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Date	02/12/2015
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
Categories	Term Sheets Received Executed Confidentiality Agreement Received Detailed Discussions Initial Discussions Groups that have Passed Uncategorized
Investment Criteria
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
06/09/2015 - Left voicemail and sent introductory email to Chuck Herndon. Received automated response that he is out of the office until June 14th, and listed Denita Nash as an additional contact. Left voicemail for Denita Nash.

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
06/09/2015	Left voicemail and sent introductory email to Chuck Herndon. Received automated response that he is out of the office until June 14th, and listed Denita Nash as an additional contact. Left voicemail for Denita Nash. -- duke
06/22/2015	Passed - Sizing of the loan would be difficult as their funds top out around $50 million. They cannot do construction-to-permanent loans, and their non-recourse capital tends to cap out at 50% LTC. As well, they have had a number of construction loans close, and as such they have limited capacity for further deals at this time. He manages the East region out of their Birmingham office, and their office has put out $1 billion this year thus far. They primarily lend from Florida to California, and have not been overly active in the DC region. For their recourse capital, it will typically be low 200's over libor, and would consider all asset types. They tend to hold onto loans for 5 years internally, so any term longer than that would be syndicated. -- duke

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