Construction Loan Administration

Institutional investors with active construction lending programs have complex needs with substantial risks that need to be managed effectively to ensure their borrower’s projects move along according to plan, both on-time and on-budget. Cohen Financial offers a full range of services built upon best-in-class processes and procedures to handle the construction draw administration and processing work, as well as the accurate and timely collection and dissemination of collateral data and reports.

For each project we work closely with our client to develop a customized services agreement, with a focus on managing the risks associated with construction contracts, design, scheduling and budgets on a cost-effective basis. Our team will conduct an initial site visit to meet with key sponsor members and review the construction project, the approved development plan and related budgets. This enables us to manage change orders and draw submittal requests, as well as make appropriate recommendations to our client.