EMAIL DETAILS

Fyi...
Arlene Busch
202-333-1880
Abusch@rosemontseneca.com


-----Original Message-----
From: Devon Archer <darcher@rosemontcapital.com>
Date: Fri, 1 Jul 2011 07:50:00
To: Dan Burrell<DBurrell@rosemontrealty.com>
Cc: abusch@rosemontseneca.com<abusch@rosemontseneca.com>
Subject: Re: Hostetler update

I defer to Arlene who spoke directly to Bill for additional color but the condition being they'll sign up to RREAF along with the first deal they'd like to come into. I am suggesting we go hard with them on Las Colinas. That all said Arlene had a great conversation with Bill so very great news in the scheme of things yes.

Devon Archer
+646 436 3745

Please excuse typos as this message was sent from my handheld device.

On Jul 1, 2011, at 12:33 AM, "Dan Burrell" <DBurrell@rosemontrealty.com<mailto:DBurrell@rosemontrealty.com>> wrote:

That's grt news!!!! So he is a firm commit to RREAF?

From: Devon Archer [mailto:darcher@rosemontcapital.com]
Sent: Thursday, June 30, 2011 11:42 AM
To: Dan Burrell
Cc: Arlene Busch <abusch@rosemontseneca.com<mailto:abusch@rosemontseneca.com>>
Subject: Hostetler update

Arlene spoke to Hostetler:

Bad news:
They have seen the Atlanta deal and they do not want to participate.

Good news:
Bill relayed to Arlene that they want to start their RREAF participation by looking at a deal. The first deal that they like (Las Colinas) will be the beginning of their RREAF participation. Bill expressed to Arlene that they envision allocating $40-100mm with Rosemont into RREAF.