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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00831506: Joi Ito and Asset (DS9)

CorrespondenceDate unavailableEFTA008315061 keyword hits
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This document contains email correspondence dated March 18, 2016, between Joi Ito regarding a Buhl Office Building investment asset. The email discusses detailed information about the asset, criticizes brokers' limited understanding of asset management and local market conditions, and notes that ten-year projections in the offering memorandum lack credibility. Joi Ito declines involvement in the real estate investment.

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It contains a great amount of detailed information on the **asset**.
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As an aside, the brokers who put the package together had a very limited understanding of the manner in which the **asset** needs to be managed (or, being
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from Chicago, of the **asset** itself or the local market), and so their ten year projections in the OM make absolutely no sense.

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