The Centrifuge community has reviewed the POP for SafeGuard Real Estate Fund, based on the 10 criteria, and the result is: 
/ 
.
SCORE
For each criteria, either a 
(criteria not met) or 
(criteria met) will be given.
Below you will find the results of the individual criteria:
Business Years in Operation:
Off-Chain Institutional Investors:
Strong Pipeline:
Volume Originated last 2 years:
Historical Loan Tape:
TIN Tranche:
DROP Tranche:
Pool Value at Launch:
Pool Value in 1 Year:
Asset Maturity:
RESULT
This proposal does not meet the threshold of >66%.
NEXT STEP
The Centrifuge DAO may still give a recommendation and this POP may continue to advocate for their proposal publicly in the Forum and seek a path forward to finance RWAs through Centrifuge. However, a POP should be aware that the other organizations (underwriters and institutional investors) do not have a requirement to engage nor do any of the following steps in the POP process.
If you want to see all the steps of Stage 1 of the POP process, you can check this post here.