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Thomas, VI 00802 US. Virgin Islands www.irr.com irr® December 15, 2015 Roberto A. Soltero Vice President Banco Popular de Puerto Rico PO Box 362708 San Juan, PR 00936-2708 SUBJECT ... Thomas, Virgin Islands Client Reference: 23559 IRR - Caribbean File No. 172-2015.0181 Dear Mr. Soltero: Integra Realty Resources —Caribbean is pleased to submit the accompanying appraisal of the referenced property ... intended use and intended users of the appraisal, we EFTA00803861 Roberto A. Soltero Banco Popular de Puerto Rico December 15, 2015 Page 2 adhere to the Integra Realty Resources internal