Oct 22, 2026 · 7 min · 8 segments
**Summary** In this short Modern Multifamily conversation, Mike Wolber speaks with Daniel Heller of Thesis Driven about the changing value of real estate data. Daniel explains how Thesis Driven…
Mike WolberHost
It used to just be there was ALN, there was CoStar, and maybe there was smart apartment data.

Do you guys have a wedge in terms of how you think about your data product and platform?
And we sold to a permitting company, which is exactly kind of the data play that you see a lot of companies do today, kind of take unstructured data and structure it.
What we're trying to create is the real top layer and understanding, okay, what firms are active and commercial in the industry and what are the entities below them that actually belong to that specific company.
And hopefully we're one of the companies to help shape that industry a little bit.

It used to just be there was ALN, there was CoStar, and maybe there was smart apartment data.

Do you guys have a wedge in terms of how you think about your data product and platform?
And we sold to a permitting company, which is exactly kind of the data play that you see a lot of companies do today, kind of take unstructured data and structure it.
What we're trying to create is the real top layer and understanding, okay, what firms are active and commercial in the industry and what are the entities below them that actually belong to that specific company.
And hopefully we're one of the companies to help shape that industry a little bit.
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