Construction Loan Considerations During the COVID-19 Pandemic April 28

Construction lending calls for a high degree of accuracy to mitigate its inherent risks, yet the COVID-19 pandemic has made business much more difficult and complex. Will Mitchell, CEO of Rabbet, Austin, Texas will discuss why market participants must shift their focus when reviewing construction loans.

These considerations will not only ensure the safety of the entire process, but also decrease the risk of losses and lawsuits in these troublesome times.

April 28, 2021, 2:00-3:00 PM ET. Click here for more information or to register.

Objectives:

Reasonable comps and realistic cap rates

Backing the construction advance process with inspections by qualified professionals

Making sure borrowers are personally invested in the business with cash upfront

Ensuring contingencies to cover cost excess and operating expenses

Tracking material and labor delays on a project and pressure testing for liquidity requirements

Who Should Attend?

Construction Lenders (Head of CRE, Chief Lending Officer)

Heads of Loan Operations

Loan Administrators

Asset Managers

Junior to mid-level CRE finance professionals

Speaker:

Will Mitchell, CEO, Rabbet