Can we streamline quarterly LP reporting?

Yes. Asset managers add commentary, reviewers mark each property reviewed, and the package publishes once everything is approved, with an audit trail of changes written back to the warehouse.

Can valuation models recalculate as we change assumptions?

Yes. Inputs like rent growth, vacancy, and exit cap drive the model live, and analysts save scenarios to compare.

How do we reconcile project budgets to actuals?

Join project plans with ERP and HR data once it lands in your warehouse, and budget-to-actual stays current by project and cost code.

Can finance and operations plan in the same app?

Yes. Finance and operations enter budgets, forecasts, and adjustments in input tables on live data. Entries write back to the warehouse and are recorded in the audit log.

Can we define occupancy once and use it everywhere?

Yes. Define the metric once in a Sigma data model, and the workbooks and embedded client views built on that model use the same calculation.

Can we require approval before an agent changes data?

Yes. An agent’s action can require sign-off before it changes any data. For example, an agent can draft a forecast update for a project trending below target margin, and the project executive selects Approve or Skip before it’s written back. Agent actions are recorded in the audit log. Sigma agents are in beta.

Can we embed analytics in our PropTech product?

Yes. Embed white-labeled Sigma workbooks and Sigma Assistant in your platform, with each client’s data isolated by Sigma Tenants.

Can brokers and investors see their reports without another login?

Yes. Embed Sigma in the portal they already use. They sign in through your product, and Sigma Tenants and row-level security show each one only their own data.

Sigma for real estate and construction teams

Embed analytics in your product with each client isolated, and track project cost and margin, with changes approved and logged.

Book a demo Start a free trial

Analytics inside your product
Each client sees only its own data, kept separate by Sigma Tenants.
Changes on the record
Change requests, forecasts, and adjustments are approved in the app and logged.
Projects that don’t surprise you
Budget, committed, actual, and forecast at completion on live data.

TRTamberlane Residential

Portfolio insights

Tamberlane Residential · 5 properties · 1,100 units · as of Oct 24, 2026

Occupancy

93.5%

0.4 ptsvs Sep

Delinquent, 30+ days

$86,400

$3.1Kvs Sep

Open work orders

121

8vs last week

NOI, trailing 12 mo

$12.70M

1.9%vs Q2

Lease expirationsBy month and property, next 6 months

Alder CourtBirchwood FlatsCedar PointDover SquareElm Terrace

Open work orders by ageBy priority

0–3 days64

4–7 days31

8–14 days17

15+ days9

Emergency 9Urgent 35Routine 77121 open

Properties

Property	Units	Occupancy	Delinquent	Q1 expiring	NOI
Alder Court	240	94.2%	$18,200	34	$2,850K
Birchwood Flats	180	91.7%	$21,900	30	$2,040K
Cedar Point	320	95.0%	$19,600	46	$3,920K
Dover Square	150	94.0%	$8,300	15	$1,610K
Elm Terrace	210	91.4%	$18,400	32	$2,280K
Portfolio	1,100	93.5%	$86,400	157	$12,700K

Delinquency by aging

Alder Court$18,200

Birchwood Flats$21,900

Cedar Point$19,600

Dover Square$8,300

Elm Terrace$18,400

30–60$50,80061–90$22,20090+$13,400

Trusted by real estate and construction teams

Out of Excel

The real numbers live in someone’s Excel file

Project budgets, forecasts, and client reports are rebuilt by hand each cycle, and nobody can see who changed an assumption.

Today	With Sigma
Clients and brokers wait on exports or a separate login	Clients self-serve their own data in your product
Client dashboards wait quarters on the engineering roadmap	Client-facing apps ship without pulling engineers off the product
Budgets and forecasts live in spreadsheets with no audit trail	Finance and operations plan in one app with changes logged
Budget-to-actual reconciled by hand each month	Project budgets joined to actuals automatically
Overruns surface after the margin is gone	Margin and schedule slips flagged on live project data

From the deal to the draw

Live data for owners, operators, builders, and the clients in your product, with decisions recorded.

