Senior Housing Syndicators - Getting Started

If you are seeking to participate in a senior housing tenants-in-common ownership opportunity, or you are seeking to complete the capital funding cycle for a senior housing development project, it's time to talk to Rainmaker about your goals, your aspirations and your requirements.  Rainmaker offers developers with a new venue for capital funding of their projects.

There are potential barriers to entry into syndicating a senior housing development financing via the sale of real property interests in a tenants-in-common ownership plan.  These barriers include:

• The syndication must be for no less than $2,500,000 (USD).  There are no exceptions to this rule.

• The developer (or sponsor, as the case may be) must have sufficient capital resources to purchase the subject project site once the due diligence reporting is complete and supports the project site as a viable location.  The ownership must be in fee-simple estate and not an option, pending purchasing agreement or letter of intent.  There are no exceptions to this rule.

• The developer must have sufficient capital resources to obtain the due diligence documentation that is appropriate given the timing of the financing (pre-construction phase, construction phase or post-construction phase) and the type of project being developed (rental or entry-fee, single-story versus multi-story, etc.).  There are no exceptions to this rule.

• The developer must have a complete project team having the prerequisite experience in the type of project being proposed.  The standard applied here would be those project team members who would be readily acknowledged as suitable if the developer was going to the private placement offering route (instead of the syndication of real property ownership interests route).

Find out more about investing and commercial real estate syndications supported by Rainmaker.