Rivergate - Mezz / Equity

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UC Funding

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Cedric Kingdelete

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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
01/20/2016Good call with Cedric King. Sounds like a deal they would be interested in. Is reviewing the details and discussing internally. Hopes to give us feedback by the end of the week. -- duke
01/25/2016Conversations continue to progress, and Cedric suggested that their team would be prepared to take a real run at this one, but that their cost of capital would need to be 15% (10% paid current, and 5% accrued), with a 2% fee going in, and a 1% fee on the exit. -- duke
02/03/2016Left voicemail -- duke