The Ergur Group 2012 / Toledo

“Coming together is a beginning; keeping together is progress; working together is success.”
Henry Ford

© 2012 – The Ergur Group

Ohio Economy: Where are we Heading?
Ohio -- Northeast Ohio's economy continues to grow at a steady but modest clip, thanks largely to an old
friend -- manufacturing -- but observers see a powerful new catalyst on the horizon.
Major energy companies are investing millions into Ohio's surprise resource --the natural gas trapped
deep in ancient shale deposits. With drill permits being acquired at accelerating rates, it's only a
matter of time before large-scale drilling becomes an economic stimulus, according to an analysis by
Team Northeast Ohio.
The regional economic development agency reported in 2012 that job creation in Northeast Ohio grew for
the seventh consecutive quarter as the unemployment rate dropped to 8.3 percent in March, slightly
beneath the national rate.


Toledo, Ohio
Toledo, located in the heart of the industrial Midwest, Northwest Ohio has built a strong manufacturing
base in glass, plastic, primary metal and fabricated metal products, as well as automotive assembly and
parts production.
Toledo's central location to major Midwest cities such as Chicago, Pittsburg, Detroit, Cleveland,
Cincinnati, Indianapolis, Columbus, St Louis, Buffalo and Toronto, coupled with its world class
transportation infrastructure, gives it unparalleled access to the Midwest market. Located at the
crossroads of Interstate 75, 80 and 90, the Northwest Ohio region is within a day's drive of nearly half the
U.S. and Canadian industrial markets and is ideally situated for businesses to reach customers and
suppliers throughout the Midwest.
That access to the Great Lakes, combined with the region's international cargo hub, and one of the
leading rail centers in the country, makes Northwest Ohio a global platform for doing business anywhere
in the world.
.


Toledo
State and Local Business Climate
Industries that historically have supported the area include farming, industrial production, transportation
and warehousing. A strong agricultural base - fostered by farming communities that harvest corn, wheat,
soybeans, tomatoes, pickles, and more - has promoted the growth of food production, distribution and
transportation throughout the region. The region’s industries include both small and large companies, all
supported by highly trained workers


Toledo + Ergur: Where are we Heading?
Partnering with the City of Toledo in a public private partnership (P3), our main goals are creating jobs &
development projects; not only to raise the standard of living of the residents of Toledo, but to create a
young, vibrant and productive economy.
The solution is to use public + private partnership monies to develop major for-profit transportation,
energy and communications infrastructure projects that will spark employment & growth, reduce US
dependence on foreign energy and on foreign debt, and improve the efficiency of the economy for all
growth industries in the twenty-first century.
The end result will be a more sustainable and stable economic future for greater Toledo, Ohio.
The results will elevate the City of Toledo as a world class business investment and lifestyle hub.


From hot dogs to Jeeps, President Obama sees
what Toledo makes Toledo Blade, June 3, 2012
Fortified by chili dogs from Rudy's Hot Dogs, President Barack
Obama arrived at Chrysler Group LLC’s Toledo Assembly
complex Friday afternoon to herald the auto industry's
rebound after a government bailout and announce a deal for
Fiat to buy the Treasury's remaining stake in Chrysler.


Ergur + JV Partners
 City of Toledo
 Trade Unions
 County of Lucas
 Port Authority
 University of Toledo
 RGP
 HONDA
 Rudolph & Libbe
 AGM
 Sandvick Architects
 McGladrey
 A2A + Brooks Media

 Dean Monske (Northwest Ohio Growth Partnership (RGP)–CEO),
 Koray Ergur (Ergur Real Estate Group-CEO),
 Mike Bell (Toledo Mayor),
 Ismail Sumer (HONDA Factory Director, Board Member),
 William Rudolph (Rudolph Libbe Companies-Chairman),
 Thomas Crothers (Deputy Mayor)


Ergur Guiding Principles
 Core Beliefs and Values + Purpose = Guiding Philosophy
 Mission + Vivid Description = Tangible Image
 Guiding Philosophy + Tangible Image = Vision
 Strategic Vision x Communication = Shared Purpose
Shared Purpose x Empowered People x Appropriate Organizational Changes x Strategic Thinking = Successful Visionary Leadership


Be a company that people want to exist
THE ERGUR GROUP BUSINESS DIRECTION

Global No.1 amongst Real Estate companies
Vision: Become a company that contributes to society through with highest efficiency
construction projects & properties.
Mission: Achieve ‘Outstanding Quality w/ Affordable Price’ for
worldwide customer satisfaction. ERGUR Midterm Vision:

Establish a company constitution
that contributes to society
Action Requirement:
Midterm Direction:

1. Strengthen teamwork among ERGUR associates. Strengthen ERGUR Name
2 .Enhance each associates skills.
3. Ensure all applications based on company principles.

