The Project Trustee: A PropTech Innovation

​

In the construction industry, it is typical for developers to practice monthly payment holding for 30+ days. This is to diminish the risk of payment on any work that was not completed to standards within the prior month. These untimely payments in scale greatly injure the profitability and cash flow stability of prefab suppliers and subcontractors. Payment delay between developers and contractors reduces the productivity of the subcontractors, which increases the risk of project delays.

​

Our team seeks to become the third-party fund manager that both sides can trust to distribute payment in a timely manner when project milestones are reached. Our Mission is to revolutionize the construction industry by creating a timely, equitable, and trustworthy payment system that expedites project milestone delivery. While we hold the funds during the duration of the project, we put the money into low-risk investments to generate a return. Our investment strategy is savvy and disciplined, with a bias towards liquid assets such as treasury bonds, stocks, mutual funds, and money market funds. 

​

​