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INVESTMENT OPPORTUNITY

TRADITIONS AT PALM AIRE


The following information is an investment summary provided to prospective investors and others. This information is not an offering to sell either a security or a

solicitation to sell a security. At the request of a recipient, the Company will provide a private placement memorandum, subscription agreement and the Limited

Liability Company Operating Agreement. Blue Lake in no way guarantees the projections contained herein. Real estate values, income, expenses and development

costs are all affected by a multitude of forces outside the the Company’s control. This investment is illiquid and only those persons that are able and willing to risk

their entire investment should participate. Please consult your attorney, CPA and/or professional financial advisor regarding the suitability of an investment by you.

2


TABLE OF CONTENTS

Investment Summary . . . . . . . . . . . . .. . . . . .01

Investment Highlights..................19

Property Overview.................35

Financial Analysis. . . . . . . . . . . . . . 43

Market Overview............. 59

Management Team........ 59

Contact Info............ 59

Glossary.......... 59


INVESTMENT

SUMMARY


INVESTMENT SUMMARY

ING

Blue Lake Capital has identified Traditions at Palm Aire, a 248-unit multi-family property located in 8445 Garden Circle,

Sarasota, FL 34243 for acquisition (“Property”). Blue Lake Capital is extending Investors the opportunity to invest in a BLC

Tradition Investors LLC, an entity that has been created to acquire the fee simple interest of the Property.

The Property is a 1991 institutional-quality asset that enjoys an exceptional A location, newly-renovated amenities, and an

interior renovation opportunity. The business plan is to renovate and modernize the unit interiors and common areas in

order to better compete with high-end luxury product while increasing rental rates and mitigating risk by pursuing a lowleveraged

agency loan of 65% LTV while capitalizing on today’s disproportionately low interest rates.

This private investment will be structured to be a turn-key solution for our investors and give them the opportunity to

participate in real estate partnerships. Cash flow distribution will be available monthly from rental and other operation

incomes of the Property to the extent after expenses, working capital reserves have been allocated. Our investors will

receive the cash distribution first. Blue Lake will be paid after an 8% annualized cash return are distributed to our

investors.

Property Information

Purchase Price $48,856,000

Units 248

Year Built 1991

Occupancy 94%

Hold Period

5 years

Investor Returns

Equity Multiple 1.78X

Average Annual Return* 25%

Cash on Cash** 7%

Internal Rate of Return (IRR) 16%

* includes proceeds from sale ** excludes proceeds from sale

The plan is to hold the Property for 5 years to maximize growth in equity value from operating income. Alternatively, Blue

Lake may refinance the acquisition debt in order to return most investor equity while continuing to realize returns over 8%.

The increase to the net operating income is anticipated to come from rent premiums from an interior renovation program

that has already been initiated by the current owner. Built in 1991, the Property benefits from quality construction and an

appealing amenity program that will help produce long-term sustainable leasing momentum.


WHY INVEST IN THIS DEAL?

OFF-MARKET DEAL BASED ON PRIOR RELATIONSHIPS

Even though Blue Lake was NOT the highest bidder on the property, it was awarded to us at price

lower by $744,000 than asking price, based on Ellie Perlman – Blue Lake’s ECO and founder’s,

prior relationship with the broker.

STRONG A+ LOCATION

Tradition at Palm Aire is located in the highly desirable, affluent submarket of Sarasota submarket

where rent growth in the past 12 months was 5.5%, and is expected to be 5.1% in 2020,

outperforming Tampa as a whole of 2.9%. Additionally, the property is strategically located only 3

miles from the Mall at University Town Center, a world-class fashion and dining destination that

features approximately 880,000 square feet of retail stores and restaurants. In addition, Tradition

at Palm Aire is located a few miles from the i-75 road, allowing quick access to jobs, restaurants,

retail and the Nathan Benderson Park.

TRUE VALUE ADD OPPORTUNITY

Tradition at palm Aire is a very well maintained property with a substantial value-add component.

Though the asset is of institutional quality and built in 1991, interiors finish-outs are more closely

comparable to an early 200’s year of construction; 88% of units are classic and many still have

white appliances without a microwave, old fixtures, dated countertops, and carpet throughout

the unit. Blue Lake will install modern apartment unit finishes such as stainless steel appliances,

vinyl plan flooring, new lighting and hardware, microwave, etc.

