Company Profile - Principal Financial Group (edit)

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Most recent Comments - Principal Financial Group
DateDealComment
10/19/2021Meladon Retail DealsHave seen the deals before. They are not in the market for Lexington Village due to location and the fact that they are over exposed to Kohl\'s. Haymarket is too small. -- pwitham
10/19/2021Meladon Retail DealsSent initial email -- pwitham
08/04/2020Westwood II & IIIFocus is on higher quality buildings with LEED certification and modern ventilation systems. I think the market is still trying to figure out the future of office as it relates to space usage and ventilation requirements. To get any traction on ‘B’ assets we’ll need to be no greater than 55% LTV on our valuation and have a 25-year maximum amortization. Very focused on rapid amortization. -- pwitham
04/03/2020Westwood II & IIIMy best guess is we would be in the $16M-$18M loan range with a 25-year amortization (no i/o). Pricing is still foggy, probably 4.50%-5% all-in rate for this profile. -- pwitham
03/27/2020Westwood II & IIIMemo sent -- pwitham
02/12/2016200 Stovall StreetLeft voicemail, awaiting feedback -- duke
02/04/2016Rivergate - Mezz / EquityPassed - Unable to get traction internally due to location -- duke
02/03/2016Rivergate - Mezz / EquityScott likes the Woodbridge area. They are constrained to 75% LTC but may be able to consider the phase II land within the budget. -- duke
01/27/2016Rivergate - Mezz / Equityleft voicemail, awaiting feedback -- duke
01/20/2016Rivergate - Mezz / Equityleft voicemail, awaiting feedback. -- duke
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