Pindara
Pindara
Origination
OPP-123Negotiating TermsActive

84 Commercial Rd, Glenelg

Stonehaven Property Co · Glenelg, SA

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Amount
$6,150,000
Structure
Senior · Debt
Stage
03 Terms Issued
Received
27 Aug 2024

Request details

Sector
Residential
Project type
PBSA
Business plan
Secure DA & Sell site
Capital purpose
HeadCo Capital
Investment
Debt
Facility type
Senior
Amount
$6,150,000
Refinance
Yes
Target close
20 Apr 2025
Location
Glenelg, SA
Rating
Medium

Notes & files

OD
Origination Desk5 Nov 2024

Term sheet issued; negotiating terms. Negotiating commercial terms.

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: 27 Aug 2024
  2. Deal screening

    Pursue
  3. Indicative terms

    Interested
    Issued: 8 Oct 2024
  4. Term sheet

    Negotiating Terms
    Issued: 5 Nov 2024
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received27 Aug 2024

    via Referral

  2. Indicative terms issued8 Oct 2024

    Interested

  3. Term sheet issued5 Nov 2024

    Negotiating Terms

  4. Note added5 Nov 2024

    Term sheet issued; negotiating terms. Negotiating commercial terms.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Referral
Introducer
Ashbourne Capital
Contact
Nathan Brooks
Deal lead
James Whitfield