Leverage typically comes in two forms – financial and power. When a borrower requests a construction loan, they need the financial leverage the loan provides so they can construct (or renovate) buildings to produce a profitable investment. However, once a construction loan is approved, they gain a different type of leverage – one of power that grows as each draw is disbursed. Why? Because no lender wants their borrower to default, forcing them to take back an unfinished property/project.
Today, lenders have options to gain the upper hand with difficult borrowers, which ultimately increases their leverage. This GlobeSt.com article discusses strategies so you can approve more construction loans, gain more leverage to persuade borrowers to comply with loan covenants, and increase your overall confidence that, even if the borrower doesn’t comply, the project will still get completed.
April 15, 2025
In this edition of Affordable Housing Updates, we tackle the funding issues that are arising due to changes in federal spending, how to optimize the green building process as the green certification world changes, and offer two project profiles that showcase how Partner may help you with your next project. Last but not least, learn about Partner's SiteLynx client portal, an intuitive platform for report ordering, delivery, and analysis.
April 10, 2025
The WAIRE Program is one of many steps California is taking to address air quality and emissions within the commercial real estate sector. For warehouse operators, compliance with this program is essential, not just to avoid penalties but to align with broader trends in sustainability and regulatory compliance.
April 10, 2025
Partner Engineering and Science, Inc. is pleased to announce the appointment of Alex Greear as Relationship Manager, bringing over five years of specialized due diligence expertise to expand our client service capabilities.
