Midland offers a full range of third-party construction loan administration services. Our Construction Loan Administration group gives clients an effective and efficient mechanism to administer construction loans and manage their construction lending risk.

Our proven experience includes out-of-the-ground office, retail, hospitality, residential and multifamily housing construction; condominium conversions; major mall rehabilitations, phased expansions and out-parcel developments; substantial renovations; and distressed property asset administration.

For new projects, we are typically engaged prior to closing, at which time we complete a document and budget review, participate in closing activities and attend the initial planning meeting. Our post-closing services include construction and budget monitoring, disbursement administration, title management, loan servicing, and reporting. We maintain a strong risk management focus with a particular emphasis on mitigating contractual, budget, design and scheduling risks and have experience in the management, resolution and disposition of under-performing and defaulted construction loans.

For statistics on our Construction Loan Administration portfolio, please check out our Fact Sheet.