Blog

Rabbet's 2026 State of Construction Finance Report surveyed commercial real estate developers and construction lenders about costs, contingency, draw cycles, and AI adoption. This is the eighth annual edition. The findings below are drawn directly from that survey.

A look back at Customer Connect 2026 — two days in Denver of candid conversations, new connections, and an early look at what's next for Rabbet. Save the date for 2027: May 12–13.

A complete construction draw package includes 10 core items: a cover letter, table of contents, draw summary (sources and uses), pay application (AIA 702/703) or sworn statement, invoice summary, supporting invoices, change order log, stored materials documentation, lien waivers, and certificates of insurance with supporting technical documentation.

Rabbet Central Inbox simplifies construction document intake. Vendors use one email for all documents. Rabbet's AI Document Router instantly suggests the correct project/draw, allowing for one-click confirmation. This turns a multi-step process into one reliable step, boosting accuracy and speed.

This month, we’re introducing a Timeline Management feature to enhance visibility and foster collaboration.

A draw request is a borrower's request for funds that requires submitting a comprehensive package of documents. These packages can contain hundreds of documents that need careful review and approval, which is tasked to construction loan administrators.

A lien waiver is a legal document in construction projects where contractors and vendors agree they won't place a lien against a property after receiving payment. These documents must be filled out precisely with specific information, which is why many use construction finance software to simplify the process.

Most real estate project owners aren’t strangers to budget busts. See how Rabbet eliminates the stress of budgeting and reduces cost overruns by 87%

Tired of manual tasks like data entry slowing you down? Here’s how Rabbet automates 81% of manual construction project management tasks.