Opportunity from Caryn Suffredini

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eschwerin@rosemontseneca.com

DATE:

2014-06-25 20:15:35

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Hunter Biden <hbiden@rosemontseneca.com>

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See below I received from Caryn Suffredini today. I am checking with Dan, Arlene, etc. on this. Dan thinks some of his folks may have an interest.....

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Today I had a call with a REIT that I am prospecting for IR and follow on ECM advisory.

I was chatting with the CEO and he mentioned that the company principals have a second company where they are seeking investment.

The gist:
It is a Canadian publicly listed company called Plymouth Realty Capital Corp. Nothing there at this time. It is listed on the TSX Ventures exchange. They are seeking $10 million investment into the stock. The funds would be used to purchase 2 US based limited service hotels (Hampton inns) - they would grow the REIT from there. The investor would thus have to be interested in a Canadian REIT backed by US limited service hotel interests.

The CEO says that there are tax advantages with the Canadian domiciled REIT and the projection is that the investor would double their money in 12 months and receive a high dividend.

The company has spent money on diligence on the assets and legal structure that they would share so that the investor can analyze the opportunity.

Don't know if this would be of interest to your overseas investors but I figured I would pass along the info in the event a family office you cover is looking for REIT exposure.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com
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