Bernardo Tavares Vaz
- · Engenheiro Civil
- · Economista
- · Especialista em Investimentos ANBIMA
- · 5x MBA — área Financeira
- · CA600 ABECIP
SIG Target is the feasibility, capital-structuring and performance platform used by developers, CFOs and investors to decide on land, lay out funding, and govern construction with the same level of rigor demanded by investment committees and banks.
No credit card required to explore. Onboarding with a specialist available on request.
Who it's for
Vertical incorporations and horizontal land developments — from one-off projects to multi-SPE portfolios.
Run a 15-minute feasibility on any plot before committing capital, with regression-based valuation of the asking price.
Capital structuring, WACC optimization, investor reporting and governance over a portfolio of SPEs.
Underwrite opportunities, stress-test assumptions and decompose returns by capital source (equity vs. debt).
Up to 240-month horizon with absorption curve, indexation, OpEx detail, depreciation and terminal value (cap rate, Gordon or hold).
What SIG Target does
Model the entire project — unit mix, sales, costs, timeline — and get investor-grade KPIs in minutes.
Combine equity, mezzanine, construction loans and securitization. Optimize WACC and decompose returns by source.
Track actuals against the plan during construction. Diagnose deviations, reconcile receivables and report to investors.
Core modules
Each module owns one piece of the project lifecycle and shares data with the others. Change an assumption in Sales and Results, Stress Test and the Business Plan update.
Define unit mix, areas, prices and timeline. Built-in market regression (OLS) validates pricing against comparable samples.
Model direct sales, bank financing and barter deals. INCC indexation, Price installments, reinforcements and balloon payments — all per cohort.
Cost centers with S-curve allocation, contingency, sales commission, marketing and overhead — month by month.
Mix Equity, SCPs, SPEs, private investors, bank construction loans, debentures and CRIs. WACC becomes the project hurdle rate (TMA).
NPV, IRR, MIRR (only when cash flow has more than one sign change), discounted payback, ROE, margins and return decomposition by source.
Configurable shocks on price, cost, sales velocity, distract, default, vacancy and exit cap rate. Persisted per project, fed into the Viability Score.
Hybrid DRE: actuals month-to-date plus plan for future months. Physical-financial progress, POC variance and rolling forecast.
Revenue and cost recognition under Percentage-of-Completion (OCPC 01 R1). Derives Income Statement and Balance Sheet, exportable to Excel.
Investor-grade report with Viability Score, KPIs, charts, sensitivity, sources of return and AI-generated deep analysis.
Cross-project business plan: portfolio cash flow, capital needs, consolidated returns and DOCX export for the Investment Committee.
Track real deals per unit: closing date, price, payment terms, partner. Projected receivables curve from actual sales.
Plan vs. actual cash, deviation diagnostics (Sales vs. Costs), receivables reconciliation and cost-center overrun ranking.
Indicators computed
SIG Target is currently calibrated for the Brazilian real estate market: Brazilian Real (BRL), Brazilian tax regimes (RET 4%, Presumed Profit, Real Profit, Individual carnê-leão for rental) and Brazilian indices (INCC, IPCA, CDI). A fully internationalized version is on the roadmap. US-based developers, family offices and funds operating in Brazil or evaluating Brazilian assets can use the platform today.
FAQ
Book a 30-minute call with our specialist and walk through your own scenario.
Bernardo Tavares Vaz