Rivergate - Mezz / Equity

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Red Capital Group LLC

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Daniel Jonesdelete
Kenneth Bowendelete

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Date10/27/2015
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
04/11/2016Had a good call with Dan Jones. He has not received email, but showed interest in the deal. They are able to use their own balance sheet for construction senior and mezz financing for multifamily, student and senior housing, at 70%-75% LTC for senior loan and up to 85% LTC for mezz, typical size for mezz is $10-20 million, but can go up depending on the sponsor and deal metrics. They will want to see an exit strategy or have a first look at perm financing. Will re-send email and follow-up -- duke
04/12/2016Sent Dan the initial email -- duke