TREDIC Florida LLC Corporate stakeholder introduction

Transcription

1 TREDIC Florida LLC Corporate stakeholder introduction TREDIC Florida LLC 3250 NE FIRST AVE 520, MIAMI, FL 33137, USA UK Tel: +44 (0) USA Tel: Web:

2 Contents TREDIC Florida LLC Introduction 3 Investor Relations 5 Development Deal Flow 6 Future Pipeline 14 Founding Companies 15 Principals 16 Contact 17 2 TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA

3 TREDIC Florida LLC TREDIC Florida LLC is a Miami based SPV property development company & contractor established to originate, fund and develop circa $2.5bn USD of world class real estate in the mix use, multifamily and hospitality assets classes between 2016 and 2020 under the TREDIC Florida brand name. Our prime mandate is to serve as an originator and designated joint venture development partner on behalf of major project finance targeting the Florida market. The business was founded by TREDIC Corporation of London in partnership with co-founders and Miami based contractor Hogan Brothers International, and two joint venture development partners; 1] The Turchin Companies (of Miami) and, 2] Brossier Co. (of Orlando). All partners have an incredibly strong track record with over $10bn USD of collective develop and build experience. TREDIC s prospective investment partners hold prime responsibility for fully capitalizing the development projects we originate whilst TREDIC itself holds the responsibility for initial seed funding and then full turnkey development operations, including origination and business planning; development structuring; design and permitting; project and construction management; and investment & asset management. 3 TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA

4 TREDIC are subordinated in our projects to our investment partners, participating through either a minority shareholding, or through developing on a forward funded turnkey basis. The latter involves developing on behalf of owner investors and factoring in developer profit as a line item in the development budget. TREDIC are predominantly development principals not a fee based developer, but with institutional & private equity partners of a certain stature we would consider 3rd party development management assignments. In terms of investor relations, TREDIC offers investors fully structured property development investments, with a heavy focus on mix use, multifamily and hospitality development in excess of $100m USD in the State of Florida. Our proposed developments are predominantly value added or opportunistic, often requiring quick underwriting, structuring, and execution in close working relationship with our investment partners to either improve existing properties, develop new properties, or a combination of both. 4 TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA

5 Investor Relations TREDIC offers investors fully structured property development investments in the domestic USA market, with a heavy focus on mix use development including multifamily, senior living and hotel & hospitality development in excess of $100m, primarily (but not exclusively) in the State of Florida. Our proposed developments are predominantly value add or opportunistic in nature, some would be classified as traditional design & build, others as special situation investments, often requiring quick underwriting, structuring, and execution in close working relationship with our investment partners. We principally serve the following investor categories: 1. Private equity 2. Institutional capital 3. Hedge fund 4. Sovereign wealth 5. Investment banks 6. Retail and commercial banks 7. Investment trusts 8. Family offices & UHNW 5 TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA

6 TREDIC Florida LLC Development deal flow 6 TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA

7 Mix use development 1 Downtown & Edgewater, Miami, USA Development name: Location: Development type: Investment type: Development budget: Development timetable: Building permit: 1700 Biscayne Boulevard Arts District Miami (in between Downtown & Edgewater) Mix use: residential, hotel, offices, retail, restaurant & parking Opportunistic real estate development project $650m USD Five years Yes, the building permit has been achieved but we will want to refine and go back for a re-permitting in partnership with the investor to determine the investors highest & best use. Land acquisition: No, land acquisition is part of the $650m USD development budget. Strong ties exist with the land owner and a price of $85m USD has been agreed for the acquisition. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. Development summary: TREDIC Corporation immediately require a circa $650m USD total funding package to be cash flowed over a five year period in order to develop 1700 Biscayne Boulevard Miami into one of the cities and Florida s leading mix use developments. The site represents one of the last largescale infill redevelopment opportunities along Miami s renowned Biscayne Boulevard. Located in close proximity to Dowtown, Edge Water and the Performing Arts District, there are no other sites that offer the same amount of development potential combined with the walkability of this site. The development program, which currently includes 672 residences, a 505 hotel rooms, 300,000 square feet of commercial space, retail, restaurants and 1,500 parking spaces is located on a full city block (totalling over 3 acres) and will be developed within three 55 story towers. 7

