Project assessment and recovery service is in response to the credit crunch
Consultant McBains Cooper has introduced a new project assessment and recovery service comprising its in-house team of surveyors, architects and engineers.
The service is set up to react to the difficult market conditions being experienced by property lenders at present.
The firm has appointed Marcus Adam associate director to head up the new service. He will be based within the asset management team in the London office.
The service will identify, evaluate and subsequently re-focus and re-align projects ensuring that the original objectives of any development, and those of the Bank, are achieved.
In addition, Adam will work on a portfolio of development transactions, comprising a range of schemes within both the commercial and government sectors.
Joining from QS Turner & Townsend, he has over 12 years of project management and technical experience in the construction sector and has specialist experience of project recovery and PFI/PPP Due Diligence within various areas, notably the student accommodation and justice sectors.
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