Learn how to create, maintain and adjust project forecasts easily in Rabbet!
Overview: Accurately projecting the timing of costs and funding is critical to completing a project as planned. During pursuit and pre-construction, a detailed project forecast enables the developer to not only manage equity cash flow but also secure the best possible lending terms. Monitoring the actuals and updating the cost projections throughout construction are important for both lender and developer to detect overruns and funding shortfalls early.
In this webinar, learn how to configure the timing and spending rate of your project budget to create the cost and funding projection. We will also review how the actuals captured in your Rabbet draws automatically feed into the Projections tool so that you can identify discrepancies and update the projection throughout the life of the project.
Target Audience: Developers and Lenders
Estimated Program Length: 30 minutes
You'll hear from:
Michael Hickman, Rabbet
Michael is a senior member of Rabbet's Partner Success team. Partner Success provides technical expertise and guidance including webinars, product guides, and resources in the Rabbet Help Center to help lenders and developers efficiently manage construction finances.
Will Mitchell, Rabbet
Will is the co-founder and CEO of Rabbet, a software helping real estate developers and lenders efficiently manage construction finances. Will spent 10+ years in commercial real estate and completed his undergraduate studies in architecture and structural engineering from the University of Virginia.
Matt Daly, StructionSite
Matt is the co-founder and CEO of StructionSite, an automated site documentation tool combining 360 cameras and AI. Matt spent 9 years at FARO Technologies learning about lean manufacturing and process control while helping automotive and aerospace manufacturers implement 3D scanning solutions on their production lines.
Jake Fingert, Camber Creek
Jake is a General Partner at Camber Creek, a venture capital firm providing strategic value and capital to tech companies focused on the real estate market. Previously a Senior Policy Advisor at the White House under President Obama, Jake now coordinates Camber Creek’s operation and portfolio management.