PROVEN TRACK RECORD

Together with our strategic partners, Blue Lake Capital owns over 2,000 units across the U.S. and

has successfully implemented value-add strategy throughout the Southeast. The Blue Lake team

has diverse background in multifamily acquisitions, lending, asset management, and value-add

execution.

SOLID RETURNS & COMMITMENT TO OUR INVESTORS

Investors will receive 7% Preferred Return. Thereafter, proceeds shall be split 75% to Investors

and 25% to the Managers.

We are projecting 7% Cash on Cash Returns (5 Year Average). Distributions will be paid monthly.

Blue Lake provides transparency and fully auditable operations.

CONSERVATOVE UNDERWRITING AND LOW RISK FINANCING: Blue Lake will secure a low

leveraged agency loan of 65% LTV with a fixed interest rate of approximately 3.6% with 5 full

years of interest only payments. This fixed-rate loan tremendously lowers the risk of interest rate

rise. Blue Lake Capital is raising $23M in funding for capital improvements and for contingency

and unexpected repairs.

EXIT STRATEGY: Blue Lake plans to hold the property for 5 years, and then to sell it to an

institutional buyer. Blue Lake will also examine refinancing prior to selling the property, as long as

it attainable. This is a conservative deal. We underwritten the deal at 50 basis points higher cap

rate at exit, to account for market fluctuations.


INVESTMENT

HIGHLIGHTS


INVESTMENT HIGHLIGHTTS

1

UNIT RENOVATION

Blue Lake plans to complete interior renovations for an expected budget of

$7,000 per unit. This will yield a premium of $150 per month rent for each

renovated unit. In addition, Blue Lake will add 74 Tech Packages s and charge $50

premium per unit.

5

LOW RISK LOAN

Blue Lake Capital will place a new fixed-rate loan with a 10 year term with a

conservative 65% LTV. The loan’s rate will be approximately 3.6% and will

carry 60 months of interest only payments and amortizes based on a 30 year

period.

2

EXTERIOR RENOVATION

The exterior at Tradition at Palm Aire requires only cosmetic touch-ups, such as

restriping the parking lot and renovate the Dog Park.

6

EXIT STRATEGY

Blue Lake Capital will seek to sell the properties in approximately 5 years to

an institutional buyer.

ENHANCE PROPERTY APPEAL

3

Blue Lake will improve the property’s appeal by cleaning the parking lot,

enhancement of the green areas and renovating the second floor in the clubhouse.

In addition, Blue Lake will rebrand the property.

Debt Financing*

Principal Balance $31,756,400

4

ADDITIONAL INCOME CREATION

• Pet Yards: many tenants own pets, and the demand for pet yards is high. Blue

Lake will build pet yards for first floor units and charge premium for it.

• RUBS (Ratio-Utility-Billback-System): Blue Lake will increase RUBS from 46% to

70% to match market standard.

• Smart Homes: Blue Lake will implement a smart home program (Nest) in all

units for a monthly premium of $50.

Loan to Purchase Price 65%

Interest Rate 3.6%

Fixed or Adjustable

Interest Only

Term

Fixed

60 months

10 years

Amortizing Period (Years) 30

• Valet Trash: Blue Lake will increase the valet trash fee to match comps fee.

* Subject to final lender approval


STRONG VALUE ADD POTENTIAL

Blue Lake

Renovation

Tradition at Palm Aire’s is well positioned for an implementation of a value-add

program to increase rents, since 88% of the units have not been renovated

and is subject to Blue Lake’s renovation program. On-going renovations in

comparable properties are achieving rental premiums of $150+ higher than

Tradition at Palm Aire. This proves the market is willing to pay a premium,

and that there is significant room for growth, both of which mitigate risk for

investors.

Current Unit

UPGRADES

$150

Avg. Premiums

• Granite countertops

• Stainless steel Appliances

• Modern interior color scheme

• Upgraded Fixtures & Hardware

• Painted Cabinet Doors

• Luxury Vinyl Plank Flooring

PET YARDS AND SMART HOME PACKAGES OFFER

IMMEDIATE UPSIDE

Blue Lake plans to add several revenue generating amenities:

1. Pet Yards to select units (1 st floor)

2. Smart Home Packages

3. Match fees to market, such as Valet Trash and Loft Fees.

These opportunities creating nearly $75,000 in additional annual

revenue per year.


