Pindara
Pindara
Origination
OPP-017LostClosed

402 High St, Geelong

Vermillion Urban · Dandenong, VIC

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Amount
$10,200,000
Structure
Senior · Debt
Stage
03 Terms Issued
Received
17 Sep 2025

Request details

Sector
Alternative
Project type
Land-Lease Community
Business plan
Sub-divide & Sell
Capital purpose
Recapitalisation
Investment
Debt
Facility type
Senior
Amount
$10,200,000
Refinance
Yes
Target close
Location
Dandenong, VIC
Rating
Medium

Notes & files

OD
Origination Desk8 Nov 2025

Term sheet lost — Borrower relationship with other Lender.

Documents
UI preview
Information Memorandum.pdf4.2 MB
Financial model.xlsx1.1 MB
Heads of Terms.docx320 KB

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Pipeline workflow

Progress through the origination gates

  1. Received

    Complete
    Date received: 17 Sep 2025
  2. Deal screening

    Pursue
  3. Indicative terms

    Interested
    Issued: 20 Oct 2025
  4. Term sheet

    Lost
    Issued: 8 Nov 2025
    Borrower relationship with other Lender
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received17 Sep 2025

    via Broker

  2. Indicative terms issued20 Oct 2025

    Interested

  3. Term sheet issued8 Nov 2025

    Lost

  4. Note added8 Nov 2025

    Term sheet lost — Borrower relationship with other Lender.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Broker
Introducer
Ashbourne Capital
Contact
Liam O'Brien
Deal lead
Sarah Donnelly