One of the questions we are asked most often “How long does it take for my draw to fund?”
By the time QuickDraw receives a draw request, it was hot two weeks ago. General Contractors, Subcontractors and Suppliers rely on receiving payment in a timely manner, and they absolutely should as they have earned that money.
How do we help them?
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November 25, 2024
Greg Norris
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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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If you’re working on a project that is using construction loan funds control, you may be wondering, What exactly is it? Simply stated, construction funds control is a process wherein a third-party firm (like QuickDraw) manages when and how funds are disbursed to contractors, subcontractors and suppliers on a construction project.Read more
May 30, 2022
QuickDraw Fund Control
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Looking back on 2021, many economists predicted a slow economic recovery and a potential housing crash. But not only did the housing market continue to boom, but the stock market also had a banner year, with the S&P 500 increasing by nearly 27 percent. Thanks to government assistance, many businesses were able to survive, while others actually thrived in the pandemic-spawned consumer market. Ongoing social distancing measures kept many workers and students at home, and combined with historically low interest rates, demand for housing skyrocketed.
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May 12, 2022
QuickDraw Fund Control
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QuickDraw Fund Control is well-known for delivering comprehensive fund control services to construction projects in key markets across the U.S., and it keeps a close watch on trends that affect its partners in each one of those markets. Read more
April 8, 2022
QuickDraw Fund Control
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We at QuickDraw Fund Control are always excited to learn about new technologies in the construction industry. With fuel prices at all-time highs, this sure looks like a smart and green solution! Read more
March 25, 2022
QuickDraw Fund Control
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QuickDraw Fund Control wants you to know that fund control isn’t all numbers and deadlines. Sometimes, it means being on-site at the swankiest addresses in the nation’s most vibrant cities — like when QuickDraw performed inspection and fund control services at this luxury estate in the West Hollywood hills.
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March 9, 2022
QuickDraw Fund Control
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According to the Lodging Econometrics Hotel Construction Pipeline Trend Report, Los Angeles began 2022 with a total of 120 projects and 19,815 rooms in the construction pipeline. That makes Los Angeles the most prolific spot in the country for new hotel construction, ahead of the Atlanta market, with 133 hotels and 17,593 rooms, and the New York City market, with 121 hotels and 19,303 rooms.Read more
February 28, 2022
QuickDraw Fund Control
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Stalled construction projects littered the landscape in 2020, but 2021 saw new momentum as commercial and multifamily construction starts roared back to life. According to Dodge Construction Network, the value of commercial and multifamily construction starts increased 18% from 2020 to 2021 in the nation’s top 20 metropolitan areas. Of the top 10 metros, only Washington, DC, and Los Angeles, California, posted a decline. Read more
February 17, 2022
QuickDraw Fund Control
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QuickDraw Fund Control, a leading national fund control firm that manages the disbursement of funds during construction projects, today announced the promotion of Jeremy Noble from systems analyst & software developer to vice president. Noble first worked for QuickDraw as a student. After earning his degree in computer science from Cal State University, San Bernardino and a stint in med tech, he returned to QuickDraw in April 2020 as a key team member tasked with bringing the company’s systems and technology up to date.Read more
February 4, 2022
QuickDraw Fund Control
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Sometimes, being in the fund control business means spending time in really beautiful places. That was certainly the case when QuickDraw Fund Control provided oversight for a spectacular new home being built in one of L.A.’s most desirable neighborhoods. Read more
January 19, 2022
QuickDraw Fund Control
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Hiring a fund control company is an ideal way for lenders to manage funds during a construction project and make certain that the general contractor, subcontractors and suppliers are paid quickly and accurately. Fund control provides a layer of protection between the lender and general contractor, ensuring that monies are spent at the right time and in accordance with the approved construction budget. A fund control company provides services like cost reviews and site inspections, which photo document progress, further safeguarding timely and accurate project due diligence and reporting.Read more
December 13, 2021
QuickDraw Fund Control
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A Guaranteed Maximum Price contract, known as a G-MAX or GMP contract, is a construction agreement that puts a maximum cap on the agreed upon project costs and scope of work, regardless of the actual costs incurred. G-MAX contracts shift a significant amount of risk to the shoulders of contractors while giving customers the peace of mind that accompanies a limit on cost. When a G-MAX contract is in place, cost overruns are covered by the contractor. If the project comes in under budget, the terms of who benefits are deal specific. In some instances, savings may be shared, or an acceleration bonus is incorporated as an incentive to complete a project early.Read more
December 2, 2021
QuickDraw Fund Control
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You know the feeling — when your heart pounds against your ribcage, the hairs stand straight up on the back of your neck and cold fingers slip down your spine.
