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Why do institutional banks, private lenders, grant administrators, investors and owners ...
May 12, 2022
QuickDraw Fund Control
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Why do institutional banks, private lenders, grant administrators, investors and owners ...
December 9, 2016
QuickDraw Fund Control
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Why do institutional banks, private lenders, grant administrators, investors and owners ...
January 18, 2019
QuickDraw Fund Control
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Why do institutional banks, private lenders, grant administrators, investors and owners engage QuickDraw’s services?
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October 10, 2024
Greg Norris
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What everyone who has never built a project does not understand is that your destiny is in the hands of so many others. From Cities, Counties, Fire Departments, Neighborhood Councils, Water Districts, School Districts, Planning Departments, Subcontractors and the like all affect the cost and time it takes to approve and build a project.
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September 4, 2024
Greg Norris
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In Part 1, we exposed the shocking escalations in construction costs that developers are grappling with. Now in Part 2, we explore the declining sales, local factors, and how pivoting business models may be the key to making it through this crunch.
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April 26, 2024
Greg Norris
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In this two-part interview series, we go behind the scenes with a seasoned developer of single-family tract homes in Southern California. Despite facing intense headwinds, their ability to quickly adapt has been vital for survival. Part 1 dives into the harsh realities of rising construction costs across all major trades.
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March 29, 2024
Greg Norris
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At QuickDraw Fund Control, we like to keep tabs on the trends that are affecting builders in the markets we serve. Some of the biggest news in 2022 has been the increase in mortgage interest rates. The average 30-year fixed mortgage rate is up by more than two percentage points since the beginning of the year, a fact that is seriously undercutting the purchasing power of homebuyers across the country. After spiking to well over 6% in June, rates have again shifted upward. According to data from S&P Global, the average interest rate for a 30-year fixed mortgage in October 2022 is 7.16% to 7.26%.Read more
September 12, 2022
QuickDraw Fund Control
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Construction funds control is a process wherein a third-party firm manages when and how funds are disbursed to contractors, subcontractors and suppliers on a construction project. It involves processing project-related invoices and lien releases, coordinating site inspections, providing progress reporting to all parties, and arranging for fund disbursements. At QuickDraw Fund Control, we take pride in our role as a trusted partner who helps monitor construction projects from inception to completion, ensuring that budget and funding line up with contracts and fulfillment schedules.Read more
June 1, 2022
QuickDraw Fund Control
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