Epstein Files Search

EFTA01437758Set 10

2016-10-18227p26,387w

from the Sports Authority bankruptcy, as flagged as it has been, finally hits reported SS NOI results. We will be more focused on how much progress has been made ... supply continue to impede rent growth EFTA01437761 15 Malls: Rising demand headwinds and slowing SS NOI growth expected 22 Shopping Centers: Store closures to hit 3Q internal growth, but progress ... from the Sports Authority bankruptcy, as flagged as it has been, finally hits reported SS NOI results. We will be more focused on how much progress has been made

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01437758.pdf

EFTA01389057Set 10

2016-10-181p314w

Figure 37: Rent growth slows in 3O16, vacancy stays flat 'Figure 38: SS NOI growth expected to slow in 2H18 ... REIS data, down from 4.5% in 2Q. This is the third • DBe of 4.4% SS NOI growth in 3Q16, up slightly consecutive y/y decline in rent growth with REIS from ... supply is expected to drive the vacancy rates • We project full year SS NOI growth of 4.6% in higher in 2016 2016 and 2.8% in 2017. 2015 actual SS NOI

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389057.pdf

EFTA01388945Set 10

2016-10-181p314w

Figure 37: Rent growth slows in 3O16, vacancy stays flat 'Figure 38: SS NOI growth expected to slow in 2H18 ... REIS data, down from 4.5% in 2Q. This is the third • DBe of 4.4% SS NOI growth in 3Q16, up slightly consecutive y/y decline in rent growth with REIS from ... supply is expected to drive the vacancy rates • We project full year SS NOI growth of 4.6% in higher in 2016 2016 and 2.8% in 2017. 2015 actual SS NOI

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388945.pdf

EFTA01388620Set 10

2016-10-141p436w

Teed SS NOIC00wth lush. WO 4 3% 3 5% 2 0% - 3 0% SHOP SS NOI growth (cash. WV) 3 2% 2 1% I 5% • 3 0% SS Avg occupancy ... growth (cash. yN) 57% 62% 35%-40% Total Coverage 1.6x 1 7x 1.100 SS NOI growth Rash. Wry) 31% 08% 10% • 20% End occupancy ch tyay

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388620.pdf

EFTA01388957Set 10

2016-10-141p435w

Teed SS NOIC00wth lush. WO 4 3% 3 5% 2 0% - 3 0% SHOP SS NOI growth (cash. WV) 3 2% 2 1% I 5% • 3 0% SS Avg occupancy ... growth (cash. yN) 57% 62% 35%-40% Total Coverage 1.6x 1 7x 1.100 SS NOI growth Rash. Wry) 31% 08% 10% • 20% End occupancy ch tyay

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388957.pdf

EFTA01389059Set 10

2016-10-181p366w

Opining PASS ASS Rabat ASA: Pa AIOn Pout 30 On Des SS NOI growth. VA 5.9% 2.5% 3.6% 2.0% - 3 8% 3 0% total SS Revenue growth ... campus • Color on final leasing stets for the 2016/2017 school year Update on expected SS NOI growth in 2017. ACC previously projected that +3% of rent growth

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389059.pdf

EFTA01388601Set 10

2016-10-181p269w

Figure 55: Vacancy up and rents down modestly in 3O 'Figure 56: 2016 SS NOI growth similar to 1H level ... 10MWS) REO RAU RPT AVele. 0 0% . . . . . •*MS • 1016 42016 temenesciswg. ?wei,ett • 2016 SS NOI guidance on average at the Teeth n Erecum Re% —VaCPecert midpoint is —3%, implying

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388601.pdf

EFTA01389062Set 10

2016-10-181p272w

Figure 55: Vacancy up and rents down modestly in 3O 'Figure 56: 2016 SS NOI growth similar to 1H level ... 10MWS) REO RAU RPT AVele. 0 0% . . . . . •*MS • 1016 42016 temenesciswg. ?wei,ett • 2016 SS NOI guidance on average at the Teeth n Erecum Re% —VaCPecert midpoint is —3%, implying

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389062.pdf

EFTA01388949Set 10

2016-10-181p273w

Figure 55: Vacancy up and rents down modestly in 3O 'Figure 56: 2016 SS NOI growth similar to 1H level ... RPA1 RPT Mina. 0 0% . . . . . •*MS • 1016 42016 temenesciswg. ?wei,ett • 2016 SS NOI guidance on average at the Teeth n Erecthv Wye —VOCPerfert midpoint is —3%, implying steady results

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388949.pdf

EFTA01388595Set 10

1p462w

Operating taro Actual Actual Actual DB* Pro 30 Guido Post 30 Gilds DBe ss NOI growth. vhe 51% 50% 4 9% total 5.00% - 5 75% 5.45% total SS Revenue growth

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388595.pdf

EFTA01389058Set 10

2016-10-181p263w

Operating Movies Actual Actual Actual DEle Pre 30 Guide Post 30 Made DBe SS NOI growth. y/y 5.5% 3.7% 3.7% total +4.00% to 4.50% 4.3% total SS Revenue growth

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389058.pdf

EFTA01388596Set 10

1p335w

Note COMefK *EDWIN Are bowl on Thomson poop lad 014 as 01 1004/16 Expect SS NOI growth to accelerate o +3.1% in 3O with slower expense growth more than

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388596.pdf

EFTA01388946Set 10

1p335w

Note COMefK *EDWIN Are bowl on Thomson poop lad 014 as 01 1004/16 Expect SS NOI growth to accelerate o +3.1% in 3O with slower expense growth more than

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388946.pdf

EFTA01388597Set 10

2016-10-181p365w

campus • Color on final leasing stets for the 2016/2017 school year Update on expected SS NOI growth in 2017. ACC previously projected that +3% of rent growth

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388597.pdf

EFTA01389053Set 10

2016-10-181p426w

from the Sports Authority bankruptcy, as flagged as it has been, finally hits reported SS NOI results. We will be more focused on how much progress has been made

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389053.pdf

EFTA01389061Set 10

2016-10-181p304w

properties, as initially reported $630 $614 YA, ch. as 'Minty repotted 7 7% 24% SS NOI gromh Wy (consolidated) 7 0% 6 5% -64 50% • 5 00% Note consensus estimates

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389061.pdf

EFTA01388609Set 10

2016-10-061p457w

Total gross rent spread (cash. 100%1 5.6% 183% 15.0% commenced 11.3% commenced SS NOI growth Wy (cash, pro-rata) -0.5% 3.3% 1.00% - 3.00% Note consensus estimates are based

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388609.pdf

EFTA01388602Set 10

2016-10-181p312w

Spread 1pro-rata. maned. cash/ 123% 277% Renewal Spread dpianta. apnea cad 71% 70% SS NOI growth vilf Iwo-Nita cash, 32% 31% 2 5% 3 5% Note. consensus estimates

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388602.pdf

EFTA01389070Set 10

2016-10-181p436w

Figure 92: Primary mkt Sr Housing me & rent growth iFigure 93: Total portfolio SS NOI growth

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01389070.pdf

EFTA01388585Set 10

2016-10-181p737w

Sports Authority bankruptcy, as 108.00IUSD1 flagged as it has been, finally hits reported SS NOI results. We will be more San - &OA focused on how much progress has been

https://www.justice.gov/epstein/files/DataSet%2010/EFTA01388585.pdf