Text extracted via OCR from the original document. May contain errors from the scanning process.
Attachments: AYH_12.16_Quarterly_Financial_Statements.pdf
Best year of numbers i have seen in a while..
Cash flow of 1,663,000 for calendar year 2016 which was spent as follows:
capital improvements
220,000
principal on mortgage
396,000
deferred finance costs
45,000
Cash distribution
500,000
remainder of 502,000 was added to cash balance resulting in year end total cash of 3,165,000
any updates from farkas on capital improvement plan?
if they cannot get their act together maybe we should push for another distribution..
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
Begin forwarded message:
Cc: "'Jeanne Brennan" <
>, "Greene, Jennifer"
"Brown, Luke" <
"Darren Ind kem
>, "Conforti, Lorraine"
Richard,
Please see attached Q4 F/S for American Yacht Harbor.
Please let me know if you have any questions.
Yours,
EFTA01055609
Mark Lande
Cc: 'Jeanne Brennan'; Greene, Jennifer; Brown, Luke; 'Darren Indyke'; Lande, Mark
Lorraine
Richard,
); Conforti,
Please find attached the reporting for Q3 2016. Also, please note that we are getting close to finalizing the estimate for
the dock repairs.
Yours,
Mark Lande
Cc: 'Jeanne Brennan'; Greene, Jennifer; Brown, Luke; Hanson, Lianne; 'Darren Indyke'; Lande, Mark
); Conforti, Lorraine
Richard,
Please find attached the reporting for Q2 2016 for AYH.
Yours,
Mark Lande
Cc: 'Jeanne Brennan'; Greene, Jennifer; Brown, Luke; Hanson, Lianne; 'Darren Indyke'; Lande, Mark
); Conforti, Lorraine
Rich,
Please see the reporting for O1 2016 for American Yacht Harbor. We will send under separate cover the audited financial
statements.
Yours,
Mark Lande
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received by Island Capital Group LLC or such affiliate.
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
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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.
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