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EFTA00835632

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From: "jeffrey E." <[email protected]> To: David Mitchell. Subject: Re: Life Hotel - Draft Third Amendment Date: Thu, 12 Apr 2018 01:08:08 +0000 I think you either call ladder yourself or tell them unless they provide the ladder agreement you will return their deposit On Wed, Apr 11, 2018 at 8:42 PM David Mitchell < wrote: DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue New York NY 10151 USA 1212-4864444 Begin forwarded message: From: "Paul M. Kade" < Date: April 11, 2018 at 6:12:10 PM EDT To: "Danow, Matthew" Cc: David Mitchell "Epstein, Victoria" • >, Yaniv Nakash "Amen ual, Randol h" , J Feldman Subject: Re: Life Hotel - Draft Third Amendment Matt: Yaniv Nakash and Martin Scharf have been working with Loren Biller of Ladder Capital and expect to get a firm loan commitment by tomorrow morning. I understand that this is the same firm that extended financing to David Mitchell.lender Messrs. Nakash and Scharf are ready to commit to the nonrefundable portion of the deposit and to pay the necessary commitment fee. However, I am leaving for a trip tomorrow afternoon and will be back on Tuesday (April 17) and my clients are uneasy about any last minute snags in my absence. Accordingly, we would like David Mitchell to give us another short extension to April 17 so that we can put everything in place without jeopardizing the deposit. Thank you for all your courtesies in this matter. Best regards, Paul EFTA00835632

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