Pindara
Pindara
Origination
OPP-263DNPClosed

4 Edward St, Milton

Ironbark Property Group · South Brisbane, QLD

Edit
Amount
$16,350,000
Structure
Senior · Debt
Stage
04 IC Endorsement
Received
18 May 2023

Request details

Sector
Office
Project type
Fringe
Business plan
Build to Sell
Capital purpose
Equity Release
Investment
Debt
Facility type
Senior
Amount
$16,350,000
Refinance
Yes
Target close
Location
South Brisbane, QLD
Rating
High

Notes & files

OD
Origination Desk26 Jun 2023

Did not proceed during DD — Borrower sold site. 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: 18 May 2023
  2. Deal screening

    Pursue
  3. Indicative terms

    Interested
    Issued: 9 Jun 2023
  4. Term sheet

    Won
    Issued: 26 Jun 2023
    Accepted: 5 Jul 2023
  5. Due diligence

    DNP
    Borrower sold site
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received18 May 2023

    via Online Enquiry

  2. Indicative terms issued9 Jun 2023

    Interested

  3. Term sheet issued26 Jun 2023

    Won

  4. Note added26 Jun 2023

    Did not proceed during DD — Borrower sold site. File closed.

  5. Term sheet accepted5 Jul 2023

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Online Enquiry
Introducer
Contact
Andrew Kostas
Deal lead
Marcus Lee