Pindara
Pindara
Origination
OPP-023WithdrawnClosed

95 Church St, Docklands

Vermillion Property Co · Cremorne, VIC

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Amount
$14,750,000
Structure
Mezzanine · Debt
Stage
02 Underwriting
Received
25 Jul 2024

Request details

Sector
Alternative
Project type
Hotel
Business plan
Secure via P&C & Sell
Capital purpose
Bridging
Investment
Debt
Facility type
Mezzanine
Amount
$14,750,000
Refinance
No
Target close
Location
Cremorne, VIC
Rating
Medium

Notes & files

OD
Origination Desk20 Aug 2024

Indicative terms issued — withdrawn.

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: 25 Jul 2024
  2. Deal screening

    Pursue
  3. Indicative terms

    Withdrawn
    Issued: 20 Aug 2024
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received25 Jul 2024

    via Broker

  2. Indicative terms issued20 Aug 2024

    Withdrawn

  3. Note added20 Aug 2024

    Indicative terms issued — withdrawn.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Broker
Introducer
Greenhill Capital Advisory
Contact
Liam O'Brien
Deal lead
Priya Nair