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Guardian Life Insurance Company of America, The

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Daniel Maplesdelete
Matthew Brennandelete
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Date10/27/2015
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
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Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
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DEAL TRACKING COMMENTS
DateComment
01/20/2016Left voicemail -- duke
01/20/2016Received voicemail, left voicemail -- duke
01/25/2016Passed - He mentioned that they are getting quite nervous with where we are in the cycle, and with all of the multifamily product coming online in DC, he said it would be difficult for them to get comfortable with sufficient demand in Woodbridge. He had looked at a different development recently in Woodbridge, and as such had gone down and did a tour of the market. They have a prime in-fill location in the DC market that is in lease-up, and they are seeing some softness in the market versus where they thought they would be. As such, if they are seeing that in a more downtown/urban location, he thought it would be felt more pronounced in a more suburban location. -- duke