Loans

Source: Grand SummaryUpdated Aug 10, 2026, 1:40 PM UTC · Read Aug 16, 2026, 6:45 PM UTC

Property

3631-3633 Salem St

Loan 10006791 · Meitav · Indianapolis, IN

Current statusDelinquency Past Due 120+Recovery stageNot connectedForeclosure stageLoan matured on 08/01/26. Waiting on updated Payoff Statement for new Notice of Default.Liquidation stageNot connected

UPB

$139.9K

Source: Grand SummaryWorkbook updated Aug 10, 2026, 1:40 PM UTCLast read Aug 16, 2026, 6:45 PM UTC

Operating Summary

Current situation

Next action

Owner

Due date

Blocking issue

Expected recovery

Best bid

Monthly carry cost

Cost of delay

Expected time to cash

Risk level

Confidence

Low — 39 of 209 fields available from connected sources (19%)

Timeline
Partial

Grand Summary is connected, and PipeDrive and LMS are each connected as a read-only snapshot (not live). SharePoint, Email, Recovery OS, AI, Payments, Documents, and Approvals are not connected — none of their events appear here.

  • Nov 27PipeDrive deal openedPipeDrive(Deal 5291 (snapshot, not live))
  • Nov 30Loan originationGrand Summary(Loan_Origination_Date)
  • Dec 10LMS status: FUNDEDStatus Change((snapshot, not live))
  • Jan 23LMS status: FUNDEDStatus Change(15% complete (snapshot, not live))
  • Mar 12LMS status: FUNDEDStatus Change(75% complete (snapshot, not live))
  • Jul 1Last capital drawGrand Summary(Last_Date_Invested)
  • Jan 1LMS extension feePayments(Extension fee)
  • Jul 23LMS extension feePayments(Extension fee)
  • Nov 17PipeDrive notePipeDrive(Extension payment received and processed; new maturity date set.)
  • Nov 17LMS extension feePayments(Extension fee - extended until 2/1/2026)
  • Feb 19PipeDrive notePipeDrive(Borrower briefly unresponsive while an exit strategy was being discussed (originator also involved).)
  • Feb 23PipeDrive notePipeDrive(Borrower re-engaged, requesting payment history in connection with a refinance underwriting process.)
  • Mar 2PipeDrive notePipeDrive(A Notice of Default item was referenced with outside counsel, while the borrower was also reported to be in a refinancing process.)
  • May 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20257)
  • Jun 15PipeDrive notePipeDrive(Loan extended to a new maturity date.)
  • Jun 15LMS extension feePayments(Extension fee until 8/1/26 - payable upfront)
  • Jun 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20414)
  • Jul 15PipeDrive notePipeDrive(Extension agreement re-sent to the borrower entity ahead of the loan's maturity date.)
  • Jul 21Last analyst noteGrand Summary(Last_Note_Date)
  • Aug 1Current maturityGrand Summary(Current_Maturity)