114 – Dan Holden – Avoiding a building disaster

About this episode

Dan Holden shares his experience with a builder going bust during a construction project and discusses how to protect against such disasters in property development.

There are few things more complicated during a property development than the builder going bust during the construction phase of a project. It puts you in a very precarious position and becomes very tricky to navigate. So many issues have to be resolved and the whole process can be very stressful and time consuming. This is exactly what happened with property developer and development financier Dan Holden from Holden Capital. During a construction phase his builder went bust through no fault of his project, and he had to scramble to fix it. I have also had my own issues with a builder facing difficulties during a building phase, so have some experience of what it is like to wonder if the building will ever be finished. Given all the turmoil in the building industry over the past few years, we look at how you can protect yourself for a building disaster and set your project up for construction success. In this episode, Dan and I discuss: The current state of the lending market and what it means for developers How to protect yourself from the chaos caused by a builder collapse What to look out for in a builder’s contract (and when to step in) How to mitigate risk during…

People in this episode

Host: Justin Gehde

Guest: Dan Holden

Topics covered

• building disaster
• property development
• risk management
• construction phase
• lending market
• builder collapse

Keywords

• property development
• builder collapse
• construction risk
• lending market
• builder contract
• cost escalation
• supply chain issues

Mentioned in this episode

Organizations: Holden Capital

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