15127 Delivered-To: hbiden@rosemontseneca.com Received: by 10.42.139.135 with SMTP id g7cs95458icu; Tue, 10 May 2011 12:48:19 -0700 (PDT) Received: by 10.52.97.10 with SMTP id dw10mr566503vdb.23.1305056898741; Tue, 10 May 2011 12:48:18 -0700 (PDT) Return-Path: Received: from mail.guardian-realty.com (mail.guardian-realty.com [66.104.8.140]) by mx.google.com with ESMTP id y8si6183260vdv.160.2011.05.10.12.48.16; Tue, 10 May 2011 12:48:17 -0700 (PDT) Received-SPF: neutral (google.com: 66.104.8.140 is neither permitted nor denied by best guess record for domain of blang@guardianrealty.com) client-ip=66.104.8.140; Authentication-Results: mx.google.com; spf=neutral (google.com: 66.104.8.140 is neither permitted nor denied by best guess record for domain of blang@guardianrealty.com) smtp.mail=blang@guardianrealty.com MIME-Version: 1.0 Content-Type: multipart/mixed; boundary="----_=_NextPart_001_01CC0F4B.33FA782C" Subject: Today - Brian Lang - Rosemont/Mathis-Harple Date: Tue, 10 May 2011 15:45:35 -0400 Message-ID: From: "Brian R. Lang" To: , , "Eric Schwerin" , , Cc: ------_=_NextPart_001_01CC0F4B.33FA782C Content-Type: multipart/ALTERNATIVE; boundary="----_=_NextPart_002_01CC0F4B.33FA782C" ------_=_NextPart_002_01CC0F4B.33FA782C Content-Transfer-Encoding: QUOTED-PRINTABLE Content-Type: TEXT/PLAIN; charset=us-ascii Ladies and Gentlemen: =20 Thank you for taking the time to meet with me today. Marvin, my Dad, apologizes for not being able to attend, but he was out of the area. I do believe we crossed some hurdles and found some interesting prospects to work on. =20 To follow up, I am attaching a brief Construction Budget for Knox Village. It does not include land, soft costs, interest carry, or site work. However it is pretty good idea of the type of money needed and on scale, the amount of jobs created.=20 =20 Secondly, we believe the site at the Meany Center is worth in the range of $23million - $25million (THIS IS STRICTLY CONFIDENTIAL). The land has many hurdles to overcome, and the zoning is the intrinsic value that we can create over the next few years. Due to the setbacks we are limited in development which really crushes the raw land value. We can discuss how we came to the numbers but some feedback from AFL-CIO probably puts us in the ball park. =20 Guardian Realty, has an excellent team with years of experience. On any meeting that we attend with the Unions, Marvin will be joining us. We may, depending on the type of presentation requested, bring all the "gray hairs" to show the stability and experience of the partners. =20 Lastly, I believe that Mike was going to email me the name of the person to whom you wanted Marvin Lang to send the books out to. =20 Thank you again, and I/we look forward to speaking soon. =20 Warmest regards, =20 Brian =20 =20 =20 =20 ________________________ Brian R. Lang Senior Vice President/Partner Guardian Realty Investors, LLC 301-770-5933 (t) =20 FOR FILES OVER 2MB PLEASE CLICK THIS LINK TO SEND: =20 http://dropbox.yousendit.com/BrianLang11058121 =20 =20 This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. =20 P Please consider the environment before printing this e-mail. Thank you. =20 ------_=_NextPart_002_01CC0F4B.33FA782C Content-Transfer-Encoding: QUOTED-PRINTABLE Content-Type: TEXT/HTML; charset=us-ascii

Ladies and = Gentlemen:

Thank you for = taking the time to meet with me today. Marvin, my Dad, apologizes for = not being able to attend, but he was out of the area. I do believe we = crossed some hurdles and found some interesting prospects to work = on.

To follow up, I am = attaching a brief Construction Budget for Knox Village. It does not = include land, soft costs, interest carry, or site work. However it is = pretty good idea of the type of money needed and on scale, the amount of = jobs created.

Secondly, we = believe the site at the Meany Center is worth in the range of $23million = - $25million (THIS IS STRICTLY CONFIDENTIAL). The land has many hurdles = to overcome, and the zoning is the intrinsic value that we can create = over the next few years. Due to the setbacks we are limited in = development which really crushes the raw land value. We can discuss how = we came to the numbers but some feedback from AFL-CIO probably puts us = in the ball park.

Guardian Realty, = has an excellent team with years of experience. On any meeting that we = attend with the Unions, Marvin will be joining us. We may, depending on = the type of presentation requested, bring all the “gray = hairs” to show the stability and experience of the = partners.

Lastly, I believe = that Mike was going to email me the name of the person to whom you = wanted Marvin Lang to send the books out to.

Thank you again, = and I/we look forward to speaking soon.

Warmest = regards,

Brian

_______________= _________

Brian R. = Lang

Senior Vice = President/Partner

Guardian = Realty Investors, LLC

301-770-5933 = (t)

FOR FILES OVER = 2MB PLEASE CLICK THIS LINK TO SEND:

http://dropbox.yo= usendit.com/BrianLang11058121

This message = contains confidential information and is intended only for the = individual named. If you are not the named addressee you should = not disseminate, distribute or copy this e-mail. Please notify the = sender immediately by e-mail if you have received this e-mail by mistake = and delete this e-mail from your system.

P P= lease consider the environment before printing this e-mail. Thank = you.

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