Slow Payments Cost Construction Industry $136B in 2021

Rabbet, Austin, Texas, released its annual 2021 Construction Payments Report, which found general contractors and subcontractors estimate that the cost of floating payments for wages and invoices represents $136 billion in excess cost to the industry, a 36 percent increase from the cost reported in 2020.

State of Construction Finance: An Interview with Rabbet CEO Will Mitchell

Commercial real estate is constantly evolving with older buildings occasionally going offline or being renovated as they age whilst new buildings are constructed. Rabbet, Austin, Texas, a service provider to lenders and developers engaged in construction recently released its 2021 State of Construction Finance report. MBA Newslink interviewed Rabbet CEO Will Mitchell to get a sense of what’s happening in the world of construction.

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, will discuss why market participants must shift their focus when reviewing construction loans.

Construction Loan Considerations During a Pandemic

Construction lending calls for a high degree of perseverance and accuracy to mitigate its inherent risks. The COVID-19 pandemic has made business much more difficult and complex.

Ground-Up Construction Roundup: A Conversation with Key Bank SVP David Drummond and Rabbet CEO Will Mitchell

MBA Newslink interviewed Key Bank Real Estate Capital Senior Vice President David Drummond and Rabbet Chief Executive Officer Will Mitchell about trends and developments in the commercial and multifamily construction sector. The interview covers how the industry has evolved and met unprecedented challenges throughout 2020 with a particular focus on shifts from the second quarter to the third.