Clients self-serve

Ship analytics inside your PropTech or ConTech product

Embed self-service dashboards and plain-language questions in your platform, with each client’s data isolated by Sigma Tenants, so customers stop asking for exports.

One tenant per client, with no data leakage
Clients build views and ask questions themselves
Analytics as a paid feature of your product

TRTamberlane Residential

Portfolio insights

Tamberlane Residential · 5 properties · 1,100 units · as of Oct 24, 2026

Occupancy

93.5%

0.4 ptsvs Sep

Delinquent, 30+ days

$86,400

$3.1Kvs Sep

Open work orders

121

8vs last week

NOI, trailing 12 mo

$12.70M

1.9%vs Q2

Lease expirationsBy month and property, next 6 months

Alder CourtBirchwood FlatsCedar PointDover SquareElm Terrace

Open work orders by ageBy priority

0–3 days64

4–7 days31

8–14 days17

15+ days9

Emergency 9Urgent 35Routine 77121 open

Properties

Property	Units	Occupancy	Delinquent	Q1 expiring	NOI
Alder Court	240	94.2%	$18,200	34	$2,850K
Birchwood Flats	180	91.7%	$21,900	30	$2,040K
Cedar Point	320	95.0%	$19,600	46	$3,920K
Dover Square	150	94.0%	$8,300	15	$1,610K
Elm Terrace	210	91.4%	$18,400	32	$2,280K
Portfolio	1,100	93.5%	$86,400	157	$12,700K

Delinquency by aging

Alder Court$18,200

Birchwood Flats$21,900

Cedar Point$19,600

Dover Square$8,300

Elm Terrace$18,400

30–60$50,80061–90$22,20090+$13,400

Margin in view

See budget, actuals, and margin for each project as they land

Join project plans with ERP, HR, and field system actuals, so budget, actuals, and margin stay current by project, cost code, and month.

Plans and actuals joined in the warehouse
Variance by project, cost code, and month
Commentary saved with the numbers

Budget variance app

Project cost report

Construction · cost report through Sep 30

Project cost and margin

New change order

Contract value

$218.6M

6 active projects

Estimate at completion

$199.9M

Committed $161.0M

Projected margin

8.5%

Portfolio, weighted by contract

Projects below 8%

of 6 projects

Portfolio

$K. Margin = (contract − EAC) ÷ contract; under 8% is flagged. Select a project.

Project	Contract	Budget	Committed	Actual to date	EAC	Margin
Harborview Medical Office	49,560	44,050	41,200	29,850	45,490	8.2%
Cedar Ridge Apartments	36,200	32,580	30,100	24,310	32,940	9.0%
Wrenfield Distribution Center	27,900	25,110	22,450	12,700	26,050	6.6%
Riverside K-8 School	31,400	28,260	28,900	27,600	28,480	9.3%
Mill Street Mixed-Use	54,800	49,320	21,400	9,860	49,610	9.5%
Sorrelby Parking Structure	18,700	16,830	16,950	14,220	17,350	7.2%
Portfolio	218,560	196,150	161,000	118,540	199,920	8.5%

Harborview cost codes

Cost code	Budget	Committed	Actual	EAC	Var
03 Concrete	6,510	6,980	6,450	7,490	(980)
05 Structural steel	5,400	5,420	5,100	5,460	(60)
09 Finishes	7,800	5,900	2,300	7,900	(100)
22-23 MEP	12,600	12,450	8,900	12,980	(380)
01 Gen. conditions	6,240	5,350	4,600	6,560	(320)
31 Sitework	3,100	3,000	2,500	3,000	+100
Contingency	2,400	2,100	0	2,100	+300

Change orders

Approve

CO	Project	Amount	Status
CO-017	Harborview	+960	Approved
CO-016	Sorrelby	+60	Pending
CO-015	Wrenfield	+140	Pending
CO-014	Cedar Ridge	+85	Approved

Pending2 · +200

Approved2 · +1,045

Project Controls

Projects below 8% margin

I read cost, commitments and schedule data for every project. I point to drivers; your PMs confirm causes.

