EFTA02362489.pdf

"Murray J. McCabe I Global Co-Head, Real Estate Investment Banking I J.P. Morgan Securities LLC"

"J.P. Morgan Securities LLC I 383 Madison Avenue I New York, NY 10179"

"To: [email protected] Subject: Fw: Update Just fyi"

"Thanks for taking the time to hear me out yesterday. I enjoyed the discussion."

"We need more time to evaluate our ability to finance this deal which is a value proposition you clearly want from us before you embrace us."

"To: Farkas, Andrew L.; Baker, Brian J. ... You guys are clearly a key player"

"Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with C-III Capital Partne"