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While many factors are at play in a mechanic's lien, there are ways to make it easier. Here are some real-life examples of mechanic's liens and ways to streamline the lien process.

Effectively managing real estate development begins with understanding the business processes property managers must undertake. Seasoned developers will tell you that the real estate development timeline is long and complex, with many pitfalls. Let's take a look at how to mitigate some of the most common timeline risks.

The origination of a development loan is a multi-step process that takes into account all actions, from the application submission down to the ultimate disbursal of funds, and requires a detailed investigation into the qualifications and backgrounds of all related parties.

Check out this blog to get definitions of some of the most common construction loan terms.

Construction lending provides developers with essential funding through various loan types to transform raw land into completed buildings, requiring a mix of trust, faith, and thorough underwriting. Lenders who specialize in construction financing typically earn higher margins than traditional lenders due to the increased risks during the construction phase, working alongside developers through project completion until the loan is either repaid through sale, refinancing, or permanent financing.

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. The partnership will enhance the invoice management process for real estate development teams.

Construction loan software modernizes the traditionally time-consuming construction draw process by automating tasks and enabling real-time project monitoring for lenders and borrowers. This solution delivers significant benefits including a reduction in administrative time, improved risk management, and increased interest earnings for lenders.

It happens—invoices get duplicated, funds are overdrawn, or budgets go bust. In this real-life example, we examine how issues like these are possible even with the most detail-oriented teams.

The New York Lien Law creates unique challenges for developers by requiring multiple funding sources and strictly regulating how building loans can be used for hard costs versus soft costs, leading to complex financial tracking requirements. While managing these multiple funding sources traditionally involves tedious spreadsheet work and manual processes, modern construction finance platforms can help developers automate compliance tracking and streamline their funding management.