Pindara
Pindara
Origination
OPP-185DNPClosed

453 Melbourne St, Teneriffe

Parkland Partners · Fortitude Valley, QLD

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Amount
$8,350,000
Structure
Senior · Debt
Stage
05 Due Diligence
Received
24 Jul 2024

Request details

Sector
Industrial
Project type
Warehouse
Business plan
Secure DA & Sell site
Capital purpose
Residual Stock
Investment
Debt
Facility type
Senior
Amount
$8,350,000
Refinance
Yes
Target close
Location
Fortitude Valley, QLD
Rating
High

Notes & files

OD
Origination Desk25 Aug 2024

Did not proceed during DD — Borrower un-responsive. File closed.

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 Jul 2024
  2. Deal screening

    Pursue
  3. Indicative terms

    Interested
    Issued: 13 Aug 2024
  4. Term sheet

    Won
    Issued: 25 Aug 2024
    Accepted: 5 Sep 2024
  5. Due diligence

    DNP
    Borrower un-responsive
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received24 Jul 2024

    via Broker

  2. Indicative terms issued13 Aug 2024

    Interested

  3. Term sheet issued25 Aug 2024

    Won

  4. Note added25 Aug 2024

    Did not proceed during DD — Borrower un-responsive. File closed.

  5. Term sheet accepted5 Sep 2024

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Broker
Introducer
Harbour & Co
Contact
Chloe Watts
Deal lead
Tom Castellano