Blackpoint Development Group

I want to introduce us. We are developers of student housing and other student related facilities. Our Capital Partner is a multi-billion dollar fund devoted exclusively to school related construction. We develop new housing as well as refinance and rehabilitate existing housing, working with the school to plan and develop compatible buildings that meet the ever changing needs of schools in this competitive environment. We bring a team of Nationally known contractors and architects to work with you and local professionals. What makes us unique is our 100% non-recourse financing that gives you back a free and clear building at the end of 30 years, with up to date facilities due to our built in reserve for replacements. • We close 100% cash equity • We fund our acquisitions at the corporate level (like a REIT) • No mortgage recorded or other public document related to the property • No moral obligation claim • We look solely to the project revenues for repayment of its investment with no financial guarantee by the school. • Full exculpatory language will restrict school from making any pro forma payment whatsoever • Our return is derived exclusively from operating revenues . If you are interested in discussing this further, please contact us. Sincerely,