Rabbet
Rabbet is a construction and real estate finance platform for developers and lenders that centralizes draw packages, budgets, loan covenants, and project documents so capital moves with fewer manual steps and clearer portfolio risk signals.
Rabbet targets two sides of construction finance: real estate developers who fund ground-up, value-add, and capex work, and lenders plus capital partners who administer construction loans. The product ties budgets, invoices, lien waivers, contracts, and draw workflows into one system so teams stop rebuilding spreadsheets for every funding event (Rabbet, 2026).
On the development side, marketing materials highlight lender-ready draw packaging, variance tracking between actuals and anticipated costs, and portfolio dashboards for cost-to-complete and cash needs. On the lending side, the same stack is positioned for construction loan administration, covenant checks, and portfolio reporting. The vendor states that more than one hundred billion dollars in real estate capital flows through the platform, which signals scale for enterprise buyers (Rabbet, 2026).
Automation shows up in document intake: features such as Central Inbox and AI-assisted routing aim to place inbound files on the correct project or draw with less manual sorting. Integrations listed for developers include common accounting and AP tools such as QuickBooks, Yardi, MRI, Bill.com, NexusPayables, and AvidXChange so invoice feeds can refresh cost data; lender-focused pages reference API-style integration work for connecting servicing stacks (Rabbet, 2026).
Benchmark claims on the developer overview include roughly six days faster funding cycles, about seventy-five percent less manual work, and elimination of spreadsheet errors in cited studies, but your results will depend on portfolio size and prior tooling (Rabbet, 2026). SOC 2 and published uptime targets are part of the trust story for regulated buyers.
Specifications
Pricing
Platforms
Used for
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Tasks
Pros and cons
Pros
- Dual product lines speak the language of both equity-side developers and debt-side lenders.
- Strong emphasis on automation for document-heavy draw and lien waiver packages.
- Named integrations with major real estate accounting stacks and published API materials for lenders.
Cons
- Tiered packaging for developers versus lenders can make scoping calls longer for diversified holding companies.
- AI routing features need clear governance so teams trust automatic filing on large draws.
- Not a substitute for BIM clash or scheduling tools; it manages money and documents, not 3D coordination.
Key features
Construction draw packaging: Assembles draw submissions with linked documents and summaries as approvals progress.
Budget and forecast views: Tracks actuals against anticipated costs with variance signals for owners and finance teams.
Document control: Stores contracts, invoices, lien waivers, and related files with extraction for audits and draws.
Covenant and rule checks: Automated rule engine for loan compliance with alerts when metrics drift.
Portfolio dashboards: Cross-project views of funding status, draws, and risk for lenders and large developers.
Accounting and AP integrations: Connectors toward QuickBooks, Yardi, MRI, Bill.com, NexusPayables, and AvidXChange for invoice sync.
Developer and lender APIs: Documented integration paths for lender technology stacks and partner implementations.
Pricing
Tiered subscription (see vendor)
Contact sales
Developer and lender pricing pages list tiers; confirm annual fees and user counts on rabbet.com before purchase.
Frequently asked questions
What does Rabbet do for construction lenders?
Rabbet provides a centralized workspace for construction loan administration: document storage, covenant tracking, dashboards, and workflows aimed at construction draws. Banks and debt funds use it to standardize reviews and see portfolio-level risk instead of email chains.
Can real estate developers use Rabbet without a lender on the platform?
The developer edition focuses on budgets, draws, and document packages that lenders expect. You can adopt it for internal controls even if your lender only receives PDF packages, but the biggest payoff comes when both sides align on data.
Does Rabbet integrate with QuickBooks or Yardi?
Yes. The vendor publishes integration pages for QuickBooks Online, Yardi Voyager, MRI, Bill.com, NexusPayables, AvidXChange, and others so invoice data can sync into the development budget. Verify connector edition and hosting model with your implementation team.
How is Rabbet priced?
Rabbet lists separate pricing pages for developers and lenders with tiered plans. Exact fees change with portfolio size and modules, so use the official pricing pages or sales calls for a binding quote.
Is Rabbet only for multifamily projects?
No. Marketing covers ground-up, value-add, and capex programs across commercial real estate types. The multifamily cost calculator is one resource, not a product limit.
Does Rabbet replace Procore or Autodesk Construction Cloud?
It overlaps on financial and document workflows, not on jobsite execution or model coordination. Many teams pair Rabbet with PM systems: Rabbet owns draw and lender packages while the other system tracks field progress.