8 Mixed use development 2 Aventura & Sunny Isles, Miami USA Development name: Location: Development type: Investment type: Development budget: Development timetable: Building permit: Riverwalk Miami On the border of Aventura & Sunny Isles (North Miami Beach) Mix use: residential, hotel, offices, retail, restaurant & parking Opportunistic real estate development project Circa $175m USD months The project has zoning for the proposed usage and a concept has been designed, but the building permit hasn t been achieved yet. Securing the permit will be the first stage of the development process. Land acquisition: No, land acquisition is part of the $175m USD development budget. Development summary: TREDIC immediately seek a circa $175m USD funding package to be cash flowed over a 30 month period in order acquire and turnkey redevelop a circa 2 acre site in central Aventura Miami into a mix use development consisting of multifamily residential, hotel, office and retail assets classes. The land is located at Biscayne Blvd., North Miami Beach, FL. It is on a US Federal Highway and is comprised of approximately two (2) acres of land (93,000 SF) with approximately 300 feet of frontage on Biscayne Blvd, between Sunny Isles and the City of Aventura. The property is predevelopment investment grade with North Miami Beach Urban Mix Use Zoning. Pre-development will take circa 12 months to fully detailed design and permit the project with a further 24 month construction and build programme. Total construction is 675,000 sq.ft. with 196,000 sq.ft. of parking (500 spaces), 235,000 sq.ft. of multifamily, 200,000 sq.ft of hotel or extended stay use, 15,000 sq.ft. retail, 15,000 sq.ft office & 15,000 sq.ft of restaurant. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. 8

9 Mixed use development 3 Downtown Orlando, USA Development name: Location: Development type: Investment type: Development budget: Development timetable: Building permit: Land acquisition: 401 South Rosalind, Orlando In the heart of Downtown Orlando, next to the Doctor Philips performing Arts Centre Mix use: residential, hotel, 10,000 sq.ft. restaurant & parking Opportunistic real estate development project $140m USD 30 months The project has zoning for the proposed usage and a concept has been designed, but the building permit yet hasn t been achieved yet. Securing the permit will be the first stage of the development process. Yes, the land owner wants to JV with TREDIC and put the land into the deal as equity in, but we believe buying them out is the best course of action. An acquisition price of $10m USD has therefore been factored into the $140m USD development budget. Development summary: TREDIC immediately seek a circa $140m USD funding package to be cash flowed over a 30 month period in order to immediately acquire and turnkey redevelop a circa 1 acre site in central Downtown Orlando into mix use development consisting of 318 multifamily units a 138 bed lifestyle hotel and 10,000 sq.ft. of retail / restaurant space. The site is located at 401 South Rosalind Avenue, on the South East corner of Rosalind Avenue and South Street, a few hundred meters from the I4 and directly off the 408. It is also right in the heart of Downtown Orlando, and adjacent to the new Dr. Phillips performing Arts Centre (the very best location in Orlando). The total construction is 350,000 sq.ft. with parking & services at 180,000 sq.ft. The development has full zoning for mix use high rise development and is the first potential high-rise location as you enter downtown from the International Airport & from the 408 Expressway. The site is owned by a TREDIC Florida LLC business partner whom would like to JV in the deal by way of land contribution, but it makes far stronger commercial sense to buy them out and take full control of the development. An investment memorandum can be produced upon request. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. 9

10 MBR: 5* Hotel resort development 1 Central Miami Beach, USA Development name: Location: Development type: Investment type: Development budget: Development timetable: Building permit: Land acquisition: The Miami Beach Resort & Yacht Club Millionaires Row, Central Miami Beach, Miami 5* Luxury hotel & condos with conferencing and private clubs Value added & opportunistic full renovation including part refurbishment and part redevelopment $450m USD (potentially lower depending on acquisition price negotiation) Three years No, the renovation works will require a period of 9-12 months predevelopment. No, the acquisition of the existing hotel is part of the $450m USD development budget. Strong ties exist with the land owner however and a price of $300m USD has been agreed in principle for the acquisition. Development summary: A $450m USD immediate investment package to be cash flowed over a three year period is sought in order to acquire and turnkey redevelop an iconic existing hotel on Miami Beach (formerly the Doral Hotel, now called the Miami Beach Resort) into a brand new and significantly improved hotel led mix used development with the added elements of private membership clubs, condominium conversions, an iconic first class marina along the Intercostal Waterway, and the development of a brand (the Miami Beach Resort & Yacht Club) with a specific niche introduction into the luxury yachting realm. Existing hotel: Currently the Miami Beach Resort has 446,889 sq.ft, 424 rooms, 240 parking spaces, 40,000 sq.ft. of meeting space and 300 seats across 4 restaurants as well as prime direct access to the beach. Proposed changes: To convert and redevelop the hotel into mix use development, comprising a 5* 297 bedrooms, 10 Cabana Suites, 52 ultra-luxury condominiums, nine F&B options and four private clubs, to include Beach Club, Rooftop Club, Sports Club and the Marina and Yacht Club; as well leisure entertainment, direct access to a Marina in Indian Creek and on Miami Beach itself. An investment memorandum and full due diligence package is available. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. 10

