Coconut Grove - iStar

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J.I. Kislak

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Gus Ramirezdelete
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Date12/14/2025
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 )
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DEAL TRACKING COMMENTS
DateComment
10/17/2008Send Brochure -- bshattan
10/22/2008Property Tour 3:30 pm 10/23 -- bshattan
10/27/2008Property Tour toured 10/23 -- bshattan
11/03/2008Interest at the $11 million level... started with assumptions that the market today is in the low $500s psf and will decrease another 20%; expects 4-5 yr. absorption and over $20 psf in carry (including taxes, HOA, marketing, G&A, etc). needs mid 20s IRRs. -- bshattan
11/11/2008Bid $10.5 mm all cash -- bshattan