No, we’re not talking about a ghost encounter — we’re talking about something much scarier. If you’re a construction project manager who is feeling the cost, schedule and scope of a project creeping up on you, who you gonna call? QuickDraw!
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October 29, 2021
QuickDraw Fund Control
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A surge of homebuyers fled cities during the pandemic, seeking suburban and rural communities where larger homes and sizable lots provided space for families to stretch out, work and play in a socially distanced environment. Many who could not previously afford a home in the city found they could afford to buy in outlying areas. Read more
September 21, 2021
QuickDraw Fund Control
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Ever hear of a guy named Bill McBride? He’s a retired Southern California technology executive who is famous for predicting the housing crash of 2007. His economics blog, “Calculated Risk,” has been accurately predicting economic events since the early 2000s. These days, he’s chiming in on the current absurdity we call the housing market. McBride recently told The Atlantic, “I’ve never seen anything quite like this. It’s a perfect storm.”Read more
August 13, 2021
QuickDraw Fund Control
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According to real estate data platform CoreLogic, homeowners with mortgages enjoyed a 20 percent jump in equity in the first quarter of 2021 over the same period in 2020. That translates to roughly $2 trillion, or about $33,000 per borrower. Read more
August 2, 2021
QuickDraw Fund Control
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Beginning in February 2019, work began on a $32-million multifamily residential development at 5th Street and Oxford Avenue in L.A.’s Koreatown.Read more
July 15, 2021
QuickDraw Fund Control
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On May 1, 2021, QuickDraw Fund Control sponsored the YAPS 9th Annual Charity Golf Tournament at the Yucaipa Valley Golf Club. The Yucaipa Animal Placement Society (YAPS) is a no-kill, nonprofit animal shelter that strives to prevent euthanasia of dogs and cats in shelters throughout the region by providing them a temporary safe haven until a permanent loving home can be found.Read more
July 6, 2021
QuickDraw Fund Control
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QuickDraw Fund Control, a trusted intermediary between lenders and borrowers during construction projects, is taking a new step forward in 2021 as a woman-owned company. This bold move is reflective of the company’s guiding values and vision for a more inclusive industry.Read more
June 25, 2021
QuickDraw Fund Control
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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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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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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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Though it’s clear that many New Yorkers have fled the state’s capitol, what’s more interesting is where Americans are moving to. The COVID-19 pandemic has unveiled unusual geographical trends. Read more
January 15, 2021
QuickDraw Fund Control
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The year 2020 ended with nearly the lowest mortgage rates on record, offering hopes of cheap financing for buyers. The week ending Dec. 31 closed with a 30-year-fixed-rate mortgage averaging 2.67%, slightly up from the new record low of 2.66% set the week prior.Read more
January 8, 2021
QuickDraw Fund Control
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Once it was clear that COVID-19 was spreading rapidly in big cities, Americans across the US fled to less-populated cities. Read more
January 2, 2021
QuickDraw Fund Control
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The US housing market experienced a boom in the last quarter, thanks to low interest rates. This boom fueled a new mortgage debt record of nearly $10 trillion, according to a recent press release by the Federal Reserve Bank of New York.Read more
December 9, 2020
QuickDraw Fund Control
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At the beginning of the COVID-19 pandemic, Zoom meetings skyrocketed in popularity across the globe. Suddenly every major corporation was holding digital meetings via Zoom and proclaiming its near-magical ability to keep employees connected and engaged.Read more
November 10, 2020
QuickDraw Fund Control
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2020 was a year of the unexpected. As we head into the new year, it is a time for repose, reflection and revaluation. The election is now behind us, but as COVID numbers continue to rise, the variables driving the cost of housing remain unpredictable. We'd like to hear your thoughts about how these events are impacting your business, and what you see trending as we go into 2021. Please call Greg at: (818) 254-5823. Your insights are invaluable as we strive to keep our clients informed about the state of our ever-changing market.Read more
November 6, 2020
QuickDraw Fund Control
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Earlier this year, the COVID-19 pandemic forced markets and buyers to hit the pause button and wait for a more predictable and stable economy. Amidst the uncertainty, one trend has surprised economists: the major boom in the housing market of homes costing $1 million and more.Read more
November 2, 2020
QuickDraw Fund Control
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COVID-19 has forced landlords across the US to offer incentives to attract tenants who have moved away from urban areas. In August 2020, the median US rent was $1,771, down 0.3% from the previous month. According to Zillow, this is the largest monthly decrease since September 2017.Read more
October 30, 2020
QuickDraw Fund Control
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Post-COVID-19 Strategy: Aim Low
Content for this edition of “Feet on the Street” comes from an interview with Mr. Kam Takhar, a good friend, terrific client and principal of Crowne Development, Inc. — a leading homebuilder located in Yuba City, California. As always, we hope you enjoy!
