| Most recent Comments - Prime Finance | ||
|---|---|---|
| Date | Deal | Comment |
| 08/17/2022 | 7201/7235 Wisconsin Avenue | Too transitional -- pwitham |
| 10/27/2021 | Meladon Retail Deals | Sent both deals -- pwitham |
| 02/01/2016 | Rivergate - Mezz / Equity | Passed - They were unable to get comfortable with the underwriting. Offers to speak with IDI and Kettler/Noell were offered on multiple occasions to no avail. They were underwriting to an average of $1.70 psf rents, and were only comfortable going up to the low-mid $70\'s in proceeds. -- duke |
| 01/25/2016 | Rivergate - Mezz / Equity | 01/22/16 - Positive emails going back and forth, they are continuing to dig in. They asked about IDI\'s basis in the property, sales comps, how we justify being approximately 10-20% premium above the rest of the market on rents, and whether terms with a senior lender had been agreed on. We responded to each question, and are awaiting further questions or feedback. We have offered a call back with IDI and Kettler, and are waiting to hear back. -- duke |
| 01/20/2016 | Rivergate - Mezz / Equity | Left voicemail providing Jeff with the update regarding the GMP negotiations as well as the current status regarding building permits. Received a follow-up email thanking us for the details, and that they will try to be back to us in the next several days. Their team has been bogged down with a closing the past week. -- duke |
| 01/20/2016 | Rivergate - Mezz / Equity | Left voicemail, and provided the update on the GMP discussions as well as the current status regarding building permits. -- duke |
| 01/19/2016 | Rivergate - Mezz / Equity | Left voicemail -- duke |
| 01/15/2016 | Rivergate - Mezz / Equity | They are reviewing the deal internally, and subject to positive feedback would propose having a call with Kettler and IDI sometime next week. -- duke |
| 01/14/2016 | Rivergate - Mezz / Equity | Left voicemail -- duke |
| 01/12/2016 | Rivergate - Mezz / Equity | left voicemail -- duke |
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