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Date	09/24/2014
Greenwich Coverage
E-teaser Status
CA Status
IOM Status
Term Sheet Status
Categories	Term Sheets Received Executed Confidentiality Agreement Received Detailed Discussions Initial Discussions Groups that have Passed Uncategorized
Investment Criteria
Buckets of capital: (Updated 10-3-14) 1) Special Situations Group - Equity Check Size: < $60M - Targeted Returns: Mid-Teens (IRR Driven, not really multiple driven) - Risk Spectrum: Value-Add - The guy to speak to at this group would be Geoff Goroph (sp?) 2) Client Money / Separate Accounts 3) Alex’s Group – Merchant Banking Division: - Type of Transactions: Larger ticket items - Source of Funds: Firm money / balance sheet - Equity Check Size: > $50M - Targeted Returns: ___ (Multiple Driven) - Everything they do is with local operating partners 4) Debt Fund: - Target Deals: Value-Add / Transitional Lending - Cost of Capital: High Single Digits (7-10%) - Loan Size: > $50M ($5 Billion in capital) - Recourse: No - Unable to do debt & equity on the same deal
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
PW & DF - Meeting on 10-1-2014 with Alex Cheek, ________ , and _______. Meeting notes attached. Deals to Follow-up on are as follows in order of their interest; 1) 1255 22nd Street (Construction Loan); 2) 609 H Street; 3) Idlewilde; and 4) Tower Bridge

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
10/03/2014	PW & DF - Meeting on 10-1-2014 with Alex Cheek, ________ , and _______. Meeting notes attached. Deals to Follow-up on are as follows in order of their interest; 1) 1255 22nd Street (Construction Loan); 2) 609 H Street; 3) Idlewilde; and 4) Tower Bridge -- duke

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