Which projects are trending below 8% margin and why?

Projected margin by project(6 rows)Cost code variance, under 8%(21 rows)Schedule milestones vs baseline(18 rows)

3 of 6 projects are trending below 8%: Wrenfield 6.6%, Harborview 7.0% and Sorrelby 7.2%.

Drivers seen in the data, not confirmed causes:

Harborview: concrete subcontract EAC $980K over budget; general conditions +$320K with the schedule 6 weeks behind
Wrenfield: structural steel +$640K and sitework +$300K
Sorrelby: post-tensioning subcontract +$380K and winter protection +$140K

Confirm with each PM before treating these as causes.

Ask anything

AI can make mistakes. Please double-check responses.

Project cost report

Construction · cost report through Sep 30

Project cost and margin

New change order

Contract value

$218.6M

6 active projects

Estimate at completion

$199.9M

Committed $161.0M

Projected margin

8.5%

Portfolio, weighted by contract

Projects below 8%

of 6 projects

Portfolio

$K. Margin = (contract − EAC) ÷ contract; under 8% is flagged. Select a project.

Project	Contract	Budget	Committed	Actual to date	EAC	Margin
Harborview Medical Office	49,560	44,050	41,200	29,850	45,490	8.2%
Cedar Ridge Apartments	36,200	32,580	30,100	24,310	32,940	9.0%
Wrenfield Distribution Center	27,900	25,110	22,450	12,700	26,050	6.6%
Riverside K-8 School	31,400	28,260	28,900	27,600	28,480	9.3%
Mill Street Mixed-Use	54,800	49,320	21,400	9,860	49,610	9.5%
Sorrelby Parking Structure	18,700	16,830	16,950	14,220	17,350	7.2%
Portfolio	218,560	196,150	161,000	118,540	199,920	8.5%

Harborview cost codes

Cost code	Budget	Committed	Actual	EAC	Var
03 Concrete	6,510	6,980	6,450	7,490	(980)
05 Structural steel	5,400	5,420	5,100	5,460	(60)
09 Finishes	7,800	5,900	2,300	7,900	(100)
22-23 MEP	12,600	12,450	8,900	12,980	(380)
01 Gen. conditions	6,240	5,350	4,600	6,560	(320)
31 Sitework	3,100	3,000	2,500	3,000	+100
Contingency	2,400	2,100	0	2,100	+300

Change orders

Approve

CO	Project	Amount	Status
CO-017	Harborview	+960	Approved
CO-016	Sorrelby	+60	Pending
CO-015	Wrenfield	+140	Pending
CO-014	Cedar Ridge	+85	Approved

Pending2 · +200

Approved2 · +1,045

Project Controls

Projects below 8% margin

I read cost, commitments and schedule data for every project. I point to drivers; your PMs confirm causes.

Which projects are trending below 8% margin and why?

Projected margin by project(6 rows)Cost code variance, under 8%(21 rows)Schedule milestones vs baseline(18 rows)

3 of 6 projects are trending below 8%: Wrenfield 6.6%, Harborview 7.0% and Sorrelby 7.2%.

Drivers seen in the data, not confirmed causes:

Harborview: concrete subcontract EAC $980K over budget; general conditions +$320K with the schedule 6 weeks behind
Wrenfield: structural steel +$640K and sitework +$300K
Sorrelby: post-tensioning subcontract +$380K and winter protection +$140K

Confirm with each PM before treating these as causes.

Ask anything

AI can make mistakes. Please double-check responses.

CO-017 approved

+$960K on 03 Concrete. Harborview’s margin is back to 8.2%.

Changes on record

Approve change requests against budget and contingency

Project managers submit change requests in the app. Executives see the effect on budget, contingency, and forecast at completion, and approve them where the numbers are.

