Products

Two products. One foundation. Every stakeholder served.

RealTime is the data foundation — the performance-management platform of record for institutional CRE, in production for over a decade across portfolios totalling tens of billions in AUM. Insights is the live read across it, with Insights AI sitting on top to flag stressed assets and walk the reasoning.

Concatenate RealTime™

The performance-management platform of record for institutional CRE.

RealTime simplifies the complex process of setting budget and underwriting assumptions, comparing them to actual outcomes, and analysing performance gaps. It allows managers to provide detailed narratives to explain missed targets, enables reforecasting of assumptions, and delivers professional, comprehensive reports at both the asset and portfolio level.

Whether your portfolio is five assets or five hundred, RealTime orchestrates and automates CRE performance management from start to finish, across all stakeholders and sources.

RealTime · Portfolio rollup · Q2 2026
NOI YTD
$48.2M
+3.2%
Occupancy
91.4%
−1.1pp
CapEx YTD
$11.6M
+18%
Reports built
14/14
on time

Plan to Actual, every period

Set budget and underwriting assumptions, compare to actual outcomes, analyse the variance — with the audit trail attached to every figure.

Narrative as first-class data

Commentary lives next to the lease, project, or line item it explains. Reforecast assumptions in place. Audit who wrote what, when.

Stakeholder-tailored reporting

Map each owner or investor schema once. Every future period conforms automatically — no manual reconciliation, no parallel spreadsheets.

Direct PMS integration

Daily or monthly pulls of rent rolls, leases, arrears, and capital projects. Data structured and organised before the user opens the app.

Role-based workflow

Route reports through internal approvals before publishing. Every step audited, every change attributed.

Asset & portfolio rollup

Drill from the portfolio dashboard down to the unit-level lease — and back up — without leaving the app.

Insights · Asset dashboard · 925 Bay Street
NOI YTD
$3.1M
−6.2% vs plan
DSCR
1.18x
cov 1.15x
Occupancy
82.0%
anchor dark
LTV
68%
refi Q4'26
Operator commentary: refinance plan
Lender engaged · term sheet expected by Aug
Open
Concatenate Insights

A live read across the same data the operator just published.

Operators publish their forecast, commentary, and plan-to-actual updates from RealTime. Insights surfaces them with the operator’s own voice preserved — no second-source reconciliation, no curated PDF.

  • Portfolio and asset dashboards refreshed every reporting period.
  • Operator commentary on wins, misses, and recovery plans.
  • Financials, leasing, arrears, CapEx, appraisals, and debt in one view.
  • Drill from portfolio rollup down to the unit-level lease.
  • Threaded collaboration on any asset, any section — audit-trailed.
Insights AI

An always-on AI asset manager. Stressed-asset detection, every period.

Insights AI reads every operator’s plan against actuals, flags the patterns that precede distress, and produces a ranked, LP-grade risk read across the entire book. Bring your own model — Claude, ChatGPT, Gemini, or a custom agent — over a secure, read-only data layer.

What it watches for

  • DSCR slipping below covenant headroom across multiple periods.
  • LTV creeping toward refinance pressure with the refi window dated.
  • Sustained arrears growth or rent-relief concentration on a single tenant.
  • Lease expiry clustering with weak renewal probability and weak comps.
  • CapEx variance that’s eating the operating plan, with no recovery commentary.
  • Appraisal trend reversals against the budget assumption.
  • Anchor or major tenant signals — activity drop, dark space, surrender intent.

How it changes the outcome

When a stressed asset is caught in the quarter it starts to drift, the room to act is wide: restructure debt before the covenant trips, renegotiate a lease before the lawyers are in the room, replan CapEx, work the property out.

Caught a quarter later, the options narrow. Caught at year-end, you’re writing it down.

The AI surfaces risk and explains its reasoning. Human decisions, human authority — always. The asset manager and the LP step in early, while there’s still room to act.

Always-on monitoring

Every period, every asset, every operator. The AI compares to the prior period and ranks what needs attention.

Reasoning attached

Every flag comes with the why: which signals fired, over how many periods, with the source figures linked back to the underlying data.

Bring your own LLM

Standard MCP endpoint with OAuth 2.1 + PKCE. Claude, ChatGPT, Gemini, Grok, Cursor, custom agents — anything that speaks MCP.

Architecture & trust

Your data, your tenant, your keys.

Customer-hosted Database

Every environment runs on a customer-hosted database. Concatenate never sees your data at rest.

Customer-controlled keys

Encryption at rest with keys you control. SOC 2-aligned controls. Tokens short-lived, revocable, auditable.

Role-based access

Sections, assets, portfolios gated independently. An LP scoped to one fund sees only that fund.

Standards-based AI

MCP over OAuth 2.1 + PKCE — the same model used by Claude, ChatGPT, and Gemini connectors.

See RealTime and Insights working together.

A 30-minute walkthrough on a sample portfolio: data flows up from the property, narrative attached at the asset, AI flags at the portfolio, LP collaboration at the top.

Book a demo