From: David Stern Sent: Wednesday, October 21, 2015 5:08 PM To: Jeffrey Epstein Subject: Fwd: Richmond and Baltimore FBI Field Offices Attachments: FBI Field Offices Baltimore and Richmond v1 for J 10 7 2015.pdf; Untitled attachment 00205.htm; Analysis Baltimore 10 7 15.pdf, Untitled attachment 00208.htm; Richmond Analysis v2 10 7 15.pdf; Untitled attachment 00211.htm; IGP US Gov Program.pdf, Untitled attachment 00214.htm Importance: High - $25 million of equity for $80 million =cquisition of two FBI buildings. - Pipeline =hat requires $75 million more right behind these first two - Guy involved created the US government lease =rogram - one asset just renewed for another 15, =nd the other that's 5 years left is confirmed to do so. Begin forwarded =essage: From: =/b>"Jonathan D. Fascitelli" Subject: =/b>Richmond and =altimore FBI Field Offices Date: =/b>8 October 2015 19:03:12 BST To: ./b>"David Stern Cc: Simon Joory MM=IM David: I saw =imon this week and he mentioned that your clients are seeking US =roperties with more cache. I am partnered with a gentleman who =reated the US government lease program. We are rebuilding his =ortfolio after he sold off his old portfolio which was heavily financed =y Middle Eastern Money. We have the opportunity to acquire FBI =nd Court House buildings. The returns are in the low teens, but =he credit is backed by the US Government, so effectively is like a high =ield bond with treasury like security. But moreover, there are a =00 or so targets, all of which my partnered knows intimately. =hese are sexy assets. The first two deals require $25 million of equity for the $80 =illion acquisition of two FBI buildings. Your clientele will be =wners of US FBI buildings, structured passively through Cayman Island =ehicles. Attached are a slide deck showing the information =equested and the more detailed two page analyses for the FBI potential =cquisitions for the Baltimore, MD and the Richmond, Va. FBI Field