	RAINMAKER MARKETING CORPORATION 281.537.1200

Multifamily Housing Finance Companies...

The biggest issue facing multifamily housing finance companies today is the lack of sufficient equity capital contributions required multifamily housing, finance, companies, construction, mini-perm, equity, debt, bond, PAB to close escrow on any construction mortgage financing loan - much less qualify the project for a non-recourse loan (outside the HUD-insurance envelope). In the 1970s - 1990s the issue facing multifamily housing finance companies was how to compete against the FHA/HUD-insured market that had expanded to truly grotesque proportions. The only way to compete was to participate as HUD-approved multifamily housing finance companies (becoming HUD mortgagees).

Rainmaker Marketing Corporation's approach to multifamily project financing is to provide developers (and housing finance companies) with the opportunity to participate in a four-level equity syndication financing that may close as early as the pre-construction phase of a given multifamily housing development project's roll-out. The four-tier levels correspond to specific goals that can only be obtained by providing more equity capitalization for a given project.

Rainmaker Marketing Corporation's structured finance approach to multifamily project development financing incorporates the following key initiatives that serve to provide more at-risk equity financing:

Statutory Investment Incentives. The focus is on those investment incentives that may be part of the transaction on an entitlement basis and not subject to some qualification and award process (as is frequently the case with Low-Income Housing Tax Credits). Rainmaker reviews these matters as part of the market feasibility study deliverable, so it's waiting for the developer as soon as the start of the financial feasibility study cycle. Rainmaker's goal is simple: rework the incentive so as to create an annuity with the benefit (understanding the benefit will not be collected until the project is placed in service) to provide funds to purchase credit enhancement for the construction mortgage loan (or what amounts to the same thing).

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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?

Rainmaker Marketing Corporation can trace its history back all the way to 1989. Incorporated in 1993, Rainmaker Marketing Corporation has evolved over time into a full-service business to business consulting firm. Rainmaker Marketing Corporation’s initial specialization was in issues and documentation needs corresponding to the capital funding cycle for commercial real estate development projects with a primary focus on senior housing and health care related properties. Today, Rainmaker Marketing Corporation serves all types of commercial income-producing property development program financing requests with a combination of feasibility studies, due diligence services, structured finance consulting and a focus on commercial real estate syndication services. Rainmaker Marketing Corporation’s service area includes all of the continental United States, Canada, Mexico and the Caribbean Basin.

281.537.1200

Email: consultants@rainmakermarketing.com

Commercial Real Estate Development Finance, Due Diligence Documentation, Syndication & Project Management Consulting

15519 Dawnbrook Drive, Houston, Texas 77068.