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October 27, 2020
QuickDraw Fund Control
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The housing market is being touted as the “bright spot” in this uncertain pandemic economy, as record-low interest rates make home buying affordable for consumers.Read more
September 30, 2020
QuickDraw Fund Control
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For those of us in the housing market who remember the Great Recession, the global pandemic has been a nail-biter. The typical pattern during a recession is that as incomes decline, fewer people buy homes. Since fewer people are buying, fewer homeowners list their homes for sale. The market slows, and sellers may even lower prices to attract buyers or move their homes faster. Read more
September 16, 2020
QuickDraw Fund Control
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In moments, it feels really weird.
For this edition of “Feet on the Street,” our content comes from an interview with Mr. Justin Esayian, a good friend and Senior Vice President of The Hoffman Company, a leading land brokerage firm that serves California and Nevada. As always, we hope you enjoy.Read more
August 31, 2020
QuickDraw Fund Control
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Steve Board joined QuickDraw Fund Control as Relationship Manager in August 2020, bringing with him more than 35 years of experience fostering customer relationships for such notable companies as Google, Cisco, AT&T, Ricoh, Wells Fargo, Bank of the West, IBM and many more. Steve has won multiple awards for service excellence, reflecting his talent for connection and commitment to creating a seamless customer experience.Read more
August 27, 2020
QuickDraw Fund Control
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Jeremy Noble brings supercharged energy and fresh ideas to QuickDraw Fund Control in his role as Systems Analyst and Software Developer. A recent cum laude graduate of Cal State University, San Bernardino, Jeremy worked for QuickDraw while he was earning his degree in computer science. After a stint in med tech following graduation, Jeremy was delighted to return QuickDraw in April 2020 as a key member of the team tasked with helping the company sort its systems challenges and bring its technology up to date.Read more
August 25, 2020
QuickDraw Fund Control
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It’s all Surging: Homes Sales and Suburban Sprawl, COVID-19, Material Prices and Looming Shortages
For this edition of Feet on the Street, our content comes from multiple companies within and around the building industry. We hope you enjoy!Read more
August 10, 2020
QuickDraw Fund Control
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As businesses slowly start to re-open across California, construction schedules are filling up and contractors are heading back to work. An air of optimism is helping propel projects forward and encouraging workers to return with a renewed sense of purpose and commitment. Read more
June 25, 2020
QuickDraw Fund Control
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In mid-2018, QuickDraw Fund Control was selected to provide Inspection and Fund Control services for the renovation of the property located at 1250 Bel Air Road, Los Angeles, CA 90077. For this project, we worked with Skylark Capital Management, Inc and Roman James Design Build.Read more
June 11, 2020
QuickDraw Fund Control
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It’s like navigating a shipping lane, and your GPS went out. You know where you are and where you’re going, but the map and weather forecast are gone. Everyone’s trying to figure it out.
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May 18, 2020
QuickDraw Fund Control
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Like politics, all market conditions and construction progress are local.
