Beacon Service Profile: Construction Loan Consulting / Document & Cost Review (DCR)
Beacon Consulting Group, Inc. provides valuable consulting services to banks, developers, real estate investment trusts and other parties involved in the financing of construction projects. This article focuses on one specific service: Document & Cost Review (DCR). Financial institutions and other entities who finance (or directly invest in) construction projects must mitigate their risks by doing a thorough up-front feasibility review before approving a construction loan or investment, using a trusted and experienced consulting partner, such as Beacon Consulting Group. Beacon’s DCR consulting services normally start with a review and analysis of the following information: The developer’s cost estimates, project and site plans, and other documents that can be evaluated in advance of a bank issuing a loan or an investor committing funds.
Beacon’s consulting team has many years of experience advising banks, developers, and other project stakeholders by providing Document & Cost Review services, as well as related follow-on services, such as Construction Loan Monitoring & Funds Control …
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