Pindara
Pindara
Origination
OPP-060DeclinedClosed

152 High St, Fremantle

Vermillion Developments · Fremantle, WA

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Amount
$50,350,000
Structure
Senior · Debt
Stage
01 Screening
Received
20 Dec 2024

Request details

Sector
Retail
Project type
Neighbourhood Centre
Business plan
Re-position & Sell
Capital purpose
Construction
Investment
Debt
Facility type
Senior
Amount
$50,350,000
Refinance
Yes
Target close
Location
Fremantle, WA
Rating
High

Notes & files

OD
Origination Desk20 Dec 2024

Declined at screening — Valuation overstated. No further action.

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: 20 Dec 2024
  2. Deal screening

    Declined
    Valuation overstated
  3. Indicative terms

    Pending
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received20 Dec 2024

    via Senior Lender

  2. Note added20 Dec 2024

    Declined at screening — Valuation overstated. No further action.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Senior Lender
Introducer
Stamford Capital
Contact
Jessica Moran
Deal lead
Tom Castellano