Loan Monitoring / Lender Representation

Key Features of Our Construction Loan Monitoring Services:

1. Plan and Cost Reviews:
   Our team of engineers, architects, and construction professionals conducts thorough plan and cost reviews before construction commences. We evaluate the completeness and constructibility of plans to minimize unforeseen costs during the project. Additionally, we scrutinize cost breakdowns to ensure they align with market pricing, and we review construction contracts to safeguard the lending institution's interests.
2. Construction Inspections:
   Regular construction inspections are conducted to protect the lender's investment during the construction phase. Our experts ensure that work progresses as per schedule, adheres to quality standards, and meets contractual obligations. We also review change orders to ensure their appropriateness and reasonable costs.
3. Construction Funds Control:
   Our funds control services facilitate timely payments to subcontractors and material suppliers, preventing potential liens on the property. We track payment requests and manage payments directly, ensuring compliance and preventing disruptions due to non-payment issues.

Benefits of Partnering with Park Lane Projects:

• Mitigation of risks associated with overfunding, troubled projects, and unpaid trades.
• Extensive experience in handling technically challenging construction projects.
• Clear communication of technical issues and solutions for non-technical decision-makers.
• Preservation of the client's best interests throughout the construction process.

Unmatched Expertise and Track Record:

Park Lane Projects boasts a team of certified professionals with extensive experience in construction monitoring. We have served numerous financial institutions of all sizes and types, ensuring successful lending projects from start to finish.

Contact Park Lane Projects today to leverage our expertise and ensure the success of your next lending project.