Loan Monitoring

 Throughout the construction period we provide a much needed interface between the lender and developer. We ensure that the developer is provided with the appropriate funds as the project progresses, yet ensure the lenders are not exposed to the problems inherent in development and construction. This approach to project monitoring is one of identifying issues early in the process and working with the parties involved to mitigate problems before they arise.

Monitoring services include:

• ensuring that the project budget is reasonable, adequate and realistically allocated to the various hard and soft cost budget categories.
• analysis and reporting on the existence and adequacy of supporting documentation, schedules, geotechnical reports, environmental recommendations, cash flows, contracts, bonds, insurances, etc.
• site visits during construction to accurately assess the value of work in place and the cost to complete.

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