Newbanks, Inc.
ConstructionUnited States51-200 Employees
Newbanks, Inc. is a privately held construction consulting firm based in the United States and founded in 1961. It serves lending institutions, real estate investors, and owners by providing independent due diligence and project assessment, supporting informed decision-making with integrity and consistency. Over its history, the firm has managed and reviewed more than forty thousand projects, ranging from small residential developments to commercial ventures well over $100 million. Its services cover initial planning and cost evaluation for proposed construction and rehab projects, site observations, and review of pay applications for new construction. It also conducts property condition assessments for existing properties, certified needs assessments for Housing Authorities and for Fannie Mae and Freddie Mac, cost-to-complete analyses, and workout scenarios for distressed assets. As an independent third-party consultant, Newbanks emphasizes consistency and expertise, supported by engineers, architects, and construction managers, many of whom have long-tenured careers with the firm.
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