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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 )
06/15/2015 - Passed - They have had a few construction loans hit in the past couple of weeks, and they need to digest those before taking on anymore.

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
06/08/2015	5/6/15 - Initial email sent. 6/1/15 - Left voicemail and resent the financing package. 6/8/15 - DF left voicemail -- duke
06/09/2015	Call with Mark. He was unable to access the package, and asked that I email him a pdf. I sent him credentials to access the FTP site. He used to work on 22nd street, so he knows the location well. They can generally lend up to 85% of the stack, and they are looking for yield so they are considering construction loans. They only do a few construction loans with any given fund, but they are doing them. They do a lot of bridge lending, and typically their cost of capital is high 4% to 5%. They also do Mezz and their rates are around 7% up to 70% LTC, and 8.5% up to 11% up to 85% LTC. -- duke
06/10/2015	Left voicemail to confirm he was able to access the package -- duke
06/12/2015	Left voicemail to confirm he was able to access the package -- duke
06/15/2015	left voicemail -- duke
06/15/2015	Passed - They have had a few construction loans hit in the past couple of weeks, and they need to digest those before taking on anymore. -- duke

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