OPP-048Financial CloseCurrent
291 Hope St, Wollongong
Solace Property Co · Penrith, NSW
Amount
$25,450,000
Structure
Senior · Debt
Stage
08 Closing
Received
1 Nov 2024
Request details
- Sector
- Industrial
- Project type
- Warehouse
- Business plan
- Build to Hold
- Capital purpose
- Investment
- Investment
- Debt
- Facility type
- Senior
- Amount
- $25,450,000
- Refinance
- Yes
- Target close
- —
- Location
- Penrith, NSW
- Rating
- Medium
Notes & files
OD
Origination Desk13 Feb 2025
Financial close completed for 291 Hope St, Wollongong. Facility funded; file moved to monitoring.
Documents
UI previewInformation Memorandum.pdf4.2 MB
Financial model.xlsx1.1 MB
Heads of Terms.docx320 KB
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Document storage is mocked in this prototype
Portfolio handoff ready
This deal reached financial close. In phase two, origination hands the facility to portfolio management — carrying the sponsor, terms and documents across.
Concept · phase two
Pipeline workflow
Progress through the origination gates
Received
CompleteDate received: 1 Nov 2024Deal screening
PursueIndicative terms
InterestedIssued: 21 Nov 2024Term sheet
WonIssued: 10 Dec 2024Accepted: 3 Jan 2025Due diligence
Financial CloseFinancial close
Financial CloseClosed: 13 Feb 2025
Activity timeline
Chronological status history
- Opportunity received1 Nov 2024
via Senior Lender
- Indicative terms issued21 Nov 2024
Interested
- Term sheet issued10 Dec 2024
Won
- Term sheet accepted3 Jan 2025
- Financial close13 Feb 2025
- Note added13 Feb 2025
Financial close completed for 291 Hope St, Wollongong. Facility funded; file moved to monitoring.
Follow-ups
Next actions on this file
No open follow-ups on this file.
Source & contacts
- Source
- Senior Lender
- Introducer
- Ashbourne Capital
- Contact
- Rebecca Hall
- Deal lead
- Priya Nair