Pindara
Pindara
Origination
OPP-183DeclinedClosed

19 Grey St, South Brisbane

Northgate Projects · Woolloongabba, QLD

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Amount
$15,350,000
Structure
Mezzanine · Debt
Stage
01 Screening
Received
24 Jun 2024

Request details

Sector
Residential
Project type
Built To Rent
Business plan
Long Term Hold
Capital purpose
Bridging
Investment
Debt
Facility type
Mezzanine
Amount
$15,350,000
Refinance
Yes
Target close
Location
Woolloongabba, QLD
Rating
High

Notes & files

OD
Origination Desk24 Jun 2024

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: 24 Jun 2024
  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 received24 Jun 2024

    via Sponsor Direct

  2. Note added24 Jun 2024

    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
Andrew Kostas
Deal lead
James Whitfield