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The Rainmaker commercial real estate syndication program for senior
housing projects includes a syndication vetting process based upon
completion of a due diligence review that includes:
Architectural
1.
Architectural Services Agreement – Design/Build
Pre-Construction Phase Services Agreement.
2.
Interior Design Services Amendment to Architectural
Services Agreement.
3.
Architectural Firm Profile.
4.
Architectural Firm Personal Resumes.
5.
Schematic Phase Design Documents.
6.
Schematic Phase Outline Construction Specifications.
7.
Project Elevation Drawings (or Virtual Tour).
8.
Reserved.
Construction
9.
Design/Build Construction Contract – Pre-Construction
Phase Services Agreement.
10.
Contractor Profile.
11.
Contractor Personal Resumes.
12.
Contractor Financial Statements (audited).
13.
Contractor Bonding Capacity Letter.
14.
Contractor Guarantee of Completion & Gross Maximum
Upset Price (GMP).
15.
Value Engineering Report/Independent Cost Estimate.
16.
Reserved.
Development
17.
Development Management Agreement.
18.
Developer Firm Profile.
19.
Developer Personal Resumes.
20.
Developer’s Project Operations Plan.
21.
Developer’s Project Marketing & Advertising Plan.
22.
Reserved.
Engineering
23.
Site, Survey & Civil Engineering Firm Profile.
24.
Site, Survey & Civil Engineering Personal Resumes.
25.
Site, Survey & Civil Engineering Contract.
26.
Property Surveys (metes & bounds, encroachment, topo,
etc.).
27.
Approved Site Plan.
28.
Approved Development Plat.
29.
Structural Engineering Firm Profile.
30.
Structural Engineering Firm Contract.
31.
Structural Engineering Report.
32.
Environmental Engineering Firm Profile.
33.
Environmental Firm Personal Resumes.
34.
Environmental Engineering Firm Contract.
35.
Environmental Phase I Report.
36.
MEP Report.
37.
Reserved.
Finance & Accounting
38.
Project Market Feasibility Consultant Firm Profile.
39.
Project Market Feasibility Consultant Personal Resumes.
40.
Project Market Feasibility Analysis Report.
41.
Project Pro Forma Financial Presentation Consulting Firm
Profile.
42.
Project Pro Forma Financial Presentation.
43.
Business Plan of Project Operations.
44.
Entitlements Review.
45.
Project Capital Funding Plan Proposal.
46.
Reserved.
Legal & Organizational
47.
Project Sponsor Incorporation Filings.
48.
Project Sponsor By-Laws or Operating Agreement.
49.
Proposed Project Sponsor Tenants-In-Common Fractional Unit
Syndication Contract.
50.
Project Sponsor Legal Counsel Firm Profile.
51.
Project Sponsor Opinion Letters (tax, organizational,
legal capacity, etc.).
52.
Reserved.
Operations & Marketing
53.
Property Manager’s Firm Profile.
54.
Property Manager’s Personal Resumes.
55.
Property Manager’s Services Contract.
56.
Property Manager’s Plan of Operations.
57.
Property Manager’s Marketing & Advertising Media
Plan.
58.
Reserved.
Project Site
59.
Title.
60.
Title Insurance Specimen Copy.
61.
Mortgage & Liens.
62.
Utility “Will-Serve” Letters.
63.
Approved Site Plan.
64.
Evidence of Zoning for Intended Use.
65.
Entitlement Contracts or Letters Of Intent for
Entitlements.
66.
Evidence of Construction Permitting Availability.
67.
Flood Plain Certification.
68.
Reserved.
In certain cases the due diligence reporting
burden may incorporate additional exhibits due to the nature of the
development being undertaken. If
you have questions regarding the production of these exhibits please
contact Rainmaker Marketing Corporation for clarification.
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