Capabilities for real estate developers
Rabbet Development gives real estate developers one connected system for project finance. Budgets, cash flow, invoices, and draws built on the same live data, from pre-development through closeout.
Development lifecycle
Rabbet Development supports every phase of development.
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Plan and schedule
Align project timelines with financial realities from pre-development through stabilization, ensuring critical path milestones and soft costs stay perfectly synchronized.
Pre-development management
Rabbet Development tracks feasibility budgets, entitlement milestones, and pre-development spend in the same system that will run construction, so nothing gets rebuilt when the deal closes.
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Timeline management
Rabbet Development tracks tasks, dependencies, and key dates across every phase of a project, from site selection and feasibility through stabilization and exit, so your team always knows what's due, what's at risk, and what's next.
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Budget and forecast
Maintain a live, dynamic construction budget that automatically updates actuals against anticipated costs to proactively spot financial exposure and overruns.
Budget management
Rabbet Development forecasts anticipated cost and cash flow from a live, connected budget, so you catch overruns early and make confident decisions.
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Contract management
Rabbet Development tracks contracts, change orders, PCOs, and exposures against the budget, so you make informed decisions and always know your anticipated cost.
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Anticipated cost report (ACR)
An anticipated cost report shows the full expected cost of a project at completion: budget, commitments, executed and potential change orders, and known exposures combined. Rabbet Development builds it automatically from live project data, so it's always current.
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Cash flow projections
Rabbet Development forecasts cash flow and capital needs from live cost data, S-curve, linear, or manual projections that re-forecast as actuals come in.
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Manage invoices and vendors
Centralize accounts payable with AI-driven Optical Character Recognition (OCR) to automatically extract, code, and route vendor invoices into your existing accounting systems.
Central Inbox
All vendor documents flow into one inbox. Rabbet Development's AI document router handles the sorting so your team can stay focused on progress, not paperwork.
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Invoice management
Rabbet Development reads every invoice, codes it to the right budget line, and routes it for approval, synced with the AP system you already use.
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Vendor management
Rabbet Development keeps each vendor's contracts, change orders, invoices, and lien waivers in one place, so you always know what's committed, what's been funded, and what's missing.
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Package and submit draws
Instantly generate error-free, lender-ready draw packages by aggregating approved pay applications, lien waivers, and budget updates into a standardized format.
Draw packaging
Rabbet Development builds every draw package from your live project data, so each request goes out complete, consistent, and easy for your lender to approve the first time.
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Document management
Rabbet Development automates intake and classification for the full range of project documents, cutting manual entry while keeping a human in the loop.
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Lien waiver management
Rabbet Development collects conditional and unconditional waivers from GCs and subs, matched automatically to the invoices and draws they cover so contractors stay paid and the project stays protected.
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Report across the portfolio
Gain executive-level visibility into cost-to-complete metrics, cash requirements, and project health across all active real estate developments.
Portfolio reporting
Rabbet Development rolls up live project data into portfolio reporting and a forward-looking capital forecast, so you see performance, risk, and when capital is needed across every project without rebuilding it in a spreadsheet.
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