Pindara
Pindara
Origination
OPP-074LostClosed

117 Vulture St, South Brisbane

Northgate Urban · South Brisbane, QLD

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Amount
$10,350,000
Structure
Senior · Debt
Stage
02 Underwriting
Received
28 Jun 2025

Request details

Sector
Residential
Project type
Built To Rent
Business plan
Re-position & Hold
Capital purpose
Recapitalisation
Investment
Debt
Facility type
Senior
Amount
$10,350,000
Refinance
Yes
Target close
Location
South Brisbane, QLD
Rating
Medium

Notes & files

OD
Origination Desk12 Aug 2025

Indicative terms issued — lost.

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: 28 Jun 2025
  2. Deal screening

    Pursue
  3. Indicative terms

    Lost
    Issued: 12 Aug 2025
    Borrower un-responsive
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received28 Jun 2025

    via Sponsor Direct

  2. Indicative terms issued12 Aug 2025

    Lost

  3. Note added12 Aug 2025

    Indicative terms issued — lost.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Sponsor Direct
Introducer
Contact
Michael Tan
Deal lead
Daniel Hsu