---

---

---

Date	10/27/2015
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
Status for Deal Tracking Report (Most Recent Comment - Custom Comment )
02/01/16 - Good conversation with Jerry Murphy. They have just finished their 2nd fund, and just had their first closing in their 3rd fund a few weeks back. Their fund will be between $500-$550 million in equity, and they are actively looking for opportunities. They specialize in heavy value-add or opportunistic deals with a level of complexity. They have done a number of deals with John Moriarty and Associates and are very comfortable with them as a general contractor. He is familiar with Woodbridge as he has looked at a few opportunities back with Bainbridge in that market. Their preference would be for joint-venture equity, and they would likely require a right to continue on to develop the phase II land. Preliminary feedback was positive, and he requested the market study and financial model so that their team can begin to dive in. He is aware of the timing pressures, and will try to get us some additional feedback towards the end of the week.; 02/04/16 - Left voicemail to follow-up

Insert Comment

DEAL TRACKING COMMENTS
Date	Comment
01/20/2016	sent email and left voicemail -- duke
01/21/2016	Received voicemail, left voicemail -- duke
01/27/2016	Trading voicemails -- duke
01/29/2016	Left voicemail -- duke
02/01/2016	Trading voicemails, and sent additional email -- duke
02/02/2016	02/01/16 - Good conversation with Jerry Murphy. They have just finished their 2nd fund, and just had their first closing in their 3rd fund a few weeks back. Their fund will be between $500-$550 million in equity, and they are actively looking for opportunities. They specialize in heavy value-add or opportunistic deals with a level of complexity. They have done a number of deals with John Moriarty and Associates and are very comfortable with them as a general contractor. He is familiar with Woodbridge as he has looked at a few opportunities back with Bainbridge in that market. Their preference would be for joint-venture equity, and they would likely require a right to continue on to develop the phase II land. Preliminary feedback was positive, and he requested the market study and financial model so that their team can begin to dive in. He is aware of the timing pressures, and will try to get us some additional feedback towards the end of the week. -- duke
02/08/2016	Left voicemail -- duke
03/01/2016	Left voicemail to follow-up on our conversation on Friday where he said they would look to be in a preferred position on this transaction. -- duke

---