Pindara
Pindara
Origination
OPP-114DeclinedClosed

26 Church St, Newstead

Solace Living · Robina, QLD

Edit
Amount
$9,850,000
Structure
Senior · Debt
Stage
01 Screening
Received
22 Jun 2024

Request details

Sector
Alternative
Project type
Hospitality
Business plan
Build to Hold
Capital purpose
Acquisition
Investment
Debt
Facility type
Senior
Amount
$9,850,000
Refinance
Yes
Target close
Location
Robina, QLD
Rating
Medium

Notes & files

OD
Origination Desk22 Jun 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 Jun 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 Jun 2024

    via Online Enquiry

  2. Note added22 Jun 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
Online Enquiry
Introducer
Contact
David Phelps
Deal lead
Marcus Lee