Granite Now Offers Workout Consulting Services for Residential and Commercial Real Estate

Granite Loan Management (GLM) and Granite Commercial Management (GCM), the experts in risk management for residential and commercial construction lending respectively, offer specialized services in construction workouts for foreclosure, bank-owned and distressed properties.

Denver, Colorado (PRWEB) June 10, 2009 -- Granite Loan Management (GLM) and Granite Commercial Management (GCM), the experts in risk management for residential and commercial construction lending respectively, offer specialized services in construction workouts for foreclosure, bank-owned and distressed properties.

With more than 10 years in construction project management, the experts at Granite assess the current state of their construction portfolio and manage the projects through completion using an innovative reporting system and online technology to provide real-time project status. Granite provides lenders a direct snapshot of each distressed property to determine the necessary course of action to complete the project on-time, on-budget and free of mechanics' liens.

GCM assists lenders with real estate workouts in the capacities including exit strategy consulting, loan resolution recommendation, REO analysis, BPO reporting, site inspection, title review and analysis, project zoning analysis, project permitting analysis, construction contractor replacement, bid evaluation, forensic inspections. construction build-out cost analysis, cost-to-complete inspections, property preservation, monitoring, construction completion and project management.

To learn more about Granite's fund control and construction workout services, visit www.constructionreo.com, or call 888.456.4888.

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