Vice President and the Head of Multifamily business at Freddie Mac and Alan Fishman, Chairman of the Board at commercial real estate investment trust Ladder Capital. = Multifamily on solid footing: The panelists view the multifamily market as having a solid foundation with most of the risk lying at the high end,

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d Mitchell - Feldman Subject: Re: Life Hotel - Draft Third Amendment Matt: Yaniv Nakash and Martin Scharf have been working with Loren Biller of Ladder Capital and expect to get a firm loan commitment by tomorrow morning. I understand that this is the same firm that extended financing to David Mitchell.len

Randol h" , J Feldman Subject: Re: Life Hotel - Draft Third Amendment Matt: Yaniv Nakash and Martin Scharf have been working with Loren Biller of Ladder Capital and expect to get a firm loan commitment by tomorrow morning. I understand that this is the same firm that extended financing to David Mitchell.len