Case No 10
They had been working to acquire a third asset, a neighbourhood shopping centre, and had been speaking to other investment houses to assist in the equity requirement to diversify their investor base. Approaching settlement, a substantial investor withdrew their interest for internal reasons, jeopardising the whole transaction.
Within a very tight timeframe Dorado was able to commit to taking the position of the withdrawn substantial investor, without any alterations to the existing structure. Funds were delivered several days later and this enabled the settlement to occur on time with no penalty.