It’s sometimes difficult for a lender to determine the extent of due diligence necessary when funding a construction project. When engaging a consultant, you are looking for a partner and guide through the pre-construction, construction, and closing stages of a project. You want the deal started on the right foot. Therefore, whether you are affiliated with a larger lending institution with an internal engineering department or your construction lending is handled on a case-by-case basis, it is important to have a trusted advisor well-versed in all aspects of construction.
Nova’s Construction Services Group consists of highly skilled engineers and architects specializing in Pre-Construction Analysis, Construction Monitoring, and Construction Management. As the eyes and ears for our clients, we help manage and minimize risk. With each project we accept, we are committed to making sure the process goes smoothly by understanding the overall scope, budget, contract, and schedule. First, we take the burden off our clients by taking initiative in the document procurement phase of a pre-construction review. To ensure a thorough and timely review, we reach out to borrowers and their architects and contractors to obtain all necessary documentation.
As a project moves forward, Nova remains at the forefront by scheduling monthly site visits and attending draw meetings to gather all information needed to make sure the project stays on track. Communication is a vital part of our success, and we take great pride in making sure our clients are well informed along the way so there are no unwanted surprises. While our reports are robust and comprehensive, we tailor each one to meet the unique needs of the project and highlight key information for ease of review.
Matt Pappalardo has recently come on board as Nova’s Director of Construction Services. Matt brings to the Nova team extensive knowledge and experience in construction monitoring and management. He specializes in projects that require aggressive response times, advanced technical support, and extensive research. He has overseen thousands of construction projects and Property Condition Assessments throughout the United States. Based out of New York City, Matt is responsible for the development and implementation of the Construction Services Group’s procedures and technical services, reporting style, and delivery process.
We are excited to bring an exceptional level of service to construction lending. Our joint successes are built on strong foundations of communication and conscientiousness. We invite you to reach out to Matt to learn more about the services we offer.
Director of Construction Services
Nova Consulting Group Inc.