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Date	10/16/2014
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
Equity Minimum: $50 Million Debt Minimum: $10 Million
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
10-27-14 - Passed - Too small from an equity standpoint, timing is too short, and they are conservative on their pricing estimates for the condo sellout

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
10/23/2014	PW & DF - Call with Nu - depending on the location and the sponsor they may consider condos. $20M is borderline too small for them. From a timing standpoint, they would not be able to do it by December 8th as a preferred equity slug, but could maybe do it as a junior debt or mezz debt. They can go as high as 95% LTC as Mezz. As for sizing, from an equity standpoint, their minimum is $50M and their minimum on the debt side is $10M. Will send him the package, and he wanted to understand when their money would be going in/how the 70% LTC loan works. -- duke
10/27/2014	Passed - Too small from an equity standpoint, timing is too short, and they are conservative on their pricing estimates for the condo sellout -- duke

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