Pindara
Pindara
Origination
OPP-077DeclinedClosed

447 Grey St, South Yarra

Northgate Urban · Box Hill, VIC

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Amount
$13,850,000
Structure
Mezzanine · Debt
Stage
01 Screening
Received
22 Jul 2024

Request details

Sector
Residential
Project type
PBSA
Business plan
Sub-divide & Sell
Capital purpose
Refinance
Investment
Debt
Facility type
Mezzanine
Amount
$13,850,000
Refinance
No
Target close
Location
Box Hill, VIC
Rating
Medium

Notes & files

OD
Origination Desk22 Jul 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: 22 Jul 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 received22 Jul 2024

    via Broker

  2. Note added22 Jul 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
Broker
Introducer
Lumen Finance Partners
Contact
David Phelps
Deal lead
Marcus Lee