Expansion of ERGUR Group
People living in higher reliable investments
To make clear understanding standard new housing
of Nicholas Building incentives To be a
Marketing of existing new company that
working & living area which
Find clients to move in Housing construction for has been established by EG people can
to new dwellings at attractive living area respect &
Nicholas Building
ERGUR Group management
trust
Standardize ERGUR
& growth plan
Group management
ERGUR Group management constitution
based on corporate governance

Create a working environment where people can enjoy living and have the desire to move to Toledo
Reinforce management led by ERGUR Group / Apply company principles which respect individuals

2012 2013 2014
The Nicholas Building ANDI Vision Projects
Reliable ERGUR
company constitution
Ergur Group @ Toledo Projects against changes

 The Nicholas Building
 The Spitzer Building
 The Commodore Perry
 Ergur Tower (New)
 The Nasby Building
 The Pythian Castle
 The Erie Street Garage (New)


Billboards (4) @ Nicholas


Total Nicholas + Spitzer (398 units)


Commodore Perry Building


Ergur Tower
Mixed Use Development (New Construction)

Sample Tunnel Concrete System Project Picture from Baker High-Rise Concrete

The Nasby Building (To Be Restored as a University Campus / Hotel)

The Pythian Castle
To be Restored as Residential Condos


The Erie Street
Parking Garage By ANDI


A2A Media + Ergur Partnership


Self Sustainability w/ GEOTHERMAL ENERGY

• WIND
• SOLAR
• GEOTHERMAL


Downtown Toledo Revitalization Analysis

Create a vibrant downtown community by filling the area with
more residential occupancy work with the city to reduce crime rates
and create a safe community to live.
Create ample FREE parking for people to be able to live and
visit the downtown Toledo area. Attract necessity service stores (i.e.
drug & grocery stores) to downtown to fill the needs of the
population and attract retail shops to the downtown area.

Setting the Stage for Development
 STEP 1 Capture the Vision (ANDI + ERGUR) (DONE)

 STEP 2 Develop a Strategic Plan (DONE)

 STEP 3 Forge a Healthy Private/Public Partnership (WORK IN PROGRESS)

 STEP 4 Make the Right Thing Easy (TOLEDOANS + LEADERSHIP IN PLACE)

 STEP 5 Establish Business Improvement Districts and Other Non-Profits (DONE)
 STEP 6 Create a Catalytic Development Company (THE ERGUR GROUP)

 STEP 7 Create an Urban Entertainment District (ANDI)

 STEP 8 Develop a Rental Housing Market (ANDI + ERGUR)

 STEP 9 Pioneer an Affordability Strategy (ANDI + ERGUR)

 STEP 10 Focus on For-Sale Housing (ANDI + ERGUR)

 STEP 11 Develop a Local-Serving Retail Strategy (ANDI + ERGUR)

 STEP 12 Re-Create a Strong Office Market (ANDI + ERGUR)

Strength Weakness

 Continued investment from abroad.  Lack of FREE parking
China, Turkey & Others  Lack of youth demographic in
 Continued increase in residential area
 Newly developed arena  No grocery stores in area
 Newly formed pro hockey/baseball  No drug stores in area
teams (Mud Hens & Walleye)  No shopping centers in area
 Strong demand for urban living
 Historic renovation creates greater
value.

Opportunity Threat

 Draw in a grocery store to downtown  Lack of FREE parking in area will
center detour people from wanting to
 Pull in youth demographic through shop/live downtown
development of college in the city
center
 Attract retail shops to create a vibrant
urban living community

 Increase the population of downtown Toledo to 150,000 residents by spring of 2013 with a
growth rate of 7.5% per year
 Work with city officials to identify the key drivers of crime within the area, and prepare a plan of
action to reduce crime rates by 20% every year
 Create a solution for free parking that offers no less than 25,000 spaces for a 1 mile radius, with
the ability to double every 2 years
 Attract national and local retail to the area to satisfy demand & needs for the local population

 Grocery Store & Supermarket
 Pharmacy & Drug Store
 Restaurants + Jazz Clubs
 Starbucks, Peet’s Coffee
 Clothing Stores
 Dining & Food Court
 Electronics Stores
 APPLE
 MICROSOFT

 Phase 1
 Work with the student bodies of the local
colleges to identify and satisfy what
needs/demands they have in order for them
to have a desire to live downtown
 Build a movement among the universities
to want to revitalize downtown Toledo
 Work with University board of directors to
establish a campus in downtown Toledo by
the end of 2013

 Phase 2
 Establish no less than 10,000 parking spaces within a 3 mile radius in downtown
Toledo, with the ability to double parking every year for the next 3 years
 Work with local taxi companies to establish reliable transportation to and from
downtown Toledo
 Improve the public transportation system (TARTA), in order to add efficiency and
increase traffic to and from downtown Toledo

Phase 4
 Bring in grocery store by
4th quarter of 2012.
 Bring in national drug store
chain (i.e. Walgreens) by
2nd quarter of 2012.
 Bring in at least 1-3 new
shopping outlets to
downtown Toledo every
year for the next 5 years.