Contingency left on each project
Forecast at completion updated on approval
Change requests tracked with approvals

Kingpost

PROPERTIES

Capital projects · FY27

Variance = forecast at completion minus approved budget

All projectsReal estateFacilitiesFleet

Approved budget

$16.41M

5 active projects

Forecast at completion

$16.63M

With contingency left

Portfolio variance

+$215K

2 projects over budget

Contingency left

$315K

Across 5 projects

CRs pending

$236,000 awaiting approval

Spent and committed of budget

Spent $6.38MCommitted $10.79M

Portfolio

Select a project to see its change requests and budget walk

Claim a POClose out

Project	Approved	Committed	Spent	Forecast	Variance	Stage
Distribution Center RetrofitCP-2201	$4,800,000	$4,120,000	$3,350,000	$4,950,000	+$150,000	Execution
Tenant Improvement, Suite 900CP-2187	$1,250,000	$1,180,000	$1,015,000	$1,240,000	-$10,000	Closeout
Fleet Replacement FY27CP-2230	$7,300,000	$2,900,000	$0	$7,300,000	$0	Procurement
Data Center UPS UpgradeCP-2214	$960,000	$955,000	$610,000	$1,075,000	+$115,000	Change request pending
Rooftop LED ProgramCP-2196	$2,100,000	$1,640,000	$1,402,000	$2,060,000	-$40,000	Execution

Change requestsPO claimsSpend curve

Distribution Center Retrofit · PM R. Okonjo · contingency left $45,000

Submit CRApprove

CR	Change	Amount	Contingency	Status
CR-0354	Mezzanine expansion, east bay	$210,000	–	Rejected
CR-0362	Slab repair, bays 4 to 7	$160,000	$40,000	Approved
CR-0409	Dock leveler replacement, doors 12 to 18	$88,000	–	Pending

Budget walk

Distribution Center Retrofit · original budget plus approved changes

Clean inputs

Collect broker and project inputs without spreadsheets

Brokers and project leaders enter deal status, project scores, and notes in governed forms that write to the warehouse, so reporting starts from clean data.

Forms that write to the warehouse
Validation and permissions on each field
A full edit history

Deal Pipeline

Sq ft by stage

339,500 sq ft

40.5K

112.0K

84.0K

62.0K

41.0K

Tour

Proposal

LOI

Lease out

Lease signed

Active deals

Rent is asking $/sq ft/yr, NNN

Property	Tenant	Sq ft	Stage
Eastgate Logistics Ctr	Corwin Freight	84,000	LOI
Pierhaven DC	Alder Cold Chain	112,000	Proposal
Gateway Flex	Summit Outdoor	62,000	Lease out
Riverside Commons	Tessaly Home	22,500	Tour
Northfield Industrial	Pinecrest Parts	18,000	Tour
Mill Creek Park	Tidewell Supply	41,000	Lease signed

Selected deal

Eastgate Logistics Ctr

Corwin Freight

TourLease signed

Stage

Sq ft

84,000

Rent

$8.75

Term

7 yr

Broker

R. Ortiz

Status

Open

Deal updates

Gateway FlexLease outM. Shah
Mill Creek ParkLease signedR. Ortiz

One plan

Plan and forecast with finance and operations in one app

Operations enter occupancy, capex timing, and cost to complete in input tables on live data. Finance sees the rolled-up forecast and approves it, which locks the version.

Forecasts entered by quarter, by property
Edits saved back to your warehouse
Approved versions locked, with who and when

FY27 budget and forecast

FY27 budgetDraft

Operations enter drivers by quarter. Finance reviews the roll-up, then approves and locks the version.

