Epstein Secrets

From: Jaeger, Bruce <I To: Paul Barrett < >, Jeffrey E. <jeevacationggmail.corn> CC: Richard Kahn <I Subject: RE: REIT Operating Units Date: Tue, 22 Aug 2017 16:25:15 +0000 See my initial responses next

let me know how you wish to proceed. Thank you. From: Jaeger, Bruce (New York 3 Bryant) Sent: Tuesday, August 22, 2017 9:54 AM To: 'Paul Barrett; jeffrey E. Cc: Richard Kahn Subject: RE: REIT Operating Units Paul, The presentation by Sagewood Asset Management provides detailed responses to your questions

an send the materials directly to the prospective investor. Please forward and I will submit in the Stifel system for approval. After speaking with Jeffrey, exposures, margin requirements and potential capital calls were key concern(s) as well as fees and transaction costs. The Separate account structur

holder will geta capital gain? On Tue, Aug 8, 2017 at 2:51 PM, Jaeger, Bruce < > wrote: EFTA00670426 For Information & Discussion Purposes Only Stifel Bank & Trust has issued non-purpose loan(s) using Convertible REIT Operating Units as collateral. The Client, Bank and REIT were subject to a Tri-party collatera

Importance: normal Which entity would you like to use? Paul Barrett From: Jaeger, Bruce Sent: Tuesday, August 22, 2017 9:54 AM To: Paul Barrett jeffrey E. Cc: Richard Kahn Subject: RE: REIT Operating Units Paul, The presentation by Sagewood Asset Management provides detailed responses to your questions

From: Paul Barrett To: Jeffrey E. <jeevacation(iksmail.com> Cc: Richard Kahn Subj

ce < > wrote: Let me know how you wish to proceed. Thank you. From: Jaeger, Bruce (New York 3 Bryant) Sent: Friday, August 18, 2017 4:35 PM To: 'Jeffrey E.' Subject: RE: REIT Operating Units Jeffrey- As discussed, please call me on Monday once you determine that the client is comfortable with disclosing

holder will geta capital gain? EFTA00670437 On Tue, Aug 8, 2017 at 2:51 PM, Jaeger, Bruce < > wrote: For Information & Discussion Purposes Only Stifel Bank & Trust has issued non-purpose loan(s) using Convertible REIT Operating Units as collateral. The Client, Bank and REIT were subject to a Tri-party collatera

From: Jaeger, Bruce To: jeffrey E. <[email protected]> Subject: REIT Operating Units Date: Tue, 08 Aug 2017 18:51:35 +0000 For Information & Discussion Purposes Only Stifel Bank

er, Bruce (New York 3 Bryant) Subject: Re: REIT Operating Units tell me the structure ? On Tue, Aug 8, 2017 at 9:39 AM, Jaeger, Bruce < > wrote: Jeffrey, Good catching up this am. I did a little due diligence and we DO structure loan facilities against REIT Operating Units out of our Stifel Bank & T

jeffrey E. <[email protected]> Subject: REIT Operating Units Date: Tue, 08 Aug 2017 18:51:35 +0000 For Information & Discussion Purposes Only Stifel Bank & Trust has issued non-purpose loan(s) using Convertible REIT Operating Units as collateral. The Client, Bank and REIT were subject to a Tri-party collatera

From: Jaeger, Bruce To: jeffrey E. Subject: RE: REIT Operating Units Date: Tue, 08 Aug 2017 13:51:10 +0000 Let me do a little more research and I will come back to you shortly. From:

er, Bruce (New York 3 Bryant) Subject: Re: REIT Operating Units tell me the structure ? On Tue, Aug 8, 2017 at 9:39 AM, Jaeger, Bruce < > wrote: Jeffrey, Good catching up this am. I did a little due diligence and we DO structure loan facilities against REIT Operating Units out of our Stifel Bank & T

wrote: Jeffrey, Good catching up this am. I did a little due diligence and we DO structure loan facilities against REIT Operating Units out of our Stifel Bank & Trust. Let me know how you wish to proceed. Best regards, Bruce Bruce W. Jaeger Director/Investments I STIFEL 3 Bryant Park i i d Floor i New York, NY

From: Jaeger, Bruce To: jeffrey E. <[email protected]> Subject: RE: REIT Operating Units Date: Tue, 08 Aug 2017 20:30:40 +0000 Not sure —will revert as soon as I hear back from ou

ork 3 Bryant) Subject: Re: REIT Operating Units tell me the structure ? EFTA00695098 On Tue, Aug 8, 2017 at 9:39 AM, Jaeger, Bruce <1 > wrote: Jeffrey, Good catching up this am. I did a little due diligence and we DO structure loan facilities against REIT Operating Units out of our Stifel Bank & T

e a sample of the tri party collateral agreement On Tue, Aug 8, 2017 at 2:51 PM Jaeger, Bruce < wrote: For Information & Discussion Purposes Only Stifel Bank & Trust has issued non-purpose loan(s) using Convertible REIT Operating Units as collateral. The Client, Bank and REIT were subject to a Tri-party collatera

From: Jaeger, Bruce < Sent: Friday, August 18, 2017 8:35 PM To: jeffrey E. Subject: RE: REIT Operating Units Jeffrey- As discussed, please call me on Monday once you determine that the client is comfortable with disclosing

To: Jaeger, Bruce (New York 3 Bryant) Subject: Re: REIT Operating Units tell me the structure ? On Tue, Aug 8, 2017 at 9:39 AM, Jaeger, Bruce < Jeffrey, <mailto > wrote: Good catching up this am. I did a little due diligence and we DO structure loan facilities against REIT Operating Units out of

. the holder will geta capital gain? On Tue, Aug 8, 2017 at 2:51 PM, Jaeger, Bruce < For Information & Discussion Purposes Only <mailto > wrote: Stifel Bank & Trust has issued non-purpose loan(s) using Convertible REIT Operating Units as collateral. The Client, Bank and REIT were subject to a Tri-party collatera