Our exit plans foresee the following potential:
 Sale with owner carry back programs
 Refinance with FHA + SBA loans (multiple options)
 Investors’ green card program; EB5 + Toledo Ergur
Regional Center Program
 Sale – Lease back with $1 buyback plan
 Partnering with end users
 Exchange & trade globally
 Sell investors a debt or equity shares
 Build up cash flow and sell it to private + institutional
investors
 Donation for the benefit of the public
 Utilize and capitalize all available tax credits,
incentives & grants (Up to 90% +)
 Joint venture and partner with 2nd tier group of new
JV’s and partners
 Toledo + Ergur Real Estate Investment Trust (Private
REIT)
 Toledo + Ergur Private Equity Investment Fund
Offering
 Pre-Lease Up Campaign (Worldwide)
 Pre-Sales (Worldwide)
 Floor by Floor to Investors
 Unit by Unit to End Users
 Perfect Ergur business model and franchise it globally



How does the overall cost of a typical project like this compare with what it
might cost to undertake equivalent new construction?
 By putting the proper incentives in place,
new construction cannot compete with the
value of historic renovation.
 New construction may appear at the onset
to be less expensive than historic
renovation because the labor costs comprise
a much larger portion of the historic
renovation construction budget.
 New construction labor costs are typically
about 50 percent of total costs, whereas the
labor component of historic renovation is
closer to 60 to 70 percent.
 But you have to evaluate the complete
financial structure, and when you do that
historic renovation creates greater value.

 The federal government provides a “Historic Renovation Tax Credit” of up to 26 percent of the total
renovation costs.
 State of Ohio offers additional historic preservation credits of 25 percent or more. Because many of
these buildings are located in areas that have suffered considerable decay and economic blight, they will
often meet the requirements.
 For participation in the Federal New Markets Tax Credit program. The NMTC can generate additional
credits equal to 39 percent of the renovation costs and are often layered on top of the historic credits.
 Some quick math will tell you that adds up to 90 cents plus on the dollar of public equity contribution in
the form of state and federal tax credits — just for starters.

City of Toledo Leadership + Ergur Team Members

The EB-5 immigrant investor category
allows a person and his or her family
members to get a green card (i.e. live
permanently in the US) by investing a
certain amount of money in the U.S. and
creating or saving 10 U.S. jobs. The
minimum amount of money to invest is
$500,000 if you invest in a rural or high
unemployment area. Otherwise you must
invest at least $1,000,000.

Mike Bell (Toledo Mayor), Angela Beck (Ergur) and Dean
Monske (President and CEO The Regional Growth
Partnership (RGP))

 Invest in projects developed by City of Toledo
government agencies, economic development
non-profits, and top real estate firms
 Invest in projects selected to create a significant
number of jobs
 TERC will assist you in the EB-5 petition process
 Minimum investment is only US $500,000
 Satisfy job creation requirements by counting
both direct and indirect jobs
 TERC's job creation methodology is subject to
approval by the USCIS
 Your US $500,000 investment will be held in a
protected escrow account until approval of your I-
526 petition. If your petition is rejected, your US
$500,000 investment will be immediately will
returned to potential investor.

The Ergur Group is seeking visionary dreamers, Looking for business partners who develop & market powerful
entrepreneurs, brokers, lawyers, engineers, contractors, self-sustained city solutions and technologies.
universities and other experts to become involved with
us in implementing a plan to create a visionary  Joint Ventures + Partnerships:
downtown in Toledo, Ohio, while ensuring the City’s  Joint Ventures w/ Land + Property Owners
future with development that will be beneficial to all.  Joint Ventures w/ Developers
 Team of professionals / companies we are seeking  Joint Venture w/ Retail End Users
to partner with:  Joint Ventures w/ Financial Partners
 Private & institutional investors  General contractors worldwide (multiple)
 Real estate brokers & agents worldwide  Trade subcontractors from Ohio
 Specialized in Leasing
 Specialized in Sales
 Commercial mortgage brokers & lenders  Anyone who participates and assists us with creating and
 Bridge loan agents / brokers fulfilling our vision and transforming it to reality,
 Specialized FHA + SBA Loans regardless of their position or background, but who has
 Public employees union leaders (Ohio)
 Trade union leaders (Ohio) the necessary abilities to accomplish a dream, will be paid
 Manufacturer owners from around the world the industry standard finder’s fees plus commissions.
 Private universities from around the world
 Entrepreneurs & innovators with revolutionary vision  Let’s spread the word and capitalize on our abilities and
and ideas
 Investment bankers from around the world relationships by working together on a significant joint
 Small business owners seeking to expand their enterprise for which we will all be proud, rewarded and
market appreciated from a great City that thinks far into the future
 Medical center & clinics owners and enthusiastically supports these business endeavors.
 Senior care facilities managers & business owners
 Hotel management & business owners
 Data center managers, owners and operators from  Thank you all in advance; now let’s roll up our sleeves
around the world. and bring these dreams to reality. We are fully committed
 City, county and state government agencies to this vision and we welcome everyone. Come and join
 Network of individuals / companies active in building
self-sustained cities within cities projects worldwide. us in becoming part of this history-making project.

