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For developers and sponsors, Rainmaker's commercial real estate development
finance due diligence services are a tailor-made solution for completing the
tasking associated with a commercial real estate development
financing. Most commercial real estate development finance due
diligence services providers focus on the private placement offering approach,
while others focus on the fractional ownership tenants-in-common services
approach associated with commercial property syndications, but very few offer
services to clients seeking private
placement offerings and equity syndications via the fractional ownership
syndication route. Rainmaker offers consulting support both for private
placement offerings of debt and/or equity securities due diligence documentation
requirements. Rainmaker does NOT market, sell, aggregate and/or wholesale
securities of any kind (equity or debt), so preparation of the required due
diligence documentation and presentation support is, more or less, as far as Rainmaker can
take a private placement offering, but commercial real estate syndications are a
totally different matter and you should consider this approach because of the
financial investment leverage that fractional real estate syndications can
create for the developer (or owner/operator, as the case may be).
On the other hand, the commercial
real estate fractional ownership syndication is supported by an affiliate of
Rainmaker pursuant to a tenants-in-common ("TIC") plan ownership
syndication contract. Rainmaker enters into a purchase agreement for the
sale of the project site. Each syndication is for no less than $2,500,000
and each syndication that involves new construction is a two-part syndication if
the initial syndication is a success. In all new construction programs,
the syndication is sized based upon the $2.5 million minimum or the amount
required to close the equity gap (the difference between the total development
cost of the project and the origination amount of the construction and
perm/mini-perm loan). If the developer and/or sponsor are seeking
construction financing for a new construction project and are planning on using
the syndication approach, Rainmaker will not prepare a formal market feasibility
study for the project because of the appearance of a potential
conflict-of-interest between Rainmaker and our syndication affiliate. All
other remaining feasibility documentation activities may be supported and/or
performed by Rainmaker Marketing Corporation (except where legal or tax opinions
may be required and/or activities requiring a professional license such as
engineering reports and studies).
What does all this mean to you?
Rainmaker Marketing Corporation and Rainmaker's affiliates have the
combination of services you are seeking to document the feasibility of your
project and then move it forward with a syndication program that is second to
none. Take some time and find out more. Start things rolling with a
consultation about your project. We're more than happy to give you some
"transaction metrics" you can work with in creating your own path to
success in the market. Once you understand the basic transaction metrics
you can move your project forward knowing that as soon as you complete the
required transaction documentation requirements, you'll be set to undertake a
syndication as early as the pre-construction phase of the project's
genesis. What more could you want?
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