	RAINMAKER MARKETING CORPORATION 281.537.1200

Assisted Living Construction Financing...

Today's capital markets provide an array of solutions for developers seeking assisted living construction financing. The biggest play in the assisted living construction financing industry assisted living, construction, financing, funding, care, facility, memory, new is the Department of Housing & Urban Development (HUD) pursuant to their Section 232 Board & Care Loan Insurance Program that provides approved mortgagees with loan insurance in the event the project goes belly-up. For the developer, the financing represents non-recourse, 40-year amortized paper that is typically priced at the NYSE Prime Rate less as much as 125 basis points. This makes the HUD program very attractive, but it is not a program for the feint of heart due to the interminably long application process that can take years (as in more than one year) to complete, thus adding an extraordinary burden to a development project in the form of additional carry costs; carrying costs that most developers can ill-afford to swallow. This has opened the door for financing assisted living projects using tax-exempt financing (Section 42 or Private Activity Bonds where eligibility exists), commercial bank financing, TIC-plan financing and/or private placement offerings of debt via the institutional market.

But that's not the end by any stretch of the imagination...

Rainmaker Marketing Corporation provides the kind of consulting support you need for a pre-submission reality check. Rainmaker Marketing Corporation provides due diligence services that include broker investigations, market feasibility studies, financial feasibility studies, structured finance funding plans, entitlement (investment incentives) reviews and application package reviews.

Why are these functions so important?

The simple answer is that your application package is the only information an underwriter will (initially) use to decide whether or not your proposal is worthy of serious underwriting consideration. Accordingly, you can't afford a single error or omission in your loan package. Not one. A review must be done by someone. The numbers have to work, the empirical assumptions have to correspond to a conservative operating case scenario and the grammar must be perfect.

How can you tell if you have the wrong package?

Nobody returns your calls.

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.