Investment wanted for a 315 unit housing development in Belize
Business Details
- Start-up/Seed (business to be started)
- $38409627.00
- Debt/loan financing
- Equity/shares
- Initial start-up of business
- Sales & marketing
- Equipment/inventory purchase
- Working capital
- Building & Construction
- Property Development/Real Estate
Short Description
CEIBA RIVER LIMITED; a Belize Chapter 250 Corporation We are looking for project financing for a 315 unit development, supplying medium priced well built homes on ? - ½ acre parcels, in the Silver Creek area Stann Creek District, Belize. The project development cost is $4.4088 USD per sq ft including the listed construction- no add-ons or $38,409,627.12-USD [ ?33,759,196.52 ] If you have an interest in financing, Equity or JV Participation in, or raising
Silver Creek Land
Silver Creek Homes
Executive Summary
CEIBA RIVER LIMITED
Silver Creek Homes; Housing Development Project
Business Equity Financing:
For Equity Financing: Equity financing package; Complete Project Financing of $38,409,627.12-USD. Offer; 65/35 Profit Split on 315 units; after all current bills are paid and a 10% emergency fund in place, this can be done after a unit sale and close and all bills are in and accounted or at the end of the fiscal year, all done by joint audit with every thing out on the table. The JV financing entity will become a 65% owner partner {Or Other Agreement} of the ?315 units?; in the Silver Creek Homes; Housing Development Project; by deposit of the building and operating funds of $38,409,627.12-USD. into an account setup for this purpose and maintained by Mark Layton with the JV financing entity receiving a direct bank copy of all Silver Creek Homes bank statements. The JV financing entity will receive a copy of all 315 units; building and sales contracts. The JV financing entity is welcome to have an observer on premise, but not to interfere in any way, should a question or concern arise the project principles will meet to workout and discuss the where what when how. Should The JV financing entity have expertise in a field, where the company is lacking, the sharing of information and ideals will be welcome, and may make the project more profitable for all. All are to enjoy quiet entitlement.
Exit; This Agreement will end on the sale, close and profit split of the 315th Silver Creek Homes; Housing Development unit. Unless amended otherwise. Also the 10% emergency account will be divided at this time. Silver Creek Homes; Housing Development will retain all building and construction equipment and left over supplies for development maintenance, and upkeep, irregardless of condition or usability.
Note: Labor and materials, for each house unit, will be billed from the warehouse, as if being sold from a commercial lumberyard through a point of sales system, for accurate cost and profit auditing, not a blanket building cost.
Mark Layton
P.O. Box 170
Punta Gorda, Belize
Belize Ph; +501- 629-3039
contact@ceibariver.com
contact@silvercreekland.com
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