Pindara
Pindara
Origination
OPP-224DeclinedClosed

260 Gympie Rd, South Brisbane

Brightwater Capital · Southport, QLD

Edit
Amount
$25,850,000
Structure
Preferred Equity · Equity
Stage
01 Screening
Received
21 Jun 2024

Request details

Sector
Residential
Project type
House & Land
Business plan
Re-position & Sell
Capital purpose
HeadCo Capital
Investment
Equity
Facility type
Preferred Equity
Amount
$25,850,000
Refinance
Target close
Location
Southport, QLD
Rating
Medium

Notes & files

OD
Origination Desk21 Jun 2024

Declined at screening — Valuation overstated. 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: 21 Jun 2024
  2. Deal screening

    Declined
    Valuation overstated
  3. Indicative terms

    Pending
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received21 Jun 2024

    via Sponsor Direct

  2. Note added21 Jun 2024

    Declined at screening — Valuation overstated. No further action.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Sponsor Direct
Introducer
Contact
Chloe Watts
Deal lead
Tom Castellano