EFTA01447817.pdf

From: Jeffrey E. [email protected] Sent: 2/23/2016 5:51:21 PM To: Paul Morris Subject: Re: FW: Miami project im always interested, on my other front 30 days to receive numbers On Tue, Feb 23, 2016 at 11:46 PM, Paul Morris ‹ > wrote: Thoughts? ---Original Message--- From: Paul Morris Sent: Tuesday, February 23, 2016 05:40 PM Eastern Standard Time To: Paul Morris Subject: Miami project With limited details that I can share. DB is evaluating extending a bridge loan to a Miami -ultra" luxury residential high rise project to help facilitate building completion (expected in 2017). Just under half of the units in the building have been sold and collateral for the loan will be unsold units. Loan will be in the —$75nun area at a —50% LTV. We will be looking to source a put option to protect our loan. The option seller would be paid a premium upfront for the protection awl work with us directly during the diligence and loan structuring process. Is this something you would be interested in exploring conceptually? We arc hoping to be in a position to share more details in the near future but want to have a couple of interested parties ready for detailed discussions so we can move quickly when the time comes. ••••••=. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. My unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0102567 CONFIDENTIAL SDNY GM_00248751 EFTA01447817