From: Stewart 0ldfield Sent: 8 22 2016 3:32:20 PM To: CC: Bruce McDermott ; Adrienne Coyle ; Ali Baig Subject: Hospital private REIT equity raise Brad, We are working on a direct $300mm+ private equity raise for a new hospital REIT. Have had good traction with a group of potential lead investors and are starting to show it to other clients with real estate experience who could be interested. We will send you a teaser and an NDA which will allow us to share more complete info if you are interested. Looking forward to catching up soon. Thanks, Stew Stewart Oldfield, CFA, CAIA Director Deutsche Bark Trust Company Americas Deutsche Bank Wealth Management New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073830 CONFIDENTIAL SDNY_GM_00220014 EFTA01377205