Using a platform like Rabbet is an upgrade from managing a commercial real estate portfolio in Excel. But what can…
A construction-to-permanent loan is a specialized financing solution that combines a construction loan with a permanent mortgage into a single…
With the massive jump in young professionals relocating to the Sunbelt region, multifamily housing experienced a favorable growth period to…
Construction management fees are part of any construction project’s budget. Understanding these fees, who charges them, and why they vary…
As live-work-play communities rise in popularity, many developers are navigating the challenges and opportunities of these projects.
A going-in cap rate, also known as a starting cap rate, specifically refers to the cap rate at the time…
Real estate development loans are designed to finance the process of preparing raw land for construction. These loans provide the…
If you have a stake in a property, mastering metrics like NOI can help you maximize your profits and get…
A lien release is a legal document that removes a lien or claim from a property. Here are all the…
Two common construction contracts are cost-plus and guaranteed maximum price. Here’s how to understand the difference between the two.
When determining the pricing for a construction project, project owners need to decide whether they’ll use a time and material…
Construction costs generally fall into two categories: hard costs and soft costs. Here’s what each of them means and why…
Real Estate Project Managers Need These 3 Things to Succeed In busy development firms, real estate project managers often deal…
Everything Real Estate Developers Need to Know About Return on Cost Real estate developers lean heavily on data to make…
Yield on cost is a crucial metric in real estate development that helps developers assess the potential profitability of their…
What is a Lien Waiver? A lien waiver in the construction industry is a legal document that’s exchanged between parties…
In 2024, the U.S. construction industry reached a new milestone: $280 billion in costs directly tied to slow payments. This…
Understanding and accounting for the tax laws for a real estate development project is critical. This guide gives an overview…
In real estate development, managing project finances efficiently is critical—whether it’s a $10 million or a $100 million project. However,…
What is a Lien Waiver? A lien waiver in the construction industry is a legal document that’s exchanged between parties…
Overcoming Affordable Housing Financing Challenges Across the United States, there is a need for 7 million more affordable housing units…
Retainage is the withholding of a portion of the funds that are due to a contractor or subcontractor.
Everything you need to know about draw requests in real estate development.
The benefits of automation for property developers extend far beyond saving time. Improving the accuracy of your draws and successfully…
Every year, Rabbet releases our Construction Payments Report which shares insights into the growing costs from slow payments in the…
With the ability to effectively centralize and compare the budget, contracts and costs, a developer can prevent future issues on…
In this series, we delve into the compelling reasons why meticulous budget tracking is the cornerstone of prosperous real estate…
How data empowers commercial real estate developers to make better decisions and ultimately save money in various ways.
If you don’t have time to go through the entire of Rabbet’s 2023 State of Construction Finance Report yet, but you’re…
Using spreadsheets instead of leveraging construction finance technology can cost real estate developers money and add risk to their projects.…
Commercial real estate development projects can be complex and involve many stakeholders and processes, which can lead to risk, delays,…
Rabbet, the leading provider of construction finance software announced today that it has partnered with Berkadia, the top FHA construction…
2022 Construction Payments Report Rabbet – the leading provider of construction finance software for commercial real estate developers, development service…
Timely payments to general contractors and subcontractors reduce project risk, added costs, and delays. Rabbet’s 2022 Construction Payments Report dives…
Real estate development involves the careful management of many different business processes. From initial development needs like land assessment, permits,…
Managing real estate development is a tricky task with a high risk of failure. You must be on top of…
Even the best-laid plans can change. During construction projects, project managers and their organizations must stay ahead of all alterations…
Searching for Commercial Real Estate Software in Dallas? Innovative commercial real estate software allows you to remain adaptable while propelling…
Real estate and construction are complex industries. However, the truth is large projects in these industries they can be made…
Searching for the best loan servicing software in NYC? Rabbet is an all-in-one AI driven software platform that helps construction…
People will always need buildings and thus we will always need construction project management. From new buildings in major cities…
Why is Rabbet building integrations with every major accounting software? Development management and accounting are distinct and important activities for…
Knowing capital needs on a construction project is critical to ensure proper cash reserves and interest reserves. Rabbet users can…
Know Your Real Estate Development Projects, Under One Platform with Rabbet Real estate development is difficult and there is a…
Construction projects are some of the most complex in the world. They also have among the highest risk in lending…
To finance slow payments, the estimated overhead included in subcontractors’ bids is 2.75% and 5.81% for general contractors. This year’s…
Rabbet customers who add the Send to AvidXchange feature can now easily send coded invoices directly to AvidXchange for invoice processing, payment, and posting to accounting…
When planning the project, you predict uncertainty by including a contingency. The change order is the process of transforming this…
Rabbet, the leading provider of real estate development management software, today announced a partnership with AvidXchange, the leading provider of…
Knowing capital needs on a construction project is critical to ensure proper cash reserves and interest reserves. Rabbet users can…
Rabbet’s 2021 State of Construction Finance Report revealed that most lenders and developers are using spreadsheets to carry out major…
Imagine how much time you could save by eliminating back-and-forth document transfers. Picture a world where you don’t have to…
