We at QuickDraw Fund Control are always excited to learn about new technologies in the construction industry. With fuel prices at all-time highs, this sure looks like a smart and green solution! Read more
March 25, 2022
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After reaching historic highs during the pandemic, lumber prices are finally trending downward.
A combination of factors, including mill shut-downs, tariffs, massive forest fires that burned future stock and the demand for new housing, renovations and other at-home projects, have all contributed to the unprecedented demand for construction-grade lumber since mid-2020. Read more
July 2, 2021
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In moments, it feels really weird.
For this edition of “Feet on the Street,” our content comes from an interview with Mr. Justin Esayian, a good friend and Senior Vice President of The Hoffman Company, a leading land brokerage firm that serves California and Nevada. As always, we hope you enjoy.Read more
August 31, 2020
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Steve Board joined QuickDraw Fund Control as Relationship Manager in August 2020, bringing with him more than 35 years of experience fostering customer relationships for such notable companies as Google, Cisco, AT&T, Ricoh, Wells Fargo, Bank of the West, IBM and many more. Steve has won multiple awards for service excellence, reflecting his talent for connection and commitment to creating a seamless customer experience.Read more
August 27, 2020
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Jeremy Noble brings supercharged energy and fresh ideas to QuickDraw Fund Control in his role as Systems Analyst and Software Developer. A recent cum laude graduate of Cal State University, San Bernardino, Jeremy worked for QuickDraw while he was earning his degree in computer science. After a stint in med tech following graduation, Jeremy was delighted to return QuickDraw in April 2020 as a key member of the team tasked with helping the company sort its systems challenges and bring its technology up to date.Read more
August 25, 2020
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It’s all Surging: Homes Sales and Suburban Sprawl, COVID-19, Material Prices and Looming Shortages
For this edition of Feet on the Street, our content comes from multiple companies within and around the building industry. We hope you enjoy!Read more
August 10, 2020
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As businesses slowly start to re-open across California, construction schedules are filling up and contractors are heading back to work. An air of optimism is helping propel projects forward and encouraging workers to return with a renewed sense of purpose and commitment. Read more
June 25, 2020
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In mid-2018, QuickDraw Fund Control was selected to provide Inspection and Fund Control services for the renovation of the property located at 1250 Bel Air Road, Los Angeles, CA 90077. For this project, we worked with Skylark Capital Management, Inc and Roman James Design Build.Read more
June 11, 2020
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It’s like navigating a shipping lane, and your GPS went out. You know where you are and where you’re going, but the map and weather forecast are gone. Everyone’s trying to figure it out.
Read more
May 18, 2020
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Like politics, all market conditions and construction progress are local.
This week, we continue to provide information, new trends and real-time updates to what we saw and learned across different construction platforms and locations.
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April 21, 2020
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It has been another fluid week of firsts.
We saw firsthand and spoke with clients in Washington, Ohio, Nevada and California.
In California, a series of rainstorms dropped record amounts of April rain, which unfortunately impacted construction progress.Read more
April 13, 2020
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When news of the virus emerged, our phones starting ringing with calls from our Lender clients. Like all of us in our respective spaces, they wanted to know what was happening in the field and what QuickDraw Fund Control was seeing firsthand.Read more
April 7, 2020
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Every day you dig through piles of paperwork, update dozens of spreadsheets and juggle demanding calls from clients, contractors and everybody else involved in the construction project. Every day you wonder how much further your mind can stretch, managing it all, and maybe you wake up in the middle of the night afraid you made a mistake that could end up costing you thousands, if not millions.Read more
March 4, 2020
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Greg Norris, Principal and Founder of QuickDraw Fund Control, an industry-leading Los Angeles-based firm providing fund control services for commercial and residential projects, has committed to serving as a board member for three years on the BICA Board of Directors, a Rancho Cucamonga-based company providing credit services to the construction industry, in a business development capacity.Read more
February 4, 2020
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The site inspection phase is an important part of the fund control process. Before a draw can be approved, the construction site must be inspected. A construction site inspection involves making sure progress is moving along according to the signed service agreement governing the lender-borrower relationship. Read more
September 15, 2019
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Over the years, the QuickDraw Fund Control team has grown into a driving force within the construction and fund control industries. The close-knit team of five has been trusted by many of the nation’s largest brands, including Rite Aid, 7-Eleven, Starbucks, Dollar General, Sprouts, Total Wine and many institutional and private lenders. Read more
