Rivergate - Senior Lender List

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Union Bank

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Len Clarkdelete
Peter Hannigandelete
Tom Littledelete

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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
11/10/2015left voicemail -- duke
12/01/2015Call with Tom Little. He is based out of San Francisco, and their coverage is determined by the location of the sponsor. He has financed a tower in Tysons and a building on H Street, but they were on behalf of a west coast sponsor. Due to the sponsor being located in DC, it would likely be handled by their New York office (the former PB Capital team). He suggested I reach out to Peter Hannigan at (212) 590-0777 (also likely not the right contact, but he can point me in the right direction). -- duke
12/01/2015left voicemail for Peter Hannigan -- duke
12/01/2015Received voicemail from Peter Hannigan, requested I send him an email with the details. I have sent the email, and am awaiting feedback -- duke
12/01/2015Peter Hannigan responded and Mike Rogers in their NY office will be reviewing this opportunity. -- duke
12/08/2015Received voicemail and left follow-up voicemail -- duke
12/09/2015left voicemail to follow up -- duke
12/14/2015Passed - While they like the sponsorship on this transaction, the majority of their construction loans are in the major gateway markets. DC in particular is difficult for them on the multifamily side due to all of the supply hitting the market. If IDI were an existing client, they might go to the suburbs, but unfortunately they are passing on this opportunity. -- duke