Rivergate - Senior Lender List

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Pacific Life Insurance Company

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Mike Scafuridelete
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Date09/22/2015
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 )
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DEAL TRACKING COMMENTS
DateComment
10/21/2015Sent initial email -- duke
10/21/2015Passed - "This one is a bit too far outside the box for us at this point. In DC especially, we’ve been focused on truly urban or strong metro-located sites, and I think this one is just too far outside the CBD for us to gain any traction internally. Also, the shortest term we can offer on our construction/perm financings these days is 7 years, with a strong portfolio preference of 10+. Still targeting about +/-65% LTC, and we wouldn’t allow mezz behind us. So, I think all told we’re not the best fit for this particular deal unfortunately." -- duke