11 Deauville: 4* Hotel resort development 2 Central Miami Beach, USA Development name: Location: Development type: Investment type: Development budget: Development timetable: Building permit: Land acquisition: The Deauville Millionaires Row, Central Miami Beach, Miami Hotel resort development Value added & opportunistic full renovation including part refurbishment and part redevelopment $550m USD 3.5 years Yes, the building permit has been achieved but we will want to refine and go back for a re-permitting in partnership with the investor to determine the investors highest & best use No, the acquisition of the existing hotel is part of the $550m USD development budget. Strong ties exist with the land owner however and a price of $300m USD has been agreed in principle for the acquisition. Development summary: TREDIC are immediately seeking a major global hospitality investment partner to acquire the Deauville Hotel & Beach Resort which is currently owned by one of our business associates and redevelop it into a much larger, brand new and significantly improved hotel & resort led mix used development for an investment of $550m USD, to include $300m USD for the acquisition of the asset and $250m USD to be cash flowed over a three year period for renovation, construction and fit out. There is substantial global interest in the operating of the Hotel but TREDIC favour bringing in Hard Rock to make it their global centrepiece and to create the undisputed hotspot on Miami Beach for concerts, food & beverage & conferencing. The initial renovation and redevelopment plans have been submitted to the City of Miami Beach but will have to go back for final approval once the financing and delivery structure has been finalized between TREDIC Florida LLC and our chosen investment partner. An investment memorandum can be produced upon request. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. 11

12 Collins Park: 4/5* Business hotel development Central Miami Beach Development name: Collins Park Hotel Location: Clearwater Beach, Florida, USA Development type: Business & tourist hotel Investment type: Opportunistic real estate development Development budget: $130m USD Development timetable: 2 years Building permit: Yes, this project is ready to be built Land acquisition: No, land acquisition is part of the $130m USD development budget. Strong ties exist with the land owner and a price of $65m USD has been agreed for the acquisition. Development summary: TREDIC Corporation immediately require a $130m USD total funding package to be cash flowed over a two year period in order to acquire and turnkey redevelop an entire Miami Beach City Block adjacent to the Miami Convention Centre in Collins Park into a 294 bedroom 4/5* Hotel; a project that will become one of Miami s most iconic hotel developments. The Collins Park Hotel has full building permits and is ready to be developed with immediate effect and has been designed in conjunction with award winning architects Kobi Karp. It is located on Washington and Park Avenues, between 20th and 21st street, directly opposite the Miami Convention Centre, 1 block from Collins Park and 2 blocks from the Beach. Its immediate and connectivity proximity to the convention centre being key to high forecasted occupancy rates and revpar. At present, there is arguably no better undeveloped city block in the whole of Miami. The hotel is within 5 minutes walk of other iconic hotels and landmarks such as The Setai, The Delano, The Fillmore, The Shore Club, The W Hotel, Miami Beach City Hall, New World Symphony, The Bass Museum, the Bayshore Golf Course, The Holocaust Memorial, the Colony Theatre and Miami s foremost shopping experice on Lincoln Street, with leading brands such as Macy s dominating the retail scene. The area is also considered the party centre of Miami with the leading bars, restaurants, clubs and cocktail lounges all within easy walking distance of the hotel. The hotel will include 2 restaurants, 3 bars, conferencing facilities, a full spa, health club and swimming pools, and executive lounge and some retail on ground floor street level. The build programme is 2 years and the exit strategy is to wait until yield stabilisation and facilitate an investment sale. Based on current Miami yields and cap rates the asset is expected to sell for 685,000 per key, generating an investment exit valuation of just over $200m USD. An investment memorandum can be produced upon request. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. 12

