OPP-218DNPClosed
83 Brunswick St, Geelong
Ridgeway Property Group · Footscray, VIC
Amount
$31,350,000
Structure
Senior · Debt
Stage
05 Due Diligence
Received
7 Feb 2024
Request details
- Sector
- Office
- Project type
- Fringe
- Business plan
- Build to Sell
- Capital purpose
- Recapitalisation
- Investment
- Debt
- Facility type
- Senior
- Amount
- $31,350,000
- Refinance
- Yes
- Target close
- —
- Location
- Footscray, VIC
- Rating
- High
Notes & files
OD
Origination Desk4 Apr 2024
Did not proceed during DD — Borrower sold site. File closed.
Documents
UI previewInformation 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
Received
CompleteDate received: 7 Feb 2024Deal screening
PursueIndicative terms
InterestedIssued: 5 Mar 2024Term sheet
WonIssued: 4 Apr 2024Accepted: 16 Apr 2024Due diligence
DNPBorrower sold siteFinancial close
Pending
Activity timeline
Chronological status history
- Opportunity received7 Feb 2024
via Senior Lender
- Indicative terms issued5 Mar 2024
Interested
- Term sheet issued4 Apr 2024
Won
- Note added4 Apr 2024
Did not proceed during DD — Borrower sold site. File closed.
- Term sheet accepted16 Apr 2024
Follow-ups
Next actions on this file
No open follow-ups on this file.
Source & contacts
- Source
- Senior Lender
- Introducer
- Pemberton Commercial
- Contact
- Rebecca Hall
- Deal lead
- Tom Castellano