CAPITAL EXPENDITURE BUDGET

Capital Expenditure Budget

Interior Rehab Total/Unit Total

Stainless Steel Appliances $1,750 $423,500

Paint Cabinets Doors and Granit Countertop $2,950 $728,650

Modern Fixture and Hardware Package $500 $92,500

Vinyl Wood Plank Flooring $1,250 $211,250

Microwave $250 $60,500

Smart Home Packages (74 units) $200 $14,800

Total Interior Rehab/Unit $6,956 $1,531,200

Exterior Rehab

Total

Rebranding $10,000

Dog Park $15,000

Landscaping $15,000

Roof Maintenance $220,000

Restriping Parking Lot $10,000

Pet Yards (50) $45,000

Total Exterior Rehab $315,000

Misc and Contingency (for interior or exterior renovations) $190,100

Total CapEx Budget $2,036,300


PROPERTY

OVERVIEW


COMMUNITY

AMENITIES

•Clubhouse/Leasing

Center with Cyber

Cafe

•24 Hour Fitness

Center

•Laundry Facility

•Playground

•Sports Court

•Heated Lap Pool

•Hot Tub

•Dog Park

•Tennis Court

•Car Care Center

•Two Beautiful Lakes

•Rocking Chair

Porches


UNIT FEATURES

•White Appliances

•Air Conditioner

•Dishwasher

•Efficient Appliances

•Lake Views

•Lanais

•Large Closets

•Refrigerator

•Vinyl Plank Flooring*

•Washer/Dryer

•Stainless Steel appliances*

* Select Units


UNIT MIX & FEATURES

Unit Mix & Current Market Rents

Units Unit Type Size (SF) Market Rent Effective Rent

Effective

Rent/SF

16 1BR 638 $0 $1,176 $1.84

16 1BR 709 $0 $1,150 $1.62

24 1BR 747 $0 $1,179 $1.58

24 1BR 834 $0 $1,233 $1.48

64 2BR 1,029 $0 $1,363 $1.32

64 2BR 1,132 $0 $1,366 $1.21

8 2BR 1,276 $0 $1,456 $1.14

32 3BR 1,254 $0 $1,518 $1.21

248 Total/Averages 1,001 $861 $1,331 $1.33

Unit Mix

UNIT MIX SUMMARY

Unit F inish N o. of Size In-place Mark et

Type Level

55%

13%

32%

1 Bedroom

2 Bedrooms

3 Bedrooms


FLOOR PLAN

1 BR/1 BA, 649 Sq Ft 1 BR/1 BA, 697 Sq Ft

1 BR/1 BA, 766 Sq Ft

1 BR/1 BA, 790 Sq Ft

2 BR/2 BA, 1,032 Sq Ft 2 BR/2 BA, 1,151 Sq Ft 3 BR/2 BA, 1,147 Sq Ft 3 BR/2 BA, 1,324 Sq Ft


FINANCIAL

ANALYSIS


PRO FORMA

Year 1 Year 2 Year 3 Year 4

May 2021 May 2022 May 2023 May 2024

REVENUE % Per Unit

Gross Potential Rental Revenue $4,540,731 100.00% 18,309 4,874,781 5,166,643 5,348,932

Vacancy (319,238) 7.03% (1,287) (308,436) (308,436) (308,436)

Loss to Lease (136,222) 3.00% (549) (73,122) - -

Concessions - 0.00% - - - -

Bad Debt (18,163) 0.40% (73) (19,499) (20,667) (21,396)

Model Unit (18,468) 0.41% (74) (18,468) (18,468) (18,468)

Employee Unit - 0.00% - - - -

Other Loss - 0.00% - - - -

Effective Rental Income 4,048,640 89.16% 16,325 4,455,256 4,819,073 5,000,633

OTHER INCOME

Other Income 177,441 3.91% $715 246,008 265,288 275,900

Utility Reimbursements (RUBS) 230,580 5.08% $930 230,580 239,808 249,396

Total Other Income 399,153 8.79% $1,609 476,588 505,096 525,296

Effective Gross Income 4,447,793 98.0% 17,935 4,931,844 5,324,169 5,525,929

EXPENSES FCM % Per Unit

Payroll (334,800) 7.53% 1,350 (338,416) (345,184) (352,088)

Repairs and Maintenance (192,200) 4.32% 775 (194,276) (198,161) (202,125)