This week, we continue to provide information, new trends and real-time updates to what we saw and learned across different construction platforms and locations.
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April 21, 2020
QuickDraw Fund Control
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Every day you dig through piles of paperwork, update dozens of spreadsheets and juggle demanding calls from clients, contractors and everybody else involved in the construction project. Every day you wonder how much further your mind can stretch, managing it all, and maybe you wake up in the middle of the night afraid you made a mistake that could end up costing you thousands, if not millions.Read more
March 4, 2020
QuickDraw Fund Control
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The site inspection phase is an important part of the fund control process. Before a draw can be approved, the construction site must be inspected. A construction site inspection involves making sure progress is moving along according to the signed service agreement governing the lender-borrower relationship. Read more
September 15, 2019
QuickDraw Fund Control
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Over the years, the QuickDraw Fund Control team has grown into a driving force within the construction and fund control industries. The close-knit team of five has been trusted by many of the nation’s largest brands, including Rite Aid, 7-Eleven, Starbucks, Dollar General, Sprouts, Total Wine and many institutional and private lenders. Read more
September 10, 2019
QuickDraw Fund Control
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Every construction project requires many different team players, including lenders, borrowers, contractors, subcontractors, buyers and title insurers. Title insurers play a unique role throughout the process, providing protection for lenders and buyers. Recent changes in title insurance coverage have impacted the financial side of projects — for the better.Read more
July 16, 2019
QuickDraw Fund Control
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Lenders, borrowers and builders have been keeping a close watch on tariffs — and threats of tariffs — on building materials like lumber, steel, granite and marble. Just last month, “import taxes on $200 billion of Chinese goods jumped to 25%,” reports The Associated Press. In the construction industry today, the question on everyone’s mind is, “How will these tariffs impact me and what can I do about it?”Read more
July 5, 2019
QuickDraw Fund Control
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QuickDraw Fund Control, an industry-leading Los Angeles -based firm providing fund control services for commercial and residential projects across California and the U.S., recently redesigned their website following the completion of a rebranding project. Over the past few years, the firm has grown and adapted to the needs of its clients, necessitating a website-redesign and rebranding project to accurately reflect the firm’s services, expertise and qualifications.Read more
May 21, 2019
QuickDraw Fund Control
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Going into 2019, should the construction industry expect further growth or deceleration? How is the shortage of workers impacting construction firms and how are they addressing these obstacles? A dive into the findings of few recent reports can help answer these questions.
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April 26, 2019
QuickDraw Fund Control
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A project delay can start as a headache but can quickly turn into a nightmare. Causes can include governing agencies/municipalities entitlement approvals, insufficient budgeting, lack of working capital, subcontractor labor constraints, utility provider delays, and subpar project management.
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January 18, 2019
QuickDraw Fund Control
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The past year has been one for the books. Trade tariffs, rumors of trade wars, and rising prices of construction goods and materials have kept journalists busy, Twitter abuzz, and the construction industry watching closely. Tariffs have been imposed on steel imports, aluminum imports, and Chinese goods that include construction-related items.
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December 10, 2018
QuickDraw Fund Control
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But only with QuickDraw Fund Control!
On your own, juggling municipalities, contractors, and deadlines looks something like this: you spend hours sending follow-up emails, leaving voicemails, and chasing down invoices.
