To: jeevacationtagmail.com[jeevacation@gmail.com]
From: Mark Fisher
Sent Fri 7/30/2010 3:59:24 PM
Jeffrey
I hope that all is well.
Are you making investments in highly discounted first mortgages on AAA performing
trophy properties?
For Example:
One of the top 5 office buildings in the US. Excellent financial performance.
3mm+ SF 750mm First Mortgage. 500mm+ equity below the mortgage.
Available for purchase: $185mm face value. Purchase price $135mm. $50mm discount
to face. 7 3/4 current pay on 185mm - 10.5 current yield. 16% YTM. Maturity
2017.
85mm financing available at 8% plus 2% amortization.
Let me know.
All the best,
Mark
EFTA_R1_01468967
EFTA02409008