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This is the developer section
for TIC Plan based commercial real estate development financing. Here we
will set forth the basic principles of non-exclusivity, enhanced financial
investment leverage, risk transference and balance sheet support that a
syndication of tenants-in-common real estate interests can provide for the
developer.
The first principle to
understand is that the proposed project will get plenty of market attention but
Rainmaker will have no exclusive rights over your project, so you can have your
cake and eat it too, because you can go this route while you are going the private
placement offering route at the same time. There is no exclusivity
clause in the resulting agreement between the project sponsor and Rainmaker
Marketing Corporation has no exclusivity period, just an initial 90-day
marketing period we have a series of exercisable options to obtain more and more
tenants-in-common interests. Once the minimum sales threshold is met, the
developer is then bound to close. If we do our side, we will make you do
your side.
The second principle is
investment leverage. Investment leverage is created for the developer when
there is a reduction of dilution in common equity security ownership, but an
increase in capital funding. Rainmaker's history is not one of syndication
for the past 20 years; our mission has always been to provide due
diligence documents and structured
finance presentations. This serves the developer because the due
diligence documentation requirements we require serve to reduce the propensity
for claims of investment fraud regarding issues that risks. Disclosure and
acknowledgement by the parties limits problems in the future. It also
serves the developer because (quite often) our entitlements review finds
opportunities at the local, state and federal levels that allow us to tie
financing as far back as the pre-construction project phase.
The third principle applies to
your balance sheet. You can potentially use the Rainmaker TIC Plan
Syndication Program to raise a significantly higher amount of financing versus
the limitations placed on mezzanine loans,
bridge loans and hybrid convertible
loans. The syndication approach is perfect for equity gap financing.
Apply it judiciously and the resulting reward remains firmly within the
developer's grasp.
What's within your grasp?
Contact Rainmaker Marketing Corporation and find out how far your grasp can
go. Your vision is our mission... |
