RAINMAKER UNDERWRITING, LLC 281.537.1200

Home
Commercial Underwriting
Syndicated Financing
Private Placements
Financial Business Plans
Due Diligence Services
Market Studies
Quick Site Reviews
Financial Feasibility Studies
Search Engine Optimization
Senior Housing Consulting
Projects & Clients
 

 

Senior Housing Market Feasibility Studies...

Rainmaker Underwriting provides senior housing market feasibility studies for senior housing development financing.  Rainmaker Marketing senior housing market feasibility studies, reports, demographics, new construction, finance, investing, assisted, living Corporation has completed over 300 senior housing market feasibility studies over the past 10 years, alone.  Senior housing market feasibility studies are (historically) Rainmaker Underwriting's keystone service.  We provide detailed analysis reports for assisted living projects, independent living projects, entry-fee housing projects, congregate living projects and continuing care retirement communities ("CCRCs").

At its core, the market feasibility analysis answers the following critical path issues pertaining to every commercial real estate development program:

Is there sufficient entrenched demand within the primary marketing area of the proposed project to support new construction?

If there is sufficient entrenched demand, what price points will be supporting the new facility in terms of routine rental revenues and ancillary revenues?

If there is sufficient demand and price support, what are the expectations regarding services, project amenities and facility staffing?

What has been the historical utilization of these projects?  How fast have new projects leased up in the recent history of the market?

The production of these feasibility reports generally corresponds to the following steps:

Initial Demand Analysis.  Rainmaker Underwriting completes an initial demand analysis based upon demographic information from third-party data vendors.  This gives the client the key "go-no-go" reality check for their project.  If the initial demand analysis report statistics do not demonstrate sufficient demand to support the project at this stage, then the rest of the reporting program is immediately abandoned.  The reason for this is that everything in our world is predicated upon demonstrable demand.  If there is sufficient demand, then the next phase is undertaken.

Field Investigation.  Rainmaker Underwriting completes a survey of existing directly competitive projects to determine price points, occupancy rates, staffing patterns, unit class counts, unit class sizes, total unit counts per class and operating costs.  The result of this information is then used to modify the Initial Demand Analysis.

Final Demand Analysis.  Rainmaker Underwriting modifies the Initial Demand Analysis model to reflect the findings of the Field Investigation.

Report.  Rainmaker Underwriting completes the final report.  This is a full-color document (click here to download a sample) that is professionally formatted with all key data points and findings discussed on an in-depth basis.

Rainmaker offers a complete array of customized consulting solutions to support all of your due diligence and capital finance needs.

 

What Goes Into An Underwriting?

The Rainmaker approach is truly a comprehensive assessment with 66 exhibits collected on every project that cover every aspect of the development, construction, operations and regulatory matters.  Collateral, credit and capacity underwriting reviews are conducted using CREFC underwriting standards in addition to a complete default risk analysis on term, maturity and technical default risk profiles.  Our typical underwriting report on a new construction project will easily exceed 500 pages and catalogue all transaction documents, plans and specifications.

Rainmaker Underwriting, LLC can trace its history back all the way to 1989.  Incorporated in 1993, Rainmaker Marketing Corporation 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 Underwriting, LLC 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 underwriting review services.  Rainmaker Underwriting, LLC’s service area includes all of the continental United States, Canada, Mexico and the Caribbean Basin.

281.537.1200

Email: clinton.lovell@rainmakerunderwriting.com

Project Feasibility Studies, Commercial Real Estate Development Finance, Outsourced Underwriting Services, Due Diligence Documentation & Project Management Consulting

6706 Pebble Beach Drive, Houston, Texas 77069.

©Copyright 2014, Rainmaker Underwriting, LLC  All rights reserved.