Contract Services - 0.00% - - - -

Turnover (93,000) 2.09% 375 (94,004) (95,885) (97,802)

Utilities (229,400) 5.16% 925 (231,878) (236,515) (241,246)

General/Admin (62,000) 1.39% 250 (62,670) (63,923) (65,201)

Marketing (45,880) 1.03% 185 (46,376) (47,303) (48,249)

Insurance (147,776) 3.32% 596 (149,372) (152,360) (155,407)

Franchise Tax - 0.00% - - - -

Other - 0.00% - - - -

Real Estate Taxes (604,095) 13.58% 2,436 (739,473) (770,143) (802,010)

Property Management Fee (133,434) 3.00% 538 (147,955) (159,725) (165,778)

Total Expenses (1,842,584) 41.43% 7,430 (2,004,419) (2,069,199) (2,129,906)

Net Operating Income 2,553,951 57.4% 10,298 2,927,425 3,254,970 3,396,023


PROJECTED RETURNS

Equity Structure

Preferred Return 7%

Equity Split from Cash Flow

Investors 75%

Blue Lake Capital 25%

Ownership Structure

Up to 16% IRR 75%-25%

Above to 16% IRR 75%-25%

Investor Returns Based on $1,000,000Investment

Investment Year 1 Year 2 Year 3 Year 4

Investor Annual Percent Return 4.94% 6.65% 8.16% 8.55%

Investor Return from Operations ($1,000,000) $49,379 $66,517 $81,584 $85,501

Investor Return from Sale $1,493,442

Investors will receive the cash distributions first. Blue Lake will be paid after an 8% annualized cash

return are distributed to our Investors.

Investor Returns

Equity Multiple 1.78X

Average Annual Return* 25%

Cash on Cash** 7%

Internal Rate of Return (IRR) 16%

* includes proceeds from sale ** excludes proceeds from sale


MANAGEMENT

TEAM


MANAGEMENT TEAM

Blue Lake Capital specializes in buying value-add apartment communities and apply a comprehensive

plan to increase profitability. The Company has focus across strong markets such as Texas and Florida.

Blue Lake Capital is a results-oriented company that has in-depth experience from beginning to end in

all aspects of real estate, such as uncovering off-market opportunities, identifying and implementing

unique investment strategies, financial analysis, value enhancement, property management, debt and

equity financing, cash flow optimization and value growth.

ELLIE PERLMAN, CEO & FOUNDER

The founder of Blue Lake Capital, Ellie Perlman, has over 10 years of experience in real estate investment, law,

and property management. Ellie started her career in Israel as a commercial real estate lawyer, leading

commercial real estate transactions for Israel’s largest development company. Later, as a property manager

for one of Israel's most prominent oil and gas companies, she oversaw properties worth over $100M.

Ellie owns, along with her partner, both passively and actively over 2,000 units across the U.S. worth over

$250M.

Ellie is a Forbes author on real estate investing, the host of the podcast “REady2Scale” and an avid real estate

investing blogger at www.ellieperlman.com.

Ellie holds an MBA from MIT Sloan School of Management Bachelor's and Masters in Law from Bar-Ilan

University in Israel.


MANAGEMENT TEAM

Blue Lake Capital specializes in buying value-add apartment communities and apply a comprehensive

plan to increase profitability. The Company has focus across strong markets such as Texas and Florida.

Blue Lake Capital is a results-oriented company that has in-depth experience from beginning to end in

all aspects of real estate, such as uncovering off-market opportunities, identifying and implementing

unique investment strategies, financial analysis, value enhancement, property management, debt and

equity financing, cash flow optimization and value growth.

JOHN HARRISON, ACQUISITIONS MANAGER

As Manager of Acquisitions for Blue Lake Capital, John is responsible for the company’s acquisitions and asset

management. He is Level 3 CFA candidate who has developed a passion for multifamily investing.

Professionally, John strives to execute transactions in order to exploit the risk-adjusted return potential and

diversification benefits of various arbitrage strategies prevalent in the multifamily apartment sector. Prior to

Blue Lake, John worked as a multifamily debt underwriter with Arbor Realty Trust, a nationally recognized

multifamily GSE financing firm.

Academically, John has spent over 3 years in pursuit of the Chartered Financial Analyst® designation and holds

a Bachelor's Degree in Business Administration with a dual concentration in Finance & Economics from Babson

College. During his time at Babson, John was also a member of the Men's NCAA Division III Lacrosse Program.