September 10, 2019
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Every construction project requires many different team players, including lenders, borrowers, contractors, subcontractors, buyers and title insurers. Title insurers play a unique role throughout the process, providing protection for lenders and buyers. Recent changes in title insurance coverage have impacted the financial side of projects — for the better.Read more
July 16, 2019
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Lenders, borrowers and builders have been keeping a close watch on tariffs — and threats of tariffs — on building materials like lumber, steel, granite and marble. Just last month, “import taxes on $200 billion of Chinese goods jumped to 25%,” reports The Associated Press. In the construction industry today, the question on everyone’s mind is, “How will these tariffs impact me and what can I do about it?”Read more
July 5, 2019
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QuickDraw Fund Control, an industry-leading Los Angeles -based firm providing fund control services for commercial and residential projects across California and the U.S., recently redesigned their website following the completion of a rebranding project. Over the past few years, the firm has grown and adapted to the needs of its clients, necessitating a website-redesign and rebranding project to accurately reflect the firm’s services, expertise and qualifications.Read more
May 21, 2019
QuickDraw Fund Control
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The past year has been one for the books. Trade tariffs, rumors of trade wars, and rising prices of construction goods and materials have kept journalists busy, Twitter abuzz, and the construction industry watching closely. Tariffs have been imposed on steel imports, aluminum imports, and Chinese goods that include construction-related items.
Read more
December 10, 2018
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As debt financing for development proves to be an increasingly profitable market for lenders, the opportunity for borrowers to seek funding beyond traditional commercial banks has broadened--most often through private equity firms and individuals.Read more
October 17, 2017
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At QuickDraw Fund Control, we understand that the fund control process can seem complicated, but actually, it is not. That’s why we provide professional and reliable guidance for our clients throughout the entire project. We process draw requests, perform Site Inspections and make sure that you are kept updated along the way.Read more
June 16, 2017
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Invoices are a very important component of the fund control process. They are legal documents that show precisely what has been completed in the field. QuickDraw Fund Control depends on timely and accurate invoices during draw requests. An invoice helps the lenders to determine if a particular line item draw request is approved and monies can be released for funding.Read more
June 9, 2017
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Recently, QuickDraw Fund Control was awarded two construction loan projects with New Faze, a residential and commercial development company in Sacramento, California. Both of these fund control projects will go towards new single family home development projects in the Sacramento area. We’re very excited to be working with New Faze as a new borrower along with the two lenders, Partners Capital Solutions and Omni Financial, LLC who are funding the different loans.Read more
May 31, 2017
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If you are on the hunt for a fund control company to handle key duties during a construction loan, it pays to ask the right questions. This will help you find the right fund control company to protect your best interests and help make the process go as smoothly as possible for everyone involved.Read more
May 22, 2017
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Construction has been progressing on a new multi-tenant commercial construction development in Victorville, California. Ultimately, the property will house several popular restaurant chains. QuickDraw Fund Control is excited to be involved in the construction project. We’ll be providing site inspection services throughout the duration of development.Read more
May 11, 2017
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The brand new home located at 12090 Chalon Road in Los Angeles just recently went on the market at a listing price of over $5.7 million. This home is situated in the upscale community of Brentwood, just north of the world-famous Sunset Boulevard and right below the Getty Museum. Read more
May 9, 2017
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At 320 North Gunston Drive in Los Angeles, there sits a spectacular brand new home in the gated community of Brentwood Circle. This exclusive residence represents one of the most expensive custom home construction projects that QuickDraw Fund Control has provided cost review, inspection and fund control services. The home is currently listed for $12,950,000.Read more
May 3, 2017
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At QuickDraw Fund Control, we care deeply about our clients and want to help them succeed in any way we can. So when our client, Freedom Financial Funds, had an employee participating in AVON 39: The Walk to End Breast Cancer, we wanted to help.Read more
April 25, 2017
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Since the projects beginning in 2015, QuickDraw Fund Control has provided inspection and fund control services for the Mission Grove project, a new light industrial facility in Ontario, California. The five-building, concrete tilt-up project is located on 14 acres of land, stretching over 500,000-square feet, with construction currently in progress. Read more
