Pricing

INVIZEN’s revolutionary technology is available to support the needs of all of the participants in commercial real estate and alternative investment securities private placement offerings.  The business goals of Rainmaker Analytics include trading near-term profits for the sake of increasing market share and the pricing of our services reflects this reality.

Here is our current schedule of services pricing.  See our Terms Of Use for more information on limitations and other terms and conditions of service.

Securities Floats: Capital Financing Solutions Services

The INVIZEN IT Business Plan for Capital Financing Program is a component-driven solution that provides end-to-end third-party credibility for issuers of securities (i.e.: business-plan-capital-financingpromoters and developers seeking capital financing).  The unique INVIZEN IT approach presents the capital financing executive summary in light of the findings of the INVIZEN IT Real-Time Underwriting Reporting Program’s independent underwriting analysis and due diligence review’s findings of material representations of fact.  This process includes the component elements of the INVIZEN IT Enterprise Risk Management Plan, the INVIZEN IT Real-Time Analytics Feasibility Report, the INVIZEN IT Business Plan of Operations and the aforementioned INVIZEN IT Real-Time Underwriting Report to create the INVIZEN IT Business Plan that demonstrates the nature of the economic opportunity owing to the securities being issued and the all-important execution risk management and loss mitigation plans that answer the questions of potential yield and the ability of the promoter to pull it all off.  The resulting business plan is presented in terms of the INVIZEN IT findings to provide enhanced third-party credibility to create the opportunity to move the proposal to the head of the line because it presents an opportunity that in fact has the potential to close escrow.  The component cost of this integrated delivery program is provided on a quotation basis and is delivered on a real-time basis once the required information is collected (which takes a telephone interview).  If you are serious about your investment of time and money in your proposed funding or have been repeatedly rejected for capital funding, this is the logical solution to help demonstrate your program is worth serious consideration.

Investment Loss Prevention Monitoring Services Pricing

The INVIZEN IT Real-Time Status (RTS) Asset Care Protection Program Service is our proactive, real-time monitoring and forecasting program designed to prevent future commercial real estate and alternative investment failures for the full term of the investment or loan holding period via a comprehensive valuation, feasibility analysis, and underwriting review performed at least once per month.  If the INVIZEN technology detects a potential bankruptcy risk issue or foreclosure risk issue a flag report is sent to all of the parties at-interest and can provide up to 24 months of advance notice of pending market disruptions that could impair the future value of the investment.  If the INVIZEN system detects a profit-taking opportunity a flag is also sent to the parties at-interest.  If things are working fine, no report is sent.  RTS is designed to address the business at what ever stage it is in its life cycle (pre-start-up, start-up, stabilized, non-performing, etc.) and support it on an ongoing basis.

The pricing for this service is as follows:

  1. Service Type: monthly subscription service.  Call 832.663.9634 to order this service.
  2. Minimum Acceptable Transaction: $2,500,000 (USD) asset value – we can do smaller ones but our goal is to have our fees NOT be materially-significant to the transaction and below $2.5 million we worry about this issue, so we leave it to the customer to decide on these smaller transactions.
  3. Term: up to 10-year enrollment period available.
  4. Initial Enrollment Underwriting Fee: $2,500 initial underwriting review fee (applied to total enrollment fee if asset is accepted and enrolled).
  5. Enrollment Fee: 0.25% of asset value.
  6. Monthly Monitoring Fee: 1 basis point of asset value per month – minimum of $1,000 to maximum of $5,000 per month.
  7. Discounts: portfolios of properties are eligible for discounts.  Total fee discount also available for down payments of 20% or more of total fee at enrollment.  Discounts applied to assets having a value greater than $50,000,000 (USD).
  8. Termination Fee: if customer terminates contract prior to end of term 50% of the total contract fee is required for termination.  If INVIZEN terminates the service (and this only happens if the system issues a FAILURE Flag Report warning) no termination fee payment is required.
  9. Reporting Mechanism: email attachment.
  10. Report Types: the following report types are provided:
    1. Technical Default Risk Warning.  A warning of a pending issue that may lead to an administrative foreclosure default event if not corrected.
    2. Technical Default Risk Failure.  A pending administrative foreclosure default event that is reasonably-expected to result in future asset loss.
    3. Maturity Default Risk Warning.  A warning of a pending issue that could lead to future asset value reduction that could cause materially-significant loan or investment loss severity risk if not corrected.
    4. Maturity Default Risk Failure.  An irrevocable default that is reasonably expected to cause materially-significant loan or investment loss severity risk at the end of the investment holding period, requiring disposition of the investment without delay.
    5. Term Default Risk Warning. A warning of a pending market disruption event or events that could impact the revenue capture opportunity of the business and result in a reduction in earnings and asset value if not addressed.
    6. Term Default Risk Failure.  An irrevocable default that is reasonably expected to result in materially-significant investment loss risk requiring re-positioning, re-development or disposition of the investment without delay.
    7. Market Profit-Taking Opportunity Notice.  A notice that changes in market conditions have created an opportunity for the sale or recapitalization of the asset that would be reasonably-expected to generate a higher net present value to the investor that is materially-significant enough to warrant a program change by the sponsor.
  11. Additional Report Fees: fees for various sub-reports ordered by customer are detailed in the other sub-sections of this page below.