MANAGEMENT TEAM

Blue Lake Capital specializes in buying value-add apartment communities and apply a comprehensive

plan to increase profitability. The Company has focus across strong markets such as Texas and Florida.

Blue Lake Capital is a results-oriented company that has in-depth experience from beginning to end in

all aspects of real estate, such as uncovering off-market opportunities, identifying and implementing

unique investment strategies, financial analysis, value enhancement, property management, debt and

equity financing, cash flow optimization and value growth.

JEANNETTE ROBINSON, DIRECTOR - INVESTOR RELATIONS

As the Director of Investor Relations, Jeannette Robinson is responsible for facilitating the company’s strategy,

growth opportunities, and business initiatives with Blue Lake Capital’s investor community. She manages

consistent communications and provides support and oversight with all investor relations.

Prior to joining Blue Lake, Jeannette worked as Chief Relationship Officer for a technology-based company

focused on providing support to the veteran community. Jeannette has more than 20 years’ experience in

volunteering and working with non-profits, where she specialized in donors relations. She has received

numerous awards and honors for leadership, most recently named “Woman of the Year” by Operation Supply

Drop for her work and service to the veteran community.

Jeannette received her BAAS from Howard Payne University, and spends her free time serving as a passionate

advocate for children with disabilities.


MANAGEMENT TEAM

Blue Lake Capital specializes in buying value-add apartment communities and apply a comprehensive

plan to increase profitability. The Company has focus across strong markets such as Texas and Florida.

Blue Lake Capital is a results-oriented company that has in-depth experience from beginning to end in

all aspects of real estate, such as uncovering off-market opportunities, identifying and implementing

unique investment strategies, financial analysis, value enhancement, property management, debt and

equity financing, cash flow optimization and value growth.

JEN BELUCCI, MARKETING MANAGER

Jen leads the marketing arm of Blue Lake Capital, and communicates the company’s mission and vision across

all social media platforms. She develops and executes marketing campaigns and responsible for expanding

Blue Lake’s brand by applying various marketing methods and data analytics tools.

Jen brings a solid and diverse background in social media marketing, campaign management and online

communications. She received a Bachelor’s in Science and Master’s in Art from the University of

Massachusetts.


MANAGEMENT TEAM

FIRST COMMUNITIES - PROPERTY MANAGEMENT COMPANY

First Communities Management (FCM) is one of the nation’s most successful apartment management companies. Founded in 1978, FCM has managed over 200,000

units and 1,000 communities, worth over $1B in assets. First Communities market reach has grown to include some of the industry’s most exciting submarkets

including Texas, Florida, Georgia, Washington, DC, South Carolina, and more.

First Communities diverse client family includes national banks, insurance and pension funds, syndicators, individual investors, HUD, FDIC, Freddie Mac, and Fannie

Mae. They are widely recognized as a market leader in the property management of Class A, B, C and Tax Credit communities. They are experienced managers in both

core, core-plus and value add multifamily properties.

The company maximizes growth in Net Operating Income through occupancy gains, elimination of concessions, improving resident retention rates and being vigilant

with rental rates. They are experts in implementing value add plans in class B/C multifamily properties across the U.S.


GLOSSARY

Accredited Investor – An investor who has net worth requirements and/or income requirements set forth by the SEC, and has knowledge and/or

experience in financing and business matters and are capable of evaluating the merits and risks of the prospective investments

Sophisticated Investor – A person that does not meet accredited investor requirements however has knowledge and experience in financing and

business matters and is capable of evaluating the merits and risks of the prospective investments.

Capitalization Rate (Cap Rate) – A rate of return on a real estate investment property based on the expected income that the property will generate.

Cap Rate is calculated by dividing the income the property will generate (after expenses) by the value of the property. The higher the Cap Rate, the

lower the property value (price), and the lower the Cap Rate, the higher the property value is.

Cash Flow – Cash generated from the operations of a company, and defined as revenue minus expenses and debt payment.

Cash on Cash – An annual return on investor’s investment. Cash on Cash return is calculated: Annual Cash Flow / Initial Investment

Debt Service Coverage Ratio (DSCR) – The multiples of cash flow available to meet annual interest and principal payments on debt . This ratio should

ideally be over 1. That would mean the property is generating enough income to pay its debt obligations.

