PROBIS
Book a Demo
New York · Backed by JLL

Project Cost Management for U.S. Real Estate

Cost certainty for every draw, every change, and every closeout.

PROBIS gives developers, owners, and financiers a real-time view of every dollar, using AI to identify cost variances from your budget before they add up.

app.prob.is/projects/northwind-yards/reporting

Reporting

Northwind Yards
Northwind Yards
Austin, TX · Mixed Use
$104.5M
Total budget
+1.2%
Variance
Project Health
94%
Cost
71%
Schedule
88%
Cash
Committed by package
$18.4M
Structural work
$4.9M
Facade
$6.2M
TGA
$3.1M
Expansion
$2.1M
Earthwork
$1.9M
Elevators
Budget by element
Element
Budget
Forecast
Structural
$11.4M
$11.4M
Facade
$6.8M
$7.2M
TGA
$7.2M
$7.2M
Expansion
$3.1M
$3.1M
Total
$28.5M
$28.9M
Cash Out
Committed
Forecast
TodayJanMarMayJulSep
Budget
+1.2%BudgetForecastCommit.Paid
mUNICH · Backed by JLL

Financial Management for European Real Estate

Financial Command Center for the real estate industry, from feasibility to profitability.

PROBIS is the cloud-based platform for project controlling and cross-portfolio financial management, from the initial cost estimate to the final handover. AI provides early insight into cost trends and risks across the entire portfolio.

app.prob.is/projects/quartier-valmora/reporting

Reporting

Valmora Quarter
Valmora Quarter
Hamburg · Mixed Use
€104.5M
Total budget
+1.2%
Variance
Project Health
94%
Cost
71%
Schedule
88%
Cash
Committed by package
€18.4M
Structural work
€4.9M
Facade
€6.2M
TGA
€3.1M
Expansion
€2.1M
Earthwork
€1.9M
Elevators
Budget by element
Element
Budget
Forecast
Structural
€11.4M
€11.4M
Facade
€6.8M
€7.2M
TGA
€7.2M
€7.2M
Expansion
€3.1M
€3.1M
Total
€28.5M
€28.9M
Cash Out
Committed
Forecast
TodayJanMarMayJulSep
Budget
+1.2%BudgetForecastCommit.Paid
  • Deutsche Pfandbriefbank
  • Cushman & Wakefield
  • EDGE
  • HypoVereinsbank
  • CBRE

For whom

From the initial calculation to the exit: every number in one place.

For Banks
Control

Approve Every Payout with Confidence

Review each payment request against the budget, work orders, and verified construction progress before funds are disbursed.

app.prob.is/control/draws
Withdrawal Request #07
Exam
Position
Requested
Verified
Structural Work
$1.20M
$1.20M
Facade
$0.90M
$0.74M
TGA
$0.30M
$0.30M
Total
$2.40M
$2.24M
Control

Identify risks before they affect the loan

Budget variances and schedule delays become apparent immediately, not just in the next report.

app.prob.is/control/alerts
Deviation Reports
3 open
High
Construction costs +3.8% compared to budget
Facade Package · Reported Today
Observe
Completion in 4 weeks
Schedule · Reported 2 days ago
Normal
62% of the reserve has been used
Budget · On Track
Calculate

Validate Every Budget

Compare each item with cost data from over 2,000 comparable projects before committing capital.

app.prob.is/calculate/benchmark
Benchmark Testing
$/sq ft
Structural System
$118
Facade
$96
TGA
$74
Expansion
$41
Manage

Covenants and credit reports, available immediately

Monitor covenants based on real-time project data and export lender reports in Excel format, which your team already uses.

app.prob.is/manage/covenants
Covenant Monitor
Q3 2026
Covenant
Border
Current
Loan-to-Cost
≤ 65%
61.8%
Remaining reserve
≥ 25%
38%
Completion
March 31
+4 weeks
Export Credit Report

Identify risks early. Report with a click. Finance with confidence.

