The Rabbet Blog

Check out the latest and greatest from the team at Rabbet.

Back to Blog

Category: Construction loans

Youtube x Blue

Slow Payments to Cost the Construction Industry $136B in 2021

General contractors and subcontractors estimate that the cost of floating payments for wages and invoices represents $136 billion in excess cost to the industry, a 36 percent increase from the cost reported in 2020. Findings indicate those costs are passed on to real estate developers and financiers in the form of project delays and higher bids from contractors. 

Rabbet AvidXchange Partnership

Rabbet Customers Can Now Send Invoices Data Directly to AvidXchange

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 systems.

best practices for change orders

9 Best Practices for Managing Change Orders as a Real Estate Developer

When planning the project, you predict uncertainty by including a contingency. The change order is the process of transforming this uncertainty into a certainty.

Rabbet/AvidXchange Announcement

Rabbet Announces Partnership with AvidXchange to Enhance the Invoice Management Process for Real Estate Development Teams

Rabbet, the leading provider of real estate development management software, today announced a partnership with AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market to enhance the invoice management process for real estate development teams.

9 Best Practices for Managing Change Orders as a Real Estate Developer

Project Forecasting

Knowing capital needs on a construction project is critical to ensure proper cash reserves and interest reserves. Rabbet users can forecast what funding sources are going to be drawn during which months on the project then ensure sufficient interest reserves remain available.

Frame

2021 CONSTRUCTION FINANCE TRENDS

The 2021 State of Construction Finance Report dives deep into how processes and perceptions of construction finance have changed as well as what these processes could look like in the future.

Rabbet Lender Document Blog V

Lenders: Be Mindful of the Documentation You’re Requiring

The terms “construction” and “loan” often evoke images of endless paperwork. Combine the two, and that paperwork can amount to a small forest. Significant documentation will always be a part... Read More

Construction Lending

Is Construction Lending Safer than Stabilized Assets?

Last week Rabbet sponsored the Mortgage Banker’s Association’s “Bank CRE Lending Report & CREF Ecosystem Outlook”. During which a panelist from a major US bank purported that construction lending is... Read More

RBJ Center Tower plans by SSG Momark Collaborative

Overcoming Affordable Housing Finance Challenges

As millennials age, baby boomers retire and downsize, and costs-of-living continue to rise, the demand for affordable housing is reaching a fever pitch. But as many developers have discovered, determining... Read More

NY Lien Law

New York Lien Law: How to Simplify Your Construction Finance Tracking

Developing commercial real estate in New York is anything but simple. And if you’re having trouble streamlining your construction finance processes, then you’re not alone. Because the state requires you... Read More