Multifamily Housing Capital Funding Plans...

Rainmaker Marketing Corporation specializes in creating multifamily housing capital funding plans and proposals for multifamily housing developers and/or multifamily owner/operators (as the case may be).  Rainmaker Marketing Corporation's 10-point multifamily housing capital funding plans include the following elements:

	Key Points Summary.  This provides the "1-minute elevator pitch" that every busy underwriter wants to hear (or see) before they consider the rest of the proposal.
	Project Summary.  This section provides site information, construction program information and related data.
	Project Site Analysis.  This section provides a summary of the key point issues pertaining to the site itself.
	Summary Market Data.  This section summarizes the key point findings of the market feasibility analysis.
	Financial Feasibility Highlights.  This section summarizes the key point findings of the financial feasibility study (or pro forma financial presentation as the case may be).
	Project Delivery Team.  This section provides the keyman summaries of managers, consultants, design team, operations team and construction team along with the usual banking, legal, accounting and tax firms.
	Order of Funding.  The most important part, the custom capitalization structure that demonstrates why the financing will be non-recourse and the cross pledges be waived.
	Order of Retirement.  Before the institutional investor jumps into the deal, they want to know how they are getting out of it and here is where the limiting conditions, conditions precedent and related matters are presented.
	Key Milestone Development Schedule.  A complete development schedule must be provided together with the contractor's draw schedule and the consolidated funding program statements.
	Project Status/Additional Information.  A status report, contact information and server access information is provided.

In creating the capital funding plan (click here to take a peek at a capital funding plan), the first issue that is dealt with is the structure of the capital funding proposal.  Rainmaker Marketing Corporation utilizes a structured finance approach to create each capital funding plan based upon the following issues:

Investment Incentives Entitlements.  We review the local, state and/or federal investment incentive entitlements that may apply to your project.  Quite often, a multifamily project's development program can be slightly modified (making it a commercial mixed-use project) in order to create opportunities for the inclusion of statutory benefits that can have a huge impact on the developer's (or owner/operator's, as the case may be) financial investment leverage, risk exposure and/or success of the proposed financing including the potential use of private activity bond floats.

Syndication Funding.  If the client is seeking to obtain non-recourse syndication financing, Rainmaker Marketing Corporation will undertake the feasibility study to determine the costs and risks. Rainmaker Marketing Corporation supports the zero-coupon, medium-term commercial real estate syndication.  These are non-recourse financings that allow the developer to obtain construction financing on a non-recourse basis and close on the financing while the project is still in the pre-construction phase.

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