Fund Control Services

Throughout the construction phase of your real estate project, LK Asset Advisors can manage and control all funds and fund disbursements to all parties involved. LK’s discipline in following sound accounting and business practice is key to optimizing construction risk management. LK can manage the complexities of multiple funds for different projects. We will handle the ongoing payment requests and provide the invoice support and documentation necessary to facilitate and ensure that draw requests are valid and appropriate.

LK Asset Advisors’ Funds Control and Disbursement program can significantly increase transparency to bank regulators, particularly during an audit.

LK Asset Advisors will:

  • Manage and track all incoming funds and outgoing payables
  • Review all pay application requests
  • Collection and review of supporting documentation
  • Review of the percentage of the work completed
  • Track all change orders
  • Manage all lien waiver collections
  • Provide regular financial reporting to our clientele