RAINMAKER MARKETING CORPORATION 281.537.1200

Home
Syndicated Financing
Financial Business Plans
Money Hunts
Available Grant Financing
Due Diligence Services
Senior Housing Consulting
Market Studies
Quick Site Reviews
Financial Feasibility Studies
Search Engine Optimization
Projects & Clients
 

 

Non-Recourse Senior Housing Construction Loans, Lending, Financing & Equity Fundings...

Welcome to Rainmaker Marketing Corporation's senior housing development finance industry web portal that focuses on non-recourse senior housing construction loans and the non-recourse, senior housing, construction loans supporting equity syndication financing and due diligence services that make these loans possible.  The biggest influence on the market in the past 30 years has been the FHA/HUD-insured loan program (Section 221 and 232) that has racked up hundreds of billions of dollars in construction and permanent financing loans on a non-recourse basis.  This has led to a flood of new mortgage applications and now the HUD process is the slowest and most expensive way of obtaining a non-recourse senior housing construction loan for your project proposal.

That's right, HUD is the most expensive way of doing business and that is because:

the extended application period may result in missing the market opportunity window resulting in a total investment loss for that proposed use - the developer has to reprogram the project and the due diligence costs associated with the original proposal become sunk costs; and

the extended application period requires the developer to continue paying the financial carrying costs associated with the proposed project - and these carrying costs are not eligible for reimbursement under the HUD loan statutes!  You have to swallow them.

With some HUD processing offices requiring more than a year to clear an initial application window, developers have been stuck with having to go into the commercial lending market or pay the exorbitant costs associated with a private placement offering - costs that could easily exceed $100,000 just to get the placement memorandum complete and agreed upon by all parties.  Once agreement is reached, then the developer has to pay the costs of marketing, advertising and the road show associated with the private placement offering.

Continued on following page.

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.

©Copyright 2011, Rainmaker Marketing Corporation, Inc.  All rights reserved.