RAINMAKER MARKETING CORPORATION 281.537.1200

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Commercial Real Estate Development Due Diligence Services - Continued...

Whether you are seeking to create a commercial real estate syndication or a private placement offering, there are certain documents that have to be provided irrespective of whether the project is syndicated or funded via a private placement offering of securities.  The required common elements include the following:

ARCHITECTURAL

1. Architectural Services Agreement - Design/Build Pre-Construction Phase Services Agreement.
2. Interior Design Services Amendment to Architectural Services Agreement.
3. Architectural Firm Profile.
4. Architectural Firm Personal Resumes.
5. Schematic Phase Design Documents.
6. Schematic Phase Outline Construction Specifications.
7. Project Elevation Drawings (or Virtual Tour).
8. Reserved.

CONSTRUCTION

9. Design/Build Construction Contract - Pre-Construction Phase Services Agreement.
10. Contractor Profile.
11. Contractor Personal Resumes.
12. Contractor Financial Statements (audited).
13. Contractor Bonding Capacity Letter.
14. Contractor Guarantee of Completion & Gross Maximum Upset Price (GMP).
15. Value Engineering Report/Independent Cost Estimate.
16. Reserved.

DEVELOPMENT

17. Development Management Agreement.
18. Developer Firm Profile.
19. Developer Personal Resumes.
20. Developer's Project Operations Plan.
21. Developer's Project Marketing & Advertising Plan.
22. Reserved.

ENGINEERING

23. Site, Survey & Civil Engineering Firm Profile.
24. Site, Survey & Civil Engineering Personal Resumes.
25. Site, Survey & Civil Engineering Contract.
26. Property Surveys (metes & bounds, encroachment, topo, etc.).
27. Approved Site Plan.
28. Approved Development Plat.
29. Structural Engineering Firm Profile.
30. Structural Engineering Firm Contract.
31. Structural Engineering Report.
32. Environmental Engineering Firm Profile.
33. Environmental Firm Personal Resumes.
34. Environmental Engineering Firm Contract.
35. Environmental Phase I Report.
36. MEP Report.
37. Reserved.

FINANCE & ACCOUNTING

38. Project Market Feasibility Consultant Firm Profile.
39. Project Market Feasibility Consultant Personal Resumes.
40. Project Market Feasibility Analysis Report.
41. Project Pro Forma Financial Presentation Consulting Firm Profile.
42. Project Pro Forma Financial Presentation.
43. Business Plan of Project Operations.
44. Entitlements Review.
45. Project Capital Funding Plan Proposal.
46. Reserved.

LEGAL & ORGANIZATIONAL

47. Project Sponsor Incorporation Filings.
48. Project Sponsor By-Laws or Operating Agreement.
49. Proposed Project Sponsor Tenants-In-Common Fractional Unit Syndication Contract.
50. Project Sponsor Legal Counsel Firm Profile.
51. Project Sponsor Opinion Letters (tax, organizational, legal capacity, etc.).
52. Reserved.

OPERATIONS & MARKETING

53. Property Manager's Firm Profile.
54. Property Manager's Personal Resumes.
55. Property Manager's Services Contract.
56. Property Manager's Plan of Operations.
57. Property Manager's Marketing & Advertising Media Plan.
58. Reserved.

PROJECT SITE

59. Title.
60. Title Insurance Specimen Copy.
61. Mortgage & Liens.
62. Utility "Will-Serve" Letters.
63. Approved Site Plan.
64. Evidence of Zoning for Intended Use.
65. Entitlement Contracts or Letters Of Intent for Entitlements.
66. Evidence of Construction Permitting Availability.
67. Flood Plain Certification.
68. Reserved.

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.