EFTA01455918

From: Tazia Smith Sent 10/27/2014 1:06:34 PM To: Paul Morris CC: Matt Glassman Subject: Re: Fw: Marina REIT (Cl Classification: Confidential Absolutely. All you Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York. NY 10154 Tel: Mobile: Fax: E-mai Original Message From: Paul Morris Sent: 10/27/2014 01:03 PM EDT To: Tazia smith Cc: Matt Glassman Subject: Re: Fw: Marina REIT [C] Classification: confidential pls don't get back to him on this until we talk and i do a little work, he may be thinking this for a client, let's talk later or tomorrow Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York NY 10154 Office: Cell: From: Tazia Smith To: "Paul Morris" Cc: Date: 10/27/2014 01:00 PM Subject: Fw: Marina REIT [C] classification: confidential Give me a call. He's got so much cash in house that, if he's borrowing recourse, it makes more sense for him to do non purpose loan w u and use proceeds to buy this...vs specific collateral/LTv. He could borrow 20 and CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0114940 CONFIDENTIAL SDNY_GM_00261124 EFTA01455918