VersionFY27 budget

PropertiesAll properties

FY27 NOI forecast

$14.45M

+3.8%vs FY26

Average occupancy

94.4%

+1.3 ptsvs FY26

FY27 capex

$1.32M

−10.8%vs FY26

Marlowe Yards to complete

$8.90M

−20.5%vs FY26

Operations inputs

Property teams enter occupancy, capex timing, and spend to complete

Edit data

	Property	Driver	Q1	Q2	Q3	Q4	FY27
1	Quarrystone Flats	Occupancy %	95.0%	95.5%	96.0%	96.0%	95.6%
2	Quarrystone Flats	Capex ($K)	120	80	60	40	300
3	Bellhaven Commons	Occupancy %	93.0%	94.0%	94.5%	95.0%	94.1%
4	Bellhaven Commons	Capex ($K)	60	420	90	50	620
5	Linwood Terrace	Occupancy %	88.0%	91.0%	93.0%	94.0%	91.5%
6	Linwood Terrace	Capex ($K)	40	40	40	40	160
7	Copperline Lofts	Occupancy %	96.0%	96.0%	96.5%	96.5%	96.3%
8	Copperline Lofts	Capex ($K)	30	30	150	30	240
9	Marlowe Yards	To complete ($K)	2,500	2,300	2,200	1,900	8,900

Capex by quarter

FY27, all properties ($K)

250570340160

Q1Q2Q3Q4

Finance approval

FP&A reviews the roll-up and locks each version

Approve and lock

Version	Status	Approved by	Date
FY27 budget	Draft	–	–
FY26 Q3 reforecast	Locked	Mara Vencel	Aug 14
FY26 Q2 reforecast	Locked	Owen Tarrant	May 15
FY26 budget	Locked	Owen Tarrant	Dec 11

No extra logins

Give brokers and investors their reports inside the portal they use

Embed Sigma in the platform your brokers and investors already sign in to. Sigma Tenants and row-level security show each one only their own deals or funds.

Reports in your platform, under your brand
Drill from the portfolio to a single deal
Requests sent back to your team from the report

ReportsListing activity Search listings and deals

Listing activity

Corvale Partners · 6 listings · Oct 2 to Nov 12

PeriodLast 6 weeks

Property typeAll types

Tours

+17.1%vs prior 6 weeks

Inquiries

108

+12.5%vs prior 6 weeks

Proposals out

+40.0%vs prior 6 weeks

Avg days on market

60.7

+10.3%vs prior 6 weeks

Your listings

Select a listing for its tours, feedback, and requests

Listing	Asking	Days listed	Tours	Status
410 Winslow Ave	$31.50	96	14	Active
Granary Row, Suite 300	$36.00	41	9	Proposal out
Oakmont Park, Bldg C	$11.25	58	6	Under LOI
1200 Hartwell St	$42.00	23	7	Active
Tamsin Logistics Center	$9.80	112	4	Proposal out
55 Pemberly Ct	$18.50	34	8	Active

Tours by week

All your listings

679899

Oct 2Oct 9Oct 16Oct 23Oct 30Nov 6

Requests to owners

Request	Listing
Signage on Hartwell frontage	1200 Hartwell St
TI allowance to $45/sq ft	410 Winslow Ave
Drone video for marketing	Tamsin Logistics Center

Agents on every project

Agents that watch project margin and wait for your approval

Agents check margin, forecast at completion, and milestones across projects, explain what moved, and draft the update. A project executive approves before anything changes.

1WatchAn agent checks each project’s margin and forecast at completion weekly.
2ExplainIt shows the drivers it sees in the data, such as a subcontract overrun or a schedule slip, for a person to confirm.
3Approve and recordThe change order or forecast update is approved, written back, and kept in the audit trail.

Project cost report

Construction · cost report through Sep 30

Project cost and margin

New change order

Contract value

$217.6M

6 active projects

Estimate at completion

$199.6M

Committed $161.0M

Projected margin

8.3%

Portfolio, weighted by contract

Projects below 8%

of 6 projects

Portfolio

$K. Margin = (contract − EAC) ÷ contract; under 8% is flagged. Select a project.

