Subject: Re: HELPP follow up
From: "Eric Schwerin" <[email-masked]>
To: <[email-masked]>
Cc: "Neil Callahan" <[email-masked]>, "Devon Archer" <[email-masked]>, "Katie Dodge" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Sun, 3 Mar 2013 15:58:47 -0500

Just talked to Rob.   Neil, why don't you, Rob and I talk tomorrow at some point on this?  I agree with Rob that we need to decide if this is something we want to go forward with one way or another and not string General Clark along if we aren't.

10am unfortunately doesn't work for me.

Do we have any written materials on this?  No need to request it - just checking.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
P Consider the environment before printing this email.

On Mar 3, 2013, at 3:31 PM, "Rob Walker" <[email-masked]> wrote:

> Just got off the phone with Gen Clark. He just told me to tell him/them what we need to make this work. He is flying out tomorrow to oklahoma city so he won't be in NY, but thinks he can be on a call around 2pm est of that works for you guys. Can we all talk early tomorrow abt what, if anything, we'd be comfortable with doing....and maybe bring devon and Eric up to speed? Does 10am work? Just don't want to string them along too much.
> Sent via BlackBerry by AT&T
> From: Neil Callahan <[email-masked]>
> Date: Sun, 3 Mar 2013 15:11:02 -0500
> To: Ronald Meer - BCP<[email-masked]>
> Cc: <[email-masked]>; Rob Walker<[email-masked]>; Hunter Biden<[email-masked]>; Devon Archer<[email-masked]>
> Subject: HELPP follow up
> 
> Hey Ron,
> 
> I hope you are doing well.  Thank you for the detailed overview of the HELPP concept and venture this past Thursday.
> 
> We do think the strategy can produce significant returns and can be expanded to multiple housing pools once the first one gets off the ground and executes successfully.  Executing the first pool is the most difficult and bears lots of risk and requires an all hands on deck type of approach to get it done.  We continue to see counter party risk and the reliance upon exceptions being granted on a case by case basis to "sell" the pools as being significant challenges to the targeted pool and any subsequent pools.
> 
> We would be interested in discussing how we could participate in the GP (for the targeted pool and subsequent pools).  We could be very helpful in securing the initial GP capitalization, attracting investors into the housing pools that meet the proper optics, and helping navigate government at multiple levels.
> 
> Rob mentioned that General Clark was in New York this week.  We could get together tomorrow or Tuesday to discuss.  (Monday 11-1pm EST or 2-4pm EST or Tuesday anytime before 4pm EST works.)
> 
> Let me know if any of these times work or please suggest an alternative.
> 
> Best,
> 
> Neil
> 
> -- 
> Neil Callahan
> Rosemont Seneca Partners
> 401 Greenwich Street, Suite 300
> New York, NY 10013
> 917-945-9516