Property

615 Bellemeade Ave

Loan 10007236 · Meitav · Evansville, IN

Current statusDefaultedRecovery stageNot connectedForeclosure stageLoan matured on 08/01/26. Waiting on updated Payoff Statement for new Notice of Default.Liquidation stageNot connected

UPB

$99.4K

Source: Grand SummaryWorkbook updated Aug 10, 2026, 1:40 PM UTCLast read Aug 16, 2026, 6:44 PM UTC

Operating Summary

Current situation

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Next action

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Owner

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Due date

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Blocking issue

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Expected recovery

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Best bid

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Monthly carry cost

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Cost of delay

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Expected time to cash

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Risk level

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Confidence

Low — 41 of 209 fields available from connected sources (20%)

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.

Apr 5PipeDrive deal openedPipeDrive(Deal 6199 (snapshot, not live))
Apr 11Loan originationGrand Summary(Loan_Origination_Date)
Apr 18LMS status: FUNDEDStatus Change((snapshot, not live))
Jun 4LMS status: FUNDEDStatus Change(53% complete (snapshot, not live))
Aug 9LMS status: FUNDEDStatus Change(66% complete (snapshot, not live))
Nov 6LMS fee paymentPayments(other payment)
Nov 18LMS fee paymentPayments(other payment)
Dec 17LMS fee paymentPayments(other payments)
Jan 2LMS fee paymentPayments(other payment)
Apr 3LMS fee paymentPayments(service fee)
Apr 3LMS fee paymentPayments(other payment)
Apr 3LMS fee paymentPayments(other payment)
Apr 3LMS fee paymentPayments(service fee)
Jun 25Last capital drawGrand Summary(Last_Date_Invested)
Jun 25LMS fee paymentPayments(processing fee)
Jun 26LMS fee paymentPayments(other payment)
Feb 9PipeDrive notePipeDrive(A new expected closing date was set for the loan's exit/extension process.)
Feb 27PipeDrive notePipeDrive(Spoke with a borrower representative: the property is under contract and in underwriting; a 6-month extension at a 2% upfront fee was requested; several months of payments and current-year taxes to be brought current shortly.)
Mar 10LMS status: DEFAULTEDStatus Change(66% complete (snapshot, not live))
Mar 16PipeDrive notePipeDrive(A Notice of Default was requested and forwarded to outside counsel.)
Mar 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 19974)
Apr 15PipeDrive notePipeDrive(A 1-year extension at a 4% upfront fee was offered; counsel is preparing a forbearance agreement instead of proceeding with the Notice of Default; the servicer will confirm the amount to bring the loan current; the borrower must obtain a quitclaim deed to restore the property to the original borrowing entity after switching entities without Reigo's knowledge or consent.)
Apr 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20128)
May 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20263)
Jun 3Last analyst noteGrand Summary(Last_Note_Date)
Jun 11LMS extension feePayments(Extension fee - paid upfront until 8.1.26)
Jun 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20419)
Aug 1Current maturityGrand Summary(Current_Maturity)