Condominium Project Feasibility Studies - Market, Finance, & Economic Impact...

Rainmaker Marketing Corporation specializes in project feasibility studies - including condominium project feasibility studies.  If you are considering the development of a condominium property and will be seeking commercial bank financing, then an arm's-length market feasibility study is a requirement.  Rainmaker Marketing Corporation has completed hundreds upon hundreds of multifamily housing market feasibility studies throughout North America.  Our no nonsense attitude of looking under all the rocks is the only way to go.  Our focus is on carefully documenting all market conditions and scenarios that have a higher than average likelihood of impacting the project.  The key is to provide detailed information that can then be worked-up in the financial feasibility study - which Rainmaker Marketing Corporation also routinely provides.

Condominium projects represent the smallest technical challenge that Rainmaker Marketing Corporation resolves in the field of due diligence documentation.  This means we can react fast - generating a complete market and financial feasibility study in as little as 21 days from date of contract, receipt of payment and receipt of the developer's initial program materials.  This means the Rainmaker Marketing Corporation approach is very cost-efficient.  A typical condominium market and financial feasibility study costs approximately $10,000 and includes approximately 125 pages to 400 pages of original work (including the appendix of raw data).  

Rainmaker Marketing Corporation's report includes the following conclusions and recommendations:

1. Unit counts by class of living unit (efficiency unit counts, 1-bedroom units, 2-bedroom units, 3-bedroom units, penthouse units, etc.); and

2. Unit sizes by class of living unit; and

3. Unit specialty finish requirements and recommendations; and

4. Schedule of project physical amenities; and

5. Schedule of pricing by unit class; and

6. Total development cost budget; and

7. Project cash flows matrix - sources & uses based statements; and

8. Pro forma project financial statements, charts, technical discussion, notes and empirical assumptions presentation; and

9. Summary information for capital funding plan.  Client input required for project development team slots (architecture, MEP, civil, marketing, sales, construction, etc.).

See the difference.  Rainmaker Marketing Corporation goes the extra mile because our experience on hundreds upon hundreds of multifamily projects (including high-line condominium projects) will help you negotiate the construction financing on a non-recourse basis.