INTANGIBLE ASSETS GROUP
Confidential
Deal Pipeline
To-Do
Next upQueued

The one data buy — Reonomy (decision made)

Free trial this week — validate on known ground truthrun Swire / Rockefeller / Mitsui AND a discovery query (high-value + foreign-owner signals) · measure what Zephira never found
Reonomy Monthly — $500/mo + $75 per extra 1k exports, cancel-anytimesales & deed history · mortgages · tax values · LLC-unmasked ownership · likelihood-to-sell — replaces Regrid + ATTOM in one platform
Annual (−30%) once validated → Bulk CSV feeds at scaleweekly scheduled CSV drops slot straight into the existing pipeline · full API only if on-demand lookups ever needed
Dropped: Regrid · ATTOM  |  Deferred: CoStar · Trepp  |  Watch: Sayarisourcing needs a ranking-grade FMV proxy, not appraisal-grade — underwrite the shortlist surgically instead

Table rules — admission & provenance (locked)

A lead exists only if: C-corp confirmed in the chain (title OR LLC member/JV) → asset resolved → acquired pre-2015 → all fields populatedPurchase Date · Length Held · Purchase Price · Ownership · Tax Basis · Est. FMV · Built-in Gain · Deal Score
Vintage filter: acquired before Jan 1, 2015PATH Act screen — pre-FIRPTA-reform acquisitions are disproportionately stuck in old-regime C-corp blockers with 11+ yrs embedded gain
Provenance tags: record-sourced = clean · AI-researched = "AI ESTIMATE" beneath the figureAI Dossier (Opus/Fable + search) fills gaps with citation + confidence · derived fields inherit the weakest input's tag · basis effectively always tagged
Backstage "developing" view for incomplete-but-qualified leadsdefault table = complete rows only · toggle pending Adam's call — built as a setting, not a rebuild

Discovery — two funnels, run in parallel (Phase 1)

Encode the Zephira playbook into the Claude Code repothe hard-won query contract (filters, nomenclature paths, consolidated_accounts, Gulf backward-path) — then re-harvest at breadth
EDGAR Ex-21 sweep — every foreign SEC filer (free)subsidiary schedules → Claude-extracted U.S. subs → expanded parent universe feeding the Zephira walks
Foreign-mailing-address scans on free county tax rollsFL NAL in hand (933k parcels) — owner mail address abroad = direct foreign-ownership tell, zero cost
Convergence ranking — both funnels agree → top of the listthe quality filter: corroborated leads first, few & good over many & thin
Phase 2: non-parcel hard assetsequipment & fleets (FAA registry / UCC-1) · concessions (EMMA / muni disclosures) — architecture accommodates from day one

Countries still to bring in

Gulf sovereigns — Qatar, Saudi Arabia, UAE, KuwaitQIA, PIF, ADIA, Mubadala, KIA — major US hard-asset holders
Asia — China, South Korea, Hong Kongbeyond the current Japan / Singapore base
Europe — Netherlands, Norway (sovereign fund), Spain, Italyextend past Germany / France / Switzerland / UK
Canada & Australia — pension & super fundsCPPIB, CDPQ, AustralianSuper hold large US real assets

Operations

Host the tool with password protectionlive on Cloudflare Pages behind a shared-password gate · done
Corporate card on Claude API + auto-reload ondone · Claude Code can bill without stalling mid-run
Deepen the Zephira harvest — broader parents, deeper treesGulf & deep-Japanese pulls · maximize coverage & precision
Data-strategy scoping — sequence the paid feedsRegrid/ATTOM first, CoStar/Orbis when they justify the spend
Tool Schema
LivePhase 1 · in motionPhase 2
Parent & entityAsset classPurchase dateLength held Purchase priceOwnershipTax basisEst. FMV Built-in gainDeal score