Prime High Yield First Mortgage Finance Opportunity
August 11, 2010
I am writing to advise you of an excellent opportunity to provide high yield, first mortgage financing to facilitate the predevelopment and advancement of a major 500+ acre, multi-phase, master planned, destination equestrian and golfing community within 90 minutes of Manhattan.
This spectacular property has a huge profit potential, and is being developed by a world class management and development team.
The project has been in the making for over 10 years and has just received all necessary approvals, which is why we are writing to you now. In addition, there is an excellent expectation that the development will be approved for a public finance construction facility, which will serve as the exit for your loan.
Existing ownership has already invested substantial capital, and is totally committed and focused to making this development a huge success. The property enjoys a great location and a world class development team.
Please respond “OK” to the following confidentiality agreement, if you wish to receive more information regarding this excellent high yield senior mortgage finance opportunity.
“You hereby agree to keep any and all information delivered by Carlton regarding the refinancing and recapitalization (the “Transaction”) of a 500+ acre multi-phase master planned destination resort, equestrian and golf community located within 90 minutes of Manhattan (the “Property”) strictly confidential and shall not disclose any such information to any third party without Carlton’s prior written consent, except to your officers, directors, affiliates, partners, members, employees, financial advisors, legal counsel and accountants on a need to know basis. Notwithstanding the foregoing, such information does not include information that (a) is or becomes publicly available (other than as a result of a disclosure by you in violation of this agreement), (b) is already known to you or becomes available to you on a non-confidential basis from a person who is not known by you to be bound by a confidentiality agreement or (c) was or is independently developed by you without use of the information furnished by us. Furthermore, except in the ordinary course of your business unrelated to the Transaction and the Property, you shall not, without the prior written consent of Carlton, communicate with the borrower, any lender, tenant, guarantor, contractor and/or obligor connected with, related to, and whose name is obtained from the provided information with respect to the Transaction. The above provisions shall terminate on the earlier to occur of one year from the date hereof or the execution of a definitive agreement with respect to the Property.
Thank you,
Howard L. Michaels
Chairman
Carlton Advisory Services, Inc.
560 Lexington Avenue – 10th Floor
New York, NY 10022
(212) 545-1000 office
(212) 867-1305 fax
Email: howardmichaels@carltongroup.local
Website: www.carltongroup.local
Carlton Exchange: www.carltonexchange.com
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