Senior Housing Investors - New Opportunities

For developers of senior housing to attract senior housing investors to their rental senior housing and entry-fee senior housing projects, all necessary due diligence must be completed in advance of the listing.  Rainmaker Marketing Corporation  will require the production of certain documents and/or third-party reports be supplied prior to Rainmaker Marketing Corporation entering into a syndication agreement with the developer (or sponsor, if different from the developer).  Our goal here is to create a comprehensive disclosure of the risks that would meet the same threshold tests as would be expected in a private placement offering of securities.  

The required reporting is at the sole risk and expense of the syndication plan sponsor (the developer and/or owner/operator) and must be in form and substance satisfactory to Rainmaker Marketing Corporation in its sole judgment.

The required documents and services for a construction phase project funding include:

• Market Feasibility Study.

• Financial Feasibility Study.

• Proposed Capital Funding Plan.

• Business Plan of Operations.

• All Contracts (electronic file execution copies for the construction contract, development agreement, property management agreement, design, engineering, etc.).

• Tenants-In-Common Ownership Plan & Supporting Documents.

• Financial Statements (Project).

• Tax & Legal Opinions.

• Schematic Phase Architectural Design Documents.

• Schematic Phase Outline Construction Specifications.

• Draw Schedule.

• Value Engineering Report.

• MEP Report.

• Construction Cost Estimate (contractor's).

• Utility Will-Serve Letters.

• Approved Development Plat.

• Title & Title Insurance.

• Environmental Phase I.

• Metes & Bounds Survey, Topo Survey & Specialty Surveys.

• Letter of Intent or Bankable Loan Commitment for Construction Loan.

The required documents and services for a pre-construction phase project funding include:

• Market Feasibility Study.

• Financial Feasibility Study.

• Proposed Capital Funding Plan.

• Business Plan of Operations.

• All Contracts (electronic file execution copies for the construction contract, development agreement, property management agreement, design, engineering, etc.).

• Tenants-In-Common Ownership Plan & Supporting Documents.

• Financial Statements (Project).

• Tax & Legal Opinions.

• Conceptual Architectural Design Documents.

• Utility Will-Serve Letters.

• Approved Development Plat.

• Title & Title Insurance.

• Environmental Phase I.

• Metes & Bounds Survey, Topo Survey & Specialty Surveys.

For more information, contact Rainmaker Marketing Corporation.