OPP-276LostClosed
267 Montague Rd, Newcastle
Parkland Developments · Manly, NSW
Amount
$26,550,000
Structure
Mezzanine · Debt
Stage
03 Terms Issued
Received
28 Jul 2023
Request details
- Sector
- Alternative
- Project type
- Land-Lease Community
- Business plan
- Re-position & Hold
- Capital purpose
- Acquisition
- Investment
- Debt
- Facility type
- Mezzanine
- Amount
- $26,550,000
- Refinance
- No
- Target close
- —
- Location
- Manly, NSW
- Rating
- Medium
Notes & files
OD
Origination Desk4 Sep 2023
Term sheet lost — Incumbent Lender opted to stay.
Documents
UI previewInformation Memorandum.pdf4.2 MB
Financial model.xlsx1.1 MB
Heads of Terms.docx320 KB
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Document storage is mocked in this prototype
Pipeline workflow
Progress through the origination gates
Received
CompleteDate received: 28 Jul 2023Deal screening
PursueIndicative terms
InterestedIssued: 18 Aug 2023Term sheet
LostIssued: 4 Sep 2023Incumbent Lender opted to stayDue diligence
PendingFinancial close
Pending
Activity timeline
Chronological status history
- Opportunity received28 Jul 2023
via Senior Lender
- Indicative terms issued18 Aug 2023
Interested
- Term sheet issued4 Sep 2023
Lost
- Note added4 Sep 2023
Term sheet lost — Incumbent Lender opted to stay.
Follow-ups
Next actions on this file
No open follow-ups on this file.
Source & contacts
- Source
- Senior Lender
- Introducer
- Ashbourne Capital
- Contact
- Andrew Kostas
- Deal lead
- Marcus Lee