SERVICES
OWNER REPRESENTATION
- 140 West 57th Street | New York, NY
- 200 West 57th Street | New York, NY
- Apthorp | New York, NY
- Bakery Square | Pittsburgh, PA
- Concourse Plaza | Bronx, NY
- Concourse Plaza Office Tower II | Bronx, NY
- Herald Center | New York, NY
- Harlem Aloft | Harlem, NY
- Miami Hotels | Miami, FL
- New York Wheel | Staten Island, NY
- Queens Atrium | Long Island City (Queens), NY

CONSTRUCTION LOAN ADMINISTRATION
Monthly reports include visual inspection of work in place and construction schedule progress, opinions on the adequacy of the funds available to complete the project, review of the borrower’s submitted cost invoices and lien waivers, analysis of construction progress against the budget line items and review of budget re-allocations.
The above ultimately concludes with approval or disapproval recommendations for funding to the borrower.

ACQUISITION DUE DILIGENCE
These reports include:
- Property condition assessments
- Property condition reports
- Capital expenditure reports and budgets
- Loan monitoring reports
- Review of third-party environmental reports
- Risk management analysis
- Remediation reports and recommendations to damaged properties
Since the inception of BCS in 2007, we have performed hundreds of reports and assessments on numerous multi-family residential properties as well as commercial and mixed use buildings both in the NY metropolitan area, as well as on the national level.

ASSET MANAGEMENT

RISK MANAGEMENT
During the due diligence phase, Broadwall Consulting Services will manage the acquisition and maintenance of builders risk coverage in order to protect all parties at risk of loss. In the event of fire, destruction or other casualty during the development phase, our management team will work closely with the professionals preparing soft and hard cost claims. Our management team will quickly prepare crucial claim items such as project schedule updates and accounting reports for lenders and insurance carriers in order to maintain funding and obtain indemnity.
For buildings out of the development cycle, BCS can provide a full range of claim preparation services in the event of fire, destruction or other casualty. Our management team works closely with strategically aligned partners such as insurance claim consultants, forensic accountants, emergency services personnel, and security for immediate response to any crisis. BCS coordinates owners, management, accounting and employees with our professionals in an attempt to understand the claims being made in order to maximize an insurance recovery.
