EFTA02671204

From: Richard Kahn < Sent: Wednesday, November 18, 2015 3:52 PM To: Jeffrey E. Subject: Fwd: 9.15 Reporting - American Yacht Harbor Attachments: AYH 9.15 Quarterly Financial Statements.pdf; Untitled attachment 00427.htm not sure if this answers your email earlier this morning please advise if there was other information you were =eeking thank you Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>"Lande, Mark" < Subject: =/b>RE:9.15 Reporting = American Yacht Harbor Date: =/b>November 18, 2015 at 9:56:40 AM =ST To: =/b>Richard Kahn < Cc: Jeanne Brennan < <mailto Richard, >, =Greene, Jennifer" < >, "Brown, Luke" < , "Lande, Mark Please find =ttached the Q3 2015 reporting. In response to your question, AYH =ecently signed a term sheet with Banco Popular that provided the =ollowing two options: Option 1 EFTA_R1_01940352 EFTA02671204 2 year =xtension with an interest rate of 2.83% Option 2 7 year extension with a fixed =nterest rate of 4.95%. Option 1 =oes not require an appraisal. Option 2 requires an appraisal showing a =TV Ratio of 75%. Both options would require amortization of =33,000 per month. IGY is in favor of option 2 and the lender has commissioned an appraisal which should be completed before Christmas. =f that happens it is our hope to close the loan shortly after the new =ear. Please let =e know if you have any questions. Yours, Mark Lande <mailto From: Richard Kahn Sent: Wednesday, November 18, 2015 7:23 AM To: Lande, Mark Cc: Jeanne Brennan; Greene, Jennifer; Brown, Luke; =ande, Mark >) Subject: Re: 6.15 Reporting - American Yacht =arbor Good morning Can you please update me on status if bank loan =enewal / extension Thank you Rich 2 EFTA_R1_01940353 EFTA02671205 <mailto <mailto From: =/b>"Lande, Mark" < Date: Wednesday, July 29, 201S at 12:01 PM To: Richard Kahn < Cc: Jeanne Brennan < >, =Greene, Jennifer" < », "Brown, Luke" < <mailto > )" < Subject: RE: 6.15 Reporting - American Yacht =arbor 550419# From: Richard Kahn Sent: Wednesday, July 29, 2015 1:01 PM To: Lande, Mark Cc: Jeanne Brennan; Greene, Jennifer; Brown, Luke; =anson, Lianne; Lande, Mark >) Subject: Re: 6.15 Reporting - American Yacht =arbor >, "Lande, Mark will you call me or is their a dial in # you would like to =se? Richard=Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell On =ul 24, 2015, at 1:16 PM, Lande, Mark < > =rote: 3 EFTA_R1_01940354 EFTA02671206 Does 1 pm Wednesday work for you? From: Richard Kahn Sent: Friday, July 24, 2015 1:04 PM To: Lande, Mark Cc: Jeanne Brennan; Greene, Jennifer; Brown, Luke; =anson, Lianne; Darren Indyke; Lande, Mark Subject: Re: 6.15 Reporting - American Yacht =arbor can we schedule a call for next week to review some of my =uestions regarding financial statements tueday =r wednesday would be best for me thank =ou Richard=Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell On =ul 16, 2015, at 2:19 PM, Lande, Mark < Dear Richard, > =rote: Please find attached the reporting =or Q2 2015 and the audit for 2014. Please let me know if you have any =uestions. 4 EFTA_R1_01940355 EFTA02671207 Yours, Mark Lande From: Lande, Mark Sent: Friday, April 17, 2015 3:11 PM To: 'Richard Kahn' Cc: 'Jeanne Brennan'; Jennifer Greene; Brown, Luke; =anson, Lianne; 'Darren Indyke' Subject: RE: 3.15 Reporting - American Yacht =arbor Dear Richard, Please see the attached reporting for =merican Yacht Harbor for the Q1 2015. Please let me know if you have any =uestions. Yours, Mark Lande, Esq. General Counsel Island Global Yachting Ltd. 717 Fifth =venue, 18th Floor New York, NY 10022 Email: 5 EFTA_R1_01940356 EFTA02671208 This message, and any attachments hereto, is confidential and =ntended exclusively for the use of the individual or entity to whom it =s addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality =nd/or non-disclosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, =isseminating or using this message or any information contained herein =including any reliance thereon) is strictly prohibited. If you have =eceived this message in error, please contact the sender immediately and destroy the message (including any attachments) and any =opies in their entirety, whether in electronic or hard copy format. =othing contained in this e-mail shall be considered a legally binding =greement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each =f which requires a fully executed agreement to be received by Island =apital Group LLC or such affiliate. <2014 AYH =inancial Statements Final.pdf><AYH 6.15 Quarterly Financial =tatements.pdf> This message, and any attachments hereto, is confidential and =ntended exclusively for the use of the individual or entity to whom it =s addressed. This communication may contain information that is =onfidential, proprietary, privileged, subject to a confidentiality =nd/or non-disclosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, =etaining, reproducing, copying, disclosing, disseminating or using this =essage or any information contained herein (including any reliance =hereon) is strictly prohibited. If you have received this message in =rror, please contact the sender immediately and destroy the message =including any attachments) and any copies in their entirety, whether in =lectronic or hard copy format. Nothing contained in this e-mail shall =e considered a legally binding agreement, amendment or modification of =ny agreement with Island Capital Group LLC or any of its affiliates, =ach of which requires a fully executed agreement to be received by =sland Capital Group LLC or such affiliate. 6 EFTA_R1_01940357 EFTA02671209 This message, and any attachments hereto, is confidential and =ntended exclusively for the use of the individual or entity to whom it =s addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality =nd/or non-disdosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disdosing, =isseminating or using this message or any information contained herein =including any reliance thereon) is strictly prohibited. If you have =eceived this message in error, please contact the sender immediately and destroy the message (including any attachments) and any =opies in their entirety, whether in electronic or hard copy format. =othing contained in this e-mail shall be considered a legally binding =greement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each =f which requires a fully executed agreement to be received by Island =apital Group LLC or such affiliate. This message, and any attachments hereto, is confidential and intended =xclusively for the use of the individual or entity to whom it is =ddressed. This communication may contain information that is =onfidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from =isclosure (either by contract or under applicable law). If you are not =he intended recipient, you are hereby notified that printing, =etaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including =ny reliance thereon) is strictly prohibited. If you have received this =essage in error, please contact the sender immediately and destroy the =essage (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. =othing contained in this e-mail shall be considered a legally binding =greement, amendment or modification of any agreement with Island =apital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island =apital Group LLC or such affiliate. 7 EFTA_R1_0 1940358 EFTA02671210