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Mollie Means <br />Senior Vice President <br />CBRE,Inc. <br />Capital Markets <br />Debt & Structured Finance | Multifamily & Healthcare <br />COMMERCIAL REAL ESTATE SERVICES <br />1420 5th Avenue, Suite 1700 <br />Seattle, WA 98101 <br />+1 206 830 6496 Tel <br />+1 206 292 6033 Fax <br />+1 206 953 8363 Cell <br />mollie.means@cbre.com <br />www.cbre.com/fha <br />June 6, 2018 <br /> <br />Urban Renewal Agency of the City of Eugene, Oregon <br />Attention: Ms. Amanda D’Souza <br />99 West 10th Avenue <br />Eugene, OR 97401 <br />Amanda.m.dsouza@ci.eugene.or.us <br /> <br /> <br />RE: Mr. Dean Pape <br /> <br />Dear Ms. D’Souza, <br /> <br />CBRE closed an FHA insured 221(d)4 construction/ term loan with Mr. Pape in 2017 for the construction <br />of an 81-unit, Class A apartment property with a mix of studios, one-bedroom and two-bedroom loft <br />units in Boise, Idaho. The complex project also contains 2,758 SF of retail space and a park for public <br />use. The property is currently under construction, with completion anticipated in October 2018. <br /> <br />The project required patience and persistence to negotiate the complexities of providing public space <br />in a private, market rate property. Mr. Pape successfully brought all parties together to close the very <br />complex, non-recourse loan. <br /> <br />We look forward to working with Mr. Pape on his future developments. <br /> <br /> <br />Sincerely, <br /> Mollie Means, SVP <br />EVIDENCE OF QUALIFICATIONS <br />9 APRIL 2019 | PAGE 25 <br />CITY OF EUGENE | STEAM PLANT REDEVELOPMENT DESIGN PROPOSAL <br />EXHIBITS <br />Ap <br />r <br />i <br />l <br /> <br />24 <br />, <br /> <br />20 <br />1 <br />9 <br />, <br /> <br />Wo <br />r <br />k <br /> <br />Se <br />s <br />s <br />i <br />o <br />n <br /> <br />- <br />It <br />e <br />m <br /> <br />1