Zell Kravinsky’s System for Real Estate Investing

SAAAIDS & TV INDIA

In Proud Association With

CREDIT SUISSE FIRST BOSTON REAL ESTATE FINANCE AND SECURITIZATION GROUP

Present

“ZELL KRAVINSKY’S SYSTEM FOR REAL ESTATE ”

WITH RENOWNED REAL ESTATE MOGUL AND PHILANTHROPIST

DR. ZELL KRAVINSKY

Dr. Kravinsky’s seminar will discuss the system he designed and sharpened in the course of successful investments in commercial real estate investments. Real estate investment professionals and fund managers will find some material familiar and some new and original to Dr. Kravinsky’s work. Individual investors will receive information at a far higher and more profitable level than the slew of “seminars” and books that (at large cost to consumers) have recently commanded half of America to buy trashed houses with little money down and pound away at them, a slow and unspectacular way to get rich. That is street-level painfully managed real estate, and it comes with a thousand headaches and an alarming vulnerability to interest rate rises. This seminar will teach a more abstract, niche investment – a hybrid comprised of real estate and a de facto financial derivative – and forms of business and charitable organization and tax structures that maximize it, and will consider the disadvantages of alternative investments. Dr. Kravinsky will be available at the end of the day, and if necessary, will remain in New York to talk to participants about their individual concerns and, in the case of charities, to discuss possible pro bono contributions of his expertise.

Limited to Only 50 Participants in a Conference Room Setting

Saturday, February 7, 2004
8:30 AM – 5 PM

Credit Suisse First Boston
11 Madison Avenue, at 24th Street, Manhattan, Conference Room EMA 2B Ante Room
6 Train or N/R Train to 23rd Street

All Proceeds Benefit SAAAIDS
Complimentary Breakfast and Afternoon Tea/Coffee Generously Provided by Credit Suisse First Boston
Complimentary Lunch Generously Provided by Café Spice

TICKETS

$200 Until January 7, 2004
$225 January 7, 2004 – February 7, 2004
These are amazing prices, as the regular ticket price for one of Dr. Kravinsky’s seminars is $1,000!

You can purchase tickets online right now using this secure website.

To purchase tickets by phone, please call (212) 352-3101 any day of the week, including weekends, between 10 AM and 6 PM. (Ask for Zell Kravinsky’s System for Real Estate Investing.)

To purchase tickets by check, please contact Asha Olivia, at SAAAIDS, at (646) 729-3962, or Asha@SAAAIDS.org.

After your ticket purchase, you will receive an e-mail confirmation. No tickets will be sent via regular mail. Your name will be held at Credit Suisse First Boston’s Security Desk on Saturday, February 7, 2004. Please attend with valid ID.

SCHEDULE FOR SATURDAY, FEBRUARY 7, 2004

8:30 AM: Continental Breakfast and Introduction to Dr. Kravinsky
9:30 AM: First Module: Forms & Norms/Traditional & Novel Buys, Structures, Debt
12 Noon: Lunch Provided Courtesy of Café Spice
1:00 PM: Second Module: Places & Cases/Acquisition Analysis, Modeling, Risk
3:30 PM: Tea/Coffee Break
4:00 PM: Third Module: Doing Well by Doing Good/ Charitable Methods & Advantages
5:00 PM: Gratis Consultations

REQUEST TO CORPORATIONS FOR MATCHING FUNDS

SAAAIDS is looking for corporations willing to match the proceeds raised from this event, which are expected at $10,000. For corporations up to the challenge, please contact Asha Olivia, at SAAAIDS, at (646) 729-3962, or Asha@SAAAIDS.org. TV INDIA’s V-Desi Television, on WMBC TV (Saturdays at 9 AM in NY/NJ on Time Warner NY’s Channel 63, RCN NY’s Channel 19, Cablevision NY/NJ’s Channel 20) will televise a very special segment on this event. SAAAIDS will ensure your corporate representative is specially interviewed for the show, issue a special press release on your corporate philanthropy to leading publications, post your corporate banner at the event, and thank you both publicly and in print.

ABOUT DR. ZELL KRAVINSKY

Dr. Zell Kravinsky began real estate investing in 1978 at the age of 23 and continued through his twenties while he taught socially and emotionally disturbed ghetto youths. Ten years ago, starting with very little, he plunged into major acquisitions, using a system he designed himself. In the past year, Dr. Kravinsky donated 45 million dollars to charity, mostly to global public health, capping his latest donations with a gift of his kidney to a stranger, an African-American woman, who would otherwise have died of kidney disease. For his charities and his strenuous advocacy of his causes – racial equality in health care, infectious disease prevention and treatment, reform of the organ procurement system, and a broader and more involved sense of charity among all Americans, Dr. Kravinsky has been recognized by many persons and organizations, and is particularly grateful to the Pennsylvania Legislature for passing a special resolution honoring him for his extraordinary compassion and his promulgation of the idea that if the equality of all peoples is to be more than notional, each of us must acknowledge that the needs and wants of a multitude of others are equally worthy of satisfaction as our own.

