Program Update:

Gulf Equity Group, Ltd.    

10201 E. Bay Harbor Dr. Suite 7

Bay Harbor, Florida, 33154

Phone: 786-348-0341

geg@gulfequitygroup.com

Gentlemen,

This letter is to introduce ourselves and offer our services when required. Gulf Equity Group, Ltd, a Nassau Bahamas IBC., and member of the CHA that specializes in commercial real estate lending exclusively in the Bahamas, Caribbean, and Central America.  We cater primarily to the Hospitality industry, but also provide funding for other commercial property types such as Condominiums, Timeshares, Apartments, Shopping Centers, Mixed Use, and various other viable projects.

We offer a complete range of products including; Construction, Permanent, Refinance, Remodeling, Conduit, IPO, Mezzanine, Bridge, Leasing, and Equity Placement.  Our relationships with our primary investors are based on our ability to facilitate the funding in a market they would not normally pursue.  In the past, obtaining a commercial real estate loan in the Bahamas, Caribbean, or Central America has been a cumbersome and complicated process. Local banks simply do not have the money available, rates an terms have been much less attractive than for a U.S. property, and International banks have been reluctant.  A resort developer in the Caribbean simply did not have the array of financial recourses to choose from as a developer would have in the United States.  Bridge and Mezzanine loans, or say the funds to develop a gulf course, were basically unavailable. Well now through GEG they are.

The Gulf equity Group, Ltd has assembled a full matrix of loan products that we often combine to structure a financing package that is competitive, workable and closeable.  We know how to overcome the obstacles of offshore lending.  If you should have a project you are considering from, we would like to have the opportunity to discuss it with you.

Please visit our website at: www.gulfequitygroup.com where you will find a description of the programs we offer, a brief online application, and the ability to contact us with any sort of questions you may have.          

I recently attended the CHA / HLTP conference in Puerto Rico in December.  Many respected authorities on the real estate and truism markets in the Caribbean and Central America also attended.  The recent growth and popularity of St Lucia was a popular topic. The consensus was that this market has, and will, continue to see increased interest in tourism from the U.S.A. and other world wide markets.  We would like you to know we stand ready, and capable, of helping appropriate developments satisfy that demand.

I will be attending the American Hotel Lenders (ALIS) conference the third week in January.  Virtually every international commercial lender from all over the world will be there.  If you have a project in the planning, please contact me and I will make a best effort at preparing it for review with appropriate investors while they are all available.

Best regards, and have a great season,

Guy R. Bello

Chief Operating Officer

Gulf Equity Group, Ltd

grb@gulfequitygroup.com

Office Phone: 786-348-0341

Cell Phone: 305-303-3532