Artena Apartments - Mezz/Pref. Equity

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Beach Point Capital

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Date01/30/2023
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
Categories
  • Term Sheets Received
  • Executed Confidentiality Agreement Received
  • Detailed Discussions
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Investment Criteria
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
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DEAL TRACKING COMMENTS
DateComment
01/30/2023Followed up with Andrew Chen -- pwitham
02/03/2023Typically fill in 20% of the capital stack - 60 to 80% or 55 to 75% LTC. Also need a stabilized debt yield of 7.5% minimum. -- pwitham