Example

A sponsor/issuer is seeking to obtain capital financing for a rental multifamily property having an asset value of $25 million and is structured as a 1031 exchange DST investment in DST beneficiary interests.  The enrollment period would be a 10-year service agreement.  The following charges would be applied:

  • Initial application fee for underwriting review: $2,500.00 (non-refundable)
  • Total RTS Contract Fee: $362,500.  Minimum down payment (paid at closing of escrow) would be $62,500 – 0.25% of asset value (application fee is applied to this payment).  Monthly ongoing monitoring fee would be $2,500 per month – 1 basis point (1 bps.) of asset value, $300,000 in total over the 10-year period.  Total Cost as a Percentage of Total Asset Value Over 10-Year Term: 1.45%.
  • Note 1: if you believe the transaction in question cannot afford an additional 0.25% fee at the close of escrow then it is virtually certain the investment does not meet the safe and sound investment standard for institutional investments and should be rejected for underwriting out-of-hand.
  • Note 2: generally speaking, a cost is considered to be materially-significant if it has the potential to change the total cash flow of the investment by a factor of more than 2.5%.  The amortized cost in the example works out to be 0.145% per annum of asset value.  Using the multifamily transaction as an example and an assumed capitalization rate of 5%, the cost of service would be approximately 0.95% of annual operating revenues if there is no increase in revenues for the property above the first year (which we know there will very likely be increases, all other things being equal).  If you assume an average annual increase of 2.75% to revenues, the cost of service in the last year will have fallen to less than 0.76% of revenues.  This information is the basis of a disclosure requirement for compliance with FINRA and SEC for broker-dealers and registered investment advisors.

Sell-Side Due Diligence Services Pricing

The INVIZEN IT Real-Time Underwriting (RTU) Reporting Service provides real-time underwriting reviews and analyses of capacity risk, collateral risk, credit risk and default risk issues in accordance with the underwriting standards applied to the INVIZEN Real-Time Status (RTS) program requirements for enrollment and monitoring against loan and investment loss.  The program is differentiated between buy-side due diligence transactions and sell-side due diligence transactions.

The pricing for sell-side due diligence reporting is as follows:RTU Summary Screenshot

