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EFTA02130108

DOJ Epstein Files
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To: Julian Leese From: Sent: Thur 9/5/2013 6:07:20 PM Subject: Re: Michigan Real Estate Project thank you! Will send to Jeffrey... On Sep 5, 2013, at 2:00 PM, Julian Leese wrote: > Dear Jeffrey, > I enclose a summary of our operation and activities to date, prepared by the MD of RTI, who has been in this business since 2008. Given our recent conversation, I have asked him to focus on our track record. • > We are now at a critical point, where we have massive demand far outstripping our current supply capability. > Also a quick reminder that our 12% rental guarantee is backed with the full amount deposited into an escrow account. > As our properties yield about 14% on average, the difference between this and the 12% guarantee, provides a sufficient enough cushion for us to be feel comfortable offering this. > Kind regards • > Julian > <RTI executive notes for Jeffrey.pdf> EFTA_R1_00772647 EFTA02130108