How Banks Use PROBIS

For Investors
Portfolio

A Look at Invested Capital

See how much has been drawn down, invested, and is still outstanding, project by project.

app.prob.is/portfolio/deployment
Capital Invested
Live
Lakeside Commons
$22.4 million out of $35 million
Park Tower
$18.0 million out of $30 million
Westgate Inn
$31.2 million out of $40 million
Total
$71.6 million out of $105 million
Control

Evaluate Every Project Based on the Cost Estimate

Compare live forecasts with the approved budget so that a declining margin is noticed before it turns into a loss.

app.prob.is/control/underwriting
Forecast vs. Estimate
Park Tower
Key figure
Calculated
Forecast
Proceeds
$84.6M
$84.0M
Total Cost
$68.9M
$70.1M
Margin
18.6%
16.5%
Control

Identify downside risks before they affect returns

Cost overruns and delays are assessed as soon as they are identified and prioritized across the portfolio.

app.prob.is/control/exposure
Portfolio Risk
Live
$1.8M
Profit at Risk
3 of 14
Projects Under Review
High
Facade: $410K over budget
Park Tower · reported today
Manage

Investor Reports Without Follow-Up Questions

Export quarterly reports directly from live project data without having to merge them manually.

app.prob.is/manage/investor-report
Quarterly Report for Investors
Q3 2026
Portfolio Overview
Ready
Budget vs. Forecast
Ready
Cash flow
Ready
Sales Progress
Ready
Export to Excel

Keep an eye on capital. Spot deviations early. Report with confidence.

How Investors Use PROBIS

For Consultants
Calculate

Find comparable projects in seconds

Search through 20 years of cost history from over 2,000 projects by asset class, size, and region.

app.prob.is/calculate/comparables
Multifamily · 80–150 units · Northeast
Comparative Projects
148 found
Project
Units
$/sq ft
Harbor Point
112
$342
Elm Street Yards
96
$318
North Mill
140
$365
Canal Row
88
$331
Calculate

Detect outliers immediately

See which positions fall outside the expected range and by how much.

app.prob.is/calculate/outliers
Position Check
2 outliers
Cost Group
Plan
vs. margin
Earthwork
$2.1M
As part of
Facade
$6.8M
+22%
Structural System
$11.4M
As part of
Elevators
$1.9M
+31%
TGA
$7.2M
As part of
Control

All clients in a workspace

Track the cost status of all cases without having to maintain a separate spreadsheet for each client.

app.prob.is/control/engagements
Active Mandates
12
Client Project
Budget
Status
Clinic Expansion
$84M
Within budget
Public Transportation Depot
$212M
Exam
Hotel Renovation
$37M
Within budget
Data Center
$156M
Planning
Manage

Providing Advice Based on Supporting Documents

Provide your client with a benchmark-based recommendation rather than an opinion.

app.prob.is/manage/report
Benchmark Report
Ready for clients
20 years
The Cost History Behind Every Number
Comparative Projects Used
148
Flagged Outliers
2
Potential Savings
$1.4M
Export Report

Benchmark faster. Flag outliers. Provide advice based on supporting documentation.

How Consultants Use PROBIS

For Project Developers
Calculate

Choose the most cost-effective option

Model scenarios side by side and benchmark them against over 2,000 projects before you buy the property.

app.prob.is/calculate/variants
Feasibility Options
4 Scenarios
Variant
GDV
Margin
A · Housing
$71.2M
14.2%
B · Mixed-Use
$84.6M
18.6%
C · Residential + Commercial
$78.9M
16.1%
D · Build-to-Rent
$69.4M
12.8%
Contract

All your obligations in one place

Contracts, amendments, and commitments—indexed and searchable.

app.prob.is/contract/packages
Procurement Packages
72% contracted
Structural Work & Core
$18.4M
Award
Facade
$4.9M
Award
TGA
$6.2M
In a call for proposals
Expansion
$3.1M
Draft
Control

Detect cost overruns six weeks earlier

Real-time cost monitoring reports deviations immediately, not just at the time of handover.

app.prob.is/control/forecast
Deviation
Facade: $410K over budget
Detected 6 weeks before the next report
Budget vs. Forecast
Budget
Forecast
Rent & Sell

Track Sales Against the Plan

Every unit, every lease, every sale—with revenue tracked in real time against your budget.

app.prob.is/rent-sell/units
Sales Progress
120 units
$52.1M
of $74.0 million in projected revenue
Building A
38 / 40
Building B
31 / 44
Building C
15 / 36

Find the margin. Secure it. Sell against the plan.