  1. Summary Real-Time Underwriting Report.  Click here to order now.
    1. Price: $3,500 for single asset.
    2. Processing Time: 2-3 days.  Portfolio transactions require extra time – ask for a quote.
    3. Discounts: portfolio transactions are subject to the following discount structure:
      1. First Asset: $3,500
      2. Second Asset: $2,800
      3. Third Asset: $2,100
      4. Fourth Asset: $1,700
      5. More than Five (5) Assets: $1,450 per asset for all reports.
  2. Technical Real-Time Underwriting Report.  Click here to order now.
    1. Price: $5,900 for single asset.
    2. Processing Time: 3-4 days (this report generally runs approximately 125 pages to 250 pages).  Portfolio transactions require extra time – ask for a quote.
    3. Discounts: portfolio transactions are subject to the following discount structure:
      1. First Asset: $5,900
      2. Second Asset: $5,400
      3. Third Asset: $5,100
      4. Fourth Asset: $4,700
      5. More than Five (5) Assets: $4,400 per asset for all reports.
  3. Full (Unabridged) Real-Time Underwriting Report.  Click here to order now.
    1. Price: $12,500 for single asset.
    2. Processing Time: 4-5 days (this report generally exceeds 600 pages – some may exceed thousands of pages).  Portfolio transactions require extra time – ask for a quote.
    3. Discounts: portfolio transactions are subject to the following discount structure:
      1. First Asset: $12,500
      2. Second Asset: $11,100
      3. Third Asset: $10,000
      4. Fourth Asset: $8,700
      5. More than Five (5) Assets: $7,900 per asset for all reports.

Buy-Side Due Diligence Services Pricing

The INVIZEN IT Real-Time Underwriting (RTU) Reporting Service provides real-time underwriting reviews and analyses of capacity risk, collateral risk, credit risk and default risk issues in accordance with the underwriting standards applied to the INVIZEN Real-Time Status (RTS) program requirements for enrollment and monitoring against loan and investment loss.  The program is differentiated between buy-side due diligence transactions and sell-side due diligence transactions.

The buy-side due diligence reporting is for the benefit of crowdfunding sites, broker-dealers, registered investment advisors, lenders, asset managers, developers, borrowers, sponsors and issuers.  The pricing for this service is as follows:

  1. Summary Real-Time Underwriting Report.  Call 832.663.9634 to order this service.
    1. Price: 0.125% (12.5 bps.) of total transaction value for single asset – non-refundable $2,500 initial review paid at execution of services agreement and credited at close of escrow against total fee of 0.125%.  This is a one-time fee paid by the sponsor out of closing proceeds (other than the initial review fee of $2,500 which can be paid by anyone).
    2. Processing Time: 2-3 days.  Portfolio transactions require extra time – ask for a quote.
    3. Discounts: portfolio transactions are subject to discounting on size of asset and number of assets – please call for quotation.
  2. Technical Real-Time Underwriting Report.  Call 832.663.9634 to order this service.
    1. Price: 0.25% for single asset.
    2. Processing Time: 3-4 days (this report generally runs approximately 125 pages).  Portfolio transactions require extra time – ask for a quote.
  3. Full (Unabridged) Real-Time Underwriting Report.  Call 832.663.9634 to order this service.
    1. Price: 0.375% for single asset.
    2. Processing Time: 4-5 days (this report generally exceeds 600 pages and may run into the thousands of pages).  Portfolio transactions require extra time – ask for a quote.

Investment Fraud Defense Services Pricing

The INVIZEN IT Investment Fraud Loss Severity Risk Defense Services program provides a cost-efficient and timely approach to dispute resolution by providing the parties at-interest with a suite of valuation and feasibility analysis services to demonstrate the potential future cash flows owing to a specific site and the geographical primary marketing area business investment opportunities that may be available for the purposes of quickly re-positioning or re-developing a failed property into a property that has the opportunity to deliver future income streams.  This program is available to lenders, broker-dealers, insurance carriers, registered investment advisors, sponsors, developers, issuers and investors.  The reporting service provides alternative work-out strategies that include an end-to-end solution for property turnaround, capital financing, marketing and operations.

The pricing structure is as follows:

  1. Summary Real-Time Analytics Report.  Click here to order now.
    1. Price: $3,500 for the highest-ranked intended-use report (reports are ranked, INVIZEN RTA Valuation Reportwhere all other things are assumed to be equal, by their projected investment IRR).  Subsequent reports for other intended-uses are $2,500 each.
    2. Processing Time: 1-2 days.
  2. Summary Real-Time Analytics Feasibility Report (specific use project market and financial feasibility study).  Click here to order now.
    1. Price: $3,500.
    2. Processing Time: 1-2 days.
  3. Technical Real-Time Analytics Feasibility Report.  Click here to order now.
    1. Price: $5,900 for single asset.
    2. Processing Time: 3-4 days (this report generally runs approximately 125 pages).  Portfolio transactions require extra time – ask for a quote.
    3. Discounts: portfolio transactions are subject to the following discount structure:
      1. First Asset: $5,900
      2. Second Asset: $5,400
      3. Third Asset: $5,100
      4. Fourth Asset: $4,700
      5. More than Five (5) Assets: $4,400 per asset for all reports.
    4. Full (Unabridged) Real-Time Analytics Feasibility Report.  Click here to order now.
      1. Price: $8,500 for single asset.
      2. Processing Time: 4-5 days (this report generally exceeds 600 pages).