April 10, 2017
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At QuickDraw Fund Control, one of the most important services we provide is processing releases. Because it’s such an important part of processing Draw Requests, we thought it’d be a good idea to share a review of QuickDraw’s release process. Take a look!Read more
April 4, 2017
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At QuickDraw Fund Control, we understand that lenders have a lot on their plate. With so many responsibilities to tend to, it is our mission to make their job easier. We do this by helping lenders navigate through the construction process. Read more
March 21, 2017
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Last week, we talked about some of the most common questions QuickDraw Fund Control gets when talking with lenders. But another popular question topic we receive centers around where we work. Oftentimes, prospective clients want to know about what areas we serve and how our team services such a variety of geographic regions throughout the country.Read more
March 10, 2017
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At QuickDraw Fund Control, our company’s goal is to reduce construction loan risk, facilitate the quick deployment of capital and provide the lender’s client with superior service. In order to do this, we create well-developed and customized services for all our clients. Interested in knowing what services we can provide?Read more
March 8, 2017
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In September 2016, QuickDraw Fund Control started its relationship with a new lending client, Fortis Capital Group, LLC. Fortis is based out of Newport Beach, California and has a strong reputation as a fast and reliable hard money lender. Read more
February 22, 2017
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We are excited for our client, Partners Capital Solutions, who recently closed two Construction Loans on two different multi-family residential development projects in Los Angeles. QuickDraw has been tapped to provide Fund Control and Inspection Services for their new Borrower, Modative.Read more
February 17, 2017
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Construction is now underway on a new multi-family development project in the heart of Koreatown, near Downtown Los Angeles. The property will feature 20 residential condominium units and provides two levels of parking. The project is being spearheaded by JK Development.Read more
February 15, 2017
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QuickDraw Fund Control recently signed on to handle the fund control and on-site inspection services for a massive new multi-family residential construction project in Ontario, California. Known as Hallmark, this project will be a four-story, two-building, 75-unit complex that also features a beautiful community pool and recreation center. It will have one- and two-bedroom units designed with the latest architecture and stunning interior design elements.Read more
January 12, 2017
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Our main objective at QuickDraw Fund Control is to properly disburse and protect the lender's construction loan proceeds. From a construction loan’s beginning, it is critical that the workflow is executed correctly throughout the process. From cost reviews prior to approval through fund disbursement schedules during construction, QuickDraw helps cover all the details.Read more
December 9, 2016
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Recently, Greg Norris and Tobi Nieland of QuickDraw Fund Control attended the annual California Bankers Association (CBA) conference. One of the biggest topics of discussion was about how well the housing market is expected to do in 2017.Read more
November 28, 2016
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The National Association of Home Builders (NAHB) released their third quarter indexes for 2016. One of the most notable increases was in the Remodeling Market Index (RMI), which measures current activity in the remodeling market while also providing indicators of the market’s future.Read more
November 15, 2016
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The National Association of Home Builders (NAHB) recently released its third quarter indexes and reports have been fairly positive across the board. One of the most important measurements those in the home building industry look at is the National Association of Home Builders/First American Lending Markets Index (LMI).Read more
November 8, 2016
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In September, construction began on a new residential project for QuickDraw Fund Control. The multi-level, 9,000 square foot custom home is located in the Post Office neighborhood of Beverly Hills, on Beverly Crest Drive. This hillside property’s prime location features expansive views of the Los Angeles Basin. The modern architectural design, led by ID Group, will feature designer finishes and state-of-the-art elements, such as a structural pool and Jacuzzi, and a massive deck that will showcase the property’s stunning views.Read more
October 25, 2016
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In early October, construction broke ground on a new commercial project in Phoenix, Arizona. QuickDraw Fund Control is providing Inspection and Fund Control services for this exciting and beautifully detailed development.Read more
October 14, 2016
QuickDraw Fund Control
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Did you know that October is Careers in Construction Month? That means that builders all over the country are proactively seeking experienced construction workers and skilled craftsmen to join their teams. From residential to commercial to industrial, construction is back on the rise and now is a fantastic time to consider a career in that field.Read more
October 1, 2016
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