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  OFF MARKET COMMERCIAL REAL ESTATE
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Hi Don and Hugh. This opportunity was presented to me through a selling agent that I am presenting for your consideration in regards to the $200 million 1031 exchange request. Let me know if this is of further interest and I will set up a call asap. We can get OMs for all the projects once the set paperwork is adhered to. Let me know if there is interest.

1.)  Class A property located in SW Florida. New Property. 
      Building: Class A - Built after 2010 - 300 plus units - Occupancy: 90% NOI:         
$3.5 million - Asking Price: $69 million

2.)  Class A property located in Palm Beach County, Florida. New Property
       Building: Class A - Built after 2010 - 300 plus units - Occupancy: 95%
       Asking price $62 million at sub 5% cap, cap depends on final price. 
       Seller not desperate to sell, is accepting offers with LOI, BIO and POF.

3.)  Class A property located in Palm Beach County, Florida. Brand New Property.
      Building: Class A - New Property - 200 plus units - Available Sept 2017 now 
       over 98% complete. Take it now with low to no occupancy and a concession 
       on price, or take it rented by the developer. Asking price: $52 million                 
$230k a key, 6 stories – structured parking.

​4.) ​Class A property located in Palm Beach County, Florida. Building: Class A -         
Built after 2004 - Units: 125 - Occupancy over 90%, updated and stabilized,
     Two parking spaces per unit. 40k to 50k upside potential. PRIME Class A             
​location and buildings. Asking price: $21 million, trading at market area rate       of 5% cap.

Please advise buyer these types of transactions are clearly put forward in a fashion in which buyer agrees to pay a final purchase price for an asset provided plus what is known as a "buyer's premium",or buyer paid fee additional to and calculated by the final purchase price. Buyer's premium rate of 
3% on assets up to $30MM, 2% on assets from $30MM to 100MM, negotiable on higher end assets.

This is what is asked from the seller agent 

For more property info, we will need to qualify buyer as follows;

To engage the Seller and/or Seller's delegate for full property details
including financial records and/or to set up property inspection/walk-through,
we will need buyer's non-binding LOI, fully executed NCND/FA, and POF
for vetting and verification of Buyers capability of closing this deal. 

1.)  Non-binding Letter of Interest (LOI) on asset(s) of interest. 
2.)  Upon receipt of LOI, Asset specific NCND/FA for buyer and brokers/consultants to fill out and sign will be drafted and sent for execution.
3.)  return fully executed asset specific NCND/FA with buyer's POF*, or have it readily available

*BUYER CAN CHOOSE TO PROVIDE POF DIRCTLY TO OWNERSHIP (AND/OR DELEGATE) BUT FIRST MUST PROVIDE 
  THEIR LOI & RETURN FULLY EXECUTED NON-CIRCUMVENT NON-DISCLOSURE / FEE AGREEMENT - (NCND/FA)

We have a LOI format and a Bank Letter format available for buyer's convenience and use, Buyer can edit or have edited either format, I will send with asset specific NCND/FA upon interested buyer's request.
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