From Louis Steadwell

From: Louis Steadwell [mailto:magusdc@ix.netcom.com] Sent: Wednesday, September 07, 2005 1:51 PMTo: Cheryl Paul Jones; Christine M. Swearingen; Cleve Harrigan; David Domenici; Greg; Jonathan McClelland; Julia Lara; June Gardner; Leonard Rockett; Linda Hanten; Manuel Gomez; Mark Oliphant; Sandra Rubin; Saskia van Groningen; Soledad Labarca; Sylvia Correa; Tatjana Misulic; Wanda RestoSubject: Update2
 
Ovation Development
 
M E M O R A N D U M
 
September 7, 2005
 
 
To: Friends of the Brexton Hotel
From: Lou Steadwell
Subject: Brexton project update
I spoke with the owner about our request for a study period. He said that he would consider a 30 day period with a 2-week kick-out. He said he would think about it and get back to me. I think that we can complete our due diligence in 30 days if we have to. We're not there yet, but we may be a bit closer.
One of our prospective investors, Luana Lewis found this article in the archives: http://www.citypaper.com/news/story.asp?id=4999
I have found a few other prospect projects in Baltimore, but we'll wait to see where this one goes.
 
 
 
Louis Steadwell
magusdc@ix.netcom.com
Why Wait? Move to EarthLink.