Pitchbook

Designed by Logan Wu

CONTENTS Executive Summary

3

Overview

4

Strategy

5

Property Map

6

Retail Properties

7

102-16 Liberty Avenue

8

1815 86th Street

10

Residential Properties

23

71-48 160th Street

24

84-03 Lander Street

26

Kenilworth Portfolio

28

141-48 84th Drive

30

524 Coney Island Avenue

32

Pipeline Properties

34

Boston Road

35

Linden Boulevard

37

Hospitality Properties

12

Utica Avenue

39

1118 36th Street

13

E New York Avenue #1

41

73 Mother Gaston Boulevard

15

E New York Avenue #2

43

2586 Stillwell Avenue

17

Pitkin Avenue

45

687 3rd Avenue

19

764 4th Avenue

21

Professional Biographies

47

Contact Information

51

EXECUTIVE SUMMARY ww Jonathan Yunason has been actively investing in real estate projects and managing properties in the New York Metropolitan area for 10 years. ww His knowledge and abilities are predominantly in the areas of feasibility analysis, strategic planning, development maximization, asset management, and negotiation. ww These skills have enabled him to continually produce high-quality projects and positive returns for investors. ww Since it was founded, the firm has undertaken 5 hotel projects and 7 residential developments. ww Six of these projects were sold with approved plans before ever bringing a shovel to the ground. ww As a side project, Mr. Yunason founded a construction company and, in only a few years, has built it into a multi-million dollar firm. ww His education includes rigorous programs in real estate development, real estate finance, and hotel operations at New York University.

3

OVERVIEW ww REDA Group was founded in June 2004. ww Based in NYC, REDA Group is a real estate firm whose core business is developing retail and hospitality assets. ww The firm’s expertise lies in site remediation and acquiring undervalued assets. ww The firm has an extended network of companies providing leasing, construction, financial, legal, and property management functions at all times. ww The firm is backed by high net worth individuals from around the globe. ww Currently, REDA Group is building an in-house real estate brokerage leasing team to compliment their retail expansion. ww REDA Group operates at a high standard of professionalism and honesty at all times.

4

STRATEGY ww Perform extensive due diligence and market feasibility analyses on all potential acquisition and development projects. ww Capitalize on underutilized, undervalued properties. ww Devise comprehensive capitalization and exit strategies to maximize value for our partners. ww Minimize risk by employing forward-sale, forward-debt-commitment, and pre-lease strategies. ww Utilize our extensive network to gain access to private, off-market transactions. ww Maintain a high level of integrity and credibility through honest dealings and follow-through.

5

PROPERTY MAP

6

RETAIL PROPERTIES

7

102-16 Liberty Ave Ozone Park, Queens Property Summary Lot Size

9,721 SF

Building Size

7,300 SF

Annual Lease Price

$60,000

Per SF

$8.22

ww The vacant property was leased in May, 2013 ww REDA Group is developing a shopping center that will contain 7 retail stores ww The property is in a prime retail corridor with lots of foot traffic ww Construction is slated to begin in January, 2014 and leasing is currently in progress

8

102-16 Liberty Ave LEASE & CONSTRUCTION

REFINANCE & OPERATION

PROJECTED SALE

5/1/13 – 12/31/13

1/1/15 – 12/31/18

1/1/19

Lease Payment:

$60,000

Year 1 Projected Rent/SF:

$30/SF

Terminal NOI:

$235,700

Attorney’s Fees:

$5,000

Year 1 NOI:

$214,268

Exit Cap. Rate:

8%

Hard Costs:

$1,455,000

Cap. Rate:

8%

Implied Value:

$2,946,244

Soft Costs:

$320,100

Implied Value:

$2,678,344

Cost of Sale (2%):

($58,925)

Mortgage Costs:

$110,371

LTV:

70%

Sale Proceeds:

$2,887,319

Property Taxes & Insurance:

$31,261

Refinance Amount:

$1,874,841

Debt Outstanding:

($1,766,050)

Total Costs:

$1,981,732

Loan Costs:

($74,994)

Equity Proceeds:

$1,121,269

$204.30

Construction Loan Assumption:

($1,374,824)

Refi Equity Cash-Out:

$425,023

Operating Cash Flow:

$367,207

Project IRR:

38%

Net Cash Flow:

$1,306,591

Net Present Value @15%:

$476,116

Payback Period:

3.51 Years

Per SF: Total Equity:

$606,908

Total Debt:

$1,374,824

9

1815 86th Street

Bensonhurst, Brooklyn Property Summary Lot Size

8,221 SF

Building Size

14,680 SF

Annual Lease Price

$145,000

Per SF

$9.88

ww The vacant property was leased in January, 2014 ww REDA Group is developing a shopping center that will contain 8,140 SF of rentable space on the ground floor and 6,540 SF of rentable space for an education facility on the second floor ww The property is located on a corner lot in a prime retail corridor with lots of foot traffic ww Construction is slated to begin in April, 2014 and leasing is currently in progress

10

1815 86th Street LEASE & CONSTRUCTION

REFINANCE & OPERATION

PROJECTED SALE

1/1/14 – 9/31/15

10/1/15 – 9/31/19

10/1/19

Lease Payment:

$145,000

Year 1 Blended Rent/SF:

$41/SF

Terminal NOI:

$461,733

Attorney’s Fees:

$5,000

Year 1 NOI:

$423,516

Exit Cap. Rate:

7.5%

Hard Costs:

$2,202,000

Cap. Rate:

7.5%

Implied Value:

$6,156,437

Soft Costs:

$484,440

Implied Value:

$5,646,880

Cost of Sale (2%):

($123,129)

Mortgage Costs:

$202,782

LTV:

70%

Sale Proceeds:

$6,033,308

Property Taxes & Insurance:

$64,195

Refinance Amount:

$3,952,816

Debt Outstanding:

($3,723,448)

Total Costs:

$3,103,416

Loan Costs:

($158,113)

Equity Proceeds:

$2,309,861

$211.40

Construction Loan Assumption:

($2,128,226)

Refi Equity Cash-Out:

$1,666,477

Operating Cash Flow:

$707,336

Project IRR:

58%

Net Cash Flow:

$3,708,483

Net Present Value @15%:

$1,691,955

Payback Period:

2.75 Years

Per SF: Total Equity:

$975,190

Total Debt:

$2,128,226

11