Tucumcari NM Travel Center
MDG-2026-TC001DraftBuyer
Milepost Development Group LLC
Seller
McLean Property 40, LLC
Address
Tucumcari, NM (full address pending intake)
Asset type
Travel Center
Governing law
New Mexico
Purchase price
$4,500,000
Effective date
Not yet executed
As of May 13, 2026
Deal completion
Progress across six core closing obligations (same checklist as Data Room readiness). Read-only.
0% complete
0 of 6 complete
Blocked: 0 · Missing: 6
Stage: Early
Closing readiness
Read-only checklist for core closing gates. Derived from the obligations ledger and recorded operator actions.
Not ready
Next gate: Notice to proceed (missing)
Blocked: 0 · Missing: 6
Not yet satisfied — still open on the ledger or pending operator recording.
Not yet satisfied — still open on the ledger or pending operator recording.
Not yet satisfied — still open on the ledger or pending operator recording.
Not yet satisfied — still open on the ledger or pending operator recording.
Not yet satisfied — still open on the ledger or pending operator recording.
- Outside closing date
Outside closing date is not yet resolved on the ledger.
Packet readiness
Grouped checklist for Data Room–style packets. Read-only; derived from contract state.
- Contract packetNeeds documents0% completeEvidence-backed completions: 0 · Missing: PSA / active contract, Initial earnest money
- Diligence packetNeeds documents0% completeEvidence-backed completions: 0 · Missing: Seller deliverables, Title commitment, Inspection period
- Closing packetNeeds documents0% completeEvidence-backed completions: 0 · Missing: Notice to proceed, Second earnest money, Required entitlements, Article VII conditions
Data Room readiness
Read-only view of which closing checkpoints are supported by contract state and evidence. Does not change packets or Data Room artifacts.
- Title work ready
Not yet recorded on the contract — Data Room should assume this requirement is still open.
- Seller package ready
Not yet recorded on the contract — Data Room should assume this requirement is still open.
- Construction start ready
Not yet recorded on the contract — Data Room should assume this requirement is still open.
- Diligence active
Not yet recorded on the contract — Data Room should assume this requirement is still open.
- Escrow funded
Not yet recorded on the contract — Data Room should assume this requirement is still open.
- Secondary funding ready
Not yet recorded on the contract — Data Room should assume this requirement is still open.
Execution status
Execution tracking applies after the PSA is executed.
Work on next
Negotiate and execute PSA
highblockedTucumcari PSA is in draft per the v9 contract template. Until the parties execute the PSA and an Effective Date is recorded, all downstream obligations (earnest money, seller deliverables, inspection, title, closing) are not yet active.
Operator actions
Operator actions become available once the PSA is executed. The escrow and earnest-money flow is contract-state-gated and is intentionally disabled while this deal is in draft.
Four sequential steps below (escrow through initial funding). Progress tracking applies once the PSA is executed.
Seller deliverables
Record only when Seller Deliverables were actually received or verified complete per the PSA.
Available after the PSA is executed.
Title commitment
Record only when the title commitment has actually been received from the title company (or equivalent), not inferred from other milestones.
Available after the PSA is executed.
Buyer confirmation of seller deliverables
Records Buyer confirmation that Seller Deliverables were received complete enough to start the inspection period.
Available after the PSA is executed.
Inspection period
Records the official start of the inspection period based on Buyer confirmation of complete Seller Deliverables.
Available after the PSA is executed.
Notice to Proceed (NTP)
Records Buyer's Notice to Proceed after the inspection period has commenced. This unlocks second earnest money per the PSA.
Available after the PSA is executed.
Second earnest money
Records Buyer's second earnest money deposit as funded after Notice to Proceed. Amount defaults to the PSA second EM figure unless you enter a different funded amount (note required when the amount differs).
Available after the PSA is executed.
Required entitlements
Records a formal resolution of Seller-required entitlements under the PSA.
Available after the PSA is executed.
Closing conditions (Article VII)
Records a formal resolution of Article VII closing conditions.
Available after the PSA is executed.
Documents & Suggested actions
Upload or attach a document and the system will propose the matching operator event. Manual actions remain available above as a fallback or override.
No documents ingested yet.
No outstanding suggestions. Suggestions appear here when an ingested document maps to an event that has not yet been recorded.
Recently completed
No operator-completed actions on this deal yet.
Security activity
No recent security activity for this deal.
Earnest money
Total earnest money: Not yet negotiated
Initial deposit
Initial deposit not modeled
Second deposit
Second deposit not modeled
Refundability terms are set on PSA execution — not yet applicable.
Status
Inspection
Not yet applicable
Pre-execution — not yet applicable until the PSA is executed.
Seller deliverables
Not yet applicable
Pre-execution — not yet applicable until the PSA is executed.
Title commitment
Not yet applicable
Pre-execution — not yet applicable until the PSA is executed.
Closing
Pre-execution
Pre-execution — not yet applicable until the PSA is executed.
Timeline / key dates
- —Effective dateAwaiting PSA execution
- —Inspection start triggerBuyer confirmation of complete Seller Deliverables
- —Notice to Proceed (NTP)Buyer election after inspection — triggers second EM and entitlement period
- —Closing rule30 days after Seller delivers Required Entitlements; outside closing date not available
System observations
- Escrow setup is incomplete (designation, wire instructions, or acknowledgment missing). Initial EM cannot be funded until escrow is complete.
- Outside closing date placeholder is missing/blank in the executed PSA — surfaced as a blocked closing item; escalate to legal.
Obligations ledger
1 total · 1 blocked · 0 due soon · 0 past due · 0 undated open · 0 satisfied
| Obligation | Category | Party | Due | Amount | Status | Source |
|---|---|---|---|---|---|---|
Negotiate and execute PSA Contract is in draft — PSA not yet executed. | consent | buyer | — | — | Blocked | Intake (pre-execution) |