EMAIL DETAILS
SUBJECT:
Re: Need business guidance
PRI: NORMAL
FROM:
R
rlaughlin01@icloud.com
DATE:
2014-10-22 19:09:32
MSG_ID:
<3173E397-49AB-4F98-BEC4-E46C93AB899D@icloud.com>
RECIPIENTS:
TO:
H
Hunter Biden
<hbiden@rosemontseneca.com>
CONTENT:
TEXT: YES |
HTML: YES
PROCESSED
That would be great. I'm free tonight and tomorrow until 2pm. Robert Laughlin (301) 467-5958 > On Oct 22, 2014, at 2:55 PM, Hunter Biden <hbiden@rosemontseneca.com> wrote: > > Hey buddy. Lets talk about this in person. When are you available. > R. Hunter Biden > Rosemont Seneca Partners > Washington D.C. > 202-333-1880 > > > >> On Oct 21, 2014, at 6:13 PM, Bobby Laughlin <rlaughlin01@icloud.com> wrote: >> >> Hey man- great seeing you the other day. I'm in the middle of structuring an acquisition of a 287 unit apartment complex in Winston- Salem, and we need to raise money through private debt. I just thought to reach out to you to see if I could get some guidance on who the correct source is to goto. >> >> We need $4,000,000 to buy the seller out. The complex holds $8,000,000 in current debt, has been valued at $13,700,000, and the seller has agreed to let go of it for $12,000,000. The seller would hold the current note for 3 years after ownership, but we would assume payment on that debt immediately. The $4,000,000 we need to buy the seller out would be collateralized by equity in a private company with solid financials, not the apartment building. >> >> MOM's Organic Market is the company we would use to collateralize the debt for the acquisition. MOM's is owned by Scott Nash, who is my investor. His company did $124,000,000 in revenue last year and has been valued at $250,000,000. They have very strong financials with little debt. I'm going to talk to Scott about securing the private debt with 5% equity in his company (which could be sold very quickly to recover the capital in the event of an unlikely default. Investors call him regularly to buy equity). With current valuations, 5% would be worth $12,500,000. That's more than 3x the amount of the loan. >> >> Please let me know if you know a source (firm or individual) we could goto for the capital. We would only need the capital long enough to refinance the private debt back out, which would be about 2 years. >> >> This would be a career deal for me so any help or suggestions would be greatly appreciated. >> >> All the best, >> >> Robert Laughlin >> (301) 467-5958 >=2
METADATA:
THREAD:
INDEX:
AdhhndfSUvce601PTsy6N5GdrVvuIQ==
REFERENCES:
REPLY_TO:
<483EE84B-56F9-462A-82A1-15DD6EE1B963@rosemontseneca.com>
REFS:
<35FB1C31-527F-42FE-BA33-CB261FFF949A@icloud.com>
<483EE84B-56F9-462A-82A1-15DD6EE1B963@rosemontseneca.com>