Construction Risks for LIHTC Projects – Plan for Success but Expect the Unexpected

Join Blackstone’s Sean Dundon via Live Webcast on September 8th.

Live Webcast
Tuesday, September 8, 2015
12:00 pm to 1:00 pm (EDT)

It may seem cliché, but when it comes to real estate construction, ‘time is money’.

Within the life cycle spectrum, development phase poses the greatest financial and other risks to owners and developers of multifamily tax credit projects. While the objectives seem straight forward– place building(s) in service on time, within budget and according to plans/specifications– stakeholders know all too well the issues that can arise after groundbreaking. They plan for success, but always expect the unexpected. If you have responsibility for tracking progress of multifamily buildings under construction, but lack experience dealing with the myriad of issues inherent in this life cycle phase, this training is for you.

Join Vinnie Viola, Principal of Birch Island Real Estate Consulting, LLC, and special guest Sean Dundon, Principal and co-Founder of Blackstone Consulting LLC, for an interactive webcast that examines the issues that can adversely impact timely completion and budget for LIHTC projects. The training will cover problems unique to new construction, acq/rehab and adaptive reuse/historic renovation projects and a offer an animated project financial impact case study. With nearly 50 years of combined professional experience. Sean and Vinnie will offer some practical tips for managing multifamily construction risks and answer your questions real-time.

Webcast Agenda

  • Tracking Construction Progress 101
  • Challenges with New Construction Projects
  • Issues Unique to Acq/Rehab Projects 
  • Pitfalls with Adaptive Reuse & Historic Rehabilitation Buildings
  • Case Study – Financial Impact of Construction Delays with a LIHTC Project
  • Tips to Manage LIHTC Project Construction Risks

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