Company Profile - Deutsche Bank Commercial Real Estate Group (edit)
Export
| Most recent Comments - Deutsche Bank Commercial Real Estate Group | ||
|---|---|---|
| Date | Deal | Comment |
| 08/04/2021 | 8000 Wisconsin Avenue, Bethesda, MD | followed up on 7/28, no response -- don.atchison |
| 10/29/2015 | Rivergate - Senior Lender List | Passed - Loan is too small. For construction they target loans > $100 million. Would go smaller on existing assets, and would offer bridge loans starting between $50-75 million. -- duke |
| 10/21/2015 | Rivergate - Senior Lender List | Sent initial email -- duke |
| 06/23/2015 | 1255 22nd Street | Passed - After reviewing the deal, his team determined that it was too small for their construction platform. They target upwards of $100 million for construction loans. If this were a bridge loan with minor renovations, they would look at something between $50-$75M. -- duke |
| 06/11/2015 | 1255 22nd Street | Called at 3:30pm and he was hopping on a conference call, said he would return my call around 5-5:30pm -- duke |
| 06/05/2015 | 1255 22nd Street | Left voicemail -- duke |
| 06/01/2015 | 1255 22nd Street | Call with Pankil. While he initially thought it might not be a fit as his pricing will likely be mid-to-high single digits. We were able to turn him around, and encouraged him to continue working on it. He likes the location, and $80 million is right down their sweet spot. Their capital is non-recourse, and they can typically go up as far as 85% of the capital stack. They do have a high exposure to construction financing at the moment, but will continue to look at it. He said they were lending on a development in Manhattan at 70% LTC and were able to charge 7% on that. Someone from his team will be in town on Wednesday, and we are working to set up a property tour with him at that time. -- duke |
| 05/29/2015 | 1255 22nd Street | Send Pankil an email informing him that we are trying to receive term sheets the 2nd/3rd week in June, as well as to offer to give him a tour of the building should he wish. -- duke |
| 05/27/2015 | 1255 22nd Street | Left voicemail -- duke |
| 05/19/2015 | 1255 22nd Street | Good call with Pankil. He will be circling up internally, and hopes to be back to me with some general feedback either later today or tomorrow. Their financing is typically non-recourse, and is priced in the mid-to-high single digits. Had never heard of HITT Contracting, and asked about their bonding capabilities. I sent him over their Surety Bonding Qualification Letter. -- duke |
X