Funding budget of $60M for Development Project

[Dennis Williams]

We are currently looking for $60M to fund a major Zero Net Energy residential Development project in Florida, between Tampa and Orlando. The investor will have a VERY favorable equity position and payout at project completion. I'm having trouble identifying great ways to find a company that can lend this amount.  The last answer I received was the amount is to low!!?!? What are you currently doing to attract REAL plays at this level? Also what questions would you ask the potential candidate? 

[Ray Johnson]

@Dennis Williams I think you will need to add more information to your post to get an informed response for a deal at this level. First off if you're looking to build an entire community, you're going to need a syndication to do this deal, no one investor, will or should be putting up the entire $60 million. 1) Do you own the land for this residential community? 2) Has the land been zoned for this special use? 3) Are there any tax credits already received or will be received for this special use project 4) Is the infrastructure for the special use utilities already in place? 5) I'm assuming that since you have the $60 million number, you already have the answers to all of these since these are just a few of the 100's of questions I would have before I can provide an informed response. Let us know a little more Thanks