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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. No one thinks to ask whether the contractor has pledged its receivables to secure a loan or line of credit.

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Labor Department Will Not Enforce Anti ESG Rule

Green Building Law Update

Labor’s Employment Benefits Security Administration released the announcement as an enforcement policy statement under Title I of the Employee Retirement Income Security Act of 1974. including, advancing the use of environmental, social and governance (ESG) considerations in investments.

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Phases of Commercial Real Estate Development

Construction Marketing

You must secure financing for the project. The success of a commercial real estate development project depends on many factors, including the ability to secure financing, navigate the legal process, and manage risks. Commercial real estate development also involves a significant amount of risk management.

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Investor Purchases of Single-Family Homes Threaten an Overcrowded Market

Pro Builder

Buy-to-rent investment purchases could pose a substantial risk to the housing market, particularly with dwindling supply. million loan secured by first priority mortgages on 3,836 income-producing single-family homes. …. The buyers of the security are counting on the cash flow from renting those 3,836 homes.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

The construction loan approval process is usually very rigorous, since the loan isn’t secured and doesn’t involve collateral. Your lender may also need a prepaid homeowners insurance policy, including the builder’s risk coverage, to ensure you’re financially protected should anything go wrong during the construction process.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Net Income / Total Assets . Current Ratio .

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Gen Z May Surpass Millennials in the Homeownership Race—Here’s Why

Pro Builder

Not only are Gen Zers already saving up or investing large portions of their $360 trillion in disposable income, but they may also become homeowners at a younger age than Millennials, likely passing up 48% of Gen Xers who owned homes at the age of 30. . Demographics. Market Data + Trends. Housing Markets. Demographics.

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