Overall construction input prices are 2.1% higher than a year ago, while nonresidential construction input prices are 2.2% higher. Prices decreased in 2 of the 3 energy subcategories last month (crude petroleum 6.6% and unprocessed energy materials 6.6% decrease while natural gas up 1.7%). https://lnkd.in/g-cUjmHR
Rabbet
Software Development
Austin, TX 2,819 followers
Accelerate your construction finance process.
About us
Rabbet accelerates your construction finance process by eliminating inefficiencies, reducing errors, and helping you scale your projects with intelligent financial management software. Today, construction finance information is trapped in disconnected spreadsheets, PDFs, and emails, creating unnecessarily manual processes. Without a standardized information exchange, construction financing is slow, inefficient, and siloed. Offering a solution for real estate developers and construction lenders, Rabbet is the only construction finance platform that parses documents and connects information for reduced administrative burden and faster funding.
- Website
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http://rabbet.com
External link for Rabbet
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Austin, TX
- Type
- Privately Held
- Founded
- 2017
Locations
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Primary
Get directions
Austin, TX 78752, US
Employees at Rabbet
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KP Reddy
Venture Capitalist and Advisor to Execs of the ENR 500 and the firms that aspire to be. Investing capital and time into entrepreneurs and leaders…
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Vince Heaton
VP of Sales, Rabbet | Connecting the Construction Economy
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R. William M.
CEO, Rabbet | Connecting the Construction Economy
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Michael Skiba
Simplifying Construction Finance at Rabbet
Updates
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Is the commercial real estate market stabilizing? The latest insights from Altus Group indicate cautious optimism, with improving fundamentals in sectors like industrial and multi-family properties. As we navigate these changes, the focus is on operational efficiency and strategic portfolio management - areas where Rabbet excels! https://lnkd.in/guchwxdB #CommercialRealEstate #CRE #MarketTrends #InvestmentOpportunities
Is a more stabilized environment on the horizon for CRE? A panel of our valuation experts recently got together to discuss commercial real estate industry sentiment and what that might mean heading into the second half of 2024. The webinar touched on a variety of topics, including current market conditions and sentiment around transaction intentions. Learn more: https://lnkd.in/guchwxdB #CRE #CommercialRealEstate #RealEstateTrends
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Top priority for lenders in the #CRE space in 2024? Nearly 60% are looking to invest in tools to help manage risk as well as report and analyze the data across CRE projects. Want to learn more about the priorities and challenges facing lenders in 2024? Get more insights from Rabbet's State of Construction Finance Report. #CRElending #CRElenders https://lnkd.in/gj-MeKMa
2024 State of Construction Finance Report
info.rabbet.com
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Rabbet is excited to welcome Vince as the newest member of the team!
I’m excited to share that I’m starting a new position as VP of Sales at Rabbet!
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According to the OCC, credit risk is increasing, especially in the multifamily and office sectors. #CRELending https://lnkd.in/gQ_bvFcg
OCC Report Highlights Key Risks in Federal Banking System
occ.treas.gov
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Banks with more than $100 billion in assets with loans on non-owner-occupied buildings, saw 4.4% in delinquent or nonaccrual status in 2024 Q1, up 30 basis points from 2023 Q4. The net charge-off rate for those banks and loans was more than 1.1% in Q1. For banks below $100 billion in assets, or big banks with owner-occupied loans, the percentage delinquent or nonaccrual was under 1.0%. #CRELending
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Nearly 8 out of 10 property developers cite investing in process improvements as the number one priority for 2024 as a way to overcome their top challenge around project and portfolio visibility. Want to learn more insights from fellow developers? Download Rabbet's 2024 State of Construction Finance Report. https://lnkd.in/gj-MeKMa #CRE
2024 State of Construction Finance Report
info.rabbet.com