BRIDGING THE GAP BETWEEN LENDERS AND BUILDERS
Construction loan portfolios demand specialized and detailed attention throughout the construction process. Lenders and private parties gain substantial benefit from monthly on-site progress monitoring inspections, and continuous budget accounting updates from an unbiased third party. Our reports are customized to the budget for each project in order to get a true representation of the progress of the project.
We are the experts in construction monitoring.
This is a customized cost accounting report comparing percentages of actual on site work completed versus the amount of funds drawn on a line item basis, as well as showing an overall onsite percentage of completion for the project. We track all funds spent whether it is from the construction loan, or from owner equity. This gives an accurate picture of the total costs for any particular project.
This report shows the percentage of work complete for each line item of the budget, materials that are stored onsite, and labor that was onsite during the inspection. It also includes digital pictures of the project updated after each inspection.