Project & loan monitoring
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.
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.
Asset and facilities management
Understand the current state of your facilities and their maintenance practices so you can make asset and operation decisions.
Minimize risk and enhance control measures on infrastructure projects with impartial expert advice.
Cost Escalation Report
Accurately assess construction cost escalation by trade, for better budgeting and forecasting.
Distressed development & workout solutions
Clarity on project viability for lenders, developers, trades and court-appointed trustees, monitors, receivers & managers
CMHC Rapid Housing Initiative services
Understand your eligibility and position your application for success
Contact a qualified professional
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.
Our workView All
Cost estimating, Cost allocation, Value engineering, Payment certification, Pro formas, Scheduling, Project monitoring, Economic advisory & market research, Economic studies
Contract solutions, Project and loan monitoring, Cost estimating and pro formas, Development consulting, Economic advisory & market research
Cost planning, Lender and developer services, Economic advisory & market research
2021 Canadian Cost Guide
Jan 20, 2021
Your guide to better understanding Canadian real estate development and infrastructure construction costs
Altus Group Global Property Development Trends Report
Sep 27, 2020
Our report explores how the property development industry is building resilience in the 'new normal'
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
As land values climb and structures wear out, rather than simply selling their property and bidding goodbye to their buildings and land forever, more and more institutional administrators and boards would like to determine whether a redevelopment partnership may be possible to safeguard their future.
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.
Key Amendments to Ontario’s Construction Act
Oct 1, 2018
An overview of the recent and upcoming provisions Ontario’s Construction Act.
Developers’ FAQ on active projects during COVID-19 pandemic
Apr 2, 2020
Answers to help developers safely navigate the current and potential impacts of the coronavirus pandemic on active construction projects.
Opinion | COVID-19 impact on construction costs and escalation
Mar 30, 2020
What are the potential short, medium and long-term construction cost outcomes of the COVID-19 pandemic
What happens next? Strategies and precautions for construction real estate developers during COVID-19
Apr 22, 2020
Reductions in on-site labour, temporary construction shutdowns, and new site working protocols due to the COVID-19 pandemic, will cause the real estate and construction industry to feel the effect of this virus for months, and possibly years to come. The following identifies some of the risks, and provide some guidance on key strategies that owners and developers can follow going forward.
Construction contract answers during the COVID-19 pandemic
Mar 23, 2020
Practical construction contract and schedule advice related to COVID-19 for professionals in commercial real estate, ICI and P3 infrastructure.
Stitch in time saves nine – How to use this pause in construction to save on your next development
May 12, 2020
With a desire to keep soft costs down, there is a reluctance amongst owners to invest more in the design and tendering phases of the project development. However, spending a bit more on the design team prior to construction seems to make a lore more sense, especially with millions of dollars in savings being left on the table.
Cost plans & estimates – the most underused problem-solving tools in the construction industry?
Jun 1, 2020
Cost estimates are one of the best problem-solving tools an owner, design team and construction manager have at their disposal. However, they are often treated as a formality, pulled together for compliance, when the wealth of information that is contained is often lost and rarely fully-leveraged to the extent it should.
Construction cost escalation – not all sectors and trades change at the same pace
Aug 31, 2020
It’s very common for developers, contractors and consultants to estimate construction cost escalation, for all asset types and trades, based on a single number or range. This is dangerous and can lead to grossly inaccurate development budgets and forecasts, and more time (and money) spent on contingency plans down the road.
Modular building construction: Has its time finally come?
Dec 9, 2020
Modular construction is something that forward-thinking governments, investors, manufacturers, developers and builders are looking at, but it is important that it be tempered with a clear understanding of advantages versus constraints, and a proper assessment of opportunities and how to mitigate the risk.