Company Profile - Citizens Bank (edit)

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Most recent Comments - Citizens Bank
DateDealComment
01/11/2023Artena Apartments - Leasehold Ordinarily this would be a loan they would do. However, in today\'s lending environment they are being very selective with both projects and lenders. They want to reserve their funds for existing customers and the best projects. -- pwitham
11/15/2022600 E StreetFollow up email sent -- pwitham
11/09/2022600 E StreetEmail sent to Doug Davidson -- pwitham
08/24/20227201/7235 Wisconsin AvenueLeft voicemail to Doug Davidson -- pwitham
10/26/2021Meladon Retail DealsTim Ryder is relatively bullish on retail but will have to Pass. Like Kohl\'s but Dicks makes them uneasy. -- pwitham
10/22/2021Meladon Retail DealsHaymarket is too small. Have interest in reviewing Lexington Village. -- pwitham
10/22/2021Meladon Retail DealsHaymarket is too small. Have interest in reviewing Lexington Village. -- pwitham
10/19/2021Meladon Retail DealsSent initial email -- pwitham
09/21/2021Cascades Overlook RefinanceLoan Amount: $36,000,000. Loan Sizing: As follows: (i) 65% LTV based on as-is appraised value; (ii) 1.25 DSC based on the following: in-place NOI; actual vacancy; 3.50% management fee; $0.20 psf reserves; 6.25% rate; 30-year schedule. Funding: Loan fully funded at closing. Term: Three years. Interest Rate: LIBOR + 2.50% (one month). LIBOR Floor: Zero percent. Loan Fee: 65 bps. Extension Options: Two 12-month options. -- pwitham
09/14/20218000 Wisconsin Avenue, Bethesda, MDWould look to syndicate a portion - would probably take $60M Pricing would be in the 250-275 bps range 75-100 bps fee 25% recourse 6M liquidity, $100M net worth 0% Floor -- pwitham
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