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Professor Massey, I appreciate your patience with my schedule. Our proposal involves acquiring and redeveloping Georgian Woods Apartments in Midtown. This opportunity allows you to capitalize on Memphis's real estate market, be a leader in multi-family development, and provide a unique product in a prime location. With a $3 million equity investment, we project a 45% return and a $10.6 million net present value over five years. Midtown Memphis reflects a national trend of urban core revitalization, following downtown Memphis's successful redevelopment in the late 90s and early 2000s.