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Finance Consultants - Continued...
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Value Engineering
Report |
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MAI Appraisal of
Project Site |
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Utility
"Will-Serve" Letters |
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Construction Permit (or
evidence of its availability) |
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Zoning/Property
Entitlements |
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Property Management
(firm profile, agreement, media plan, etc.) |
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Next, an in-depth analysis
of the goals, requirements and key milestone events of the owner's program
must be created by the client company (Rainmaker Marketing Corporation will give you direction on
this matter); then |
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Next, a pro forma financial
presentation must be developed that is predicated upon the findings of the
market feasibility study, the statutory entitlement review's findings and
the owner's program, each in terms of the other. Rainmaker typically
charges $7,500 to $15,000 for the pro forma financial presentation (this
document is quite lengthy - over 300 pages in most circumstances); then |
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Next, a condominium
financing plan must be considered in terms of its potential impact on the
capital funding plan; then |
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Next, the project team
needs to be qualified and documented for the benefit of the syndication;
then |
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Next, the proposed capital
funding plan is created and the requirements for the TIC
Syndication Plan are generated; then |
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Next, the syndication
"goes live" for a 90-day orderly market exposure. If
$2,500,000 in syndication sales (100 $25,000 units) is achieved the
developer/sponsor must close and the syndication sales continue until the
syndication is completely sold out (or until the market no longer is
interested). If the $2,500,000 in sales is not met, the
developer/sponsor has no obligation to close and accept the funding. |
Get some answers for your
capital funding needs. Call us for a free initial
consultation.
For those clients who are
seeking structured finance consulting services for the purposes of providing a
comprehensive private
placement securities offering due diligence report presentation, then
Rainmaker Marketing Corporation should be on the short-list. Rainmaker
Marketing Corporation's structured finance consultants focus on creating the due
diligence documentation requirements that are commonly cited in a securities
float private
placement offering memorandum. You can be the issuer of securities or
you can participate in a fractional real estate syndication that utilizes the
real property fractional ownership (tenants-in-common) approach to provide
capital funding for the real estate development project. The choice is
yours, but Rainmaker believes the overall cost of issuance and cost of capital
issues are better served in the fractional approach because:
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Syndication fees are set by
the market and not arbitrarily at some pre-determined level by the
investment banker; and |
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A private placement
offering memorandum is not prepared thereby saving tens of thousands of
dollars in legal fees for the development of the PPM (private placement
offering memoranda are usually referred to as "PPMs"); and |
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The amount of sales has
nothing to do with who owns what and who gets what. This means the
financial investment leverage benefit inures to the developer/sponsor/s
benefit; and |
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The funding can be applied
at the pre-construction phase, construction phase or post-construction
phase, thus multiplying the investment leverage potential yet again. |
Want to learn more? Call us for a free initial
consultation.
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Do
You Know The Secret?
When it comes to commercial real
estate development finance, it doesn't matter whether you need to raise
$5 million or $50 million, the out-of-pocket costs, advance fees and
project due diligence costs will always require the same relative
investment dollars the promoters have to fund. Do you know what
that amount is? Do you know the Secret? |
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