Full Funds Loan Monitoring
We provide project and budget monitoring services to ensure an additional level of risk management to key participants in the real estate development process. We maintain communication, for the life of the project, between Lender, Borrower and General Contractor with the goal of preventing problems before they occur.
- Managing and Controlling the Budget
- Mitigating Risk in the Draw Request/Funds Disbursement Process
- Inspecting the Site for Validation of Progress
Lenders, Owners, and GCs can benefit from our services – click the links below for more details.
NOTE: It is important to note that CLM GROUP is not deemed the equivalent of, or a substitute for, architectural or engineering supervision. CLM GROUP is not responsible for determining whether the job is built in accordance with plans and specifications, satisfies applicable building code requirements, or meets a minimum standard of workmanship. CLM GROUP is not to be construed as the Owner/Borrower’s project manager. During the project, CLM GROUP has a fiduciary obligation to the Lender to monitor and control funds in accordance with the loan agreement.