Like any consultant, most clients engage us because they:
don’t have our expertise and experience in-house
want another professional opinion, or
need to augment existing staff for short-term needs.
We bring fresh perspectives untampered by internal politics and based on experiences from things that work and don’t work. We help clients avoid analysis paralysis by helping clarify expectations and evaluate the points that have most significance and not those that distract from making sound decisions. We simply get more done with less headache for our clients.
For our owner clientele, we provide staffing that are dedicated to the project goals, guiding the best decisions, coordinating the best resources, and managing actions to achieve the intended results. We turn vision and challenge into real results, all while mitigating the many risks along the way.
For our financial clientele, they often know the upsides of their investments, so we contribute to a solid understanding and mitigation of the myriad of potential downsides to each deal. In addition to standard site inspections and routine reports with progress narrative, financial summary, and customary photographs, we proactively look beyond for real risks through participation in draw request meetings, project progress meetings, and review of contractor/architect/owner certifications and reports.
Whether equity or debt, we understand the importance of protecting secured collateral by astutely monitoring work in place to match funds requested/drawn, reviewing releases of liens of contractors and key suppliers, updating title searches and surveys, inspecting materials and equipment being stored but not installed (if allowed), and making sure that taxes are paid while maintaining entitlements and easements. We monitor for appropriate guarantees, bonds, and escrow facilities in place.
Additionally, we review that interest accounts, reserves, and contingencies are kept appropriate for the state of the project. We watch for control of potential and actual claims/change orders, and that retainage/hold backs comply with construction and loan agreements.