Being involved in a large-scale construction project can be incredibly exciting and has the potential to translate into major profits for all parties involved. However, it is essential that you closely monitor and oversee the project in order to prot...
Whether you are a member of your Homeowners Association’s board or are a property management professional tasked with revenue management, you know just how challenging it can be to manage a healthy and future looking reserve fund. Fortunately, an HOA...
A developer’s or owner’s construction budget should include an ample hard cost construction contingency. Accounting for hard costs is obvious to sophisticated owners, but the more difficult question is: “How much is enough?” To answer this questio...
September 24, 2021
Industry News
Construction loan monitoring, whether it be for renovations or new developments, is inherently risky. Banks, lenders, and investors want to ensure the proper handling and spending of their money. Developers are hoping for a seamless project from star...