How Project Developers Use PROBIS

For Asset Managers
Portfolio

Sixty Objects, One View

Every property and every asset class in a consolidated, up-to-date portfolio, with occupancy rates at a glance.

app.prob.is/portfolio
Portfolio
60 properties
Object
Type
Utilization
Lakeside Commons
Residential
96%
Market Hall
Retail
91%
Park Tower
Office
78%
Westgate Inn
Hotel
88%
Logistics Hub 3
Logistics
100%
Control

Keep every CAPEX program within budget

Track renovations and upgrades against budgets and work orders, project by project.

app.prob.is/control/capex
CAPEX Programs
FY 2027
Program
Budget
Forecast
Roof Renovation
$1.20M
$1.15M
Lobby Renovation
$0.80M
$0.92M
Ventilation System Upgrade
$2.40M
$2.40M
Facade Repair
$1.50M
$1.58M
Portfolio

Cash flow across the entire portfolio

CAPEX, OPEX, and financing structure over time, from equity to the remaining reserve.

app.prob.is/portfolio/cash-flow
Portfolio Cash Flow
2026–2027
Equity
Senior Loans
Mezzanine
Reserve
Portfolio

Continue working in Excel

Import and export in both directions so that your models remain connected to live data.

rent-roll.xlsx
rent-roll.xlsx
Synchronized with PROBIS
A
B
C
1
Tenant
Unit
Rent
2
Northwind
Suite 400
$48,200
3
Fable Café
Retail 2
$9,600
4
Brightline
Suite 210
$31,750
5
Corso Law
Suite 120
$22,400

One view. Every object. Always up to date.

Here's How Asset Managers Use PROBIS

The Problem

The real estate industry still makes decisions worth billions based on spreadsheets.

A trade is often underestimated. It's small, easy to overlook, and easy to put off.

app.prob.is/control/forecast
Cumulative Cost Variance
Facade package · 12 months
Monthly
Cumulative
Monthly variance
Actual
Forecast
Tolerance: 5%
20%15%10%5%0%TODAY2%8%FORECAST AT HANDOVER+18% · M12M1M4M7M10M12
Facade Budget
$6.8M
Approved
Forecast
$8.0M
At handover
Overrun
+$1.2M
over budget
Variance
18 %

Projects

All industries. All cost structures.

Projects

All industries. All cost structures.

app.prob.is/portfolio
Spreadsheets
ERP exports
Invoices

Single source of truth

One database

Early Risk Detection
Better forecasts
Faster reporting
Portfolio Overview

What's Changing

PROBIS serves as a single source of truth.

Every number in every report comes from the same well-maintained database, so two teams never argue over which spreadsheet is correct.

Early Risk Detection

Discrepancies are acceptable as long as they are merely rounding errors and do not give rise to a dispute over additional payments.

Better Forecasts

Forecasts are updated based on actual contract and invoice data, not through manual updates.

Faster Reporting

Reports for investors and governing bodies are generated from the same real-time data your team uses.

Portfolio Overview

Every project is consolidated into a portfolio overview without the need for manual consolidation.

Client Testimonials

PROBIS Expert provides us with a central interface for all project-specific data exchange within the Fraport AG system. All data formats from the various databases converge in PROBIS, enabling modern project management that meets the requirements of a multi-project environment.
Stephanie Pudwitz
Managing Director
PROBIS provides an unprecedented comprehensive overview of proforma, from acquisition to asset management.
Sean Wright
Investment Principal, JLL Spark Global Ventures
Berlin is a vibrant metropolis whose historic city center, like no other, symbolizes the coming together of a diverse array of people and cultures. To successfully develop projects in such an environment, the history of the location is just as important to us as its future. …Innovative cost management is a key factor for success in this ambitious construction project.
Daniel Havers
Executive Director
The transformation of the two former barracks sites into the vibrant and urban 'York-Quartier' and 'Oxford-Quartier' city districts represents a significant urban development initiative in the expanding city of Münster. ...PROBIS software provides robust support, ensuring our individual requirements are accommodated to the fullest extent possible.
Stephan Aumann
Managing Director
PROBIS has become our central platform where all our projects come together. Today, we can see at a glance where we stand: across projects, in a comparable way, and without having to juggle Excel spreadsheets.
Markus Dieglemann
Managing Partner
Working with PROBIS' construction monitoring tool has significantly strengthened our risk management. Its real-time construction monitoring and standardized reporting tools allow us to proactively identify and mitigate financial risks
Marc Bonner
Director

how it works

A financial life cycle, from start to finish.

