Mark Paniccia, Managing Member

Company Profile

Founded in 2013, Sigma Development now operates coast-to-coast, creating move-in ready housing for owner occupants and landlords. 

Mark Paniccia is the founder and Managing Member of Sigma Development. He previously managed the REO Department at SunTrust Mortgage. Mark began his career in portfolio management as a Real Estate Specialist for Merrill Lynch and later as Director of Real Estate Services in Prudential’s Diversified Services Group. Mark spent most of the 2000’s with GMAC ResCap on the commercial side, managing a $2+ billion portfolio of structured leases and lot options for large homebuilders. He is a graduate of the University of Connecticut with a BA in Political Science, a member of the Mortgage Bankers Association and serves as President of the REO Managers Association (REOMAC).

Sigma Development LLC