The high-intensity closing process is complete! Now the fun part of development begins: construction, where the building finally takes shape. What are the roles during the construction phase, and what are the best practices to successfully navigate this phase of the project?
In this training, we will cover the fundamentals of construction management. You will gain an understanding of:
- An overview of key parties involved, their roles, and how to effectively run OAC meetings
- Construction budgets, schedule delays, and risk management
- The draw process and coordination with lenders
- Wrapping up construction and transitioning into lease-up
Whether you are preparing for your first construction project or looking for a refresher, this session will provide practical guidance, foundational knowledge, and tools to help you manage construction with confidence.