Are your projects on track for success?
Rising rates and recession concerns require that lenders are confident about the success of the projects for which they provide financing. Our team can help reduce lender risks and improve results for developers.
Our tailored services help reduce your risks and improve results
Construction debt and equity monitoring helps protect banks, lenders, and other financial institutions from the risks inherent in construction lending. Churchill’s construction loan monitoring services include cost reviews, construction loan inspections, and recommendations on disbursement of funds.
Construction loan risks fall into three categories:
- Overfunding work that’s not complete
- Funding troubled projects with low odds of successful completion
- Funding for trades that don’t get paid by the General Contractor.
How we can help
- Pre-acquisition property due diligence
- Construction progress monitoring
- Monthly draw disbursement monitoring
- Change order reviews
- Scheduling/permitting/inspection status
- Closeout services
Our multidisciplinary team of engineers, accountants, and construction professionals have been protecting lenders investments since 2018.
From property condition assessments to closeout audits, our team leverages decades of combined experience with real estate development and construction to provide an expert and independent financial perspective for our clients.