It’s happened to you. It’s happened to your friend. It will probably happen to you again. You get sent something…
Let’s face it, tracking funding sources and their disbursement restrictions across line-items can be cumbersome. You have to remember which…
You may find that every time a new draw request comes in you spend considerable time checking the previous draw…
Ahh, good ol’ pay apps. After manually comparing the G702 and G703 there’s a good chance the figures don’t match…
To increase loan servicing quality and mitigate risk, it’s important to ensure individual line items satisfy loan covenants, don’t overdraw,…
Many lenders rely on analysts and excel reports to get updates on project status. While that solution works for some…
Imagine this scenario: You’re almost there. You’ve reconciled ‘amount requested’, compared documents, triple-checked line items, and made sure all lien…
Reviewing and reconciling lien waivers is another step you can streamline. If your current process requires team members to manually…
First and foremost you need to centralize and connect your project finances. But hold on, before you start copying everything…
It’s happened to you. It’s happened to your friend. It will probably happen to you again. You find inconsistencies, a…
When it comes to addressing problems, it’s easier if you know about them earlier. The sooner you know about it,…
Your team needs a way to track vendors across projects and instantly gain visibility into exposure. Similarly, the reporting solution…
How efficiently you communicate with colleagues, lenders, equity partners and service providers impacts productivity significantly. Three key areas to examine…
Imagine how much time you could save by eliminating back-and-forth document transfers. Instead, equip your team with an intelligent document…
Ahh, good ol’ pay apps. After manually comparing the G702 and G703 there’s a good chance the figures don’t match…
Mistakes happen, but that’s no consolation to the lender who dispersed the incorrect funds, the developer who accidentally approved a…
The business of lending is built on one part trust, one part faith and a whole lot of underwriting. Lenders…
Small business owners have a variety of options to choose from when they’re looking for additional funds. This can be…
It’s every business’ goal to do things quicker, easier, cheaper. Construction finance is no different, especially as developers face increased…
Change orders are often viewed as a necessary evil when it comes to successfully developing a project. That’s because it…
Last week Rabbet sponsored the Mortgage Banker’s Association’s “Bank CRE Lending Report & CREF Ecosystem Outlook”. During which a panelist…
Construction Loan Administration has an abundance of data. In recent years, the ability to quickly structure that vast amount of…
Our relationship with money has changed. As cash has become disassociated with the tangible asset in your wallet, we’ve increasingly…
While researching the impact of slow payments for our 2019 Construction Payments Report, we uncovered an unsettling statistic about mental…
Developing commercial real estate in New York is anything but simple. And if you’re having trouble streamlining your construction finance…
Today we introduce Rabbet. As our technology, customer base, and team evolved, it became increasingly clear that we outgrew the…
Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent…
Every loan-funded construction project will require a number of periodic onsite inspections. As the lending institution provides the funds for…
Complicated and multi-faceted endeavors with a large number of involved parties, construction projects encompass a broad range of potentially risky…
Construction projects are complicated endeavors with numerous participants and processes. This is why it is nearly impossible to predict the…
Construction projects and loans obtained to finance them contain a number of articles that may seem trivial at first but…
Choosing a loan for your construction project is one of the most important decisions you will make. It is a…
There are numerous factors that make up the price of a condo: size, location, quality of construction, interior works and…
One of the main problems we’ve encountered in our work is the general lack of familiarity and understanding of basic…
Land development loans provide financing for the purchase of raw land, as well as its development for future construction or…
Residential construction is the development of real estate for living whereas commercial building is intended for commerce. Traditionally, community banks…
While there is a variety of construction loans on offer, the process of underwriting a construction loan is essentially the…
An essential part of managing construction loan risk is to align invoiced work with the project timeline and budget. The…
A third-party construction draw inspection happens when the inspector, often hired by the lender, reviews the progress of a construction…
What is a construction loan? That’s a beefy question with lots of variables. In this post, we’ll provide a big…
At the CRETech Conference last week, Brad Griewe of Fifth Wall Ventures and Josh Stein of Harbor discussed the three…
Following the financial and banking crisis from 2008 to 2013, almost 500 banks failed. The cost to the FDIC fund…
There are a variety of types of construction loans on the market today. The Urban Land Institute’s (ULI’s) three-year economic…
There’s a four-letter word we hate to hear in the construction loan monitoring. The word is RISK and, like an…
The phone rings. It’s your accountant telling you that your bank overpaid a construction draw by almost $50,000 and the…
In this example, Heritage Bank of America is a commercial construction lender with a $500M portfolio. They manage dozens of…
We recently attended the American Banker-hosted webcast Addressing Market Needs for Business Process Automation. The panel discussion revolved around research…
Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent…
Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent…
The Fed typically reports about half of the actual lending commitments. So, with U.S. commercial real estate and land development…
In a perfect real estate development world, construction contractors do a stellar job, their draw request is approved, and lenders…
One of the hottest technologies is machine learning in banking. Many of us experience the outcomes of machine learning every…
Modern technology aims to simplify all processes and aspects of human existence. And the tasks associated with managing the construction…
Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent…
Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent…
Although post-closing management of construction loans is an area ripe for game-changing process improvement, it has been largely underserved by…
