FW: Mitigation Land

Developer looking for raw land in San Joaquin Co for mitigation..

Sent: Thursday, July 05, 2007 11:17 AM
To: sbroderick98
Subject: RE: Mitigation Land

Hi Sean

I just sat down with the developer and he has finished purchasing property
in Sacramento County. Yolo County was not an option.

He is concentating on picking up property in San Joaquin County.

• Approximately 12,000 acres
  
• Requirements: Minimum 300 acre parcels
• Delta type soil
• Row Crop Ok, just no permanent crops
• No grazing land
• Old orchard or Vineyards may be ok depending on the
  soil samples and
• aerial photos.

FW: Yellowstone Property

New opportunity from Friday from a business partner..

From: Sean M. Broderick, CCIM
Sent: Friday, July 06, 2007 10:53 AM
Subject: Yellowstone Property

Attached are some numbers on a 1,200 acre master plan outside of the West entrance to Yellowstone Nat. Park.. One of my clients has paid option money and entitlement fees to this point (about 90% complete) and need additional capital to get entitlements approved in 2/08. They are willing to give up 40% equity for a $3M equity infusion as soon as possible. From the numbers, there is $60M+ anticipated profit for the 40% equity partner as well as 12% pref on the $3M. Once entitlements are acquired in Feb ’08, the bank financing is in place to return ½ of the $3M equity capital.

Let me know if this is something that you’d would have an interest in.. My contact information is provided below..

Thanks, Sean..