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RAFT DRAFT DRAFT DRAFT FOR IMMEDIATE RELEASE MARCH 4, 2010 Contact: Jeffery P. Cohen Island Capital Group (212) 705-5000 New York, New York -- Island Capital Group LLC ("Island Capital"), a private real estate oriented merchant banking firm controlled by Andrew L. Farkas, and Centerline Holding Company ("Cente
212) 705-5000 New York, New York -- Island Capital Group LLC ("Island Capital"), a private real estate oriented merchant banking firm controlled by Andrew L. Farkas, and Centerline Holding Company ("Centerline") announced today that through its affiliate C-III Capital Partners ("C-Ill"), Island had acquired 100
tion Agreement") between Island C-III Holdings LLC ("Island") and Centerline (the "Centerline Transaction"), including payment of advisory fees to Island Capital Group LLC ("ICG") in connection therewith. Managing Member C3 Directives LLC, a Delaware limited liability company, will be the managing member of the
tity and (ii) directly transfer its entire membership interest in the Company to any person or entity that is directly or indirectly controlled by Andrew L. Farkas. Any other direct or indirect transfer of the Managing Member's membership interest in the Company shall require the approval of a majority-in- int
hard copy format. Nothing contained in this e•mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. EFTA_
ay to reschedule for a time next week if that's OK. Please confirm you have received this message. Thank you, Maddie Hagen Executive Assistant to Andrew L. Farkas This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed.
ed in this e-mail shall be considered a EFTA_R1_01098738 EFTA02279693 legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. plea
0-11:00am Fri, 3/15 — 2:00-3:00pm EFTA_R1_01098737 EFTA02279692 Please let me know when works? Thank you, Maddic Hagen Executive Assistant to Andrew L. Farkas Thank you, Maddic Ilagen Erect/thy .4SSIS Wu 10 Andrew L. Farkas This message, and any attachments hereto, is confidential and intended exclusiv
hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. This
am-12:00pm or 2:00-2:30pm Please let me know what works best! Again, it should take about 15 minutes. Thanks, Maddie Hagen Executive Assistant to Andrew L. Farkas This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed.
hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. EFTA0
am-12:00pm or 2:00-2:30pm Please let me know what works bestl Again, it should take about 15 minutes. Thanks, Maddie Hagen Executive Assistant to Andrew L. Farkas This message, and any attachments hereto, is confidential and intended exclusively for the use of the individual or entity to whom it is addressed.
hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. pleas
r 4:00-4:30pm Thurs, 3/14 - 10:30-11:00am Fri, 3/15 — 2:00-3:00pm Please let me know when works? Thank you, Maddie Hagen Executive Assistant to Andrew L. Farkas EFTA00491640 Thank you, Maddie Hagen Executive Assistant to Andrew L. Farkas This message, and any attachments hereto, is confidential and inte
hard copy format. Nothing contained in this e-mail shall be considered a legally binding agreement, amendment or modification of any agreement with Island Capital Group LLC or any of its affiliates, each of which requires a fully executed agreement to be received by Island Capital Group LLC or such affiliate. This
Thurs, 3/14 — 10:30-11:00am Fri, 3/15 — 2:00-3:OOpm Please let me know when works? EFTA00491670 Thank you, Maddie Hagen Executive Assistant to Andrew L. Farkas MEM Thank you, Maddie Hagen Executive Assistant to Andrew L. Farkas This message, and any attachments hereto, is confidential and intended exclu
Entities connected to both Island Capital Group and Andrew L. Farkas

Prince Andrew
PERSON
Jeffrey Epstein
PERSONAndrew Farkas
PERSON
Lesley Groff
PERSONMaddie Hagen
PERSONHagen, Maddie
PERSON
Michael Cohen
PERSON
Harvard University
ORGANIZATION
George Mitchell
PERSONDaphne Wallace
PERSONFarkas Hall
PERSONthe Hasty Pudding Club
ORGANIZATION
Abraham Lincoln
PERSONAmanda
PERSON