Project & loan monitoring
Get peace of mind with accurate reporting on construction progress and cash flow
Whether you’re providing financing or borrowing, you need a clear view of the project or portfolio status and its potential risks to make key financial decisions.
Get clarity throughout the development process with independent loan monitoring reports from a qualified project monitor. Specializing in construction, finance and management matters, we report on project cost-to-complete, risks and potential pitfalls.
We provide more than simple compliance. Our team of professional quantity surveyors draw on broad expertise, unparalleled benchmark data and innovative development monitoring software to collaborate with clients to support business objectives.
Assess a project and risk profile before asset purchase or investment with the proper development due diligence
Our team will:
- Analyse project feasibility with a development financing pro forma you can take to the bank.
- Set or confirm project and construction budgets – including cost to complete and schedule – backed up with real world data
- Deliver reports outlining any project issues, outstanding documentation and recommendations prior to investment
Get customized, dynamic reporting for your project or portfolio to ensure it stays on track
Our project and loan monitoring reports:
- Will confirm the adequacy of the cost to complete and remaining contingencies and provide recommended advance amount
- Assess the appropriateness of the form of contract and construction documentation
- Verify equity or expenditures with review of available information
- Provide detailed verification of work on site and offsite materials
- Confirm project schedules with an independent analysis of project milestones and completion dates
- Address budget overruns in relation to the approved sources of funding
Our reports also address cash flow, sales deposits/leases, permits and approvals, insurances, geotechnical and environmental reports as well as other 3rd party reports.
Watch: How we’re using technology to maximize the value of your reports
Using ARGUS software we’ve customized for the construction financing reporting process, we now provide responsive preliminary and monthly reports and insights in the format you need to make informed decisions.
Watch our video to learn more about how we’re leveraging ARGUS EstateMaster to enhance the way we work and how it benefits you.
The Well | Toronto, Ontario
RioCan REIT | | Allied Properties | Woodbourne Canada | Deltera Inc.
Cost estimating, Cost allocation, Value engineering, Payment certification, Pro formas, Scheduling
The Bow | Calgary, Alberta
Royal Bank of Canada | The Toronto- Dominion Bank | TD Securities | The Bank of Nova Scotia | Bank of Montreal | Alberta Treasury Branches | Canadian Western Bank | H&R REIT | Matthews Development
Construction cost planning, Tender analysis, Value management, Loan monitoring, Change order management, Risk management, Delay analysis, Claims management, Tenant fit-out cost planning
ICE District | Edmonton, Alberta
Ice District Properties
Yonge & Sheppard Centre | Toronto, Ontario
RioCan | KingSett Capital
Project monitoring, Construction cost estimating, Pro formas, Stakeholder cost allocation, Value engineering, Project monitoring, Payment certification, Claims, Scheduling
Brookfield Place | Calgary, Alberta
The Bank of Nova Scotia (as Administrative Agent) | The Toronto Dominion Bank | Sumitomo Mitsui Banking Corporation of Canada | United Overseas Bank Limited | La Caisse Centrale Desjardins du Quebec | HSBC Bank Canada | Industrial and Commercial Bank of China (Canada) | Alberta Treasury Branches | Canadian Western Bank
Construction cost estimating, Project monitoring, Independent landlord work schedule analysis
First Condominiums | Calgary, Alberta
The Royal | Calgary, Alberta
Cost estimating & pro formas
Set realistic budget and development scenario expectations and maintain them.
Reduce project risks and construction costs with sound procurement, contract and dispute resolution strategies.
Keep decision makers informed with insights and data from experienced development consultants.
Physical asset management
Understand the current state of your facilities and their maintenance practices so you can make asset and operation decisions.
Contact a qualified expert
Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
Informing our community
Stay current with the latest news and analysis regarding matters that impact your business and community.
Construction Act – New Compliance Obligations & Dispute Resolution Opportunities
Oct 15, 2018
Obligations and opportunities presented by Ontario’s new Construction Act
As Good as Gold: Opportunities for Institutions to Extract Land Value through Strategic Redevelopment
Jan 28, 2019
Adjacent to a newly-built, modern church is a seniors’ residence. The residence houses vulnerable members of the community in a building proudly funded by the congregation. They were able to exchange valuable real estate for a new church, a new seniors’ residence, a mid-rise residential strata building and an ongoing revenue stream that helps to fund programs.
Key Amendments to Ontario’s Construction Act
Oct 1, 2018
An overview of the recent and upcoming provisions Ontario’s Construction Act.
Put pro formas to work to understand and manage development risks and protect your profits
Aug 14, 2019
Rising land values and construction costs in the real estate market over the past several years are raising risks for developers, lenders and equity investors. This precarious situation requires a new approach for understanding and managing development risk – an approach with pro formas as the focus.
Get an accurate and independent understanding of the value of your property or nationwide portfolio.
Assess the market conditions affecting the demand and supply of a local commercial real estate market.
We have been hired on behalf of all parties – including government, lawyers and property owners, and are able to back-up our appraisals with expert reports and testimony during negotiations or in the case of arbitration or litigation.
Litigation & dispute valuation
Have a property dispute? Obtain a commercial valuation for litigation, arbitration and dispute resolutions.
Market feasibility studies
Understand the economic viability of your development by looking at the local market forces at play.
Market research & economic advisory
Understand the viability of your next real estate project with custom research.
Property tax assessments & appeals
Understand the valuation parameters, legislation and tax policy that drive your property’s assessment and tax liability.
Property tax management & compliance
Manage your single largest operating expense and remain compliant where you own or lease property.
Get an accurate and independent understanding of the value of your commercial property or nationwide portfolio.
Need help with more services?
Connect with us and learn how we can help you see opportunities and maximize the value of your investments.