Company Profile - United Bank (edit)

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Most recent Comments - United Bank
DateDealComment
06/11/2024Red Lion Hotel Eric Morales passed on to LeVar Crooms - Levar.Crooms@bankwithunited.com -- pwitham
06/09/2024Red Lion Hotel Financing Memo sent to Eric Morales - 6/10/24 -- pwitham
08/13/20218000 Wisconsin Avenue, Bethesda, MDWould need a minimum of completion guarantee. Institutional quality sponsor required - Elm Street Development, JBG etc. View sponsor as non-institutional developer which is a non-starter. They are not comfortable at all with the sponsorship and the guarantor. -- pwitham
08/13/20218000 Wisconsin Avenue, Bethesda, MDLeft message to follow up. -- pwitham
07/29/20202200 Wilson BoulevardActively underwriting - sent 3 years P&L -- pwitham
07/28/20202200 Wilson BoulevardActively underwriting -- pwitham
07/16/20202200 Wilson BoulevardMemo sent -- pwitham
12/15/2015Rivergate - Senior Lender ListPassed - Too much indigestion internally surrounding the size of the project/number of units that would be delivering at the same time. Might consider a participating piece, but they would likely look for full repayment guarantees. -- duke
12/02/2015Rivergate - Senior Lender List12/1/15 - Despite the positive meeting down at the site, Barbara is having difficulty pushing this forward internally at the proposed structure. Their primary concern relates to the size of the transaction, and the total number of units in the project all coming online at one time. While their legal lending limit is $210 million, due to the number of units in this project, they would likely not be able to be the lead bank on the transaction. Additionally, she said their non-recourse funds top out at 50% LTC. -- duke
11/20/2015Rivergate - Senior Lender ListSite tour arranged for Monday 11/23/2015 at 2pm -- duke
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