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Date	10/27/2015
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 )

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
04/11/2016	left voicemail -- duke
04/13/2016	Good call with Harris Neuberg, but timing might be an issue. They typically like to commit to the whole loan, sell off the A piece internallly, and retain the B note. They are currently investing out of their 4th fund which is a $1.4 billion fund, and are in the process of raising their 5th fund which is targeted to be north of $2.2 billion. Their 4th fund's allocation to construction at this point is just about filled, and they are yet to close on their first deals within the 5th fund. They like construction deals, and they prefer to do deals where they can hold a $20+ million mezzanine piece, and as such target total deal sizes north of $90 million. He said that on a blended rate, depending where the senior loans come in their pricing is typically in the LIBOR + 500's to low 600's. They tend to be more competitive in deals that involve heavy lift value-add, ground up construction, or bridge loans. He is going to circle up internally regarding the 5th fund status, and will be back to me as he personally likes the deal. -- duke

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