hotel real estate investment syndicates

Most hotel syndications are undertaken at the commencement of construction to provide the developer with gap financing that makes hotel projects possible.

This page provides the necessary due diligence disclosures for a hotel project that is seeking pre-construction phase project financing:

Complete incorporation filings on the sponsor entity and developer entity (if different).
Copy of all by-laws and/or operating agreements.
Title.
Title Insurance.
Design/Build Pre-Construction Phase Services Agreement.
Property Management Agreement.
Property Development Management Agreement.
Property Franchise Agreement.
Evidence of Construction Financing (Construction Loan Commitment).
Evidence of Permanent Financing (Takeout Loan Commitment).
Approved Development Plat.
Utility "Will-Serve" Letters.
Environmental Phase I Report.
Value Engineering Report.
Architectural Schematic Phase Design Documents.
Schematic Phase Outline Construction Specifications.
Property Surveys (metes & bounds, encroachments and topo).
Entitlements Agreements (local, state and federal levels).
Proposed Tenants-In-Common Fractional Ownership Contract (specimen).
Market Feasibility Analysis Report.
Pro Forma Financial Presentation or Financial Feasibility Study.
Business Plan of Department Operations.
Capital Funding Proposal.
Project Staffing Plan.

There may be additional requirements that apply on a case by case basis.

Rainmaker Marketing Corporation is a consulting firm that focuses on providing the due diligence services on a business to business (B2B) basis. Rainmaker Marketing Corporation can trace its roots back to the late '80's and was formally incorporated in 1994.

Over the years, Rainmaker Marketing Corporation consultants have completed hundreds of assignments across the United States (45 states), Mexico, Canada and the Caribbean Basin. RMC's new construction project due diligence documentation services have led to the successful development of income-producing properties valued (in the aggregate) in the billions of dollars.

Take a few minutes and learn more about RMC. This website is designed to provide a wealth of planning information pertaining to the capitalization, operations, and organizational program tenets today's savvy entrepreneurial company must embrace for continued growth and success...

Hotel Real Estate Investment Syndicates - Pre-Construction Phase Investment Opportunities & Reporting Requirements