Calvano MV Portfolio - Bridge Debt

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Josh Lickeigdelete
Kyle Pecodelete
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Date07/10/2015
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
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DEAL TRACKING COMMENTS
DateComment
07/15/2015Josh is reviewing and will be back early next week (due to travel) -- Tim
07/20/2015Expecting feedback on Tuesday 7/21 -- Tim
07/21/2015May not get there on the leverage due to the lack of cashflow - They could get to about 55% of cost. They will need a full springing guarantee on the loan proceeds. They would like to do the bridge loan and roll it into a construction loan. 4.50% rate -- Tim