PROBIS follows the project in the way your team naturally thinks, not according to the structure of software modules.

how it works

A financial life cycle, from start to finish.

PROBIS follows the project in the way your team naturally thinks, not according to the structure of software modules.

01Feasibility
02Pro forma
03Budgeting
04Contracts
05Costs & Forecast
06Liquidity
07Reporting
Step 01 of 07
Feasibility
Model out the options before purchasing the property.
Calculate Module
Step 02 of 07
Pro forma
Plan costs and revenues; calculate various scenarios.
Calculate Module
Step 03 of 07
Budgeting
Set a budget and benchmark it against over 1,000 projects.
Calculate Module
Step 04 of 07
Contracts
Each package and each addendum is recorded upon signature.
Contract Module
Step 05 of 07
Costs & Forecast
Forecast vs. Actual, live down to the individual position.
Control Module
Step 06 of 07
Liquidity
Liquidity planning based on actual obligations.
Manage Module
Step 07 of 07
Reporting
Each project is consolidated into a report for review by the committees.
Portfolio Module
After the reporting process, the cycle starts over with the next project.

What AI Really Does

AI is currently everywhere in real estate software.

Here's exactly what we do:

Detect deviations earlier

Report a cost shortfall in the month it occurs, not when it is reported.

6 weeks earlier

Forecasting Budget Risks

Recalculate the full cost estimate whenever a change is made.

Forecast

Identifying Project Risks

Identifies schedule and cost risks together before they turn into claims.

Date
+
Costs
Risk

Benchmarking Projects

Compare your budget to over 1,000 similar projects in seconds.

1.000+

Reconcile Invoices

Automatically reconciles incoming invoices with contracts and obligations.

Invoice
Contract

Automate Approvals

Automatically forwards approvals to the appropriate person as soon as a threshold is reached.

Threshold
Approval

Interfaces

We sit above your stack. Never in its place.

PROBIS retrieves data directly from the source. This ensures that the data is always valid and up-to-date, without the need for duplicate data maintenance. Every relevant interface is integrated using modern technology, without requiring you to replace the systems you already use.

Learn more →
Yardi
SAP
Oracle
MRI Software
Sage Intacct
Microsoft Dynamics 365
QuickBooks
Procore
Autodesk Build
Plaid
Swift
Docusign
Box
Power BI
PROBIS

Onboarding

From scattered data to your first live dashboard. No twenty workshops. No lengthy onboarding.

No discovery phase with twenty workshops. No months of onboarding before you see any numbers.
This is the path from scattered data to your first live dashboard.

Phase 1

Structure

Cost structure and chart of accounts will be mapped to your existing system, not ours.

Phase 2

Connect

ERP, banking, and document sources are integrated via existing interfaces.

Phase 3

Calibrate

Historical data is loaded and benchmarked, and forecasts are compared against known results.

Phase 4

Go live

Your team, your investors, and your board all see the same real-time figure.

Build it yourself or buy it

Are you still thinking about developing your own cost management platform? PROBIS has spent twenty years working on this.

Twenty years of experience in project cost management, proven workflows, and benchmarks—versus developing a solution in-house that starts from scratch.

Spreadsheet

Build it yourself.

A
B
C
D
E
F
Steel
412k
438k
6.3%
#REF!
v14
Glazing
208k
211k
1.4%
OK
v14
Steel
412k
438k
6.3%
#REF!
v14
Glazing
208k
211k
1.4%
OK
v14
Steel
412k
438k
6.3%
#REF!
v14
Glazing
208k
211k
1.4%
OK
v14
Steel
412k
438k
6.3%
#REF!
v14
✗ As soon as it's sent, that version is already outdated
✗ No log of who made which changes
✗ Breaks as soon as a formula shifts
✗ Is on a single person's laptop

PROBIS

Buy the Standard.

