KRTP Development Department

KRTP’s Development Business Advisory Department specializes in comprehensive cooperation with buildings construction developers. Using many years of banking experience, we support investors in the construction industry during conduction of their investments. Due to our interdisciplinary knowledge, our company distinguishes itself from the competition by comprehensive service for each investment, during which we are its participants from the moment of commencement to the final settlement.

Services

Most companies on the market provide the service only until obtaining a loan, which means that they can be defined as a typical broker. By entrusting us with a project, the Client can be sure that his investment will be monitored at every stage, which distinguishes us from the competition. In addition, due to the team of specialists such as a real estate appraisers, financial analysts (banking experience from the development department), legal councils, attorneys-at-law and tax advisors, all our services, recommendations and studies are interrelated and complement each other. Such a combination balances the effectiveness of the investment itself and the safety of the investor himself, which makes the solutions we propose optimal. We also work with an architectural office and construction managers who are able to provide support as investor's supervision.

Stages

We usually conduct our activities in stages:

Real estate due diligence (in case the investor is considering the effectiveness and safety of the investment);
Initial assessment of the possibility of obtaining financing sources (commercial banks, cooperative banks, private capital, investment funds);
Choosing the optimal solution and preparing all documentation (appraisal, business plan, loan / fund applications)l
Negotiations with financing institutions in terms of conditions and their detailed analysis (in line with our practice, we try to provide at least 2 sources of financing to secure the client's interest, while having greater negotiation opportunities and the possibility of comparing them);
Recommendation regarding the choice of solution (a synthetic list of all financial conditions and covenants regarding activation and monitoring);
Full monitoring of investments (settlement of escrow accounts, payments from buyers, investment construction progress, reporting for financing institutions);
Supervising the fulfillment of bank investment conditions (business and financial covenants).