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4. What is the Return on Equity Invested that you or investors need to make the <br /> • project feasible? • <br /> The rate of return on equity to make real estate projects such as the senior housing and <br /> office market feasible is at least 10%. This is similar to what a REIT or pension fund <br /> would be paying for fully constructed and leased projects. <br /> 5. If Rental Space, What is the Range of Targeted Rental Rates <br /> The specific targeted rental rates are $620 for one bedrooms and $750 for two bedrooms. <br /> The office rentals are from $10 to $12 per square foot net rents plus common area <br /> changes. <br /> 6. If Rental Space, Who are the tenants and what is the ledLgth of their leases. <br /> On the Senior Housing project, the tenants are persons 55 years and older with leases of at <br /> least six (6) month lease terms. With respect to-the office project, the perspective tenants <br /> are professional service firms, real estate companies and other Class B office profile <br /> tenants pursuant to leases of preferably ten (10) years by a minimum of at least five (5) <br /> terms. <br /> MPL1:220279-1 <br />