[ad_1]
Rabbet releases 2021 construction financial status report
Rabbet is a leading provider of construction financing software for commercial real estate lenders and developers. Today, it released the “2021 Construction Financing Status Report”, which explores in depth how the processes and concepts of construction financing have changed, and how these processes will continue in the future . The main findings include:
-
60% of respondents use more digital processes than before the pandemic
-
95% of respondents believe that part of their process can be automated to reduce time and errors
-
More than one-third of lenders and 40% of developers have no confidence in the safety of their processes
To compile data, Rabbet distributes a questionnaire every year to lenders and developers representing different portfolio sizes. This year’s report documented how respondents across the United States responded to the impact of the pandemic on their construction financing…
The full story on Benzinga.com
[ad_2]
Source link
