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Today, we all know and feel the economic uncertainty that is reported upon multiple times each day. This coupled with our work obligations and family...
One of the questions we are asked most often “How long does it take for my draw to fund?” By the time QuickDraw receives...
Why do institutional banks, private lenders, grant administrators, investors and owners engage QuickDraw’s services?
Since the start of the pandemic, pet adoption rates have soared as people have turned to animals for much-needed companionship and emotional support. The nonprofit Society for the Prevention of Cruelty to Animals Los Angeles reported that adoptions were double their usual rate in late June 2020, prompting waiting lists for puppies and certain dog breeds.Read more
May 7, 2021
QuickDraw Fund Control
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As a trusted expert between lenders and borrowers during the construction process, QuickDraw Fund Control supports both the preservation and improvement of existing structures, as well as the construction of new buildings and dwellings that enhance commercial and residential sites throughout California and the Western US.Read more
May 4, 2021
QuickDraw Fund Control
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The inverse curse: COVID-19 infections are trending downward amid sharply rising building costs. “It’s really bad.” The Custom Home Builder’s View “We still have COVID-19 issues — they’re not as bad as they were 30 to 60 days ago. The biggest issues are material pricing,” said a Los Angeles-based contractor and QuickDraw client when we spoke to him fresh on a Monday morning. Read more
February 22, 2021
QuickDraw Fund Control
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Under the 2017 Tax Cuts and Jobs Act, Opportunity Zones were created to drive private investment to distressed areas by incentivizing long-term investments in low-income neighborhoods. According to the U.S. Economic Development Administration (EDA), there are more than 8,760 designated Qualified Opportunity Zones located in all 50 States, the District of Columbia, and five United States territories. Investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged or until December 31, 2026.Read more
February 19, 2021
QuickDraw Fund Control
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QuickDraw Fund Control, a leading provider of construction fund management, recently expanded services to Sacramento, California, in response to the increasing demand for housing in the region. At the helm is Relationship Manager Steve Board, who has been performing draw inspections with QuickDraw for more than eight years.Read more
February 18, 2021
QuickDraw Fund Control
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In December 2020 there were 449,000 fewer homes on the market than in December 2019 — a 36.9% decrease that also marked the first time that active listings fell below 700,000, according to realtor.com records. However, sellers listed new homes for sale at nearly the same rate as the previous year — just 0.8% down year-over-year (YOY) nationally.Read more
January 18, 2021
QuickDraw Fund Control
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