EFTA01459793

From: Paul Morris Sent: 2/23/2016 5:46:18 PM To: 'Jeffrey Epstein' [email protected] Subject: FW: Miami project 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 sham, DB is evaluating extending a bridge loan to a Miami "ultra" luxuty 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 --S75mm 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 and work with us directly during the diligence and loan structuring process. Is this something you would be interested in exploring conceptually? We am hoping to be in a position to share mom 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. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0120474 CONFIDENTIAL SDNY GM_00266658 EFTA01459793