EFTA Document EFTA01745948

From: Richard Kahn ‹ > Subject Re: USVI Property Sent Friday, December 12, 2014 8:02:02 PM To: Jeffrey E." [email protected]> yes i spoke with broker and think we can cut a deal with developer vin hoover (who has done 27 GSA deals over 30 years) to buy for 6,000,000 (as his construction numbers are inflated in setup) he will build and we will own finished building with approx 500,000 of NOI which would give you a 8.33% return cash on cash return without leverage in 10 years you will be in building for 1,000,000 net cost and hopefully they will resign lease (or it can become STC office...) may also help extend STC benefits Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 te ce On Dec 12, 2014, at 2:57 PM, jeffrey E. <[email protected]> wrote: seems good. On Fri, Dec 12, 2014 at 1:21 PM, Richard Kahn e > wrote: looks interesting and i would like to discuss with you thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 te= fa cc EFTA_R1_00039042 EFTA01745948 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 EFTA_R1_00039043 EFTA01745949