Please provide as much of the information as you have available. We pride ourselves in reacting quickly to all applications.

 

 
Preliminary Application

Name of sponsor


Company


Address


City/State/Zip


Office phone


Cell phone


Fax


email


Type of Development


Address of Subject Property


City/State/Zip


Land Size


Gross Building Sq. Ft.


Property Cost


Please summarize the type, vision,
and plan for this transaction



Current Status

Do you own this property?
  

Is the Property under contract?
  

Summarize key dates (such as effective date,
contingency periods, closing date) and earnest
money deposits


Current Zoning


Required Zoning


Status of Entitlements



Preliminary Timeline

When does your contingency period expire?


What is the expected closing date?


When do you expect to start construction?


When do you expect to complete construction?


Do you have plans and specs?
  No


Please attach a site plan and aerial photo of the property (if available)


Please attach a Proforma (if available)



Financing needs

Amount of equity required


Amount of debt required


Do you have a lender for the project?
  

If you do not have financing lined up, we will assume a 75% LTC loan with terms consistent with recent financings we have closed. We have significant banking relationships and can obtain financing if you do not already have an arrangement.


Is there a construction loan in place or committed?
  



If so What are the terms?


If you have needs/wants on the structure of the deal,
please let us know what you are looking for


Please provide any other information that will be
helpful to the Joint Venture Approval Committee


If the preliminary analysis of your application looks promising, and we have all the information requested, we will issue a full application asking for more detailed information about the sponsor, subject property, and financial needs. To the extent we can, we will consider your needs/wants in our proposed deal structure.