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.
As one of the United States’ leading construction consulting firms, Churchill has provided construction advisory services and construction loan monitoring for hundreds of projects, with project construction costs ranging from $100,000 to over $75 million. Our clients include both public and private sector organizations, and both new construction and complex renovations.
We are trusted advisors to leading institutional lenders, and have the experience, authority, and knowledge to support you and your goals. We are proud of our reputation in the industry as firm-but-fair and aim to present our observations in a clear and fact-based manner. Let us help you make the most out of your next project.
