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Global Investments & Capital, Inc.
4655 Natick Avenue, Suite 1, Sherman Oaks, CA 91403
Phone +310-678-6510 FAX +310-868-2515
July 18, 2011
LETTER OF INTENT TO PURCHASE PROPERTY
TO: Asset Owner or Asset Manager
FROM: Leon Katz, President of Commercial Brokers, Inc.
Property: Multi Family and Retail Center Property Assets.
Dear Asset Owner or Manager:
The following Letter of Intent (“LOI”) represents the terms and conditions under which we would be interested in entering into a Purchase and Sale Agreement and Joint Escrow Instructions Contract (“Contract”) with the Seller: Global Investments & Capital, Inc. (GICI) and its investors, funds and affiliates focus on opportunistic acquisition of commercial properties and notes. Our typical sellers include Banks, REO Property Owners, Stressed Owners or Off Market Sellers.
We are experienced business investors with the ability, cash, credit and resources to close on transactions quickly. We have had many successful purchases in the past 12 months and plan to purchase over One Billion in new properties in the next 12 months.
1. Buyer: GICI & its Investors, Trust Funds and Affiliates
2. Property Types & Locations:
Over 20 units in California, Over 100 units in Nevada, Arizona, Washington, Oregon, Colorado (California is first priority)
Shopping Centers California, Las Vegas, Phoenix, over 25,000 sq.ft. (No enclosed Malls)
Industrial (Multi Tenant) Southern California
4. Purchase Price: Negotiable
5. Purchase Terms: All cash to Seller at the close of escrow. Buyer will consider new loan financing from seller’s institution.
Contact: Leon Katz 310-678-6510 or email at email@example.com