Irwin Katsof, Lady Margaret Thatcher and Tom Brokaw. Former Attorney General of the United States John Ashcroft, Former Prime Minister of Great Britain and Northern Ireland The Right Honorable Sir John Major, KG, CH and Irwin Katsof. Former President Bill Clinton with Irwin Katsof. Michael Douglas, President Mikhail Gorbachev, Raisa Gorbachev and Barbara Walters.
 


DOHENY EASTERN EUROPE COMPANY OVERVIEW

Doheny Eastern Europe (“Doheny”) is a subsidiary of the Doheny Global Group, a diversified financial services company including investment banking, real estate and project finance, project development and asset management. Doheny bridges the gap between Eastern European entrepreneurs in need of capital and western investors seeking to access deal flow in the Former Soviet Union. Based out of Los Angeles, CA, the Doheny team has extensive experience with structuring financial transactions, accessing capital markets, and delivering high quality investment opportunities to investors.

Doheny is establishing a real estate equity fund to pursue commercial real estate development projects in the Former Soviet Union. Funding is expected to be completed by early summer, 2007. Under this fund, Doheny expects to develop $300 million of real estate projects, located in the former Soviet Union. Doheny will serve as the developer and manager of the fund and will work with a team of experienced leading western architects and western general contractors with extensive experience in the FSU that will manage all aspects of building design and construction. Doheny has also developed joint venture alliances with some of the pre-eminent real estate developers in former Soviet Union that will provide land, capital, and valuable experience in local markets.

Doheny will operate a local development office based out of Kiev that will serve as a local nerve center for all development projects. The office will be staffed with a team of western project managers, construction managers, and architects that will coordinate the on-the-ground efforts of the design and construction teams. It is expected that Doheny will also engage world class leading real estate advisory firms to provide consultation on market feasibility, leasing, land use, valuations, etc.

Doheny has held discussions with European banks with experience in Eastern European project finance regarding construction/permanent project loans. These institutions have indicated that based upon the proposed selection of general contractors, architects and transparent operating policies and procedures that Doheny would implement; such loans would be of a western institutional quality. Thus such banks have indicated their desire to originate and syndicate, if necessary, such loans. Due to the institutional nature of the loans, the cost of such financing would be significantly below current rates available within the banking system in countries of the former Soviet Union. The banks’ interest in such loans is based on Doheny’s unique approach to project development, whereby control over all aspects of the project is managed by western companies, using western procedures, standards, and controls.