Construction Loan Monitoring
• Construction Loan Monitoring services consist primarily of an initial Document and Cost Review, monthly site inspections and reporting, and a final closeout report; all with emphasis on project cost, time, quality and conformance of complete work.
Property Capital Needs Assessment, Condition Assessment, Physical Needs Assessment
• We have experience completing assessment reports meeting ASTM E2018-15, Freddie Mac, Fannie Mae, HUD, and multiple State Agency reporting requirements.
• Property inspections are completed to document existing conditions, immediate physical needs, physical needs over the term, adverse property conditions, deferred maintenance items and life safety and accessibility issues.
• We offer HUD Rental Assistance Demonstration (RAD) Physical Condition Assessments inclusive of energy audits, utility consumption baseline analysis, and CAN e-Tool input.
Completion Guarantees
• We provide a guaranty for completion of projects with hard costs not exceeding $5 million.
• This service allows lender and their clients an alternative to bonding.
SBA Loan Funds Control
• Completion of document and cost reviews, monthly monitoring reports inclusive of documentation requirements defined by SBA SOP 50 10 5 (1), and disbursement of funds.
Owner’s Representation
• Facilitation of project development from conception through design, construction and closeout.