Re: CAP

From:ntanden@americanprogress.org To: john.podesta@gmail.com Date: 2015-07-02 17:14 Subject: Re: CAP

we would not have as good a location with this scenario; that seems impossible. But something to noodle over. ________________________________ I'm happy to meet w/ him, but we got that guy Johnny Boland to rep us. But again, happy to connect for future. One thing I've been thinking is wouldn't it make sense to use like half of our reserves to pay a downpayment on a building, if the mortgage is substantially lower than rent? This money is accruing with little benefit; real estate is going up a lot more than interest. I don't know if the board would let us take that risk (we'd have obviously a lot less reserves), but it seems like a better use of resources. What do you think? ________________________________ Chris is a good guy and a friend. Married to Katie Jacks who I think you know from Hillaryland. Want to talk to him? ---------- Forwarded message ---------- John and Mary: I hope you and the whole clan are doing well. I thought of you last night as Katie and I were at the home of Lee Satterfield and Patrick Steel for a fundraiser for Hillary. I wanted to reach out to you regarding CAP. My business partner, Doug Damron, was part of the team that represented CAP in its most recent office lease transaction in 2010. He worked closely with Sarah Wartell and Kaliope Poulianos. Also I understand that there were serious conversations about buying a building as well as leasing at that time. The current lease expiration is 3/31/2021 (into Hillary's 2nd Presidential term!) and while that is several years away it may make sense for us to get re-engaged to do a strategic real estate plan for CAP - especially if building ownership is something that is to be considered. Given the administrative changes at CAP with Sarah Wartell and Kaliope Poulianos no longer with the organization, we no longer have the appropriate contacts to keep CAP informed on the real estate market. Any help in reaching out to the powers that be would be greatly appreciated. We want to continue to count CAP as a client and be a resource for them at all times. I wish you a happy and safe 4th of July! Best, Chris Christopher Lucey Managing Director [http://www.ngkf.com/redline.gif] Newmark Grubb Knight Frank 1899 Pennsylvania Avenue NW, Suite 300 Washington, D.C. 20006 T 202.312.5471<tel:202.312.5471> M 202.731.6566<tel:202.731.6566> clucey@ngkf.com<mailto:clucey@ngkf.com> [Newmark Grubb Knight Frank]<http://www.ngkf.com/> [Facebook]<http://www.facebook.com/Newmarkkf> [Twitter] <https://twitter.com/ngkf> [LinkedIn] <http://www.linkedin.com/company/newmark-grubb-knight-frank> þ Save a Tree - Think Before You Print. Sustainably Newmark Grubb Knight Frank. NOTICE: This e-mail message and any attachments are intended solely for the use of the intended recipient, and may contain information that is confidential, privileged and exempt from disclosure under applicable law. If you are not the intended recipient, you are not permitted to read, disclose, reproduce, distribute, use or take any action in reliance upon this message and any attachments, and we request that you promptly notify the sender and immediately delete this message and any attachments as well as any copies thereof. Delivery of this message to an unintended recipient is not intended to waive any right or privilege. Newmark Grubb Knight Frank is neither qualified nor authorized to give legal or tax advice, and any such advice should be obtained from an appropriate, qualified professional advisor of your own choosing.