine-readable form. Published in full, with quotes and sources.
  2. The covenant index. Recorded documents, APN-keyed, durable 45 to 55 years. Whether a parcel carries a restriction is the public good; the terms and the expiration date are the product.
  3. The events. Listings, sales, days on market. Worthless without the first two, which is why they are built last.

In staging A residential brokerage

PorchLight OS

Operating software for a residential brokerage.

Transaction, listing, and agent workflow for one brokerage. It runs in staging today and is not yet in front of customers.

It is software before it is anything else. The record it accumulates is a by-product of running the business — the same shape as everything else here — and nothing beyond that is claimed for it yet.

Two doors

Door one

Partner with us

You already generate the raw material. Every day your business produces records that exist nowhere else and that nobody has normalized — the by-product of doing the work. We turn that stream into an asset you own a share of, and we do the part you have no reason to be good at: schema design, normalization across jurisdictions, productization, and finding the buyer.

You keep operating. Nothing about the day job changes.

Tell us what you already record

Door two

Sell us your company

We buy small data and services businesses and hold them. To be plain about what you would be dealing with: SocioClimate is a small operator, not a fund. There is no blind pool behind this, no auction process, no forty-eight-hour letter of intent used as a negotiating device.

You would talk to the person who will still be running the business afterwards.

Start a conversation