Senior Living Developers - Continued From Page 2...

For most senior living developers, this review of the steps involved in obtaining capital funding for a new construction senior housing project may come as refreshment because Rainmaker Marketing Corporation has now moved beyond providing capital funding plans and other due diligence documentation and into the actual capital funding cycle.  Now, all developers of senior housing (established and new market entrants) have the same level of access to capital funding because of Rainmaker's commercial real estate syndication services.

Each syndicate formed by Rainmaker Marketing Corporation entails the solicitation, marketing and sale of real property interests and not debt securities, equity securities and/or any other securities.  Let's be clear about this; Rainmaker Marketing Corporation does not market, sell, and/or aggregate securities of any kind, nor does Rainmaker Marketing Corporation offer to provide these services under any circumstances.  The syndication approach focuses on the sale of real estate interests; the common construction is the tenants-in-common approach.  The resulting syndication is called a "TIC Plan" (as in "Tenants-In-Common Ownership Plan").  

Rainmaker enters into real estate acquisition contract in the form of a fractionalized tenants-in-common with the developer (or owner/operator as the case may be) to buy a certain amount of the total fractional ownership interests the developer wishes to offer.  Each syndication is undertaken on a "mini-max" basis.  This means the market settles the issue as to how much at-risk capital is to be employed in a given commercial income-producing real property syndication instead of it being arbitrarily decided by the developer or anyone else (including RMC).