Please forward a one or two page letter of intent to Koray Ergur at koray@ergur.com.

WHY THE NICHOLAS BUILDING?

 We sell and/or exchange + equity swap with no down payment.
WHY TOLEDO?
 No interest (0) + No down payment plan (0) / {(0) + (0)}
 Approximately $12 Million in renovations over the past few years
 Toledo Mayor, Mike Bell, has a clear vision of the “City of
 As a national historic landmark, The Nicholas Building qualifies for
Toledo, becoming a world class international business
many State and Federal Grants for both interior and exterior
investment and lifestyle hub.”
renovations
 Unlike many other city leaders who are sitting and complaining
 Excellent location within Toledo's Central Business District
about the economy, the City of Toledo leaders are travelling
 Significant opportunity to create value: Year One NOI does not include
around the world creating new opportunities for metropolitan
lease-up of the vacant space
Toledo.
 Easy Access to Interstates 75, 280 and 80/90 (Ohio Turnpike)
 Prospective business owners & entrepreneurs engage with
 Located within walking distance of Toledo's Marina District, the Lucas
Toledo’s local professionals & government officials to take full
County Courthouse, various government offices, several restaurants,
advantage of all of the available tax credits & incentives for new
Fifth/Third Field, the Seagate Convention Centre and Lucas County
businesses moving to Downtown Toledo. Business Advantages
Arena - Providing the Area with 1.5M People per Year in Foot Traffic
of relocating to Downtown Toledo
 Available at well below replacement cost. Priced to sell and/or
exchange.
WHY ERGUR?
 Located across from the brand new Lucas County Arena, an 8,000 seat
arena which opened in the Fall of 2009
 Full commission to finders & brokers. (In most cases, finders
get double full commission because of our equity swap deal
JOIN US! e+Force
structure.)
 We can close very fast; that means cash out of escrow for
 We are focused and constantly seeking real estate deals that fit into
everyone involved.
our formula and we’re interested in recruiting top real estate brokers in
 Ergur has plans to finance the Nicholas Building, swap and/or
the almost anywhere. Our plan is to expand our network daily &
purchase transaction 100% in-house so there’s no need for
constantly for potential opportunities for exciting equity swap
bank approval or extensive due diligences & long appraisal
transactions…join us!
periods.
 We are leading a global REVOLUTION in real estate & e+Exchange -
 Please share our proposal with all of the real estate brokers
e+Force
and agents in your network; we will protect your commission
 We are recruiting Realtors, Brokers, Team Leaders and Partners
split share.
almost anywhere
 We will also consider (in lieu of payment) Nicholas Building
 We are searching for brokerages to acquire, merge with or JV almost
condo ownership and/or stock option exchange for promising
anywhere
startup companies.
 International Development Officers & Partners almost ANYWHERE

 ANDI Vision Video http://youtu.be/MtSp3Tju9Aw
 City of Toledo + The Ergur Group is supportive of creating new infill projects that further the Arena Neighborhood Development
Initiative (ANDI) Vision as created by the Greater Downtown Business Partnership relating to the redevelopment of Downtown
Toledo, Ohio. We believe the potential for ANDI and other projects near the downtown zone have an estimated budget exceeding
one billion dollars.

 RGP http://www.rgp.org
 Visit this website and find out about Northwest Ohio’s advantages:. When it comes to a dynamic business location, Northwest Ohio
is your central point for access and opportunity. With nearly 100 million people living within a 10-hour drive of Northwest Ohio, and
with instant access to air, rail, seaport and two of the country's most traveled interstates, the doors to the global market are wide
open. Northwest Ohio provides the perfect balance of business opportunities and an exceptional quality of life.

 Future of Glass vs. Glass City (Toledo) http://youtu.be/6Cf7IL_eZ38
 Watch "A Day Made of Glass" and take a look at Corning's vision for the future with specialty glass at the heart of it .

 Latest News & Articles

Questions, Comments & Feedback are Welcome
info@ergur.com or (888) 513-6688

The Ergur Group 2012 / Toledo

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