2023-09-25 Talus LQ - Statement by RG to KESQTHE
ROBERT GREEN
C OMP ANY
La Quinta, California - September 25, 2023
Since our last statement to the press, our dedicated team has been working tirelessly alongside our
esteemed lenders to bring the TALUS project closer to realization. The finalization of loan
documents, contract amendments, and the necessary due diligence is now approaching its
conclusion. The Senior lender is currently in collaboration with S&P to secure the bond ratings
essential for the successful financing of this exceptional venture. This milestone marks a critical
juncture, paving the way for full remobilization and the ultimate completion of the project.
We would like to extend our gratitude to all participating lenders, including the senior construction
lender, Ziegler Investments, the C -PACE lender, Lieef Sustainable Credit, and our valued investor,
First Pathway Partners, who serves as the project's EB -5 capital partner. We are proud to
acknowledge the unwavering commitment and cooperation demonstrated by each stakeholder,
reflecting our shared determination to complete the financing process.
We appreciate the patience, collaboration, and trust exhibited by the City of La Quinta, our
designated operator, contractors, and the entire development team. Despite the interim period,
construction activities for the Montage Residences have continued with enthusiasm. We eagerly
anticipate finalizing all project components as soon as the intricate financing process reaches its
conclusion.
Kindest regards,
The Robert Green Company
343 Fourth Avenue 1 San Diego, CA 92101 1 760.634.6543
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Alana Brennan<Alana@therobertgreencompany.com>
Tuesday, September 26, 2023 10:07 AM
Jon McMillen
Robert Green
FW: KESQ Request for Update on Talus Development
9.25.23 - TALUS Statement for KESQ.pdf
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Hello, Jon
I hope that you are well. Please see the statement that we shared with Jeffrey Stahl from KESQ yesterday.
Thank you, Alana
Alana Brennan
(760) 505-0550
(760) 634-6543
NOTICE: This email message and all attachments transmitted with it are intended solely for the use of the addressees and may contain legally privileged, protected or
confidential information. If you have received this message in error, please notify the sender immediately by email reply and delete this message and any
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From: Alana Brennan
Sent: Monday, September 25, 2023 12:05 PM
To: Jeffrey Stahl <jeffrey.stahl@kesq.com>
Subject: RE: KESQ Request for Update on Talus Development
Hello Jeffrey,
I hope that you had a good weekend. Please find our statement attached.
Thank you, Alana
"'i Alana Brennan
(760) 505-0550
(760) 634-6543
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confidential information. If you have received this message in error, please notify the sender immediately by email reply and delete this message and any
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From: Jeffrey Stahl <jeffrey.stahl@kesq.com>
Sent: Friday, September 22, 2023 10:49 AM
To: Alana Brennan<Alana@therobertgreencompany.com>
Subject: Re: KESQ Request for Update on Talus Development
I'm writing it today for a Tuesday on -air report. The sooner the better would be great for a statement, but I'll
make any statement before Tuesday work.
Thank you,
Jeff
From: Alana Brennan<Alana@therobertgreencompany.com>
Sent: Friday, September 22, 2023 8:55 AM
To: Jeffrey Stahl <jeffrey.stahl@kesq.com>
Subject: RE: KESQ Request for Update on Talus Development
Good morning, Jeffrey
What is your deadline for this story?
Thank you, Alana
Alana Brennan
(760) 505-0550
(760) 634-6543
NOTICE: This email message and all attachments transmitted with it are intended solely for the use of the addressees and may contain legally privileged, protected or
confidential information. If you have received this message in error, please notify the sender immediately by email reply and delete this message and any
attachments from your computer without copying or further transmitting the same.
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