The lender has a date. So do we.
Owner’s representation, scheduling and cost oversight for mid-rise, podium and high-rise rental communities. We protect the completion date your financing depends on and the pro forma your investors bought.
What is really at risk.
The loan carries a completion date
Construction lenders approve a finish date. Miss it and extension fees, interest carry and covenant pressure begin.
Revenue starts at turnover
Rent starts when units are certified. Every week of slip is a week of lost income that never comes back.
Repetition hides risk
Hundreds of similar units make progress look steady while the critical path quietly slips.
Where we add control.
- 01
High-rise towers
Concrete and steel towers financed against a lender-approved completion date.
- 02
Podium buildings
Wood-frame over podium with phased turnover and amenity spaces.
- 03
Garden communities
Multi-building sites with phased turnover for early lease-up.
- 04
Amenity and common areas
Lobbies and roof decks that often finish last and hold up the certificate.
How we control it here.
The KonradBeck capabilities owners in this market call on most.
Developer-side oversight of the contractor, the design team and the schedule.
Monthly review of contractor updates against the lender-approved date.
Cost-to-complete and contingency reporting that matches the loan budget.
Change orders reviewed, priced and logged before they reach the lender.
A 38-story tower against a lender’s date.
A developer was building a 38-story waterfront tower financed against a lender-approved completion date. As owner’s representative, we oversaw the schedule and cost every month, tested each contractor update against the lender date and kept the change log clean. The developer could tell the lender, with evidence, where the project stood.
- 380
- Units
- 38
- Stories
- 2025
- Engagement year
Questions owners ask us.
Can you work alongside the lender’s inspecting engineer?
Yes. We work for the developer, but our reporting is built to stand up to the lender’s review, which makes each draw easier.
How early do you flag a slipping completion date?
We review every update for float erosion on the critical path, so slips show up months ahead, not in the last quarter.
Can you step in partway through construction?
We can. We start with a schedule and cost health check, then set up monthly reporting from a credible baseline.
See your multifamily program clearly.
Share the program, the budget and the date that matters. A senior KonradBeck controls lead will come back to you within one business day.