Valuation Opportunity Services Pricing

The INVIZEN IT Real-Time Analytics (RTA) Reporting Service provides real-time intended-use scenario valuations of a given site and its supporting geographical primary marketing area.  The RTA runs up to 28 discrete intended-use scenarios all at once in real-time and ranks the resulting intended-uses according to the highest IRR forecasted.  The RTA is created in accordance with the underwriting standards applied to the INVIZEN Real-Time Status (RTS) program requirements for enrollment and monitoring against loan and investment loss.

The RTA provides sell-side and buy-side due diligence reporting for the benefit of crowdfunding sites, broker-dealers, registered investment advisors, lenders, asset managers, developers, borrowers, sponsors and issuers.  The pricing for this service is as follows:

  1. Summary Real-Time Analytics Report.  Click here to order now.
    1. Price: $3,500 for the highest-ranked intended-use report (reports are ranked, where all other things are assumed to be equal, by their projected investment IRR).  Subsequent reports for other intended-uses are $2,500 each.
    2. Processing Time: 1-2 days.

Commercial Real Estate Project Market & Financial Feasibility Analysis Services Pricing (Feasibility Studies)

The INVIZEN IT Real-Time Analytics Feasibility (RTAF) Reporting Service provides real-Order Real-Time Project Market & Financial Feasibility Studiestime project market and financial feasibility studies of a specific intended-use for a specific site and market.  The resulting report includes testing of the market feasibility analysis key empirical assumptions and findings to verify that a reasonable basis may in fact exist for their inclusion and use in the resulting analysis.  The RTAF is designed to exceed the reporting standards for capital market institutional investor due diligence and underwriting reviews, as well as exceed the requirements of Section 941 of the Dodd-Frank Wall Street Reform Act, FINRA Rule 2310 and the SEC for Regulation D private placement securities offerings.  The RTAF is created in accordance with the underwriting standards applied to the INVIZEN Real-Time Status (RTS) program requirements for enrollment and monitoring against loan and investment loss.

The RTAF provides sell-side and buy-side due diligence reporting for the benefit of crowdfunding sites, broker-dealers, registered investment advisors, lenders, asset managers, developers, borrowers, sponsors and issuers.  The pricing for this service is as follows:

  1. Summary Real-Time Analytics Feasibility Report (specific use project market and financial feasibility study).  Click here to order now.
    1. Price: $3,500.
    2. Processing Time: 1-2 days.
  2. Technical Real-Time Analytics Feasibility Report.  Click here to order now.
    1. Price: $5,900 for single asset.
    2. Processing Time: 3-4 days (this report generally runs approximately 125 pages).  Portfolio transactions require extra time – ask for a quote.
    3. Discounts: portfolio transactions are subject to the following discount structure:
    4. First Asset: $5,900
    5. Second Asset: $5,400
    6. Third Asset: $5,100
    7. Fourth Asset: $4,700
    8. More than Five (5) Assets: $4,400 per asset for all reports.
  3. Full (Unabridged) Real-Time Analytics Feasibility Report.  Click here to order now.
    1. Price: $12,000 for single asset.
    2. Processing Time: 4-5 days (this report generally exceeds 600 pages).

Consulting Services Pricing

INVIZEN consulting services are provided on a base consulting fee rate ranging from $125/hour to $300/hour, plus reimbursable expenses.  No mark-up is applied to reimbursable expenses.  All consulting services agreements require a non-refundable retainer equal to 50% of the estimated cost of the scope of work.  Billing is on a monthly basis with net of seven (7) days.