Subject: Re: RREAF - King Street question
From: "Arlene Busch" <[email-masked]>
To: "Devon Archer" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>, "Eric Schwerin" <[email-masked]>
Date: Wed, 2 Mar 2011 04:25:38 +0000

Devon,
You should be very proud of the raise so far. I will call you on Monday to discuss how I should discuss the commitments below with new potential investors. 
Thanks for the update below. 

Arlene
Arlene Busch
202-333-1880
[email-masked] 

-----Original Message-----
From: Devon Archer <[email-masked]>
Date: Tue, 01 Mar 2011 22:32:02 
To: Arlene Busch<[email-masked]>
Cc: Hunter Biden<[email-masked]>; Eric Schwerin<[email-masked]>
Subject: RREAF - King Street question

Arlene,
The verdict on King Street is that we will be able to use their name, but
NOT until our first Dallas property deal with them closes.  All things go
according to plan they will be an LP in RREAF in 34 days.  Until then we can
use language like our first LP or institutional committed capital is coming
from one of worlds' premier hedge funds (~$25mm - $30mm).

Capital always follows capital so in your conversations it may be helpful to
refer to the following as of today.

RREAF Committed Capital:
$25mm Lone Rock Timber (Sohn Family Office)
$15mm Angel Riva (Large European Family Office)
$25mm King Street (Premier Hedge Fund)

$65mm in RREAF committed capital (RREAF raise started Jan 1)
-----------
$60mm in equity capital raised in Q4 2010 for 'pre RREAF' / Rosemont Realty
acquisition program

Let's discuss.
Devon