Internal Rate of Return (IRR) - The rate of return that would make the present value of future cash flows plus the final market value of an investment

opportunity equal the current market price of the investment or opportunity. The higher a project's internal rate of return, the more desirable it is to

undertake the project.

Return on Equity (ROE) – The amount of net income returned as a percentage of shareholders equity. ROE is expressed as a percentage and

calculated as: Net Income / Shareholder's Equity


This document is confidential and may not be reproduced or redistributed. The information presented herein has been prepared for informational purposes only and is not an offer to buy or sell, or a solicitation of an offer

to buy or sell any security or fund interest or any financial instrument and is not to be considered investment advice. This presentation is for institutional use only and is not to be distributed to any party other than its

intended recipient.

The following materials present information regarding a proposed creation of a special purpose vehicle (the "Issuer") which would offer securities (the “Securities”) to finance its acquisition of a portfolio of financial assets to

be selected and managed by the portfolio manager referred to herein (the "Manager"). These materials have been prepared to provide preliminary information about the Issuer and the transactions described herein to a

limited number of potential underwriters of the Securities for the sole purpose of assisting them to determine whether they have an interest in underwriting the Securities.

The views and opinions expressed in this presentation are those of Blue Lake Capital LLC (“Blue Lake Capital” or “Company”) and are subject to change based on market and other conditions. Although the information

presented herein has been obtained from and is based upon sources Blue Lake Capital believes to be reliable, no representation or warranty, expressed or implied, is made as to the accuracy or completeness of that

information. No assurance can be given that the investment objectives described herein will be achieved. Reliance upon information in this material is at the sole discretion of the reader.

This data is for illustrative purposes only. Past performance of indices of asset classes does not represent actual returns or volatility of actual accounts or investment managers, and should not be viewed as indicative of

future results. The investments discussed may fluctuate in price or value. Investors may get back less than they invested.

Forward-looking information contained in these materials is subject to certain inherent limitations. Such information is information that is not purely historical in nature and may include, among other things, expected

structural features, anticipated ratings, proposed or target portfolio composition, proposed diversification or sector investment, specific investment strategies and forecasts of future market or economic conditions. The

forward-looking information contained herein is based upon certain assumptions, which are unlikely to be consistent with, and may differ materially from, actual events and conditions. In addition, not all relevant events or

conditions may have been considered in developing such assumptions. Accordingly, actual results will vary and the variations may be material. Prospective investors should understand such assumptions and evaluate

whether they are appropriate for their purposes. These materials may also contain historical market data; however, historical market trends are not reliable indicators of future market behavior.

Information in these materials about the Manager, its affiliates and their personnel and affiliates and the historical performance of portfolios it has managed has been supplied by the Manager to provide prospective

investors with information as to its general portfolio management experience and may not be viewed as a promise or indicator of the Issuer's future results. Such information and its limitations are discussed further in the

sections of these materials in which such information is presented.

Past performance of indices or asset classes does not represent actual returns or volatility of actual accounts or investment managers and should not be viewed as indicative of future results. The comparisons herein of the

performances of the market indicators, benchmarks or indices may not be meaningful since the constitution and risks associated with each market indicator, benchmark, or index may be significantly different. Accordingly,

no representation or warranty is made to the sufficiency, relevance, important, appropriateness, completeness, or comprehensiveness of the market data, information, or summaries contained herein for any specific

purpose.

Past performance is not indicative of comparable future results. Given the inherent volatility of the securities markets, it should not be assumed that investors will experience returns comparable to those shown here.

Market and economic conditions may change in the future producing materially different results than those shown here. All investments have inherent risks.

Blue Lake Capital LLC. All Rights Reserved. No part of this document may be reproduced, stored, or transmitted by any means with the express written consent of Blue Lake Capital.


CONTACT INFORMATION

BLUE LAKE CAPITAL

ELLIE PERLMAN

CEO & FOUNDER

+1 401 477 9804

ellie@bluelake-capital.com

JEANNETTE ROBINSON

DIRECTOR, INVESTOR RELATIONS

+1 210 740 5431

jeannette@bluelake-capital.com

312 Arizona Ave, Santa Monica,

CA 90401

PHONE: +1 323 283 9846

FAX: +1 419 931 1398

www.ellieperlman.com

www.bluelake-capital.com


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