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Assisted Living
Construction Loans & Pre-Construction Phase Equity Financing - Continued...
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Rainmaker's 5-point approach to financing assisted living new
construction projects includes:
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Condominium Investment Plan Syndication. This is not a
condominium sales plan created for the purposes of providing housing
to the public - quite the contrary. In this context the
condominium plan syndication's chief goal is to provide net
proceeds, the sufficiency of which can defray the capital finance
expense for the final month of the construction phase. In
addition, the design of the plan must create positive financial
investment leverage for the project - meaning that if the
condominium plan would be anticipated to provide 13% of the total
capital funding, it would be required to do so using less than 13%
of the total project space plan and less than 13% of the total
revenues. Only Rainmaker uses a tri-level financial investment
leveraging approach to this important program component.
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Fractional Tenants-In-Common Commercial Real Estate Ownership
Plan Syndication. This isn't your father's TIC plan, but a
defined program element that is critical to the developer's goals of
being able to promote additional opportunities as quickly as
possible because the TIC plan Rainmaker creates is designed to
provide enough sales to close escrow on a construction loan.
If sales continue to accrete the next level is to allow the
developer to induce a commercial lender into making a non-recourse
construction loan. If sales then continue to accrete, then
there will come a point in time when the sales are sufficient to
allow the developer to withdraw the developer's seed capital.
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Construction Loan. The final piece of the capital
finance pie is the construction loan. Once all the other
condition precedents have been created, the developer has a
legitimate position to advocate for a construction loan to be
non-recourse.
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About
Rainmaker Marketing Corporation...
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... |
