Cascades Overlook Refinance

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Principal Real Estate Investors

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Scott Pottebaumdelete

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Date09/03/2021
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
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  • Term Sheets Received
  • Executed Confidentiality Agreement Received
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Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
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DEAL TRACKING COMMENTS
DateComment
09/10/2021OM Sent -- pwitham
09/13/2021Unfortunately have to pass at this time. They look for the following: 1st step: Grocery Anchored 2nd step: Tenant mix (like to see variety of tenant types) 3rd step: see how much proceeds you can get on just the anchor and national tenants Only have about $50M allocated to retail for the rest of the year so are going to pass based on not enough national tenants. Would have only got to around $16M in total proceeds. -- pwitham