| Debt Offerings |
| Bogdan Capital is pleased to announce the following debt participation offerings.... |
| Current Debt Participation Offerings... | |
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Garrett Woods (135 Units - Phoenix, AL) Loan: $1,650,000 Interest: 10% Interest Paid Monthly Term 14 months (Scheduled to refinance in late 2009) |
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Raintree (314 Units - Macon, GA) Loan: $1,200,000 Interest: 10% Interest Paid Monthly Term 18 months (May refinance within 12 months) |
| Future Debt Participation Offerings... | |
| Eagles Landing & Sherwood Apartments $2,000,000 12% 2 Points Interest Paid Current Terms in negotiation Funding needed summer of 2009 |
South East Portfolio of HUD financed properties $10,600,000 approximate 12% 2 Points 15% additional exit fee, paid when loan is paid off HUD guaranteed primarily for elderly residents 85 - 100% occupied LTV (income approach) < 75% range Funding needed August 2009 |
| Family Lodge $700,000 Equity Terms in negotiation |
Coopers Ranch $600,000 Equity Terms in negotiation |
Disclaimer: The outline of projects and investment opportunities listed here are based on information that is deemed to be correct but not guaranteed. Terms and amounts available may change without notice prior to commitment. As with all investments, there are risks involved in some of these investments. It is recommended that you consult your own investment and/or financial advisor prior to making an investment.