app.prob.is/control
Cash Performance
Live
$3,320 million
Earnings
25%
IRR
$2,120 millionTotal budgetJanFebMarAprMayJunJulAug
Northwind
Northwind
$104 million
+1% costs
14%
ROI
Valmora
Valmora
$320 million
-12% in costs
18%
ROI
Park Tower
Park Tower
$260 million
-9% in costs
15%
ROI
✓ A number that is updated the moment a change is made
✓ Every change, including the author and timestamp
✓ Designed for over 2,000 projects, not just one
✓ Where your entire team can see it
CriterionSpreadsheetSilo solutionsERP Add-On ModulePROBIS
Time Remaining Until Live OperationNever really “live”Weeks, but only for one taskMonths of Configuration4 Phases, Entire Life Cycle
Portfolio OverviewManual AggregationOnly individual projectsBuilt for accounting, not for costsNative, in real time
AI BenchmarkingDoesn't existRare and isolatedNot a core functionIntegrated across more than 2,000 projects
Audit Compliance"Final_v14_real"Per tool, not splitAccounting level, not cost levelEvery change, every user

Build it yourself or buy it

Are you still thinking about developing your own cost management platform? PROBIS has spent twenty years working on this.

Twenty years of experience in project controlling, proven workflows, and benchmarks—versus a custom-built solution that starts from scratch.

Spreadsheet

Build it yourself.

A
B
C
D
E
F
Steel
412k
438k
6.3%
#REF!
v14
Glazing
208k
211k
1.4%
OK
v14
Glazing
208k
211k
1.4%
OK
v14
Steel
412k
438k
6.3%
#REF!
v14
Glazing
208k
211k
1.4%
OK
v14
Glazing
208k
211k
1.4%
OK
v14
Glazing
208k
211k
1.4%
OK
v14
✗ As soon as it's sent, that version is already outdated
✗ No log of who made which changes
✗ Breaks as soon as a formula shifts
✗ Is on a single person's laptop

PROBIS

Buy the Standard.

app.prob.is/control
Cash Performance
Live
€3.320 million
Earnings
25%
IRR
€2,120,000Total budgetJanFebMarAprMayJunJulAug
Northwind
Northwind
€104 million
+1% costs
14%
ROI
Valmora
Valmora
€320 million
-12% in costs
18%
ROI
Park Tower
Park Tower
€260 million
-9% in costs
15%
ROI
✓ A number that is updated the moment a change is made
✓ Every change, including the author and timestamp
✓ Designed for over 2,000 projects, not just one
✓ Where your entire team can see it
CriterionSpreadsheetSilo solutionsERP Add-On ModulePROBIS
Time Remaining Until Live OperationNever really “live”Weeks, but only for one taskMonths of Configuration4 Phases, Entire Life Cycle
Portfolio OverviewManual AggregationOnly individual projectsBuilt for accounting, not for costsNative, in real time
AI BenchmarkingDoesn't existRare and isolatedNot a core functionIntegrated across more than 2,000 projects
Audit Compliance"Final_v14_real"Per tool, not splitAccounting level, not cost levelEvery change, every user
Structures in accordance with DIN 276 / HOAIManual AssignmentRarely supportedNot built for construction cost classificationsNatively integrated

Security & Compliance

SOC 2-compliant controls. Designed for institutional audits.

Financial data for real estate projects must meet the requirements of lenders, investors, and regulatory authorities. Our risk management framework withstands even the most thorough scrutiny, going far beyond simple checklists.

ISO 27001
✓ Audited annually
✓ ISO 27001 certified
✓ Data storage in the U.S., with EU options for global portfolios
✓ Encryption during storage and transmission

Security & Compliance

ISO 27001 certified. Built for institutional auditing.

Financial data for real estate projects must meet the requirements of lenders, investors, and regulatory authorities. Our risk management framework withstands even the most thorough scrutiny, going far beyond simple checklists.

ISO 27001
✓ Audited annually
✓ GDPR-compliant data processing
✓ Data is stored in the EU by default; other options are available
✓ Encryption during storage and transmission

Prices

An investment in infrastructure, not a software license.

Our pricing is based on your portfolio, not on the number of users. Contact us to discuss a quote tailored to the size of your portfolio.

See what financial management across all your projects can look like.

See what financial management across all your projects can look like.