---

---

---

Date	02/04/2015
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 )
3-2-15 - Jeff Hunkele is responsible for southern VA through the Carolinas. They really like the deal, and would structure it as a traditional 3 year construction loan with a cmbs/Fannie Mae/Freddie Mac/Life company takeout. This is right down the middle of their size range. 85% of their construction lending is multifamily. 75% LTC seems to fit their program. They would likely seek a full completion guarantee, repayment guarantee that burns down at C of O, and then again at stabilization. Requested a conference call with the client on Tuesday, March 3rd, 2015.

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
03/02/2015	PW sent summary details to Ken on 2.17.15 -- duke
03/02/2015	Jeff Hunkele is responsible for southern VA through the Carolinas. They really like the deal, and would structure it as a traditional 3 year construction loan with a cmbs/Fannie Mae/Freddie Mac/Life company takeout. This is right down the middle of their size range. 85% of their construction lending is multifamily. 75% LTC seems to fit their program. They would likely seek a full completion guarantee, repayment guarantee that burns down at C of O, and then again at stabilization. Requested a conference call with the client on Tuesday, March 3rd, 2015. -- duke

---