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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 )
03/19/15 - PASSED - Not comfortable with spec office. Call with Roger, they tend to struggle with spec office loans in general, much less non-recourse spec office loans. He requested additional information on the area such as lease comps, land comps, etc. We sent those over, and he is reviewing. He likes the Mountain View market, and agrees that it is a market where speculative development could potentially be considered, albeit perhaps at partial recourse that burns off with leasing. He is continuing to review the deal, and will be back to us with any additional questions he has.

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
03/11/2015	Sent Roger the introductory email -- duke
03/19/2015	Call with Roger, they tend to struggle with spec office loans in general, much less non-recourse spec office loans. He requested additional information on the area such as lease comps, land comps, etc. We sent those over, and he is reviewing. He likes the Mountain View market, and agrees that it is a market where speculative development could potentially be considered, albeit perhaps at partial recourse that burns off with leasing. He is continuing to review the deal, and will be back to us with any additional questions he has. -- duke

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