Retail Project
Construction Financing - Continued...
If the availability of
retail project construction financing has your concerned, then you
should understand that you are not without alternatives to help you get
your project launched.
Turn to Rainmaker before you start the
submission process to get a reality check. The reality check
includes a review of all investment incentives (entitlements review) and
a review of the due diligence documents required for expedited
processing and underwriting consideration.
So, let's start with the due diligence review )because the
entitlements review requires actions that can't be shown on a web server
page). You may wish to bookmark this page for future
reference.
Below is a quick reference list of the basic exhibits you
must have (in electronic file format!!!) for underwriting consideration:
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Site
Control Agreement.
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Utility
Will-Serve Letters.
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Evidence
of Zoning.
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Evidence
of Construction Permitting.
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Specimen
Copy of Title Policy (all schedules).
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Executed
Construction Contract.
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Executed
MEP Services Agreement.
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Executed
Civil Engineering Services Agreement.
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Executed
Structural Engineering Services Agreement.
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Executed
Architectural Services Agreement.
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Executed
Interior Design Services Agreement.
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Executed
Property Management Services Agreement.
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Executed
Development Management Services Agreement.
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Lease
Memorandum of Agreement (Pre-Leasing).
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Approved
Development Plat.
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Site
Plan & Plot Plan.
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Market
Feasibility Study.
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Financial
Feasibility Study.
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Project
Business Plan of Operations.
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Capital
Funding Plan Proposal.
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Proposed
Construction Loan Draw Schedule.
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Schematic
Phase Architectural Design Documents.
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Schematic Phase Outline Construction Specifications. |
