steve11523
Member of DD Central
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Post by steve11523 on Jun 7, 2018 18:52:32 GMT
The narrative for Tranche 10 talks of extending the loans to September to facilitate the refinance. It sounds as if the project is nearing completion but no clear indication is given of when the block will be ready for occupation
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Post by Deleted on Sept 19, 2018 12:30:48 GMT
Lendy said: "Thank you for getting back in touch. If the borrower were to make full use of the recently agreed extension then conceivably they would be able to receive students in March 2019 (if not before hand), however we are aware that a large proportions of student lets may not start until September." So realistically it won't be occupied till next academic year  |
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jan 11, 2019 9:40:29 GMT
Lord Vader Imperial monitioring posts have dedected the presence of a rebel charge on this location. This appears to indicate a previously undetected alliance between the borrower & an external group.
Imperial units have ben dispatched to investigate This forum is considered too remote for a demonstration of the awesome power of our destructive capabilities PS Also relates to Collateral loan
Details/links added to Imperial secret archive
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ped
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Post by ped on Jan 13, 2019 14:24:54 GMT
Not having much knowledge of The Force, I wondered if you have any idea what's going on?
Some of the rooms were on COL, have they been repaid maybe?
The blocks on Ly, does that give us hope of some repayment soon?
Or is it just move money been thrown at these once good sounding projects.
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Post by captainconfident on Jan 13, 2019 14:32:51 GMT
I invested in these on the principle of investing in buildings that exist rather than in drawings of buildings that might one day exist. While this borrower's portfolio might have got into a mess, I am still assuming that our full value is present in these near completed projects.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
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Post by ilmoro on Jan 13, 2019 15:06:24 GMT
IIRC correctly the individual rooms had been repaid on Col but the subsequent loans secured on the freehold remain outstanding. (NB different block but same borrower)
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adrianc
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Post by adrianc on Jan 13, 2019 18:12:01 GMT
I invested in these on the principle of investing in buildings that exist rather than in drawings of buildings that might one day exist. While this borrower's portfolio might have got into a mess, I am still assuming that our full value is present in these near completed projects. Refinancing/sale was just around the corner for all/most of these projects, wasn't it? Refinance might have hit a buffer if the borrower has some woes elsewhere in his empire, I s'pose.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Jan 13, 2019 22:44:37 GMT
These should work out OK in the end.
This type of accomodation is always in demand.
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Post by p2plender on Jan 13, 2019 23:25:11 GMT
These should work out OK in the end.
This type of accomodation is always in demand.
Yeah it is and that's why everyman and his dog started developing these things..
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Jan 13, 2019 23:50:28 GMT
These should work out OK in the end.
This type of accomodation is always in demand.
Yeah it is and that's why everyman and his dog started developing these things.. The new younger generation need a place to get away from the parents at 35 years old 
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