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December 4, 2018
QuickDraw Fund Control
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When it comes to new construction, managing invoices and payments during the course of the project can be arduous work. As new construction continues to increase, this makes having a third-party fund control partner more important than ever.Read more
November 6, 2018
QuickDraw Fund Control
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When you want to protect your construction investments, you need a fund control company that you can trust. A good fund control provider will act as a vital intermediary between the lender and the borrower. They will keep track of all stages of the project and make sure the funds are released in a timely manner throughout the construction process.Read more
November 2, 2018
QuickDraw Fund Control
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As debt financing for development proves to be an increasingly profitable market for lenders, the opportunity for borrowers to seek funding beyond traditional commercial banks has broadened--most often through private equity firms and individuals.Read more
October 17, 2017
QuickDraw Fund Control
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This month, our very own Greg Norris sat down to chat with Bill Rattazzi, Executive VP of Building and COO for Inland Communities Corp. in our exclusive podcast: Two Experts, Two Markets, Strategies for Success!Read more
August 22, 2017
QuickDraw Fund Control
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At QuickDraw Fund Control, we enjoy creating long-lasting partnerships alongside each lender and borrower client. The amount of experience under our belt has provided us with ample opportunity for repeat business with our lenders. One of those lenders is Partners Capital Solutions (PCS).Read more
August 10, 2017
QuickDraw Fund Control
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We at QuickDraw Fund Control are excited to share that our team was recently awarded the two fund control contracts. Barton Estates located in Hollywood, California and Knowlton Luxury Residences, located in The Heights in Los Angeles, California.Read more
June 26, 2017
QuickDraw Fund Control
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At QuickDraw Fund Control, we understand that the fund control process can seem complicated, but actually, it is not. That’s why we provide professional and reliable guidance for our clients throughout the entire project. We process draw requests, perform Site Inspections and make sure that you are kept updated along the way.Read more
June 16, 2017
QuickDraw Fund Control
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Invoices are a very important component of the fund control process. They are legal documents that show precisely what has been completed in the field. QuickDraw Fund Control depends on timely and accurate invoices during draw requests. An invoice helps the lenders to determine if a particular line item draw request is approved and monies can be released for funding.Read more
June 9, 2017
QuickDraw Fund Control
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Recently, QuickDraw Fund Control was awarded two construction loan projects with New Faze, a residential and commercial development company in Sacramento, California. Both of these fund control projects will go towards new single family home development projects in the Sacramento area. We’re very excited to be working with New Faze as a new borrower along with the two lenders, Partners Capital Solutions and Omni Financial, LLC who are funding the different loans.Read more
May 31, 2017
QuickDraw Fund Control
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If you are on the hunt for a fund control company to handle key duties during a construction loan, it pays to ask the right questions. This will help you find the right fund control company to protect your best interests and help make the process go as smoothly as possible for everyone involved.Read more
May 22, 2017
QuickDraw Fund Control
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Construction has been progressing on a new multi-tenant commercial construction development in Victorville, California. Ultimately, the property will house several popular restaurant chains. QuickDraw Fund Control is excited to be involved in the construction project. We’ll be providing site inspection services throughout the duration of development.Read more
May 11, 2017
QuickDraw Fund Control
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The brand new home located at 12090 Chalon Road in Los Angeles just recently went on the market at a listing price of over $5.7 million. This home is situated in the upscale community of Brentwood, just north of the world-famous Sunset Boulevard and right below the Getty Museum. Read more
May 9, 2017
QuickDraw Fund Control
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At 320 North Gunston Drive in Los Angeles, there sits a spectacular brand new home in the gated community of Brentwood Circle. This exclusive residence represents one of the most expensive custom home construction projects that QuickDraw Fund Control has provided cost review, inspection and fund control services. The home is currently listed for $12,950,000.Read more
May 3, 2017
QuickDraw Fund Control
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At QuickDraw Fund Control, we care deeply about our clients and want to help them succeed in any way we can. So when our client, Freedom Financial Funds, had an employee participating in AVON 39: The Walk to End Breast Cancer, we wanted to help.Read more
April 25, 2017
QuickDraw Fund Control
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Bad weather can wreak havoc on construction sites. When a series of storms pass through, it oftentimes results in construction delays. At QuickDraw Fund Control, this year we’ve seen weather delays impact construction progress for up to 90 days, which can be a problem when it comes to the construction loan.Read more
April 19, 2017
QuickDraw Fund Control