Project	Contract	Budget	Committed	Actual to date	EAC	Margin
Harborview Medical Office	48,600	43,740	41,200	29,850	45,180	7.0%
Cedar Ridge Apartments	36,200	32,580	30,100	24,310	32,940	9.0%
Wrenfield Distribution Center	27,900	25,110	22,450	12,700	26,050	6.6%
Riverside K-8 School	31,400	28,260	28,900	27,600	28,480	9.3%
Mill Street Mixed-Use	54,800	49,320	21,400	9,860	49,610	9.5%
Sorrelby Parking Structure	18,700	16,830	16,950	14,220	17,350	7.2%
Portfolio	217,600	195,840	161,000	118,540	199,610	8.3%

Cost codes

Select a project in the portfolio

Change orders

Approve

CO	Project	Amount	Status
CO-016	Sorrelby	+60	Pending
CO-015	Wrenfield	+140	Pending
CO-014	Cedar Ridge	+85	Approved

Pending2 · +200

Approved1 · +85

Project Controls

New chat

I read cost, commitments and schedule data for every project. I point to drivers; your PMs confirm causes.

Ask anything

AI can make mistakes. Please double-check responses.

Real estate teams running on Sigma

View all

Hours saved on manual reporting. 100% data isolation with sigma tenants.Built for Builders: Real Estate Reporting That Puts Customers in Control

80% repeat questions answered. 20% one-off questions handled.How Bilt Crafted a Data Dream Stack—Starting with Sigma

300% expansion in reach in 1 year. 80% reduction in manual reporting. 3x growth in states served.How Resident Services Platform Ounce Scaled Social Impact 300% with Sigma

Governed for investors, clients, and teams

Internal teams, investors, and embedded clients each see exactly what they should.

Visit the Trust Center

Client data isolated
Sigma Tenants keep each client’s data, users, and content separate in your product.
Per-user OAuth
Connect with OAuth so queries run with each person’s own warehouse role.
Row- and column-level security
Reads and writes both inherit your table policies.
Audit trail
Audit logs record user activity, AI conversations, and input table edits, so you can see who changed what.
Your data stays put
Sigma queries your warehouse in place and never copies the data out.
Certified
SOC 1, SOC 2, SOC 3, HIPAA, GDPR, CCPA, and ISO 27001.

Real estate and construction FAQs

Can we streamline quarterly LP reporting?
Yes. Asset managers add commentary, reviewers mark each property reviewed, and the package publishes once everything is approved, with an audit trail of changes written back to the warehouse.
Can valuation models recalculate as we change assumptions?
Yes. Inputs like rent growth, vacancy, and exit cap drive the model live, and analysts save scenarios to compare.
How do we reconcile project budgets to actuals?
Join project plans with ERP and HR data once it lands in your warehouse, and budget-to-actual stays current by project and cost code.
Can finance and operations plan in the same app?
Yes. Finance and operations enter budgets, forecasts, and adjustments in input tables on live data. Entries write back to the warehouse and are recorded in the audit log.
Can we define occupancy once and use it everywhere?
Yes. Define the metric once in a Sigma data model, and the workbooks and embedded client views built on that model use the same calculation.
Can we require approval before an agent changes data?
Yes. An agent’s action can require sign-off before it changes any data. For example, an agent can draft a forecast update for a project trending below target margin, and the project executive selects Approve or Skip before it’s written back. Agent actions are recorded in the audit log. Sigma agents are in beta.
Can we embed analytics in our PropTech product?
Yes. Embed white-labeled Sigma workbooks and Sigma Assistant in your platform, with each client’s data isolated by Sigma Tenants.
Can brokers and investors see their reports without another login?
Yes. Embed Sigma in the portal they already use. They sign in through your product, and Sigma Tenants and row-level security show each one only their own data.

Bring the model your analysts rebuild each quarter

We’ll show it running on your warehouse, with live assumptions and an audit trail.

Book a demo Start a free trial

Sigma for real estate and construction teams

Analytics inside your product

Changes on the record

Projects that don’t surprise you

Ship analytics inside your PropTech or ConTech product

See budget, actuals, and margin for each project as they land

Approve change requests against budget and contingency

Collect broker and project inputs without spreadsheets

Plan and forecast with finance and operations in one app

Give brokers and investors their reports inside the portal they use

Agents that watch project margin and wait for your approval

Client data isolated

Per-user OAuth

Row- and column-level security

Audit trail

Your data stays put

Certified

Bring the model your analysts rebuild each quarter