13 DA TREDIC Florida LLC 5* JW Marriott Hotel development Clearwater Beach, Florida, USA Development name: JW Marriott Hotel & Spa Location: Clearwater Beach, Florida, USA Development type: 5* plus Hotel Development Investment type: Opportunistic real estate development project Development budget: $110m USD Development timetable: 2 years Building permit: Yes, this project is ready to be built Land acquisition: No, land acquisition is part of the $110m USD development budget. Development summary: TREDIC Corporation immediately require $110m USD to be cash flowed over a 30 month period in order to acquire and turnkey demolish and redevelop an existing hotel into a 5*+ JW Marriott on the magnificent Clearwater Beach near St. Petersburg & Tampa Bay in Florida. This spectacular development includes 170 keys, 32 branded residences and 246 parking spaces as well as conferencing and a world class spa. 1 Clearwater beach is regularly seen as one of the top and most exclusive beaches in all of North America, and this proposed JW Marriott will be the only hotel in all of Clearwater with its own private beach. The development includes the acquisition and demolition of an existing hotel and then its full redevelopment. The existing owner has agreed to sell the asset to TREDIC and has secured the full building permit himself. TREDIC have secured investment interest already to purchase the hotel upon completion but due to the incredibly high ADR s and RevPAR s we would wish to hold it. A due diligence pack and underwriting package can be prepared upon request. Investment options: TREDIC Florida LLC maintain ultimate investor flexibility to ensure successful funding execution and we are able to financially structure the transaction in a number of ways. Our favoured method is to dilute the majority shareholding in TREDIC Florida LLC (the development vehicle) North East Perspective to raise the capital under a conventional joint venture SPV structure with TREDIC as the developer and minority shareholder and the investor as a passive majority shareholder. TREDIC could however build and hand over 100% ownership in the asset on a forward funded turnkey contract for an owner investor, or structure a 100% private loan placement or a convertible debenture (initial loan convertible to equity at project opening). Due diligence: A full investment memorandum exists subject to request. Next steps: Please contact Jason Harris of TREDIC Corporation to discuss on either or jharris@trediccorporation.com. South West Perspective 3 2 North West Perspective AA26 CLEA 103 R t. 727 This d + pete or rep permis inc. PRO JW MARRIOTT CLEARWATER ISSU PRO DRA ISSU SHE DES 13

14 Future pipeline TREDIC Florida are constantly originating and evaluating new opportunistic development deal flow to bring forward to prospective funding partners, in both Florida and within the wider USA market. TREDIC currently have an additional development pipeline under detailed due diligence that includes: 300 unit multifamily development in Orlando Florida; close to Sea World located just of International Drive. Mix-use development in Nashville Tennessee including multifamily, assisted living, hotel, retail / commercial and medical office. Mix-use hotel & condo development in downtown San Diego California, including 387 bedrooms, 6 condos & 126 parking spaces. 350 unit multifamily development in Sunrise Florida. Mix use redevelopment of former shipyards in Jacksonville Florida including 4x 12 story residential buildings (590 units), 60,000 sq.ft. Commercial space and new 650 berth Marina. A 111 key consented business class 3*/4* hotel in Dania Beach Florida, just ten minutes drive from Fort Lauderdale International Airport. 14 TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA

15 Founding Companies TREDIC Florida LLC was established and originated by British real estate developer TREDIC Corporation of London in partnership with co-founder and Miami based contractor Hogan Brothers International, and two joint venture equity partners; The Turchin Companies (of Miami) and Brossier Co. (of Orlando). Web-site: Headquartered in London, TREDIC Corporation is a privately held British family office owned real estate private equity & development firm with special purpose vehicle commercial interests across all major asset classes in both developed, emerging & high risk economies. TREDIC structures, finances & develops major real estate & infrastructure developments and are experts in managing specific aspects of, or the full project development & funding process. Placing particular emphasis on class A hotel, commercial, residential, retail, mix use, resort & master planned communities; as well distribution, logistics and infrastructure, TREDIC currently have commercial interests in a number of global markets and regional trading blocs, including Europe, Russia & CIS, Middle East & Africa, Turkey & Eastern Europe, South East Asia & Latin America. Web-site: Hogan Brothers International has a vast depth of experience and talent in the development and construction of hospitality projects throughout the U.S. They are the catalyst for the programing and design of a project. Hogan Brothers excel in team building, selecting the very best within the industry to develop & design-build, as owner s reps and contractors.hogan Brothers are currently redeveloping the Garden Hotel in the heart of Miami Beach into 5 Building 190 Room Boutique Hotel in conjunction with New York City based developer The Witkoff Group and Washington D.C The Carlyle Group which is one of the world s preeminent Investment Funds. Hogan Brothers has been active in the Miami Beach Hotel Market since its inception for 10 years now and has vital local knowledge and an intimate understanding of the Miami Beach Hospitality Markets. Web-site: BROSSIER DEVELOPING THE REAL ASSETS OF TOMORROW, TODAY SINCE 1893 Web-site: The Turchin Companies set a gold standard for luxury living. From the grand estates of South Florida to the mountainside lodges in the Blue Ridge Mountains, every Turchin project is designed to capture the mystique of privileged living. Starting out in construction in South Florida in 1927, the organization built a well-deserved reputation as one of the premiere development companies in the south east. With a history spanning 90 years of building Miami real estate, the Turchin Companies is considered the preeminent and oldest established developer & construction manager in the City with a brand name representing history, prestige and market standing. The Turchin Companies is also credited with building most of the high rises in Miami Beach according to the Miami Herald. The Brossier Company headquartered in Orlando, Florida specializes in delivering turnkey comerical development projects throughtout the southestarern United States. The company has had great success in providing an all comprehensive a turnkey approach by providing all aspects of the development process such as site selection, economic feasibility and pre-civil engineering analysis, securing site, and obtaining all permits to make tough commercial projects projects a reality. The Brossier Company maximizes site density, creating additional value through the use of creative and innovative solutions regarding land planning, changes in zoning, and/or comprehensive land use plans and solving environmental issues that may restrict or even prohibit development. 15

16 Principals TREDIC Florida LLC has four principals: Jason Harris (Chairman & CEO of TREDIC Corporation), Matthew Hogan (President of Hogan Brothers International), John Turchin (President of The Turchin Companies) and Robert Reese (President of Brossier Co.): Jason Harris - Chairman, Equity Partner jharris@trediccorporation.com Tel: +44 (0) Jason is third generation real estate & private equity executive with over 15 years and $7bn USD of execution experience in property development, investment & advisory. A British National, Jason holds an Honors degree in Business and Finance from Sheffield (UK), and an MSc with Distinction in Real Estate from Birmingham (UK). He is a professionally qualified Chartered Surveyor, an RICS qualified assessor and an active member of the Urban Land Institute. He has global development & investment transactional experience spanning Europe, Russia & CIS, Middle East & Africa, Turkey & Eastern Europe, South East Asia & Latin America. Matthew Hogan - Company Secretary, Equity Partner matthewh@hoganbrothers.net Tel: Matthew Hogan graduated from Florida State University (1990) with a B.S. in Economics and Finance with an Emphasis in International Finance. Matthew also is a graduate of New York University s Real Estate Institute where he received Graduate Certificates in Real Estate Finance and Investment and Hotel and Motel Operations. In addition Matthew attended Cornell University s Professional Development Program in Hotel Development, Investment, and Finance. Matthew co-founded Hogan Brothers and as Chief Executive and President is responsible for the daily financial management and business development for the company. John Turchin - JV Equity Partner jturchin@turchinserver.com Tel: The Turchin Companies is a dynamic organization, headed by 3rd generation designer/developer John Turchin, specializing in the fields of construction and development, design and consulting, luxury real estate sales and marketing, property management, alternative energies, and more. Turchin has grown a reputation as not just a creator of incredible properties, but more importantly as a creator of extraordinary lifestyles. John is proud to sit on the City of Miami Beach Design Review Board and has held an unlimited General Contractor s License in South Florida since License#: CGC Robert Reese - JV Equity Partner rbreese@brossierco.com Tel: Robert Brossier Reese, Jr., President has over 26 years experience in real estate finance, development and construction. He currently holds a license as a certified general contractor, real estate and mortgage broker in the state of Florida. Robert has held positions as a Vice President in commercial real estate with NCNB now Bank of America, and with SunBank now SunTrust. Robert has developed projects for the Brossier portfolio as well as private investors. Specializing in corporate build to suit projects. 16

17 Contact Information In the first instance, may all stakeholders kindly submit enquiries to: TREDIC Corporation Building 3, Chiswick Park, 566 Chiswick High Road, Chiswick, London W4 5YA, United Kingdom. Mobile: +44 (0) Tel: +44 (0) Fax: +44 (0) Web: HOGAN BROTHERS INTERNATIONAL 900 Biscayne Blvd Miami, FL United States of America Tel: +1 (305) Web: TREDIC Florida LLC NE FIRST AVE, 520, MIAMI, FL 33137, USA