Pindara
Pindara
Origination
OPP-118DeclinedClosed

257 Gympie Rd, Newcastle

Cedarstone Capital · Rhodes, NSW

Edit
Amount
$20,250,000
Structure
Senior · Debt
Stage
01 Screening
Received
20 Jan 2025

Request details

Sector
Residential
Project type
Apartments
Business plan
Long Term Hold
Capital purpose
Refinance
Investment
Debt
Facility type
Senior
Amount
$20,250,000
Refinance
Yes
Target close
Location
Rhodes, NSW
Rating
Medium

Notes & files

OD
Origination Desk20 Jan 2025

Declined at screening — Leverage requested. 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: 20 Jan 2025
  2. Deal screening

    Declined
    Leverage requested
  3. Indicative terms

    Pending
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received20 Jan 2025

    via Sponsor Direct

  2. Note added20 Jan 2025

    Declined at screening — Leverage requested. No further action.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Sponsor Direct
Introducer
Contact
Chloe Watts
Deal lead
Elena Roberts