TIC plan commercial real estate syndications

All TIC plan commercial real estate syndicates sponsored by Rainmaker Marketing Corporation have due diligence documentation burdens that must be satisfied prior to the issuance of the tenants-in-common purchase option contract. The due diligence documentation requirements are based upon the given phase and conform with the following:

Pre-Construction Phase Syndications. These syndications present, more or less, the highest level of commercial real estate speculation risk because the project is not fully defined (much less fully completed). The due diligence documentation required includes, but is not necessarily limited to, the following documents being delivered in electronic file format:
1. Title & Title Insurance Report.
2. Environmental Phase I Report.
3. Approved Development Plat.
4. Evidence of Permissive Zoning.
5. Evidence of Construction Permitting.
6. Utility "Will-Serve" Letters.
7. Market Feasibility Study.
8. Financial Feasibility Study.
9. Business Plan of Department Operations.
10. Capital Funding Plan Proposal.
11. Keyman Officers & Managers Resumes.
12. Contracts - Design, Engineering, Construction, Property Management & Specialties.
13. Schematic Phase Architectural Design Documents.
14. Schematic Phase Outline Construction Specifications.
15. Value Engineering Report.
16. Staffing Plan.
17. Media Management, Advertising, Marketing & Sales Plan.
18. Insurance Specimen Policies.
Construction Phase Syndications. This level would necessarily include the documents of the Pre-Construction Phase (above) and provide the following additional documents:
1. Construction Loan Commitment.
2. Takeout Loan Commitment (Perm or Mini-Perm).
3. Gross Maximum Upset Price Construction Contract.
4. Pre-Opening Operations Plan.
Post-Construction Phase Syndications. The post-construction phase syndication would include all of those items above, together with the Certificate of Occupancy that serves as the key condition precedent to closing.

If you have additional questions, then contact Rainmaker Marketing Corporation today.

Rainmaker Marketing Corporation is a consulting firm that focuses on providing the due diligence services on a business to business (B2B) basis. Rainmaker Marketing Corporation can trace its roots back to the late '80's and was formally incorporated in 1994.

Over the years, Rainmaker Marketing Corporation consultants have completed hundreds of assignments across the United States (45 states), Mexico, Canada and the Caribbean Basin. RMC's new construction project due diligence documentation services have led to the successful development of income-producing properties valued (in the aggregate) in the billions of dollars.

Take a few minutes and learn more about RMC. This website is designed to provide a wealth of planning information pertaining to the capitalization, operations, and organizational program tenets today's savvy entrepreneurial company must embrace for continued growth and success...

TIC Plan Commercial Real Estate Syndicates - Project Development Financing & Investment Opportunities