From: David Mitchell
Sent: Tuesday, February 24, 2015 1:38 PM
To: Jeffrey E.
Subject: Re:
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 lik=ly 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&n=sp;
cantor meeting is now march 4th
David Mitchell
MITCHELL HOLDINGS LLC
On Feb 24, 2015, at 7:07 AM, "Jeffrey E." <jeevacation@gmail.com <mailto:j=evacation@gmail.com» wrote:
gracious , hotel.? status?
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