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Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent construction finance platform. The content of this post has been... Read More
With real estate market trends indicating a steady growth for the near future, interest in construction loans is bound to remain steady as well. This type of loan is given... Read More
An essential part of managing construction loan risk is to align invoiced work with the project timeline and budget. The work should also be performed to meet building code and... Read More
A third-party construction draw inspection happens when the inspector, often hired by the lender, reviews the progress of a construction project. The primary objective of these inspections is to ensure... Read More
What is a construction loan? That’s a beefy question with lots of variables. In this post, we’ll provide a big picture view of construction lending based on the questions we... Read More
Following the financial and banking crisis from 2008 to 2013, almost 500 banks failed. The cost to the FDIC fund came in around $73 billion including $12 billion from the... Read More
The Urban Land Institute's (ULI's) three-year economic forecast indicates that the U.S. commercial real estate market can expect continued growth through 2019. This outlook means construction lenders and construction loan... Read More
There’s a four-letter word we hate to hear in the construction lending space. The word is RISK and, like an evil force that encourages unintentional oversight, it threatens progress and... Read More
Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent construction finance platform. The content of this post has been... Read More
In this example, a bank, let’s call them First Federal, is a commercial construction lender with a $500M portfolio. They manage dozens of loans and the deluge of administrative tasks... Read More
