OPP-079Financial CloseCurrent
271 Victoria Pde, Newstead
Stonehaven Living · Milton, QLD
Amount
$10,550,000
Structure
Senior · Debt
Stage
08 Closing
Received
30 Sep 2023
Request details
- Sector
- Residential
- Project type
- Built To Rent
- Business plan
- Sub-divide & Sell
- Capital purpose
- Refinance
- Investment
- Debt
- Facility type
- Senior
- Amount
- $10,550,000
- Refinance
- Yes
- Target close
- —
- Location
- Milton, QLD
- Rating
- Low
Notes & files
OD
Origination Desk2 Mar 2024
Financial close completed for 271 Victoria Pde, Newstead. 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: 30 Sep 2023Deal screening
PursueIndicative terms
InterestedIssued: 25 Oct 2023Term sheet
WonIssued: 12 Nov 2023Accepted: 1 Dec 2023Due diligence
Financial CloseFinancial close
Financial CloseClosed: 2 Mar 2024
Activity timeline
Chronological status history
- Opportunity received30 Sep 2023
via Senior Lender
- Indicative terms issued25 Oct 2023
Interested
- Term sheet issued12 Nov 2023
Won
- Term sheet accepted1 Dec 2023
- Financial close2 Mar 2024
- Note added2 Mar 2024
Financial close completed for 271 Victoria Pde, Newstead. 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
- Northpoint Brokers
- Contact
- Chloe Watts
- Deal lead
- Marcus Lee