From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: AYH/BPPR Financing (August 2007) Bank appraisal Date: Mon, 04 Jun 2018 14:29:05 +0000 yes they got one to renew the recent loan On Mon, Jun 4, 2018 at 7:50 AM Richard Kahn < 2007 appraisal at 21,000,000 i was unable to find 2016 appraisal that you recall of 25-26mm.. should i ask mark or tom for that appraisal? please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York, NY 10022 tel fax cell Begin forwarded message: > wrote: From: Richard Kahn cl Subject: Fwd: AYH/BPPR Financing (August 2007) Bank appraisal Date: November 21. 2014 at 12:30:22 PM EST To: Rich Kahn < Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax 646-350-0954 cell Begin forwarded message: EFTA01039936 From: Cecile de Jongh < Subject: Fwd: AYH/BPPR Financing (August 2007) Bank appraisal Date: June 4, 2013 at 6:29:35 PM EDT To: Richard Kahn , Jeanne Brennan Rich, Any luck finding the emails that Frank referenced? With warm regards, Cecile Sent from my iPhone Begin forwarded message: From: "Garrison, Frank" < Date: June 4, 2013, 5:34:50 PM (i !-04:00 To: Cecile de Jongh Cc: "Garrison, Frank" Subject: AYH/BPPR Financing (August 2007) Bank appraisal Cecile: I am attaching the appraisal that was prepared for BPPR in connection with the term loan closed in August 2007. This was prepared for BPPR for purposes of making that loan and presumably satisfying whatever LTV requirement they were imposing. It was not an appraisal done in connection with the acquisition (which closed in January of 2007) and I am unaware of any other appraisal. Also, Marc Levy was the lead on the acquisition of the property from the IGY side. Any visibility of the e-mails? Frank Frank M. Garrison Island Capital Group LLC One American Center 3100 West End Ave Suite 1230 Nashville, TN 37203 This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed. This communication may contain information that is confidential, proprietary, privileged, subject to a confidentiality and/or non-disclosure agreement, or otherwise exempt or protected from disclosure (either by contract or under applicable law). If you are not the intended recipient, you are hereby notified that printing, retaining, reproducing, copying, disclosing, disseminating or using this message or any information contained herein (including any reliance thereon) EFTA01039937 is strictly prohibited. If you have received this message in error, please contact the sender immediately and destroy the message (including any attachments) and any copies in their entirety, whether in electronic or hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. 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 return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01039938