Hotel Project Development & Finance Consultants

Rainmaker's focus is always on the structured finance solution that is going to get the job done for the developer.  Our philosophy is the quicker we get to the structured finance issues, the better off we all will be - especially the client.  Rainmaker adds value from the very beginning, taking the project feasibility study to a whole new level - tax-advantaged capital funding plan approaches to the equity side of financing; non-recourse construction loans require a significantly higher level of equity capital (or what amounts to the same thing) via one (1) or more of the following:

• Tax Credits.  Does the project qualify for New Markets Tax Credits?  Are there any other tax credits the project is entitled to receive pursuant to state or federal statutes?  If so, convert them into an annuity and discount them sufficiently to entice an investor to get into the deal before you finish the pre-construction period.

• Tax-Exempt Financing.  Does the project qualify for low-interest taxable or tax-exempt bond financing through a state or federal program?  If so, utilize the bond as another level of the program financing because these bonds are typically non-recourse to the developer (on a personal level).

• Condominium Sales.  Can we turn a portion of the keys into a condominium investment unit plan?  This financing can only come into play in the waning days of the construction phase, but it does play a role when properly structured.

• Tenants-In-Common Syndications.  We can always turn to the syndication market as hospitality property development programs typically create a significant equity gain once they are built out and fully stabilized.

Structured finance for commercial real estate development projects is not to be taken lightly.  Developers seeking to maintain their highest organic portfolio growth rate need to be able to get their capital up off of the table once the project commences construction.  Up until now, they didn't have the means to attempt this feat.  Welcome to the new world of commercial real estate development finance.

Find out more today.  Contact Rainmaker.