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If you are a developer, owner/operator or non-profit entity intending to
acquire commercial construction financing for your project, then it may be time
for you to have an initial consultation with Rainmaker Marketing
Corporation. Rainmaker can help you navigate the totality of the
commercial construction financing continuum. Rainmaker isn't a
"gatekeeper", but a "gate crasher" in commercial real estate
development financing because we create capital funding proposals and due
diligence documentation to help our clients undertake their capital funding
cycle with confidence. Rainmaker's focus is on the following key
elements of your project:
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Limiting
recourse via the incorporation of entitlement incentives to enhance loans, institutional
placement contacts for development financing and permanent financing.
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Reduce
underwriting requirements by providing clients with comprehensive due
diligence documentation support including market
feasibility studies, financial
feasibility studies, capital
funding plan proposals and business
planning services to create a seamless due diligence presentation.
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Lender/Investor
due diligence. You'll be able to react quicker to the needs of the
lender by having Rainmaker assist you with reviewing the terms and
conditions of all offers and respond in a timely manner. Timely
responses are an absolute must as institutional investors receive tons of
unsolicited submissions that never go further than the mass mailing of a
business plan that has no hope of being funded.
You may also
need to understand what your alternatives might look like. Quite
frequently Rainmaker consultants find that the capital funding proposal is
treated much more like a car loan credit application and not as a business deal
that incorporates entitlements, investor incentives, wraps or any of the other
hybrid financing components that serve to leverage out risk, increase financial
investment leverage and/or create an outcome that allows for future growth of
the developer at the highest sustainable rate. Turn
the page and take a quick look at Rainmaker Marketing Corporation. Our
initial work will be to review all entitlements - that means New
Markets Tax Credits (NMTCs), Brownfields Tax Credits, Historical Tax
Credits, federal subsidies, state subsidies, TIF
plans and CDD plans. We want a complete picture so we can create a
solution that makes every one of your development dollars stretch just a bit
further because your pre-development phase funding represents the hardest
dollars to raise, the easiest dollars to spend and the hardest dollars to
justify to investors and lenders in the market today. Rainmaker focuses on
structures that allow the entitlements and incentives to be (in effect) separate
investment contracts that are not necessarily tied to the construction, the real
estate and/or the ultimate success of the resulting venture. When we
approach the funding paradigm from this angle, more possibilities of outcomes
are created for your benefit.
Finally, we
have created (through an affiliate) an equity syndication program based upon the
sale of fractional real estate ownership interests (tenants-in-common approach)
to provide equity financing as early as the pre-construction phase for projects
having a development budget of at least $2.5 million.
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