Pindara
Pindara
Origination
OPP-259WithdrawnClosed

413 Montague Rd, Maroochydore

Ridgeway Property Co · Newstead, QLD

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Amount
$10,200,000
Structure
Mezzanine · Debt
Stage
02 Underwriting
Received
9 May 2024

Request details

Sector
Retail
Project type
Neighbourhood Centre
Business plan
Re-position & Hold
Capital purpose
Construction
Investment
Debt
Facility type
Mezzanine
Amount
$10,200,000
Refinance
Yes
Target close
Location
Newstead, QLD
Rating
Medium

Notes & files

OD
Origination Desk21 Jun 2024

Indicative terms issued — withdrawn.

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: 9 May 2024
  2. Deal screening

    Pursue
  3. Indicative terms

    Withdrawn
    Issued: 21 Jun 2024
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received9 May 2024

    via Sponsor Direct

  2. Indicative terms issued21 Jun 2024

    Withdrawn

  3. Note added21 Jun 2024

    Indicative terms issued — withdrawn.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Sponsor Direct
Introducer
Contact
Olivia Grant
Deal lead
Tom Castellano