Himes Associates, Ltd. provides Lender’s Advisory Services to major financial institutions during the pre-loan closing period and then throughout the construction of the project.
Lenders Technical Advisory Services include:
A Pre-Loan Closing (Due Diligence) Report that gives account of the:
Borrower’s budget and schedules
Contractual agreements with the general contractor, architect, engineers, and other team members
Prepare a list of documents, and collect and review documents
Analysis of risk associated with the project
Weekly Site Visit and Written Report describing work performed:
Actual progress against scheduled progress
Change orders submitted, change orders approved
Meetings
Arrival or departure of subcontractors
Material deliveries
Unusual weather events
Inspections
Delays
Photographs of the weekly progress of construction
Monthly Report includes the items of the weekly report and review of:
General contractor’s monthly application for payment
