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June 8, 2012 <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />To Whom It May Concern: <br />NEWBANKSO <br />Construction /Property Condition Consultants <br />Professionals Nationwide, Since 1961 <br />- Washington DC Office - <br />905 West r St., #333 <br />Frederick, Maryland 21701 <br />866 - 672 -9087 toll -free <br />www.NewbanksDC.com <br />I first met Bill Prado in 2005 when he was the Owners Representative / Construction Manager <br />for the Continuum II Project in Miami Beach, Florida. Our firm was hired by the lender, Corus <br />Bank, to provide verification for the monthly payment application by the Owner and Contractor. <br />During my monthly inspections for this large project, I noticed Bill's superior experience and <br />professional attitude in keeping the General Contractor on track. The Continuum II Project was <br />completed in early 2008 and it was probably one of the few successful residential projects during <br />a very challenging period in the marketplace. <br />Later, in the summer of 2008, I had the pleasure of working again with Bill Prado on the Arte <br />City Project in Miami Beach, Florida. Corus was again the lender this complex project, and in <br />fact was instrumental in assigning Bill to the development and construction team as a necessary <br />support to Owners of the development. The project was mired in complex circumstances due to <br />the termination of the initial general contractor in March of 2008 for refusal to honor their GMP, <br />as well as a very complex insurance workout related to considerable storm damage to the <br />structure, finishes, and equipment. Bill stepped in as Construction Manager and very ably <br />worked with the all parties to ensure the best possible transition, improve the quality and <br />coordination of the work, resolve the insurance claims, and to maintain the subcontractor's <br />confidence in the project. Bill also managed the successful demobilization of the work when the <br />lender was taken over by the FDIC and funding was stopped. <br />I feel very confident in recommending Bill for any upcoming construction management project <br />and /or construction services. <br />If you have any further questions, please feel free to contact me. <br />Best regards, <br />NEWBANKS, INC./WASHINGTON <br />Erik T. Lewis; AIA, LEED -AP <br />Managing Partner <br />Atlanta - Birmingham - Boston - Dallas - Las Vegas - Orlando - Raleigh - Washington, DC <br />V7 <br />