EFTA01891427

To: Jeff[[email protected] From: "Second City Capital" Second City Capital Sent: Tue 9/4/2012 7:28:27 PM Subject: Quarterly Performance Update - City II - Opportunistic RE Fund Title: Quarterly Performance Update - City II - Opportunistic RE Fund HIGHLIGHTS: Q2 - 2012 on behalf of • Completed a second closing, fund size of $86 million. • Achieved stabilized occupancy of 80% at City Center. • Lowered our acquistion price of Bedford from $9.8 million to $9.0 million. • Executed a non-binding letter of intent with a National Home Builder at Rancho Mirage. • Finalizing a significant commitment from a large institutional investor for a final closing on September 30th, 2012. A SAMPLE OF OUR PORTFOLIO EFTA_R1_00311817 EFTA01891427 Cherry Creek Denver, CO • 594,000 (total) SF office complex • 356,000 SF campus • 238,000 SF tower • Purchase price: $62.5 million • Partnership interest of 42.2% City Centre St. Petersburg, FL • 242,000 SF office • Purchase price: $16.5 million • $68 per SF Rancho Mirage Palm Springs, CA • 320 Acres • Residential Development • Purchase price: $18.8 million • $14.7 million VTB @ 5% (15 year term) • Non-binding LOI with National Builder - top line sales royalty on 1,200 homes Central Fairwinds Orlando, FL _ Bedford Brooklyn, NY • 29 unit multi- family project • Purchase price: $9.0 million EFTA_R1_00311818 EFTA01891428 • 100,000 SF of • 170,000 SF • Original new leases Office contracted price: completed • Purchase price: $9.8 million • Occupancy: 80% $14.2 million • Occupancy: 97% • $84 per SF • Occupancy: 66% Final Closing is scheduled for Se tember 30th 2012 Contact Kyle Dunn: Copyright © 2012 Second City Capital, All rights reserved. Real Estate Investor Our mailing address is: Second City Capital 1075 West Georgia Street Vancouver, Bc V6E 3C9 Canada Add us to your address book unsubscribe from this list I update subscription preferences EFTA_R1_00311819 EFTA01891429