Pindara
Pindara
Origination
OPP-084WithdrawnClosed

288 Commercial Rd, Teneriffe

Beacon Developments · Southport, QLD

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Amount
$80,250,000
Structure
Senior · Debt
Stage
03 Terms Issued
Received
8 May 2024

Request details

Sector
Retail
Project type
Street Front
Business plan
Trade Up & Exit
Capital purpose
Bridging
Investment
Debt
Facility type
Senior
Amount
$80,250,000
Refinance
Yes
Target close
Location
Southport, QLD
Rating
Medium

Notes & files

OD
Origination Desk7 Jul 2024

Term sheet withdrawn — Borrower relationship with other Lender.

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: 8 May 2024
  2. Deal screening

    Pursue
  3. Indicative terms

    Interested
    Issued: 9 Jun 2024
  4. Term sheet

    Withdrawn
    Issued: 7 Jul 2024
    Borrower relationship with other Lender
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received8 May 2024

    via Referral

  2. Indicative terms issued9 Jun 2024

    Interested

  3. Term sheet issued7 Jul 2024

    Withdrawn

  4. Note added7 Jul 2024

    Term sheet withdrawn — Borrower relationship with other Lender.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Referral
Introducer
Greenhill Capital Advisory
Contact
Rebecca Hall
Deal lead
Priya Nair