Real estate investment
decisions require careful study and review. Identifying and
managing the risks involved helps to improve the chances for
a satisfying return.
At Falkin Associates, we make sure that your investments are
sound. We work hard to make your decisions successful.
For construction lenders,
we help manage construction risks.
For permanent lenders, we
evaluate the condition and performance of properties.
For corporate property staff,
we provide construction management services.
For owners and developers,
we manage investment risk.
We assist you
in your decisions by managing the risk of construction lending
by providing technical review of project plans and budgets,
and monitor the construction as it progresses, controlling
disbursement of funds to assure sufficient remains to complete
the progress after each progress payment.
We listen to
your needs and provide a rapid response with accurate detailed
information backed with 30 years of business expertise.
We provide
an independent review of construction contract documents and
budgets prior to loan closure and monitor the progress of
your loans throughout the construction process.
Construction Lending
-Pre funding
contract document review and budget analysis
- Monthly draw inspection site visit reports
including photographs
- Early detection of construction funding
problems
- Change order review and approval - Final inspection & punchlist
verification
- Trouble loan evaluation
- Top quality reporting and photo documentation
Permanent Lending
- Evaluation of existing property
- Due diligence reviews
- Maintenance and repair cost estimating
- Replacement reserve calculations
"It was a pleasure speaking with you yesterday and I look forward
to working with you on this project. Thank you ever
so much for such prompt & courteous customer service.
I know this was last minute, it was to us as well, but
none the less I greatly appreciate your willingness
to fit us in on such short notice." Beck Green, Senior Loan Administration
Officer, First Independent Bank – CRED