America’s two most-read publications have described Dr. Kravinsky as an “angel” who is “driven by passions as deep as his pockets” and as the “man with the world’s biggest heart,” while AOL asked its 33 million subscribers to vote on whether or not he is crazy to be so generous. He’s been covered by television, radio, and newspapers all around the world, and was recently featured on The CBS Early Show and Fox’s The O’Reilly Factor – an experience he says he won’t repeat – with three interviews lately on CNN. The Wall Street Journal has reported favorably on Dr. Kravinsky’s business activities as a charitably-minded REIT (Real Estate Investment Trust) pioneer, and later as the leader of a successful fight against corrupt management in another New York Stock Exchange-traded REIT. In three recent articles, The New York Times has developed the theme that he is “philanthropy-obsessed” and possessed of a “benign madness,” nonetheless praising him for his success and his public activities.

Dr. Kravinsky has two PhD’s from the University of Pennsylvania, where he taught topics he regards as much more fun than real estate, though he thinks real estate can be fun, too, if you’re making money and putting it to good uses. He is receiving no pay for this seminar for SAAAIDS; instead, net proceeds go to SAAAIDS. Each of Dr. Kravinsky’s degrees and post-docs is in a different field from the rest. He lives in Pennsylvania with his four young children and his wife, a part-time physician and double-full-time mother. Dr. Kravinsky recently started a real estate investment partnership based on the mathematical models he invented for himself, with no management fees charged to charities of whose aims he and his associates approve.

ABOUT CREDIT SUISSE FIRST BOSTON

Credit Suisse First Boston (CSFB) is a leading global investment banking firm. Its businesses include securities underwriting, sales and trading, financial advisory services, lending, private equity investments, brokerage services and investment research. It also provides asset management products and services. The Real Estate Finance and Securitization Group provides a full range of debt and equity capital, financial advisory and capital markets services to the real estate industry. Together with its Column Financial subsidiary, the firm is the top contributor of commercial loans for the securitized market and is the number one lead manager for the issuance of CMBS securities.

ABOUT CAFÉ SPICE

Sushil Malhotra and Rajesh Bhardwaj created Café Spice (www.CafeSpice.com), a vibrant and contemporary Indian Bistro. Café Spice has received critical acclaim from many local and national publications including Gourmet Magazine, New York Magazine, Time Out, and Interior Design. After the success of the first Café Spice, at 72 University Place in Manhattan, five more have opened. They include Café Spice on West 55th Street in Manhattan, Café Spice Philadelphia, Café Spice Express in the Grand Central Terminal, Café Spice Newport in Jersey City, New Jersey, and the latest, Café Spice Express at the Roosevelt Field Mall in Long Island, which opens January 2004.

ABOUT SAAAIDS

SAAAIDS (South Asia Against AIDS Foundation, Inc.) (www.SAAAIDS.org) is a publicly supported not-for-profit organization located in New York City whose mission is to empower South Asia’s women and children against HIV/AIDS through its SHE Strategy, or Shelter, Healthcare and Education. Over the last three years, SAAAIDS has become a critical global information resource on South Asia’s HIV/AIDS epidemic, with its large website which receives over 1,000 daily hits, presentations, article distribution, collaborations and annual high profile events in Manhattan involving the worlds of philanthropy, business, medicine, law, the arts, media, entertainment, politics, diplomacy and journalism. SAAAIDS is establishing The Girija Fund that will pay for the annual anti-retroviral treatment of underprivileged HIV-positive children in India and Pakistan. SAAAIDS’ Girija Fund’s first recipients are 20 children of different nationalities, religions and backgrounds, whose treatment will be managed locally by collaborating clinics who will be paid directly by SAAAIDS. Contact with both clinics and families will ensure treatment adherence and improvement in the children’s health and quality of life. For more information, please contact Asha Olivia, at SAAAIDS, at (646) 729-3962, or Asha@SAAAIDS.org.

SAAAIDS Extends A Warm Thank You
For Making This Event Possible To Our Friends
– Dr. Zell Kravinsky –
– Anand Gajjar and Jeffrey Hou of Credit Suisse First Boston –
– Rippy Sethi of TV INDIA –
– Sushil Malhotra and Rajesh Bhardwaj of Café Spice –

ABOUT NYNY REALTY

NYNY Realty (www.NYNYRealty.com) has delivered exceptional real estate services and outstanding results for its clients since 1989. NYNY Realty distinguishes itself by taking the time to truly understand the needs of its clients enabling a customized, efficient and effective approach across a variety of real estate initiatives. NYNY Realty is a national firm with offices in New York and Miami and a network of global real estate connections. For more information, please contact Jim St. Andre, at (646) 732-8162, or Peter McCuen, at (212) 396-0083.