OPP-137Financial CloseCurrent
95 Montague Rd, Preston
Quayside Projects · Footscray, VIC
Amount
$7,750,000
Structure
Senior · Debt
Stage
08 Closing
Received
10 Mar 2024
Request details
- Sector
- Residential
- Project type
- Townhouses
- Business plan
- Re-position & Hold
- Capital purpose
- Residual Stock
- Investment
- Debt
- Facility type
- Senior
- Amount
- $7,750,000
- Refinance
- No
- Target close
- —
- Location
- Footscray, VIC
- Rating
- High
Notes & files
OD
Origination Desk17 Sep 2024
Financial close completed for 95 Montague Rd, Preston. 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: 10 Mar 2024Deal screening
PursueIndicative terms
InterestedIssued: 8 Apr 2024Term sheet
WonIssued: 22 Apr 2024Accepted: 13 May 2024Due diligence
Financial CloseFinancial close
Financial CloseClosed: 17 Sep 2024
Activity timeline
Chronological status history
- Opportunity received10 Mar 2024
via Broker
- Indicative terms issued8 Apr 2024
Interested
- Term sheet issued22 Apr 2024
Won
- Term sheet accepted13 May 2024
- Financial close17 Sep 2024
- Note added17 Sep 2024
Financial close completed for 95 Montague Rd, Preston. Facility funded; file moved to monitoring.
Follow-ups
Next actions on this file
No open follow-ups on this file.
Source & contacts
- Source
- Broker
- Introducer
- Ashbourne Capital
- Contact
- Olivia Grant
- Deal lead
- Tom Castellano