From: Stephen Hanson To: "Jeffrey E." <[email protected]> Subject: Re: Fwd: Date: Tue, 24 Feb 2015 15:24:20 +0000 Hotel. What's the plan. Keep and run it or net lease. Net lease could be ok. Coupon - as long no reps are made as to the DOB status -- to run it. Could get stuck and a great cost to bring it up to code GH. Could be a home run. Could be a daily capital call Sent from my iPad On Feb 24, 2015, at 9:03 AM, jeffrey E. <jeevacation®gmail.com> wrote: Forwarded message From: David Mitchell <1 Date: Tuesday, February 24, 2015 Subject: To: "jeffrey E." <[email protected]> Hotel, went hard on Friday hope to close in next 45 days Raising 12 mil I have around 6 from 1031 investors love to have you in it It will payout 6 percent in sheltered income I am thinking investors get 100 percent back until all the capital has been returned plus 8 percent interest per year Thereafter a 50/50 split Gracious should close in the middle of March Raising 4.5 mil Of which a minimum of 1 mil will come from myself and Dottie (most likely it will be 1.5) Would like to split profits after the capital has been returned plus a 10 percent per annum return I have presentations on both but I am not sure you will look at them cantor meeting is now march 4th David Mitchell MITCHELL HOLDINGS LLC On Feb 24, 2015, at 7:07 AM, "jeffrey E." leevacation®gmail.com> wrote: gracious , hotel.? status? EFTA00693491