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Understanding Construction Document & Cost Reviews

Construction Document & Cost Reviews are useful due diligence tools for construction lenders and are...

...more important than ever in the resuscitating construction market. The jury is still out on when construction will truly make a comeback, but construction loans are still being made. My firm for one has seen an increase in the number of lenders approving construction loans. As a construction risk management consultant working in the industry for over 20 years, it seems to me that lenders are heeding the lessons learned this time around by paying closer attention to the details.

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