How Much Are Construction Management Fees?
Construction management fees are part of any construction project’s budget. Understanding these fees, who charges them, and why they vary can help you better plan and manage your construction project costs.
Construction management fees are part of any construction project’s budget. Understanding these fees, who charges them, and why they vary can help you better plan and manage your construction project costs.
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 of property acquisition. Here’s how to use it in real estate development and investment.
Real estate development loans are designed to finance the process of preparing raw land for construction. These loans provide the necessary capital to cover land acquisition and preparation for development, although borrowers usually need additional financing once construction begins.
Because mezzanine loans fill the gap that a traditional loan doesn’t cover, it helps investors quickly move on deals. Despite being risky, these types of loans have a range of benefits that make them attractive to investors.
If you have a stake in a property, mastering metrics like NOI can help you maximize your profits and get smarter returns. Keep reading to learn how to calculate NOI.
A lien release is a legal document that removes a lien or claim from a property. Here are all the details you need to know about lien releases and waivers.
Two common construction contracts are cost-plus and guaranteed maximum price. Here’s how to understand the difference between the two.
Rabbet Expands Document Management Capabilities with Enhanced Features for Real Estate Investment Professionals Austin, TX, November 13th, 2024 (GLOBE NEWSWIRE) – Rabbet.com, a leading platform for document management in real estate investment, proudly announces the release of enhanced capabilities to…
When determining the pricing for a construction project, project owners need to decide whether they’ll use a time and material pricing model or a fixed one. Here’s an explanation of the two billing methods.
Construction costs generally fall into two categories: hard costs and soft costs. Here’s what each of them means and why distinguishing between them matters.
Real Estate Project Managers Need These 3 Things to Succeed In busy development firms, real estate project managers often deal with large portfolios of complex projects. Succeeding in the field requires more than just industry knowledge—it demands specific skills and…
Everything Real Estate Developers Need to Know About Return on Cost Real estate developers lean heavily on data to make informed decisions and maximize profitability, and return on cost is one of the data points that’s essential to master. Real…
Yield on cost is a crucial metric in real estate development that helps developers assess the potential profitability of their investments. Here’s everything developers need to know.
What is a Lien Waiver? A lien waiver in the construction industry is a legal document that’s exchanged between parties involved in a development project. Contractors, vendors, and developers sign lien waivers to agree that no one will place a…
In 2024, the U.S. construction industry reached a new milestone: $280 billion in costs directly tied to slow payments. This alarming figure doesn’t just represent wasted money; it reveals a systemic issue that threatens project timelines, increases risks, and weakens…
In real estate development, managing project finances efficiently is critical—whether it’s a $10 million or a $100 million project. However, one common pain point that almost every team encounters is gaining access to accurate, real-time financial data. In fact, 60%…
What is a Lien Waiver? A lien waiver in the construction industry is a legal document that’s exchanged between parties involved in a development project. Contractors, vendors, and developers sign lien waivers to agree that no one will place a…
Overcoming Affordable Housing Financing Challenges Across the United States, there is a need for 7 million more affordable housing units for extremely low-income families. Renters in all demographics face rising costs, with rents increasing 24% in the last three years.…
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 managing budgets, change orders, contingency reserves, and project risk are also improved by using the right tools and technology. Tracking…
Download the 2023 State of Construction Finance Report In the construction finance realm, 2023 introduced pivotal shifts that changed how developers and lenders operate in the commercial real estate space. Rabbet’s 2023 State of Construction Finance Report provides crucial…
Rabbet’s 2021 State of Construction Finance Report revealed that most lenders and developers are using spreadsheets to carry out major parts of their process, but complain about its inefficiency.