CRITICAL PATH TIMELINE 2015

Critical Path Timeline Demand Timely Executions

Review of NNN List 8/1/15

9/1/15

10/1/15

11/1/15

NNN List Submissions and Review 7/27

1st LOI Execution 8/01

PSA Execution 8/10-15

Deposit 8/17

Due Diligence Materials Received 8/17-19

Due Diligence Period 8/17

9/06

Second Deposit and DD Waived 9/06

Mortgage Application and Submissions to Lender 9/07

Loan Approval and Full Funding 9/07

COE

10/14 11/6 +/-

We are witnessing a real estate bubble in the last 120 days. The reasons are two: “bid/ask spreads” are closing dramatically for buyer; sellers; and “yield spreads”. The limited inventory of NNN and historically low debt rates contribute significantly. The ability of investors to secure a relatively predictable income streams more effective that T-Bills or Bonds by acquiring net leased assets with absolute net (NNN) Leases have caught the attention of both private and institutional investors. For two years cap rates were compressing and pricing was being re-calculated by both buyers and sellers moving toward the 5-6%+ cap range. Cap rates have compressed in the last six months between 10-25 basis points. There are effectively daily auctions in the net lease niche of the real estate market. We can add value. Save time + money!!! Our 70,000+ database affords Clients access to the “Best-of-Breed NNN properties” on and off market for timely end-of-the-year tax planning and estate planning decisions. Time is of the essence to complete 2015 transactions with the threat of IRC 1031 provisions being revised in 2016-2017.

BRC | The O’Shea Net Lease Advisory | 700 S Flower St #2650, Los Angeles, CA 90017