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Since the projects beginning in 2015, QuickDraw Fund Control has provided inspection and fund control services for the Mission Grove project, a new light industrial facility in Ontario, California. The five-building, concrete tilt-up project is located on 14 acres of land, stretching over 500,000-square feet, with construction currently in progress. Read more
April 10, 2017
QuickDraw Fund Control
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At QuickDraw Fund Control, one of the most important services we provide is processing releases. Because it’s such an important part of processing Draw Requests, we thought it’d be a good idea to share a review of QuickDraw’s release process. Take a look!Read more
April 4, 2017
QuickDraw Fund Control
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At QuickDraw Fund Control, we understand that lenders have a lot on their plate. With so many responsibilities to tend to, it is our mission to make their job easier. We do this by helping lenders navigate through the construction process. Read more
March 21, 2017
QuickDraw Fund Control
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Last week, we talked about some of the most common questions QuickDraw Fund Control gets when talking with lenders. But another popular question topic we receive centers around where we work. Oftentimes, prospective clients want to know about what areas we serve and how our team services such a variety of geographic regions throughout the country.Read more
March 10, 2017
QuickDraw Fund Control
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At QuickDraw Fund Control, our company’s goal is to reduce construction loan risk, facilitate the quick deployment of capital and provide the lender’s client with superior service. In order to do this, we create well-developed and customized services for all our clients. Interested in knowing what services we can provide?Read more
March 8, 2017
QuickDraw Fund Control
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In September 2016, QuickDraw Fund Control started its relationship with a new lending client, Fortis Capital Group, LLC. Fortis is based out of Newport Beach, California and has a strong reputation as a fast and reliable hard money lender. Read more
February 22, 2017
QuickDraw Fund Control
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We are excited for our client, Partners Capital Solutions, who recently closed two Construction Loans on two different multi-family residential development projects in Los Angeles. QuickDraw has been tapped to provide Fund Control and Inspection Services for their new Borrower, Modative.Read more
February 17, 2017
QuickDraw Fund Control
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Construction is now underway on a new multi-family development project in the heart of Koreatown, near Downtown Los Angeles. The property will feature 20 residential condominium units and provides two levels of parking. The project is being spearheaded by JK Development.Read more
February 15, 2017
QuickDraw Fund Control
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QuickDraw Fund Control recently signed on to handle the fund control and on-site inspection services for a massive new multi-family residential construction project in Ontario, California. Known as Hallmark, this project will be a four-story, two-building, 75-unit complex that also features a beautiful community pool and recreation center. It will have one- and two-bedroom units designed with the latest architecture and stunning interior design elements.Read more
January 12, 2017
QuickDraw Fund Control
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Recently, a complete remodel and renovation was completed on a beautiful custom home in Southern California’s Laurel Hills, Los Angeles neighborhood. 2737 Edwin Place quickly sold for $5,550,000, in only sixty days the project was completed.
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January 3, 2017
QuickDraw Fund Control
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Our main objective at QuickDraw Fund Control is to properly disburse and protect the lender's construction loan proceeds. From a construction loan’s beginning, it is critical that the workflow is executed correctly throughout the process. From cost reviews prior to approval through fund disbursement schedules during construction, QuickDraw helps cover all the details.Read more
December 9, 2016
QuickDraw Fund Control
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Recently, Greg Norris and Tobi Nieland of QuickDraw Fund Control attended the annual California Bankers Association (CBA) conference. One of the biggest topics of discussion was about how well the housing market is expected to do in 2017.Read more
November 28, 2016
QuickDraw Fund Control
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The National Association of Home Builders (NAHB) released their third quarter indexes for 2016. One of the most notable increases was in the Remodeling Market Index (RMI), which measures current activity in the remodeling market while also providing indicators of the market’s future.Read more
November 15, 2016
QuickDraw Fund Control
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The National Association of Home Builders (NAHB) recently released its third quarter indexes and reports have been fairly positive across the board. One of the most important measurements those in the home building industry look at is the National Association of Home Builders/First American Lending Markets Index (LMI).Read more
November 8, 2016
QuickDraw Fund Control
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In early October, construction broke ground on a new commercial project in Phoenix, Arizona. QuickDraw Fund Control is providing Inspection and Fund Control services for this exciting and beautifully detailed development.Read more
October 14, 2016
QuickDraw Fund Control
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Did you know that October is Careers in Construction Month? That means that builders all over the country are proactively seeking experienced construction workers and skilled craftsmen to join their teams. From residential to commercial to industrial, construction is back on the rise and now is a fantastic time to consider a career in that field.Read more
October 1, 2016
QuickDraw Fund Control
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